Monthly Archives: October 2018

Crypto Markets Placid on 10th Anniversary of Bitcoin Whitepaper

On the 10th anniversary of the Bitcoin white paper, markets are seeing stability: Bitcoin is trading sideways and other major coins see gentle growth of below 2 percent. Wednesday, Oct. 31: after a couple of days of mild losses, crypto markets have today stabilized, with most of the top twenty cryptocurrencies by market cap seeing slight fluctuations capped within a 2 percent range. Market visualization by Coin360 On the 10th anniversary of the publication of its white paper on Oct. 31, 2008, Bitcoin (BTC) is today up […]

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A Brief History of Bitcoin: 10 Years of Highs and Lows

Bitcoin was brought to life in Satoshi Nakamoto’s whitepaper 10 years ago and Cointelegraph takes a look at the whirlwind decade since its inception. October 31 marks the ten year anniversary of the release of the Bitcoin whitepaper, which was authored by Satoshi Nakamoto, and whose identity still remains a mystery. In this relatively short period of time, Bitcoin has challenged the way modern society looks at global finance and banking, and has been the catalyst for the birth of over a thousand different cryptocurrencies as well […]

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Wasabi Wallet 1.0 Is Here to Make Bitcoin Transactions More Private

Wasabi Wallet 1.0 went live today, October 31, 2018. The release, which Wasabi’s creator Ádám Ficsór humbly called “nothing revolutionary,” cleans up the software and makes it compatible with macOS. “The 1.0 release is a download and run that works properly on all platforms (Windows, Linux, OSX.) We made the wallet load time faster, caught some memory leaks, [and] rewrote the OSX backend of the UI library we used,” Ficsór told Bitcoin Magazine. A self-described “open-source, non-custodial, privacy-focused Bitcoin wallet,” Wasabi’s anonymity features center around ZeroLink, a […]

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Indian Official Suggests Ban on ‘Private Crypto’ Prior to Supreme Court Decision

India’s secretary of Economic Affairs has briefed financial officials on cryptocurrency regulation, mentioning “ban” on use of “private cryptocurrencies.” India’s secretary of Economic Affairs has recommended that the country’s Ministry of Finance to impose a ban on “private cryptocurrencies,” according to a report published by the Indian government press center Oct. 31. The Financial Stability and Development Council (FSDC), headed by India’s finance minister Arun Jaitley, held a meeting on the current economic and financial situation in India, attended by senior government and financial regulation officials. Shri […]

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Ten Years Ago Today, the Whitepaper Changed the Way We Look at Money

On Oct. 31, 2008, at 2:10 p.m. EDT, the creator of the Bitcoin network, Satoshi Nakamoto, announced the publication of the protocol’s whitepaper using a Vistomail email address. It’s now been 10 years to the day since Satoshi’s idea was first revealed to the world — an idea that unleashed the first pure peer-to-peer version of electronic cash. Also read: Coinbase Raises $300 Million, Reaching $8 Billion Valuation The Bitcoin Whitepaper: Eight Pages of Pure Innovation The Bitcoin whitepaper is an essential read for anyone who wants to understand […]

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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. Unfortunately, there are many misconceptions around energy use and why it’s required to safely and securely transact cryptocurrencies. During our ribbon-cutting ceremony in the City of Medicine Hat in September 2018, a reporter asked me how I felt about something “frivolous” like bitcoin using so much energy. I was taken aback by the question. […]

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Binance Freezes Funds With Suspected Money Laundering Links From Controversial Exchange WEX

Funds users of WEX.nz crypto exchange have flagged as being possibly laundered are now quarantined on Binance, CEO Changpeng Zhao confirms. Troubled cryptocurrency exchange WEX.nz has seen its funds frozen by fellow exchange Binance after users claimed the exchange was involved in money laundering, CEO Changpeng Zhao confirmed on social media Oct. 29. In response to an alert by an online trader known as John James on Twitter, Zhao said Binance had quarantined funds sent from wallets associated with WEX. “[T]he identified accounts are frozen, please report […]

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PR: aXpire Acquires BlockchainWarehouse (BCW)

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. aXpire Acquires BlockchainWarehouse (BCW) aXpire, a leading blockchain fund solutions company, has announced the acquisition of BlockchainWarehouse (BCW), a blockchain accelerator and leading token sale product developer. aXpire has made the acquisition to bolster the strength of its in-house blockchain talent and […]

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ERC-20 Co-Author Proposes New ICO Model to Protect Investors from Fraudulent Token Sales

Ethereum developer and co-creator of the ERC-20 token standard has introduced a new concept for ICOs to better protect investors. The Ethereum (ETH) developer that co-authored the ERC-20 token standard has introduced a new model for Initial Coin Offerings (ICO), Czech business news outlet Kurzy reports Oct. 31. Speaking at Ethereum’s annual Devcon conference in Prague Oct. 30, Fabian Vogelsteller, also the main developer of decentralized application (DApp) browser Mist, proposed a new approach for running ICOs that he claims will better protect investors. Vogelsteller described the […]

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