Former Core Developer Mike Hearn Returns for Some Bitcoin Cash Q&A

On April 5 the former bitcoin core developer Mike Hearn came back to do an Ask-Me-Anything (AMA) on the Reddit forum /r/btc. It’s been a while since Hearn has chatted with the bitcoin community, and one could say he left the development scene a few years ago due to the vitriolic strife over the scaling … Read more

Cryptocurrency Mining Industry Sees Influx of New Hardware

On April 3, 2018, the Chinese based firm Bitmain Technologies had launched it’s latest miner the Antminer E3. The new pre-manufactured mining rig processes the hashing algorithm Ethhash, the PoW consensus protocol for the Ethereum network. Lately, Bitmain has been releasing a bunch of new products including the Antminer X3 which mines Cryptonight algorithms for … Read more

“I don’t want this” says Mt Gox CEO Mark Karpeles in Surprise ‘Ask-Me-Anything’

On April 4, 2018, the notorious former CEO of the now defunct bitcoin exchange Mt Gox started an Ask-Me-Anything (AMA) post on the Reddit forum /r/bitcoin. Mark Karpeles (AKA Magical Tux) explained that he’s willing to answer questions concerning the controversial bankruptcy process that’s taking place in Japan within the Tokyo court system. Karpeles writes … Read more

Our Love and Hate Relationship with Bitcoin Miners

It’s coming close to a decade since the creation of the bitcoin network and the cryptocurrency ecosystem. The protocol has produced a great deal of users, infrastructure, businesses and influential parties like developers and miners. Since the beginning of bitcoin’s mining history, individuals mined lots of coins with central processing units (aka home computers). Later, … Read more

Huobi’s Sentiment Index Shows Cryptocurrency Investors Still Bullish

This week the cryptocurrency exchange Huobi’s educational subsidiary ‘Huobi Research’ conducted a survey with close to 2,000 individuals from 23 different countries to get a visual of what cryptocurrency sentiment looks like today. As cryptocurrencies have slid in value over the past three months according to the report, 77.9 percent of those polled were still … Read more

Bitcoin Cash Community Bolsters Instant Transactions

Over the past few weeks, the bitcoin cash (BCH) community and developers have been discussing ‘zero-confirmation’ or ‘instant transactions.’ Many BCH supporters believe if the concept was broadly accepted, payments and transaction speed would be extremely fast bringing a significant competitive edge to the BCH network. Also Read: Trading Cryptocurrencies Like a Boss Takes Time and … Read more

Capitalization of Cryptocurrency Markets Loses 59% in Q1 2018

The first quarter of 2018 dealt heavy losses to the cryptocurrency markets, with Coinmarketcap data indicating that the capitalization of the combined crypto markets has dropped by 59% since the start of January. Q1 2018 has also been among the bloodiest quarters in recent memory for the bitcoin markets – with BTC suffering an approximately … Read more

Trading Cryptocurrencies Like a Boss Takes Time and Research

Over the years there have been many news.Bitcoin.com tutorials about the very basics of trading, market indicators, and the multitude of websites that collect vast amounts of data. Some of these resources give traders a step towards making their first trades. Now after a few losses and some lucky gains these individuals are interested in … Read more

US Bitcoin Trader Convicted for Illegal Money Transmission and Laundering

The U.S. government has been cracking down on individuals utilizing the peer-to-peer platform Localbitcoins. This week an Arizona resident named Thomas Costanzo was convicted for money laundering tied to over $164,000 worth of cryptocurrency trades. Also Read: Arizona Localbitcoins Trader Detained by U.S. Homeland Security Two Years Worth of BTC Trades Investigated The U.S. Attorneys Office … Read more