U.K. Minister for the Cabinet Office Matt Hancock is persuaded that blockchain technology could transform the way government works. In a speech given at an event organized by Digital Catapult and Imperial College’s Centre for Cryptocurrency Research and Engineering (IC3RE), Hancock outlined some of the government’s current plans to leverage blockchain technology for government applications. […]
The Australian computer scientist Craig Steven Wright is sending shock waves throughout the Bitcoin world, as he once again claims to be the man who invented Bitcoin. At the heart of the story, Wright himself published a blog post suggesting he signed a message with one of Satoshi Nakamoto’s private keys. And importantly, Wright’s claim was […]
Bitcoin markets experienced little change on 2nd May in response to Craig Wright’s claim that he is the digital currency’s creator, Satoshi Nakamoto.
Lawyers have been speaking at Consensus 2016 about their belief that some money transmitting regulations need to be changed.
BBC reporter Danny Vincent visited a bitcoin mine in China that reportedly mines up to $8 million per year. Vincent was invited to tour the mine under the condition that its location remains confidential. The reason for the secrecy is that the mine is outside the control of the Chinese government, which has not taken […]
At Consensus 2016, expert panelists took turns discussing the future regulatory climate for digital currencies like bitcoin.
Bitcoin payments processor BitPay has unveiled a new bitcoin debit card that will enable users to make payments at any Visa point-of-sale (POS) terminals and withdraw cash at Visa ATMs, anywhere across the United States. BitPay has launched its new BitPay Visa card, a debit card that will be available for users in all 50 […]
Bitcoin price remains above $440 after retreating from $450 earlier in the day. The market has not managed a higher high this week, and decline seems evident for the first time in months. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive […]
A Bitcoin-style virtual currency could save Europe’s power grids from reaching breaking point as more and more “prosumers” come on line, the European Commission’s Horizon magazine reports. Prosumers ‒ a buzzword in the emerging sharing economy ‒ are consumers who also put energy back into the network from domestic wind turbines and solar panels. The […]
Through a coordinated media event, the Australian computer scientist Craig Steven Wright today claimed to be Satoshi Nakamoto, the inventor of Bitcoin. Wright himself published a blog post which he says cryptographically proves ownership of private keys Satoshi would have, which was covered by the BBC, The Economist and GQ, and backed by several prominent members of […]