Guix Makes Bitcoin Core Development More Trustless

Back in 2016, Bitcoin development became a model for the entire open-source community with the integration of Gitian building — a “computer within a computer” framework that let developers verify binary computer files in a more transparent way. But with the recent merging of Guix, which supports deterministic and bootstrappable Bitcoin Core builds, work on…

Cryptocurrency Miner Maker Coinmine Raises $2.5 Million

Coinmine, Inc., the creator of the Coinmine One cryptocurrency mining device, has raised $2.5 million in a funding round led by Los Angeles-based M13 Ventures with participation from Republic Labs, Gumi Crypto, Canaan Beta and early Uber investor Shervin Pishevar, the company’s CEO and co-founder, Farbood Nivi, told Bitcoin Magazine. The new funding round brings…

Barclays Ends Banking Relationship With Coinbase

Barclays Bank, one of the largest banking institutions in the world, will no longer be providing banking services to Coinbase UK. CoinDesk first reported the details of the split, adding that the exchange has signed up with a replacement banking partner known as ClearBank. Coinbase started banking with Barclays in 2018, in a deal which…

UN Investigating North Korea’s Crypto Crimes

Following an August 5, 2019, report on North Korea’s cryptocurrency exchange hacks, the United Nations (UN) has decided to probe 35 cyber-attack cases linked to Pyongyang across 17 countries. South Korea: The First Victim According to the Associated Press, North Korean agents have gotten better at attacking their closest neighbor, South Korea. Of all of…

Trade Association Proposes Code of Practice for Singapore Cryptocurrency Industry

The Association of Cryptocurrency Enterprises and Startups, Singapore (ACCESS) has released a draft version of an industry code of practice targeted at cryptocurrency participants operating in Singapore, including exchange operators, payment and remittance services firms, cryptocurrency custodians and blockchain network infrastructure service providers. The code of practice aims to set out standards of good practice…