Segwit2x and the Tale of Three Bitcoins
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 […]
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Bitcoin remittance service Sobit has been launched to enable users to charge their prepaid mobile SIM cards using bitcoin. The service supports over 600 operators in 136 countries. Also read: Rollout of 260,000+ Bitcoin-Accepting Stores in Japan Begins About Sobit Sobit was jointly developed by Japan’s leading reward site operator Ceres Inc and the Tokyo-based bitcoin […]
Several major cryptocurrency exchanges experienced a number of difficulties during the highly anticipated bitcoin cash distribution that took place yesterday. From 12:20 UTC onward, customers of Kraken and Bittrex experienced several interruptions to login functionality, whilst Bitfinex reported that traders had attempted to manipulate its bitcoin cash distribution coefficient. Also Read: Fork Watch: Japanese Exchanges Embracing […]
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 […]
In a few days the notorious August 1st is approaching, and it’s likely this day will be remembered for a long time. This week Bitcoin.com discussed the possible scenario of a user activated hard fork called “Bitcoin Cash” as much of the community doesn’t realize this fork will likely still happen despite Segwit2x’s current progress. […]
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
A deep web hacker operating under the pseudonym of ‘Phishkingz’ has recently claimed to have generated over $1 million from phishing Alphabay accounts during the last 14 months. In a recent interview with Deepdotweb, Phishkingz details the methods that he uses when stealing bitcoins. Also Read: Law Enforcement Takes Down the Biggest Darknet Market on the
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
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
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