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 […]

Gide Principals Arika Pierce and Liz Conway Discuss Regulation of Digital Currency at the Cryptolina Bitcoin Expo

August 17, 2015 – Gide Principals Arika Pierce and Liz Conway spoke on the state and federal regulatory activity of digital currency at the Second Annual Cryptolina Bitcoin Expo in Charlotte, North Carolina on August 15th. Arika Pierce spoke on a panel moderated by Perianne Boring of the Chamber of Digital Commerce entitled Bitcoin & State […]

FinCEN Tightens Its Noose Around Precious Metal Traders Using The Block Chain

As financial service firms expand their use of the bitcoin block chain for trading and business activity, the Financial Crimes Enforcement Network (FinCEN) isn’t missing a beat. FinCEN, an enforcement arm of the U.S. Department of Treasury, has ruled that companies using the bitcoin block chain to transfer precious metals are considered money transmitters and […]

South Africa welcomes Bitcoin academy

A dedicated academy that will teach the willing students about Bitcoin has opened up at the Bandwidth Barn in Woodstock, Cape Town. This academy that will focus on the courses related to Bitcoin and blockchain development has been founded by Sonya Kuhnel who is also the founder of Bitcoin Payments and Bitcoin Events. The Bitcoin […]