European Union Leaders Seek Greater Oversight of Bitcoin Activity
A group of European heads of state are pushing for greater oversight of digital currency activity in the European Union.
Slush Pool Introduces Provably Fair Bitcoin Mining
Bitcoin mining today is dominated by mining pools. These mining pools arguably have a strong hold on the Bitcoin network, but also on their own participants. Since mining pools typically operate with little transparency, participants must issue a lot of trust in pool operators not to cheat them out of Bitcoin. Czech Republic-basedSlush Pool – […]
BitPay’s Stephen Pair: Community Needs to Become Proficient at Managing Bitcoin Forks
As opposing sides in Bitcoin’s long-lasting scaling dispute seem to be inching closer, one of the remaining sources of contention is not whether, but how to achieve a small block size bump. TheBitcoin Core development team wants to increase the maximum block capacity through aSegregatedWitnesssoft fork, which has since been embraced by a large part […]
SEC Seeks $10 Million Default Judgment Against GAW Miners
The Securities and Exchange Commission is seeking more than $10 million from the cryptocurrency mining firms GAW Miners and ZenMiner.
Exbinol.com allows you to play the lottery safely across state lines – or international borders, using BTC
Bitcoin Press Release: Bitcoin Gambling and Gaming are industries that have experienced a lot of growth these past few years – and for good reason. They leverage systems that are provably fair compared to traditional gaming, and multi-signature combined with other can security make them safer than online alternatives. Many online gaming enthusiasts have come away […]
Discount Drink App Hotspot Allows Patrons To Pay With Bitcoin
An app called Hotspot allows bar and restaurant patrons in Seattle, Washington to earn discounts on drinks when paying with bitcoin, according to GeekWire. It also allows the establishments to accept bitcoin payments. The merchant incurs a transaction fee of a half to one percent compared to 3 to 4 percent credit cards charge in fees. […]
One of South Korea’s Biggest Banks is Developing Blockchain Remittances
South Korea’s KB Kookmin Bank is developing a blockchain remittance solution with the aim of ushering in “safer and faster” foreign exchange services.
Estonian Supreme Court Holds Landmark Public Hearing on Bitcoin Case
Estonia’s Supreme Court began a public hearing on the case of Dutchman Otto de Voogd, a Bitcoin entrepreneur, who is facing fines upward of €32,000 and jail time for not disclosing information about his Bitcoin associated clients. In a case that began 2 years ago, Voogd was repeatedly questioned for data in regards to his […]
Ripple Settles $1 Million Lawsuit With Former Executive and Founder
A months-long legal dispute involving distributed ledger tech startup Ripple and its co-founder Jed McCaleb has come to an end.
Hyperledger Project Looks at Options to Build Blockchain Technology with IBM, DTCC, SWIFT, and Others
Earlier this week Bitcoin Magazine reported that the Linux Foundation announced technical updates to the new Hyperledger Project, a formal open governance structure, as well as new members from across the industry. The Hyperledger Project wants to develop a new open source blockchain separated from the Bitcoin blockchain. Digital Asset Holdings, the fintech startup headed […]