Bitcoin


Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Bitcoin Wallet Blockchain To Give Away $125m Of Cryptocurrency To Encourage Mass Adoption

Bitcoin wallet Blockchain to give away $125m of cryptocurrency to encourage mass adoptionAnthony Cuthbertson / The Independent - 10 months ago
  • The world's most popular bitcoin wallet is giving away $125 million worth of the cryptocurrency Stellar as part of a major initiative to encourage its use as a mainstream form of payment.
  • Blockchain, which is named after the technology that powers bitcoin, will give $25 of Stellar lumens (XLM) to its 30 million users starting this week, making it the largest cryptocurrency giveaway in history.
  • The reason for giving away stellar rather than other popular cryptocurrencies like bitcoin or ethereum, Blockchain explained in a blog post, is because its network is well suited to large-scale usage.
  • 1/8 Satoshi Nakamoto creates the first bitcoin block in 2009

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Hackers Hijack Statcounter Code In An Attempt To Steal Bitcoin

Hackers hijack Statcounter code in an attempt to steal bitcoinDuncan Riley / SiliconANGLE - 10 months ago
  • Statcounter, established in 1999, offers a visitor tracking service which involves users installing Javascript code on their websites to track visitors.
  • According to researchers at Eset spol s.r.o,  those behind the attack modified the script at www.statcounter[.]com/counter/counter.js by adding a piece of malicious code in the middle of the script.
  • In a strange twist, while having malicious code inserted is never a good thing, the code itself only targets users of a cryptocurrency site called Gate.io and hijacks cryptocurrency wallets with the intent of stealing bitcoin.
  • “Even if we do not know how many bitcoins have been stolen during this attack, it shows how far attackers go to target one specific website, in particular a cryptocurrency exchange,” the researchers note.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Winklevoss Twins Claim Famed Crypto Evangelist Stole 5,000 Bitcoins From Them

Winklevoss twins claim famed crypto evangelist stole 5,000 bitcoins from themCyrus Farivar / Ars Technica - 10 months ago
  • Two of the world's most famous bitcoin investors, the Winklevoss twins, have now sued a longtime figure in the world of bitcoin, Charlie Shrem.
  • Shrem was released from prison in 2016 after he was convicted for aiding and abetting an unlicensed money-transfer business—sending $1 million in bitcoins that ended up on the notorious drug website, Silk Road.
  • According to the new lawsuit—which was filed in federal court in Manhattan in September 2018 and only recently unsealed—Winklevoss Capital Fund (WCF) hired Shrem in late 2012 to purchase bitcoins on its behalf.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Bitcoin Turns 10 Years Old, Hasn’t Grown Up Yet

Bitcoin turns 10 years old, hasn’t grown up yetTrond Vidar Bjorøy / VentureBeat - 10 months ago
  • In her 2008 white paper, Satoshi Nakamoto described Bitcoin as electronic cash.
  • Aside from the energy consumption involved, this throughput limitation is the biggest source of criticism against Bitcoin.
  • As a consequence of its scaling trouble, Bitcoin’s main role up until now has been as a strong first base layer for settlement, not throughput.
  • For now, Visa and Bitcoin serve very different purposes, and looking at average transaction values — currently $3,000 for Bitcoin and $81 for Visa — is comparing apples and oranges.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Bitcoin Price Prediction: Cryptocurrency Market Explosion Will See ‘5,000 Per Cent Gains’ Over Next Decade

Bitcoin price prediction: Cryptocurrency market explosion will see ‘5,000 per cent gains’ over next decadeAnthony Cuthbertson / The Independent - 10 months ago
  • Bitcoin is set to celebrate its 10th birthday this week, with 31 October marking 10 years since the publication of a paper describing an "electronic cash system."
  • Since that time, the price of bitcoin has yo-yoed from almost $20,000 to less than a cent.
  • The Independent spoke to cryptocurrency experts and analysts to hear their predictions for the coming weeks, months and years.
  • Since bitcoin's inception nearly a decade ago, more than 3,000 other cryptocurrencies have emerged.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Canadian Cryptocurrency Exchange Closes In Possible Exit Scam

Canadian cryptocurrency exchange closes in possible exit scamDuncan Riley / SiliconANGLE - 10 months ago
  • A small Canadian cryptocurrency exchange has ceased trading after claiming to be hacked in what some are alleging was instead an “exit scam.”
  • The exchange, called MapleChange, launched in May with 110 trading pairs and 62 cryptocurrencies, including bitcoin, Ethereum and Litecoin.
  • According to numbers from Coingecko, the exchange never had huge volumes, with its highest day coming in at $67,000.
  • Details of the hack along with the company itself, which was controversial from day one, are slim.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Dev Sends Bitcoin Without Using The Web Or The Power Grid

Dev sends Bitcoin without using the web or the power grid Matthew Beedham / The Next Web - 10 months ago
  • One day we might all be able to send Bitcoin BTC from literally anywhere in the world, with no electricity and no internet connection.
  • Off-grid cryptocurrency transactions seem to be becoming an achievable possibility as yet another developer has managed to send Bitcoin without a data connection, using low-cost consumer grade hardware.
  • An ingenious developer from New Zealand managed to send the transaction over 12 km away using four goTennas and a $30 Android smartphone.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Fidelity Launches Digital Asset Custody And Trading Service For Institutional Investors

Fidelity launches digital asset custody and trading service for institutional investorsDuncan Riley / SiliconANGLE - 10 months ago
  • Called Fidelity Digital Asset Services, the new service will offer institutional custody and trade execution services for digital assets.
  • The custody service is claimed to be secure, compliant and an “institutional-grade omnibus storage solution” for bitcoin, Ethereum and other digital assets with vaulted cold storage and multilevel physical and cybercontrols for added security.
  • While not saying which exchanges it will work with, Fidelity said its trade platform leverages a proven internal crossing engine and smart order router for execution of digital assets at multiple market venues.
  • “Our goal is to make digitally native assets, such as bitcoin, more accessible to investors,” Fidelity Chief Executive Officer Abigail P.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Coinbase Now Lets You Buy And Sell ZRX

Coinbase now lets you buy and sell ZRXTaylor Hatmaker / TechCrunch - 10 months ago
  • Coinbase’s newest asset is live.
  • The addition doesn’t come as a surprise. Last week, Coinbase added ZRX to Coinbase Pro, the so-called “evolution of GDAX,” Coinbase’s more feature-rich trading platform. Coinbase also previously signaled its intentions to “explore” the addition of a number of new cryptocurrencies including 0x (ZRX), Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM) and Zcash (ZEC).
  • By showing its hand well in advance and being more transparent about its regulatory hurdles, the platform will hopefully avoid another debacle like the volatile launch of Bitcoin Cash last December, which prompted an insider trading investigation.
  • “One of the most common requests we hear from customers is to be able to trade more assets on Coinbase,” Coinbase said in a blog post.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Bitcoin, Other Cryptocurrencies Jump As Dollar-pegged Tether Falls

Bitcoin, other cryptocurrencies jump as dollar-pegged tether fallsRyan Browne / CNBC - 10 months ago
  • Major digital currencies edged higher on Monday as tether, a controversial token designed to be pegged to the U.S. dollar, fell more than 2 percent.
  • The price of bitcoin, ether and XRP — collectively the three biggest cryptocurrencies by market value — rose by around 7 percent higher, according to data from industry website CoinMarketCap.
  • The rise in virtual currency prices follows a sharp downturn last week, where the market shed billions of dollars in market capitalization, in tandem with a two-day sell-off in global stock markets.
  • Tether, a token that its creators claim is 100 percent backed by fiat currency reserves, was seen trading 2.5 percent lower at $0.965 Monday morning.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Bitcoin Price Rockets Above $7,700 On Bitfinex Exchange In Peculiar Surge

Bitcoin price rockets above $7,700 on Bitfinex exchange in peculiar surgeAnthony Cuthbertson / The Independent - 10 months ago
  • The price of bitcoin has experienced dramatic gains on a major cryptocurrency exchange, rising by more than $1,500 on Bitfinex in the space of just a few hours.
  • The sudden surge from $6,294 to $7,788 represented a 24 per cent rise in value, though it was not reflected across other popular bitcoin exchanges.
  • Such a large price rise is instead being attributed to the exchange's use of tether – a cryptocurrency whose creators claim is pegged to the price of the US dollar on a 1:1 ratio.
  • On Bitfinex, traders are required to buy and sell cryptocurrencies like bitcoin and ethereum using tether, but over the weekend the so-called 'stablecoin' dropped in value to $0.97.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Cryptocurrencies Suffer $18 Billion Drop In Value Over Three Days

Cryptocurrencies suffer $18 billion drop in value over three days CNBC - 10 months ago
  • Those who have billed bitcoin as a store of value, or "digital gold," may have been especially disappointed by its performance this week.
  • Joe DiPasquale, CEO of cryptocurrency fund of hedge funds BitBull Capital, said the uncertainty around stocks bled into cryptocurrency markets.
  • "When we saw equity markets crumble, there was some fear in the cryptocurrency market as well," he said.
  • Bitcoin has been hovering between $6,000 and $8,000 since the beginning of summer.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Someone Just Found A 10-year-old Bitcoin Easter Egg

Someone just found a 10-year-old Bitcoin easter egg David Canellis / The Next Web - 10 months ago
  • A keen-eyed cryptocurrency enthusiast has just discovered a neat ‘easter egg’ buried deep inside Bitcoin’s code, dating back to the birth of the blockchain.
  • We all know Satoshi Nakamoto referenced the Times headline – Chancellor on brink of second bailout for banks – but it appears it actually happened twice.
  • The easter egg is also included as a hexidecimalized version nestled in some code comments.
  • The headline is known to have become the mantra for those creating Bitcoin BTC.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Cryptocurrencies Plunge As Market Uncertainty Spreads To Digital Assets

Cryptocurrencies plunge as market uncertainty spreads to digital assetsDuncan Riley / SiliconANGLE - 10 months ago
  • Cryptocurrency prices plunged into Thursday as a plunge in the stock markets Wednesday spread to digital assets.
  • Bitcoin led the red ink, dropping by as much as 7 percent to trade at its lowest price since Aug.
  • The contagion spread across all leading cryptocurrencies, with Ether dropping 11.2 percent to $200.28, Ripple XRP down 11.5 percent to under 41 cents, Bitcoin Cash down 12.6 percent to $450.80 and Litecoin down 10.8 percent to $51.79.
  • The drop in cryptocurrencies alongside broader markets is notable given that crypto has often been pitched as an alternative “safe haven” to park money.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Twitter Caught Promoting Bogus Elon Musk Cryptocurrency Scam

Twitter caught promoting bogus Elon Musk cryptocurrency scam David Canellis / The Next Web - 10 months ago
  • Those pesky Tesla-themed cryptocurrency scammers are back!
  • For roughly 24 hours, the scammers were using the (hopefully) compromised account of TV celebrity chef Tyler Florence to share malicious links to obviously fake Bitcoin giveaways.
  • Note the little ‘Promoted’ watermark underneath the tweet, submitted to Hard Fork by an anonymous source.
  • It means hackers paid Twitter to share the cryptocurrency scams with as many users as possible – the audacity!

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Bitcoin Price Crash: Cryptocurrency Market In Meltdown As Value Suddenly Plunges

Bitcoin price crash: Cryptocurrency market in meltdown as value suddenly plungesAnthony Cuthbertson / The Independent - 10 months ago
  • Bitcoin, ethereum and other major cryptocurrencies have experienced a sudden drop in price, knocking billions of pounds off their value in the space of just a few minutes.
  • The shock collapse comes after a sustained period of relative stability for cryptocurrency markets, potentially triggered by a major stock market sell-off.
  • Bitcoin lost around 7 per cent of its value and is currently trading below $6,300 (£4,700).​ Ethereum, ripple and bitcoin cash were hit even harder by the downturn, falling by between 10 and 12 per cent on Thursday morning.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Nearly $13 Billion Wiped Off Cryptocurrency Market

Nearly $13 billion wiped off cryptocurrency market CNBC - 10 months ago
  • "Continued rapid growth of crypto assets could create new vulnerabilities in the international financial system," the International Monetary Fund said in a recent report.
  • Many cryptocurrency enthusiasts hoped 2018 would be a year that regulators warmed up to the idea of professionalizing the trading of digital assets through new financial products like exchange-traded funds.
  • At the same time, the year has been marked by high-profile hacks on cryptocurrency exchanges as well as a number of scams tied to people carrying out so-called initial coin offerings.
  • All of those factors have meant that bitcoin, XRP and ethereum have not recovered to the record highs seen toward the end of 2017 and beginning of this year.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Russian Government Hackers Mined Bitcoin To Fund Attacks On FIFA, Anti-doping Agencies

Russian government hackers mined bitcoin to fund attacks on FIFA, anti-doping agenciesJack Morse / Mashable - 11 months ago
  • A lengthy indictment from the Justice Department dropped today, accusing seven Russian intelligence officers of conspiring to hack anti-doping agencies around the world in retaliation for their efforts to expose Russian athletic doping.
  • "The pool of bitcoin generated from the GRU’s mining activity was used, for example, to pay a United States-based company to register the [phishing] domain wada-arna.org through a payment processing company located in the United States," reads the indictment.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

Report: Coinbase In Talks To Raise $500M On $8B Valuation

Report: Coinbase in talks to raise $500M on $8B valuationDuncan Riley / SiliconANGLE - 11 months ago
  • Coinbase Inc., the first cryptocurrency exchange to become a unicorn, is reported to be raising even more money on an $8 billion valuation.
  • Citing people familiar with the matter, Recode claimed Tuesday that the company is in talks with Tiger Global and existing shareholders for a round of up to $500 million.
  • Founded in 2012, Coinbase offers an online platform that allows merchants, consumers and traders to transact with bitcoin and other cryptocurrencies. It offers cryptocurrency wallets as well the ability to buy and sell cryptocurrencies.
  • The round, if it comes to fruition, follows capital raises of $10.5 million in July 2016 and $100 million in August 2017, the latter seeing Coinbase pass the unicorn valuation of $1 billion for the first time.

Warning: Use of undefined constant aligncenter - assumed 'aligncenter' (this will throw an Error in a future version of PHP) in /homepages/38/d196759099/htdocs/techbullets/wp-content/themes/Divi-Child/page-process-trends.php on line 96

72-year-old Fidelity Bets On The Future With Blockchain, Virtual Reality And AI

72-year-old Fidelity bets on the future with blockchain, virtual reality and AI CNBC - 11 months ago
  • Fidelity recognized the potential in blockchain before it became the corporate buzzword of 2018.
  • "A few plus years ago, myself and a few other senior executives here were just curious about what was going on, particularly with bitcoin," Johnson said.
  • The curiosity led them to start bitcoin "mining," at a location in New Hampshire when the crypto's price was around $180.
  • Flash forward to December of last year when bitcoin rose to almost $20,000, "behold — the price goes up and all the sudden we're making money, which was never the intent," Johnson said.