Bitcoin (BTC), the world s largest and most widely used cryptocurrency, has only been around for a handful of years - since 2009. 2016 proved to be a good year for the digital currency, more than doubling over the course of the year from around $400 to just under $1, . Some analysts predict that 2017 will be another banner year, while others are more skeptical…
Editors Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks. I m a big fan of Bitcoin … Regulation of money supply needs to be depoliticized. -Al Gore, Former US Vice President and Winner of Nobel Peace Prize Do you believe in the Bitcoin…
If you typically follow GPU performance as it related to gaming but have become curious about Bitcoin mining, you’ve probably noticed and been surprised by the fact that AMD GPUs are the uncontested performance leaders in the market. This is in stark contrast to the PC graphics business, where AMD’s HD 7 series has been playing a defensive game against Nvidia’s…
By Ashish Gadnis and Kelly Cronen Human traffickers prey on those who do not have access to viable economic opportunities or the means to pursue a better future. Exclusion from social opportunities and protections creates a cloak of invisibility for those who are forced into mining blood diamonds in Democratic Republic of the Congo, toiling in garment sweat shops…
Instant Exchange allows you to send bitcoin and pay for it with your local currency from the same page. You can also receive bitcoin and Coinbase will execute an instant sell in the background. The sell will credit funds to your local currency wallet. Instant Exchange is a great tool for people who want to use bitcoin but prefer to cash out immediately to fiat…
Exmo.Com is an online exchange that supports a variety of virtual currencies, such as bitcoin, Litecoin, Dogecoin, Namecoin and Vertcoin. Users can exchange one digital currency for another and they can sell a cryptocurrency for USD, the site will transfer the fiat currency to their PayPal accounts. Paypal is the most popular online payment system. You can use…
The class-action suit is seeking damages and demanding a trial by jury for the ESEA. Earlier this month, a major scandal tarnished the ESEA s otherwise good reputation when it was revealed that admins had installed Bitcoin mining malware unknowingly onto player s computers. I won t bore you with the details of Bitcoin mining (which is quite interesting, actually)…
Before you can buy any coins you must create a “wallet” to store them. This is essentially a computer file which holds digital money. You can do this by installing the, the software which powers the currency. But be warned: if your computer is hit by hackers or a virus, or you simply misplace your files, you may lose your bitcoins. The data on your computer is…
A top Wells Fargo techie in charge of engineering its bleeding-edge banking platform is leaving for rival IBM by the end of the month, The Post has learned. Jesse Lund, who leads the bank’s Technology Group Innovation Lab based in Irvine, Calif., is leaving on Jan. 31, Ann Wasik, a bank spokeswoman, confirmed to The Post. Losing Lund — one of the people heading…
Community of Entrepreneurs Bitcoin has a higher concentration of entrepreneurs than any other community. Reimagining money is important to us, so it’s natural for digital currency enthusiasts to share entrepreneurial spirit. It’s no surprise that Bitcoiners have built profitable businesses on Purse. The idea is straightforward: arbitrage the Purse discount. Step…
When accepting blockchain payments through Coinify we have seen a 3% increase in margins. Furthermore we have had zero chargebacks from our hundreds of digital currency customers. It is a pleasure working with Coinify and their payment solution is very easy to use. Secure Payments for Payment Providers We are very happy about using Coinify blockchain payments…
UPD: Campaign is ended. No wallets are left. Bitcoin ATM is one of the easiest ways to acquire bitcoins. However, after you have bitcoins in your wallet – now it matters to keep them safe. At the moment, the most reliable way to store bitcoins is using a hardware wallet. We’ve already written a post in our blog about how to buy bitcoins from ATM directly into…
Modern fiat currencies depend for their value on confidence in the laws of the states that issue them. Some nations, like the United States with its established central bank, inspire substantial confidence relative to nations that may debase for their currency for political objectives. But no nation can absolutely insulate its currency from political manipulation…
The onslaught of DDoS attacks targeting bitcoin websites around the world isn’t showing any signs of abating as an Indian bitcoin exchange came under attack today. Indian bitcoin exchange Coinsecure saw a spike in traffic this Monday morning local time. The number of connections attempting to reach the website was enough to disrupt exchange activity. Operational…
One of the first questions that anyone interested in mining cryptocurrencies faces is whether to mine solo or join a pool . There are a multitude of reasons both for and against mining pools. However, if the hash rate distribution across the bitcoin network is anything to go by (and it is) then most miners are opting to join a pool. Here’s what you need to know…
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When academics and journalists need information about the bitcoin ecosystem, they turn to our interactive charts. And they’re not alone; our charts have been a trusted, helpful research tool for millions across the globe. Today we’re highlighting 3 charts and sharing details about a recent update that allows you to better export and embed our charts. But first…
In November 2008, a paper was posted on the internet under the name Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System. The paper is only nine pages long. If you remove the diagrams throughout and references on the last page, it would probably come in at around five and a half pages. Abstract A purely peer-to-peer version of electronic cash…
Investors Tyler and Cameron Winklevoss are another step closer to offering the first Securities and Exchange Commission (SEC) regulated bitcoin investment product following a request for comment published Friday. Last month, BATS proposed a rule change that would result in the listing and trading of the Winklevoss Bitcoin Shares issued by the Winklevoss Bitcoin…
U.S. District Judge Alison Nathan in Manhattan rejected a bid by Anthony Murgio to dismiss two charges related to his alleged operation of Coin.mx, which prosecutors have called an unlicensed bitcoin exchange. Murgio had argued that bitcoin did not qualify as funds under the federal law prohibiting the operation of unlicensed money transmitting businesses…
Bitcoin exchanges allow you to buy or sell bitcoins, the ask price is the lowest price a seller is willing to accept for their bitcoin. The bid price is the highest price a buyer is willing to pay for your bitcoin, you can click the bid price column heading to re-order the bitcoin exchanges by bid price. Spread is the difference between the ask and bid prices…
We are working hard to bring back GBP wires as soon as possible. Currently, the only way to transfer funds to your Coinbase account would be to use SEPA or to purchase using a 3D Secure enabled credit or debit card. Prior to sending funds, you will need to look into your bank s policies on exchanging for EUR as well as any other fees they may apply for this service…
Many digital currencies face the problem of double-spending: the risk that a person could concurrently send a single unit of currency to two different sources. This moral hazard arises due to the trivial reproducibility of digital information, and the information asymmetry that can result from this. Double-spending occurs when an agent can easily conceal or misrepresent…
The latest plunge in Bitcoin has been triggered by worries around China and the Chinese government, both of which hold a stake in Bitcoin. It is no secret that the government in the People’s Republic would like to halt the meltdown in the Renminbi. As Bloomberg reported: “China’s foreign reserves fell to a five-year low of $3.05 trillion as of November as the…
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They say the best disinfectant is sunlight and the People s Bank of China just opened the shades on bitcoin. According to multiple news reports, the PBoC will conduct ongoing examinations of bitcoin exchanges - this has caused the price of bitcoin to crash 14 percent on Wednesday after a 22 percent drop earlier in January. Interestingly, despite bitcoin s low…
Cyren has discovered an outbreak of malware which is stealing passwords as well as Bitcoin from crypto-currency wallets on PCs. This versatile keylogger malware is being delivered as an attachment to phony bank transfer emails, which inform the recipient that they have received a deposit. The emails are originating primarily from bots in the U.S. and Singapore…
