Closing the Curtains On Segwit2x and the Following Aftermath
In less than eight days Bitcoin network market participants were ready for the planned Segwit2x fork, canceled yesterday. Now cryptocurrency proponents everywhere are expressing opinions about the Segwit2x plan in general, and the working group’s decision to give up on forking the protocol. Also Read: Openbazaar Sees a Variety of New Vendors After Privacy Enhancements Segwit2x: […]
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Mike Belshe has published a blog post indicating that the planned Segwit2x hard fork will not be taking place. The markets have responded dramatically, with the price quickly setting a new all-time high of approximately $7900 USD. Also Read: Silk Road Secret Service Agent Sentenced for Laundering Money While Prosecuting Ross Ulbricht It Has Been Revealed […]
Run-ups of the kind bitcoin is having in price and valuation make fertile ground for scams. Scams are valuable and very teachable moments. Skin in the game, by having plunked hard-earned cash down to see a return on investment, means vigilance and due diligence are musts. Also read: GAW/Paycoin CEO Josh Garza Held Liable for […]
If you’re new to Bitcoin, welcome. We’re a community of people from every part of the world, from as many walks of life as you can imagine, exploring the future of money. Let’s skip the philosophy and technical jargon, and just get you started using it. Also read: Bitcoin.com Getting Started Page Bitcoin, Like Anything […]
This week bitcoin proponents have been talking about the bitcoin gold fork scheduled for October 25. With just a few days away, bitcoin exchanges and service providers have been detailing their contingency plans on how to best deal with the upcoming distribution of split tokens. Also Read: Bitcoin Cash Community Preps Hard Fork Slated for November […]
This week two more exchanges revealed their plans for the upcoming Segwit2x fork this November. The London-based exchange CEX.io explains that whether the company supports the split or not customers will receive split tokens if the fork takes place. Further, the Indian exchange Unocoin has revealed it will be supporting the chain with the most […]
Russia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read: Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting […]
The founder of Wikileaks, Julian Assange, has posted a tweet thanking United States government officials and the financial institutions that refused services to Wikileaks for driving them to invest in bitcoin during 2010. Assange’s tweet indicates that Wikileaks’ bitcoin holdings have seen gains of over 50,000%. Also Read: Your Bitcoins Open to CIA and Criminals, Heed […]
Russia’s regulators have revealed how they plan to find and tax cryptocurrency miners as well as license them. This follows their meeting with Russia’s President Vladimir Putin. At the meeting, they agreed to regulate cryptocurrency mining, alongside cryptocurrencies themselves including bitcoin. Last week, the finance ministry proposed creating a registry of crypto miners. Also read: Research […]
The company behind the ad blocking program Adguard has analyzed the most popular 100,000 websites for cryptocurrency mining scripts. They found that over 500 million people have been mining cryptocurrencies and “they have no idea it is happening.” Each website running the script earns an estimated $43,000 within the three-week period studied. Also read: Putin Confirms […]