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 – […]

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. […]

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 […]

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 […]