China’s Bitcoin Miners are Considering Relocating to Russia, the US, and Thailand

China’s Bitcoin Miners are Considering Relocating to Russia, the US, and Thailand

With rumors surrounding the possibility of a nationwide ban on bitcoin mining, Chinese bitcoin miners and mining pool operators have started to consider relocating to other regions with cheap electricity. In an interview with the South China Morning Po…

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Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

While bitcoin is often referred to as an anonymous online currency that is used by criminals on the dark web, the reality is that the P2P digital cash system does not offer much privacy to its users at all. Many blockchain analytics companies have popp…

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Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

While bitcoin is often referred to as an anonymous online currency that is used by criminals on the dark web, the reality is that the P2P digital cash system does not offer much privacy to its users at all. Many blockchain analytics companies have popp…

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CME CEO: Bitcoin Futures Could Launch in Mid-December

CME CEO: Bitcoin Futures Could Launch in Mid-December

CME Group chairman and CEO Terry Duffy has said that the planned bitcoin futures contract could launch by mid-December. At the end of October, Duffy revealed that the company had decided to introduce a bitcoin futures due to ‘increasing client interest…

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Satoshi Forest Gets Permit After 3+ Years, Why The Delay?

Satoshi Forest Gets Permit After 3+ Years, Why The Delay?

After more than three years, bitcoin’s most visible and arguably most successful charity has won its legal battle with Escambia County. The decision to issue a permit allows Sean’s Outpost to continue operating Satoshi Forest for the foreseeable future…

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How Bitcoin’s Lightning Network Can Be Used as a Decentralized Betting Platform

How Bitcoin’s Lightning Network Can Be Used as a Decentralized Betting Platform

One of the more interesting presentations at the Scaling Bitcoin workshop at Stanford University over the weekend was MIT Digital Currency Initiative Research Scientist Tadge Dryja’s talk on discreet log contracts. Through this type of smart-contractin…

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New York City Preschool Accepts Tuition Payments in Bitcoin & Ethereum, Rejects Credit Card

New York City Preschool Accepts Tuition Payments in Bitcoin & Ethereum, Rejects Credit Card

A New York City preschool has taken the step of offering parents the opportunity to make tuition payments with bitcoin and ethereum rather than accepting credit cards. In May, The Montessori Schools in Flatiron and Soho sent out an email to parents inf…

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Central Bank of Swaziland: It’s Not Wise to Dismiss Cryptocurrencies

Central Bank of Swaziland: It’s Not Wise to Dismiss Cryptocurrencies

The Central Bank of Swaziland (CBS) is exploring the use of cryptocurrencies in the country even though it remains cautious of them. Speaking at the recent Swaziland Economic Conference (SEC) 2017, Majozi Sithole, governor of CBS, said that despite the…

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Balaji Srinivisan: 21 Inc Rebrands to Earn.com, Not Shifting Away From Bitcoin

Balaji Srinivisan: 21 Inc Rebrands to Earn.com, Not Shifting Away From Bitcoin

Last week, 21 Inc, a Silicon Valley-based bitcoin startup which raised over $121 million in venture capital funding, officially rebranded to Earn.com, to focus on allowing users to monetize social media channels, accounts, and email addresses. But, man…

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Bitcoin Soars Past US$7,000 Mark

Bitcoin Soars Past US$7,000 Mark

Bitcoin has surpassed the US$7,000 mark, reaching a new all-time high of around US$7,350 on Bitstamp on Thursday. The digital currency is up by over 620% this year after starting 2017 near US$1,000. At current prices, the total market capitalization is…

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