A Look at the First Phone-to-Phone Bitcoin Transfer Using a Nokia N900 Smartphone

A Look at the First Phone-to-Phone Bitcoin Transfer Using a Nokia 900 SmartphoneWhen Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after the former Bitcoin Core developer Mike Hearn published BitcoinJ in 2011. However, prior to the first SPV client or optimized lightweight bitcoin wallet, […]

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Mi Store Portugal Reveals Crypto Acceptance, Xiaomi Says ‘Decision Was Made Without Knowledge or Approval’

Mi Store Portugal Reveals Crypto Acceptance, Xiaomi Says 'Decision Was Made Without Knowledge or Approval'On August 5, the Mi Store in Portugal announced that it was accepting cryptocurrencies including bitcoin, ethereum, tether, and dash. At the time, the Mi Store Portugal said it was working with the blockchain payments company Utrust in order to be more “inclusive.” However, the Mi Store parent company Xiaomi Corporation, which stems from China, […]

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STIR/SHAKEN: Phone Calls of the Future

Spam calling is rampant in the United States. American citizens are inundated with over 175 million robocalls every day. It’s gotten so annoying that 90% of people refuse to pick up for unknown callers. The problem is more than annoyance: phone scams cost Americans $10 billion in 2020 alone.    The problems at the receiving end of spam calls are well known. Less talked about are the issues spam callers cause legitimate businesses. When a scammer spoofs the number of a real business, it destroys their number’s integrity. Since spoofing is currently so difficult to trace, cases are near impossible

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Bitcoin in Brief Thursday: Crypto Phones, Spy Games, Binance CEO vs Vitalik

Bitcoin in Brief Thursday: Crypto Phones, Spy Games, Binance CEO vs VitalikIn today’s edition of Bitcoin in Brief we cover the development of two upcoming crypto phones, the involvement of cryptocurrency in cyber spy games, and why the Binance CEO came out against Etherum-founder Vitalik Buterin. We also cover the latest case of cryptojacking, this time inside a popular video game client. Also Read: Malta-Based Company Launches […]

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Chinese Household in Trouble for Chasing a Lost Cause – Mining Bitcoin with Phones

Chinese Household in Trouble for Chasing a Lost Cause – Mining Bitcoin with PhonesA Chinese household has been stealing electricity to mine bitcoin using 50 mobile phones and 15 improvised mining rigs. The home workshop has consumed almost 33,000 kWh of unbilled electricity. That should be enough for a couple of bitcoins, but using a smartphone for the job is not really an option.   Also read: 80% […]

The post Chinese Household in Trouble for Chasing a Lost Cause – Mining Bitcoin with Phones appeared first on Bitcoin News.

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