Posted Date: November 11, 2017
Following the Segwit2x working group’s announcement to cancel the hard fork scheduled for next week, many shocked bitcoin proponents revealed their opinions on the web. Additionally, one of the administrators of Bitcoin.org, Theymos, wants the web portal’s recommended businesses such as wallet services and exchanges to pledge that “Bitcoin is not ruled by miners” or […] The post Bitcoin.org Owner Wants to Revise Satoshi’s White Paper appeared first on Bitcoin News.

Posted Date: November 11, 2017
The controversy surrounding the correlation between the release of new Tethers (USDT) and dramatic price spikes led by Bitfinex trading continues. 20 million new USDT were released shortly before a single market buy of approximately $13.5 million USD worth of bitcoin was executed on the 8th of November. The sudden spike in buying pressure quickly […] The post Total Supply of Tethers Increases By 20% in One Week appeared first on Bitcoin News.

Posted Date: November 11, 2017
Trump administration Treasury Secretary, Steven Terner Mnuchin, in a recent interview, largely about US tax code and proposed cuts, gave his first public comments regarding bitcoin.   Also read: Trump’s Attorney General Jeff Sessions: ”Bitcoin is a big problem” Treasury is Looking at Bitcoin Very Carefully Moth to flame? Bear to honey? More money, more problems? Pick […] The post Trump’s Treasury Secretary: “We are Looking Very Carefully and Will Continue to Look at” Bitcoin appeared first on Bitcoin News.

Posted Date: November 11, 2017
London, UK, Vienna Insurance Group AG (VIG), a leading international insurance group in Central and Eastern Europe with approximately 23,000 employees and Moirai, a decentralized prediction market platform, today announced their cooperation to experiment on improving enterprise risk management (ERM) process through integration of decentralized prediction market mechanisms The post PR: Vienna Insurance Group and Moirai Announced Partnership to Experiment with “the Wisdom of Crowds” appeared first on Bitcoin News.

Posted Date: November 11, 2017
Last October Bitcoin Unlimited (BU) chief scientist Peter Rizun announced the first ever 1GB block was mined on the team’s Gigablock testnet. After processing the very large block, Rizun detailed the team would reveal the results of the testing at the Scaling Bitcoin event at Stanford University. This past weekend Rizun and BU developer Andrew […] The post Bitcoin Unlimited Reveals Gigablock Testnet Performance appeared first on Bitcoin News.

Posted Date: November 10, 2017
Bitcoin cash is enjoying a new lease of life as major figures throw their weight behind the chain. In the wake of the abortive Segwit split, neither bitcoin nor B2x has prospered, with the latter failing to materialize and the former dropping below $6,800 for the first time in 10 days. BCH, meanwhile, hit $866 […] The post Bitcoin Cash Surges as Businesses Abandon Legacy BTC appeared first on Bitcoin News.

Posted Date: November 10, 2017
The net worth of Mark Karpeles could run into the hundreds of millions of dollars thanks to a 200,000 stash of bitcoins the disgraced CEO is still sitting on. Those coins are the subject of ongoing legal proceedings in Japan which could see claimants receive less than $500 per coin for their losses. With over […] The post The Only Winner in the Mt Gox Trial is Mark Karpeles appeared first on Bitcoin News.

Posted Date: November 10, 2017
Key protocols securing technology undergirding bitcoin are “susceptible to attack by the development of a sufficiently large quantum computer,” researchers mostly from Singapore claim in a recently-released paper, Quantum attacks on Bitcoin, and how to protect against them (Quantum), made available through the Cornell University Library. Also read: Is Bitcoin at Risk as Google and […] The post Bitcoin’s Encryption Could be Broken by 2027, Claim Singapore Quantum Experts appeared first on Bitcoin News.

Posted Date: November 10, 2017
Today, Quantstamp and Experty announced their partnership to solve one of the biggest problems currently facing the blockchain industry. Many blockchain companies are using smart contracts, and due to the large amounts of money that pass through them, it’s imperative that these contracts are secure. Currently, there isn’t enough focus on auditing and securing these contracts. Experty and Quantstamp plan to combine their efforts to solve this problem. The post PR: Quantstamp and Experty Announce Partnership to Provide Smart Contract Auditing Consultations appeared first on Bitcoin News.

Posted Date: November 10, 2017
XBT Provider has announced its plans to distribute the proceeds from the sale of 44,471 bitcoin cash to eligible holders of its exchange-traded notes (ETNs). Also read: Bitcoin ETN Crosses $100 Million After Unprecedented Demand From Investors, Partners With Xapo XBT Provider’s Bitcoin Cash The Swedish-domicile issuer of bitcoin and ether ETNs, XBT Provider, announced on […] The post XBT Provider Unveils Distribution Plan After Selling 44,471 Bitcoin Cash Coins appeared first on Bitcoin News.