Segregated Witness has locked-in and the Segwit2x working group has announced its roadmap for the next three months. The team of developers have detailed they are going forward with the 2MB block size increase that miners and businesses agreed upon at the New York Agreement. Also read: Gold Bug Peter Schiff Says ‘Cryptocurrency Market Signals […]
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As the entire community has been laser-focused on the recent hard fork and Bitcoin network split, many people have forgotten about the Segwit2x plan. Miners who participated in the ‘New York Agreement’ (NYA) have kept their promise and Segregated Witness will lock-in on the network in roughly two weeks. Also read: Gwyneth Paltrow Joins Bitcoin Wallet […]
The post Segwit2x and the Tale of Three Bitcoins appeared first on Bitcoin News.
The start of the Bitcoin ABC (Bitcoin Cash) chain split has begun as the divide was initiated on August 1 at 12:37 p.m. UTC at block height 478558. UPDATE (18:45 GMT): Two blocks have been mined on the new Bitcoin Cash blockchain. Also read: Indian Bitcoin Hotspot Bangalore Sees 50+ Merchants Added This Month Bitcoin Cash […]
The post Fork Watch: Block 478558 Initiates ‘Bitcoin Cash’ Split – First Blocks Now Mined appeared first on Bitcoin News.
There are two cardinal rules bitcoin holders should follow to prepare for the bitcoin hard fork. These rules will help users protect their bitcoin and gain access to bitcoin cash after the fork resolves. Also read: Fork Watch: Korean Bitcoin Exchanges Divided on ‘Bitcoin Cash’ Bitcoin.com has had a lot of people inquire about how to […]
The post Hard Forking For Dummies: 2 Simple Rules to Access Your Bitcoin Cash appeared first on Bitcoin News.
Just recently there was a small ransomware outburst called “Peyta” that attacked various computers around the world. The creators of Peyta didn’t make as much money as the Wannacry extortionists had made a few weeks earlier, as Petya only raked in around $8,000 worth of BTC. However, the money the hackers accumulated has moved and following […]
The post Following Money Through the Bitcoin Laundry Is Not So Easy appeared first on Bitcoin News.
Coindash is a blockchain company that helps investors manage investments and hedge those investments against other traders. This morning the startup’s token sale was hacked and 7 million dollars’ worth of ether were promptly stolen. The company left a warning on its token funding page advising investors to cease sending funds. Also read: Alphabay Phisher Makes $1 Million in
The post How Hackers Stole $7 Million in Ether From Coindash ICO appeared first on Bitcoin News.
Bitcoin mining has grown into a vast economy over the past few years as large ASIC-powered mining farms process transactions for the $32 billion dollar market. In the early days, people could mine bitcoins using their central processing units (CPU) and they still can, but the undertaking is extremely inefficient. However, a few people still
The post Mining Bitcoin Using Old Computers and Retro Gaming Consoles appeared first on Bitcoin News.
This past week Bitcoin.com reported on the Alphabay darknet marketplace going offline while many speculated an exit scam. It’s been close to a week now with no signs of the underground market coming back online, which could lead to a severe loss of bitcoin for those holding money there. Also read: Protestors Will Watch Mt Gox
The post Alphabay Offline for a Week — Darknet Users Rush to Find Alternatives appeared first on Bitcoin News.
There are multiple ways people can store bitcoins offline, using either a paper wallet or hardware options from companies like Trezor, Opendime, Ledger, and Keepkey. However, bitcoin users can also create a bitcoin wallet on a far cheaper USB thumb drive as well to store coins offline. Also Read: How Much Does it Cost to
The post Creating a Bitcoin Bank in Less Than Thirty Minutes With a $2 USB Drive appeared first on Bitcoin News.
In less than four weeks the Bitcoin network has many events on the horizon, and numerous things could happen during the weeks following. Also read: A Look at the Bitcoin Apps Being Built Using the Lightning Network The Fear of a Chain Split Right now over the course of the next 3-4 months, there are many plans
The post The Blockchain Split Scenario: Staying Informed and Backing Up Bitcoin Keys appeared first on Bitcoin News.
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