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…
It’s a sign of the times that Alex Tapscott, co-author of Blockchain Revolution and co-founder of the Blockchain Research Institute (BRI), best known for his expertise on blockchain technology, has switched his focus from blockchain technology at large to cryptocurrencies, particularly bitcoin. Tapscott is co-authoring a new report from BRI to be published in fall…
On August 13, 2019, news broke that the U.S. Securities and Exchange Commission (SEC) has put three bitcoin exchange traded funds (ETFs) on the regulatory backburner. The SEC has delayed decisions on filings by VanEck/SolidX, Bitwise Asset Management and Wilshire Phoenix until October 18, October 13 and September 29 of this year, respectively. On these…
Cryptocurrency payment facilitator BitPay has announced a range of product upgrades to improve service delivery to customers, according to a blog post. And the roster of changes includes tightened security measures. BitPay’s Service Upgrades First on Bitpay’s list of upgrades is the introduction of the BitPay Dashboard, a feature which will provide a much more…
Digital security company CipherTrace has published its second “Cryptocurrency Anti-Money Laundering Report” for the fiscal year 2019, taking an in-depth look at the schemes that have wracked the industry this quarter. The report claims that the total revenue acquired by scammers and frauds in the crypto space has reached $4.3 billion in 2019 to date,…
Cryptocurrency exchange Poloniex is moving forward with compensation for lenders who lost funds in a May 2019 “flash crash.” The crash of digital token CLAM, which fell by almost 80 percent within an hour, triggered the failure of safety measures in Poloniex’s automated liquidation system and wiped 1,800 BTC (about $13 million at the time)…
The bitcoin market has gone parabolic as we blasted off through two major weekly levels. We are currently testing the $8,000 level and we might see a strong round of selling hit the market that could potentially pull us down to retest the mid-$6,000s. If we manage to crack the overhanging resistance and find support,…
In a world of Bitcoin-powered businesses, where the technology’s cypherpunk roots seem to fade over time, Hodl Hodl is making extensive efforts to popularize the noncustodial and privacy-friendly exchange model. Just a couple of weeks after BitPay announced identity and location verification for refunds and payments larger than $1,000 and $3,000 respectively, for instance, Hodl…
It was a sunny morning in 2016 when Yuval Roash discovered that his business was in jeopardy. He hadn’t even had his morning cup of coffee before the postman came knocking with an urgent letter. The young entrepreneur’s cryptocurrency exchange, Bits Of Gold, was facing an ultimatum from Leumi, its primary bank: Stop conducting business…
The G20 Summit held in June 2019 gave birth to a litany of questions and concerns. Chief among these is the issuance of new Financial Action Task Force (FATF) regulations, and what they mean for the future of cryptocurrency. While the regulations are not binding, each member country must determine how to become fully compliant.…