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MGT’s Bitcoin Mining Facility to Counter Growing Chinese Dominance?

China has always been considered as a threat in the capitalistic economic system. The world’s largest country in terms of population has been blamed for eating into the jobs as it continues to be a favored manufacturing destination for many companies across the world. The Asian country has now gained a strong foothold in the […]

Hackers Target Ukrainian Bank, Steal $10 Mil over SWIFT

The banks now have an urgent need for blockchain based fund transfer solutions, as the conventional systems are being frequently compromised. The SWIFT network, which is widely used by the banks across the world for electronic fund transfers has been affected by multiple hacking attacks till date, resulting in huge loss of funds. After the […]

Bitcoin Price Sell-Off To $650

Bitcoin price made a corrective high at $705 (Bitstamp) and was then sold off to $650 for the duration of the day. What the market does next will determine trend for the next week. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and […]

Heifer International Now Accepts Bitcoin Donations Through BitPay

The non-profit industry is definitely warming up to the thought of adopting bitcoin as an additional channel for receiving donations. Heifer International, a 72-year-old nonprofit has become the latest one to join the ranks by tying up with BitPay. BitPay, the leading bitcoin payments processor has announced the inclusion of Heifer International into its client […]

Bitcoin Price Retrying $700

Another day and another wave of advance. Bitcoin price has broken through $680 and the market is currently with $700 which had caused deep correction a month ago. Technical analysis looks for up- and downside targets. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join […]

Ethereum’s DAO Forking Crisis: The Bitcoin Perspective

Ethereum is in a state of crisis. “The DAO” (Decentralized Autonomous Organization), a code-based and leaderless investment vehicle that crowd-funded a record-breaking 150 million USD worth of ether, was unexpectedly drowned by an unknown hacker two weeks ago. About a third of all invested ether – some 4 percent of the total ether supply – […]

Does BIP 75 Really Threaten Bitcoin’s Fungibility?

On Wednesday, the Bitcoin community went into a tizzy over BIP 75 (BIP stands for Bitcoin Improvement Proposal) which is, in short, a layer-2 protocol for improving the user friendliness of Bitcoin payments. The community, especially on Reddit, is concerned that the option to identify oneself to the sender or receiver of a payment may lead […]

Hyperledger Global Expansion Adds Seven New Members to Blockchain Initiative

The Hyperledger Project, led by the Linux Foundation and aimed at the development of an enterprise-grade, open source distributed ledger framework and codebase, recently announced that seven new members have joined the project. New members are INVeSHARE, MonetaGo, Swedish developer Norbloc, the Moscow Exchange, and three Chinese firms: BitSE, Belink Technologies and Onchain. “The enterprise […]