Chinese Bitcoin Mining Company Canaan Sold for $466m

Canaan is not a company that would ring a bell for most people unless they were deeply involved in the Bitcoin mining game. This pioneering mining firm was acquired by an electronics manufacturer earlier today. It appears as if CNY 3bn participated in the process, as well as company stock. Canaan Got Acquired Before Primetime […]

Satoshi Citadel Industries in Philippines Receives Funding from Korean KVG

The leading Bitcoin and financial technology company in the Philippines has just received a decent amount of funding from one of leading South Korean company. K Venture Group, the investment arm of Kakao Corporation (KOSDAQ: 035720) has invested an undisclosed amount in Satoshi Citadel Industries. With the influx of new investments, Satoshi Citadel Industries can […]

Should the DAO Hire Professional Consultants?

Decentralized organizations have a tendency to require much input from very few people, with the vast majority relying on their free and voluntary work. However, as they provide their input due to simple interest, they may be unwilling to take a fully comprehensive and professional approach. The volunteers eventually take a semi-leadership position, but lacking […]

Bitcoin Price Testing Traders’ Patience

Bitcoin price keeps simmering below $600. Perhaps ominously so. Direction is uncertain and the advice to traders remains the same: rather than anticipate the move, let the market show the way. This analysis is provided by with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 […]

New Sportsbook Launches Ahead of Euro 2016 with Promise to Be Number One Bitcoin Bookmaker

Bitcoin Press Release: Coin Gaming, the operator of world-leading bitcoin casino, has launched, a new bitcoin-only sportsbook, ahead of Euro 2016, providing thousands of betting opportunities on the prestigious soccer tournament. The new operator went live this week, giving bitcoin users an exciting, new option for betting on the largest gambling event of 2016, […]

Understanding the Lightning Network, Part 2: Creating the Network

The Lightning Network is the probably most highly anticipated technological innovation to be deployed on top of Bitcoin. The payment layer, first proposed by Joseph Poon and Tadge Dryja about a year ago, promises to support a virtually unlimited number of off-chain transactions among users, at nearly no cost – while leveraging the security offered […]