Editor’s Note: A BTCC representative contacted CCN to note the reference to the Reddit post citing a ransom demand of 1 BTC is for a previous DDoS attack, not the current one. The article has been corrected. BTCC, the Shanghai, China-based digital currency exchange, suffered a distributed denial of service (DDoS) attack, the company noted […]
ChangeTip community director Victoria van Eyk details the charitable efforts of the bitcoin community in 2015.
In an effort to foster further development of blockchain technology, WanXiang Blockchain Labs, a Chinese research institution, and Deloitte, one of the largest accounting and audit firms in the world, have teamed up to launch the first ever Shanghai blockchain hackathon beginning on January 8th. “Our focus on how technology and going digital are changing […]
The Vice-Minister of Economy of the Republic of Lithuania has claimed the country has “serious intentions” to invest in technologies distributed ledger technology like the blockchain and cryptocurrencies such as Bitcoin. In quotes taken from The Baltic Review, an independent publication covering the Baltics, the Vice-Minister of Economy of the Republic of Lithuania has spoken […]
Bitcoin price has moved strongly on the first day of the new year, and the increased volatility may herald large price distances during 2016. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price […]
CoinDesk explores the importance of creating bitcoin products and services that will delight users globally and prove the technology’s worth in 2016.
Facing declining finances, criminal investigations of ex-board members and the ramifications of some poor management decisions, the Bitcoin Foundation has made some changes to its board and is considering a shift in mission to sustain its existence, according to Bloomberg. During the advocacy group’s Dec. 15, 2015 board meeting, Executive Director Bruce Fenton said additional […]
California-based information security expert and author of Mastering Bitcoin Andreas Antonopoulos presented a cryptocurrency-focused session called “Beyond Bitcoin, Unleashing the Blockchain” at Wired Money 2015, an annual conference hosted by American magazine Wired and Spanish Banking Group BBVA. The purpose of Antonopoulos’ talk was to explicate the limitation of first-tier Bitcoin startups, and its misguided […]
Financial experts predict Canada to follow the trails of many leading economies such as Sweden and Denmark to eradicate cash in the future. According to recent data published by payment processing and financial firm Moneris, nearly 77% of individuals who participated in a nationwide survey preferred to settle payments and purchases using credit cards, debit […]
Bitcoin has dramatically ended 2015 as the best performing currency of the year, surpassing the growth rate and value of both emerging and dominant currencies including pound sterling, Japanese yen, Chinese Yuan and the US Dollar. Similar to its success in 2010, 2011, 2012 and 2013, bitcoin has recorded a staggering 26.23% yearly increase, overtaking […]