Sure, bitcoin is a store of value and a hedge against global debt and inflation. But what is it actually like for a merchant to transact with it day to day — to pay taxes, to cover exchange rates and properly manage multiple wallets? Today’s guest is Denet Lewis, owner of Beans N Barbells, who…
Bitcoin payment service and Lightning technology company OpenNode has entered into a partnership with the Blockchain Education Network (BEN) in an effort to encourage Lightning Network education and adoption. “OpenNode has plans to curate a curriculum that will empower any student interested in building on the Bitcoin blockchain with the Lightning Network,” OpenNode CEO Afnan…
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…
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…
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…
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)…
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…