Bitcoin’s Path to Adoption in India: Serving an Underbanked Population

Awareness for Bitcoin has been steadily increasing in India, as online e-commerce merchants and small businesses have begun to understand the benefits of bitcoin as an international currency and as billion dollar tech giants such as Microsoft, IBM and VISA have begun to sponsor Bitcoin- and blockchain-related conferences, hackathons and meetups throughout the country. India […]

While Other Companies Leave NY, Coinbase Submits BitLicense Application

While the BitLicense has caused many companies to leave New York, those that intend to stay are progressing though the regulatory process. This week, one of the world’s largest Bitcoin services and wallet providers Coinbase became the 25th company to file for a BitLicense, which is expected to cost more than $100,000 in legal and […]

CoinWallet Plans To ‘Stress Test’ Bitcoin To Make The Case For a Larger Block Size

CoinWallet, a London, U.K.-based bitcoin wallet, says it will conduct a stress test of the bitcoin network in early September that will render most bitcoin wallet software worthless and create a “nearly 30-day backlog,” according to the International Business Times. They plan to accomplish this by flooding bitcoin wallets with small amounts of bitcoin. CoinWallet’s […]

Bitcoin Advocates Take Square off Over California Virtual Currency Regulation

A proposed California law to regulate virtual currency has drawn mixed reactions from industry advocates, in stark contrast to the New York BitLicense that met united industry opposition. AB 1236 sponsored by Assemblyman Matt Dababneh requires virtual currency companies to be licensed. The measure passed the Assembly in June and awaits Senate action. The Electronic […]

Giant Dump of Ashley Madison’s Breached Data Now Online

A 9.69 GB data dump is now online and believed to contain troves of private and confidential information from millions of Ashley Madison users after the infamous data breach that made headlines in July’s breach of the popular infidelity-favoring dating website. The post Giant Dump of Ashley Madison’s Breached Data Now Online appeared first on […]