The Reasonable Network

This article is my advice on how reasonable people can have a public discussion that is strong enough to avoid being derailed by trolls, no matter who they are. I believe the key is the conviction that if there were such a thing as a reasonable public discussion, everyone else would depend on the conclusions … Read more

Bitcoin and Ether Are Not Securities: SEC Director Sets the Record Straight

Bitcoin and Ether are not securities, the SEC’s director of corporate finance, William Hinman, stated on June 14. This is because these cryptos lack a central third party whose efforts are key in determining their success. Hinman went on to state that over time, there may be other sufficiently decentralized networks and systems which will … Read more

Mining Consumes Half as Much Power as BECI Estimates – Coinshares

Embellished estimates as to the total electricity consumed through bitcoin mining have again made the rounds in the media recently, with many stories claiming that energy consumed by mining annually is comparable to that which is consumed by the entire nation of Ireland. Said stories appear to have been triggered by research published by Alex … Read more

Bittrex Says Its USD Trading Functionality Will Roll out in Stages

Bittrex has made it clear that the company will be entering the fiat currency trading industry fairly soon. In the first phase, the company will add USD trading, although it will seemingly be limited in terms of its availability. Given the US’s fractured cryptocurrency regulation, such an approach makes a lot of sense. Bittrex’s Plan of … Read more

Bitcoin Price Watch: Currency Remains at $6,500

At press time, bitcoin has undergone no change since falling to $6,500 yesterday. It’s been a week of ups and downs for sure, and despite the low price, it’s a little refreshing to see bitcoin stay put for the time being. One source mentions bitcoin is at its lowest point since last February, and that … Read more

The Role of Bitcoin in Crime: Blockchain Analysis

In our ongoing series regarding Bitcoin and crime, various topics have been highlighted. There is a lot to talk about, even though it is evident cryptocurrencies will evolve beyond crime in many different ways. Especially with law enforcement agencies now tracking Bitcoin, interesting changes are bound to occur soon. The Rise of Blockchain Analysis Fighting … Read more

Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses

Japanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent. They are accused of violating the law banning the use of computer viruses. Some people have already been fined. The police have been monitoring the Coinhive program since it … Read more

Censorship, Bans, and ETH Scams: Twitter Suspends Bitmain’s Official Account

This week the Twitter handle @Bitmaintech was locked down because Twitter administrators claimed the account belongs to a 4-year-old. The Twitter handle’s owner and Bitmain’s head of marketing have complained to the social media company’s support team and Twitter’s CEO Jack Dorsey. The account lockdown marks the second high profile bitcoin-related account that’s been banned … Read more