Happy CoinFest 2018 from NewsBTC

It’s that time of year, again, when cities around the world unite in celebration of cryptocurrency. Part convention, part holiday, CoinFest is a decentralized and open source event in which anybody can participate. Organizers need only abide its core protocol, which is that events be free to attend and held at venues that accept cryptocurrency […]

BitPay Raises $40M in Series B Funding to Expand into Emerging Asian Markets

While the price of bitcoin continues to loom around the $7,000 range, Bitcoin payments seem to be holding strong in various parts of the world. In particular, emerging markets in Asia looking to facilitate low-cost payment solutions for cross-border commerce are benefiting from cryptocurrency transactions. This has become apparent as BitPay, the largest global blockchain […]

Vitalik Buterin and Joseph Poon Call Out Craig Wright at Deconomy 2018

Deconomy, an international blockchain forum, is taking place in Seoul, South Korea, from April 3 to 4 at the Walkerhill Hotel. Organizers have looked to bring audiences the “brightest entrepreneurs, thought leaders, investors, developers, academic and policy groups, and blockchain enthusiasts” to present and discuss the biggest topics within the blockchain industry. Among the event’s […]

Is Nasdaq’s Latest Slip Good for Cryptocurrencies?

The Nasdaq continued the fall from its all-time high on March 12, 2018. The Nasdaq is down nearly 10% since the high on a variety of news. The Nasdaq, which tracks tech stocks has suffered under the weight of massive losses in market capitalization by the likes of Facebook, Amazon, and Twitter. The causes, which we’ll […]

Mysterious Developer bitPico Claims Responsibility for Lightning Network DoS Attack

Mysterious Bitcoin developer bitPico has confirmed rumors that they have launched an attack against the Lightning Network’s nascent mainnet implementation. The pseudonymous individual or group made the announcement on the bitPico Twitter account, describing the attack as a “stress tool” for the LN software — which just entered beta — and claiming that it had […]

Ethereum ASIC Miners Set to Hit the Market as Bitmain Begins Taking Preorders

The first Ethereum ASIC miners are about to hit the market, ushering in a new — and potentially disruptive — era for the second-largest cryptocurrency. Chinese mining hardware manufacturer Bitmain announced on Tuesday that it was accepting preorders for the Antminer E3, which is believed to be the first ASIC miner compatible with the Ethash […]

NVIDIA CEO: “Cryptocurrency Is Here to Stay”

Speaking with Mad Money host Jim Cramer, NVIDIA CEO Jensen Huang recently claimed that “cryptocurrency is here to stay,” and he “doesn’t see the craze ending anytime soon.” Though it first came to fruition in 2008, bitcoin gained a solid taste of mainstream popularity in 2017 when its price began rising faster than anyone had […]