In recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged that […]
The post Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin Mining appeared first on Bitcoin News.
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The team at Nav Coin have just released NavPay – the world’s first mobile wallet that allows users to send private payments. At a time when governments around the world are cracking down on internet freedoms – such as a few weeks ago with the U.S. repealing net neutrality – it’s more important than ever for users to have access to tools that safeguard their rights. Nav Coin is a cryptocurrency that takes this right to privacy seriously. Having been around since 2014, Nav Coin has built a second blockchain (NavTech) for transactions to be routed through, which completely disconnectsPowered by WPeMatico
In the world of cryptocurrency, a lot of people have had some sort of experience with the Electrum wallet. It is a convenient solution which works well on most devices. Unfortunately, it seems a major flaw was discovered in the Electrum wallet software which could expose funds to malicious entities. This seemingly also affects all “copied” versions of Electrum, which has put a lot of funds at risk all of a sudden. Electrum bug could Become a Major Problem It is not the first time a popular cryptocurrency wallet has suffered from a bug that could potentially cost users millions of dollars.Powered by WPeMatico
Bitmora is building a service that will allow users to globally exchange cryptocurrency and vote on the framework upon which the exchange is built. SAN DIEGO, January 8, 2018 (Newswire.com) –Cryptocurrency exchange platform Bitmora is set to revolutionize the way the digital currency exchange world operates. The company aims to build a one of a kind trading platform that will offer low fees, enterprise-grade security, and a unique voting system designed to put the future of cryptocurrency exchanges in the hands of activists and users alike. Instead of an ICO, Bitmora launched a crowdfunding campaign on Dec. 1. Bitmora’s cryptocurrency exchange isPowered by WPeMatico
So often behind the eightball when it comes to being at the cutting edge, African Millennials are now cashing in on the Bitcoin hype in order to spark a financial revolution #ADOPTION
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If there is one trend that became evident in the year 2017, it is how some early adopters have dropped support for Bitcoin. More specifically, a lack of interest and high transaction costs have made dealing in Bitcoin unappealing for most retailers. Microsoft is perhaps the biggest company to have rethought its support for Bitcoin recently, even though it always offered it in very limited fashion. Surprisingly, the company no longer counts Bitcoin among its “active payment instruments”. Microsoft Shows Little Love for Bitcoin It is evident Bitcoin is not in the best of places right now. More specifically, the currency has become increasingly difficult to use.Powered by WPeMatico
Background: Bitcoins are created by solving highly complex computational tasks, and the computing power provided by them. This requires special computers with expensive, extremely fast processors, which have been specially installed for this purpose. To incentivize these acquisition costs, to mine bitcoins and thus to operate the network, the procedure Proof of Work (POW), better known as Mining, was established. With additional Bitcoins the network rewards the miners for their efforts. In this way not only the hardware costs, but also the costs for the enormous energy consumption are amortized. A method that pays off for the miners. Due toPowered by WPeMatico
Renaissance man and real life Tony Stark, Elon Musk, has repeatedly mentioned how he believes that robots and computers will just become too good at doing the vast majority of jobs to be sustainable for modern economies. I happen to agree with him on this to an extent. Because of this, Musk believes that we will need to turn to a system of universal basic income sooner rather than later. Of course, there are many considerations when contemplating universal income. Musk is trying to help solve a problem he, in part, is creating One of the reasons why Musk mayPowered by WPeMatico
Litigation has been filed in an Indian High Court by a public prosecutor of cybercrime cases. Claiming that cryptocurrencies facilitate crime, he calls for their immediate ban or regulation. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Litigation Seeks Immediate Intervention A public interest litigation (PIL) was filed with the […]
The post Litigation Filed in India for Immediate Intervention of the Flow of Bitcoins appeared first on Bitcoin News.
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Ancora introduces Bitcoin fountain pen as investor interest in luxury pens soars #SPONSORED
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