Banks, financial service providers, venture capitalists, and even governments, are showing more and more interest in blockchain technology. Venture capital money is flowing into blockchain companies, banks, credit card companies are experimenting with blockchain-related pilot projects, and public administrations are taking a more active role not only in regulating blockchain-based services, but also in stimulating […]
The block-size limit dispute, at its heart, represents a trade-off between efficiency and security. Bigger blocks allow for more transactions on the Bitcoin network but could reduce mining power utilization and lead to centralization. Engulfed in sometimes heated debates, several developers have submitted proposals to strike a right balance between the two and reach community […]
The price of bitcoin on the CoinDesk USD Bitcoin Price Index fell more than 10% today to reach a seven-day low of $335.14.
CEX.IO opened its doors back in 2013 as the first cloud mining provider. Since then, the U.K. based company, became a multi-functional virtual currency exchange, used by over 450,000 users. From the beginning, the company has been spreading knowledge about digital currencies and helping to grow the community while making bitcoin accessible for everyone. Stability has […]
World’s First Bitcoin Bank NextBank Receives 950 000 USD Investment And Opens For Early Registrations
Bitcoin Press Release: The world’s first truly international Bitcoin bank NextBank is preparing to launch during 2016 after successfully raising 950 000 USD seed investment capital. NextBank is now taking early registrations. The first Bitcoin and cryptocurrency friendly bank NextBank announced their upcoming launch in October stating that “their mission is to provide advanced banking […]
Blockchain technology is set to disrupt existing financial business models within the next five to 10 years, according to a new report.
I was having a chat with one of my friends, to whom I have introduced bitcoin lately, and he said “Bitcoin has a limited number of coins, so it can’t grow to be one of the world’s top currencies”, I answered him that Nakomoto designed bitcoin so that it has 100,000,000 units, which he named […]
Overstock spent $3.2m on its Medici blockchain securities initiative in Q3, according to the online retail firm’s latest quarterly results.
Earlier this month, bitcoin had one of its best weeks since August 2014, as the price of bitcoin peaked US$500 in international exchanges, including OKCoin, BTCC, BitFinex and Bitstamp. However, bitcoin price immediately began to plummet, falling back down to US$356 at today’s low, recording a nearly 30% decline since its peak on November 5. […]
According to the NSA, it will report zero-day security vulnerabilities to software vendors “9 out of 10 times.” The other 10% of the time, it won’t say what it does with them, but it does say there are times when the military and national security benefits outweigh the benefit to disclosing vulnerabilities to vendors. The […]