News

Future Shock? Device Allows You to Implant Cryptographic Keys under the Skin

Want to be a cyborg?   Dangerous Things, a biohacking company, has developed a near-field communication (NFC) compliant chip that allows people to implant cryptographic keys under their skin, as reported by Motherboard. The chip is scheduled for release next year. Benefits Versus Privacy Implantable chips are good for people who have trouble holding onto their keys, […]

Bitcoin Price Watch; The Week’s Final Take

So the weekend has pretty much arrived, but we’ve still got the close of the US session ahead of us, and an evening’s worth of trading to see if we can close out the week on top of the market. It’s been a pretty rough week, and the markets have been pretty volatile. Normally, this […]

Baidu’s Slap of Bitcoin with a Ban Is a Wake up Call to All

News has come in this morning that Baidu has banned bitcoin advertising on its website which handles almost all of China’s search inquiries. The action follows the tragic death of Wei Zexi, a college student with cancer who sought treatment from a hospital found through an online advertisement. Zexi stated in a post before his […]

Bitcoin Price Tell Me You’ll Be True

Bitcoin price is climbing in a choppy advance. Is this the base of a large advance, or just an upward correction in a sideways spell? This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of analysis: 14h00 UTC Friday Bitstamp […]

South Africa’s Blockchain Startup Custos Raises More Funds to Fight Piracy

Custos Media Technologies, a South African company which fights piracy using Bitcoin and blockchain technology, has recently announced a successful fundraising round of $420,000. South Africa’s Technology Innovation Agency (TIA) is the investor in Custos’ latest fundraising round. A prominent startup news media outlet reports that the company will be receiving the raised amount over the […]

Bitcoin Price Watch; End of the Week Scalps

Well we’ve made it to the end of the week, and things have gone so so in our bitcoin price trading. We are pretty much net flat on the market after last night’s session, and go into today’s European session with plenty to go at. Volatility overnight got us in to the markets on a […]

What is Bitcoin Backed By?

The post What is Bitcoin Backed By? appeared first on 99 Bitcoins. Wondering what bitcoin is backed by? The answer is nothing at all, but that’s actually not a bad thing. Like most modern currencies bitcoin is not backed by gold or other precious commodities. In a sense, bitcoin’s value is derived from our common […]