U.K. Government Awards Framework Agreement to Blockchain-As-A-Service Company Credits

The U.K. Government has awarded the first G-Cloud 8 framework agreement for the supply of distributed ledger technology to technology startup Credits. Credit, which won the Best Blockchain Startup at the 2016 Europas Awards, is a blockchain platform provider supplying distributed ledger technology software and cloud-based services, with tools for building secure and scalable blockchains […]

Bitcoin Core Devs Reach Out to Coders With Month-Long Coding Classes

Chaincode Labs developers Alex Morcos and Suhas Daftuar, and Blockstream developer Matt Corallo — three regular Bitcoin Core contributors ― will organize a month-long Bitcoin coding class at the Chaincode Labs offices in New York starting September 12. During this “Bitcoin Hacker Residency,” they will assist and mentor about half a dozen developers, with the goal of […]

After the Bitfinex Hack, Here’s Why Bitstamp Is Sticking With BitGo

In the aftermath of the recent theft of more than $65 million worth of bitcoins from Bitfinex, parts of the Bitcoin community have been wondering what role BitGo’s multisig-focused security offering may have played in the whole ordeal. According to the company’s website, BitGo handles more than 10,000 Bitcoin transactions per day and helps its […]

US Government to Auction off $1.6 Million Bitcoins

The U.S. Marshals Service (USMS) announced today that they will be auctioning off $1.6 million worth of bitcoins later this month. The more than 2,700 bitcoins were forfeited from various cases including that of the notorious online black market, Silk Road, which was shut down by the FBI in 2013. In an announcement released today […]

US, UK Top Cryptomarkets Online Illegal Drug Trades

Compared to the days of Silk Road in 2013, the number of transactions of illicit drugs on the cryptomarkets has tripled, with revenues doubling, says a new report by RAND Europe. The not-for-profit research institute, whose mission is to help improve policy and decision-making through research and analysis, names vendors who indicated they were operating […]

Bitfinex Slowly Getting Back Online after Users Suffer 36% Loss

Bitfinex has announced that it is slowly getting back online after announcing to its users that they will lose 36 percent of their assets. Last week the Hong Kong-based bitcoin exchange suffered a security breach which saw $65 million worth of bitcoins stolen and the price of bitcoin plummeting 20 percent. It has since climbed […]

Ethereum Experts Debate Merits of Two Ethereum Chains

Although a large proportion of the Ethereum community believed the recent hard fork would result in one chain that the entire community could get behind, it’s clear that a segment of Ethereum enthusiasts would like to see a strict adherence to the original concept of code as law. Ethereum Classic is the original Ethereum blockchain […]