On October 24, 2019, President Xi Jinping gave a major speech about how China is going to make blockchain technology a national priority. He said China would “take the leading position in the emerging field of blockchain” and explore its use “in people’s daily life.” China’s most-watched daily news show covered the speech in primetime,…
Bitbuy, a Canadian cryptocurrency trading platform, has teamed up with the cryptocurrency lender Cred to offer Canadians up to 10 percent annual interest on their bitcoin holdings. The offering has been launched on a subdomain of Cred’s website. According to a press release issued by the partners on November 4, 2019, a fully developed integration…
In the video above, Bitcoin Magazine reviewed Coinkite’s Coldcard Mk3 bitcoin hardware wallet, evaluating it with a handful of important criteria, including coin control, UTXO selection, Lightning support and more. Appearance and Feel As the second version of Coinkite’s hardware wallet, the Mk3 feels almost identical to the earlier model. It features the same full-sized…
Most of what you’ll read about bitcoin mining will be about mining operations in China and North America, but there is a small, growing sector of active mining operations in parts of the world that you don’t often hear about, in countries like Norway, Russia, Venezuela and Paraguay. As China Goes, So Goes Bitcoin Mining?…
Bitcoin Magazine‘s Week in Review brings you the most critical, interesting and popular news stories affecting Bitcoin this week. When many people think of Bitcoin, they think of the dark web platform Silk Road — one of the world’s notorious digital marketplaces upon which vendors sold illegal products in exchange for BTC. But bitcoin might…
menu Bitcoin Schmitcoin Aerospace engineer turned crypto-market analyst. Bitcoin Schmitcoin became popular within the subculture of the Reddit communities and now posts his daily thoughts and market outlook via Twitter and his regular stream on Twitch.tv.Bitcoin Schmitcoin on Twitch.tvBitcoin Schmitcoin: YouTube November 1, 2019 Investing Bitcoin News > Articles > Bitcoin Price Analysis: Market Is…
Early in the day on November 1, 2019, cryptocurrency exchange BitMEX sent a mass email to a large swath of its user base and included their email addresses in the “To” field, thereby compromising their privacy. A screenshot of the email shared on Twitter showed dozens of email addresses visible in an email from BitMEX.…
People will always need banking but now, more than ever, we’re beginning to see that people don’t necessarily need banks. Emerging apps such as Pei offer consumers opportunities to grow their finances without relying on credit card companies. In this episode of the Bitcoin Magazine Podcast, Dave Hollerith interviews Tom Bachar, co-founder and CEO of…
German entrepreneur and Bitcoin enthusiast Vitus Zeller began his Team Satoshi athletic initiative in January 2019. By virtue of the #TeamSatoshi hashtag (now popular among Bitcoin sports enthusiasts), a worldwide torch is passed on Twitter between marathon runners who embrace and promote the values of sound money. In this exclusive Bitcoin Magazine interview, held on…
International economic sanctions have propelled many countries toward cryptocurrencies — from Venezuela to Iran. Now, U.S. sanctions imposed on one Russian company have paved the way for a cryptocurrency mining operation to take over a decidedly industrial facility. Rusal Turns to Cryptocurrency Mining in Face of Sanctions One such establishment is Rusal, an aluminum giant…