BIP 91 Locks In: What This Means for Bitcoin and Why It's Not Scaled Yet

BIP 91 has officially locked in. At press time,  bitcoin's miners , the network of computer operators that secure the blockchain, have now been signaling that they will upgrade the...
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Bitcoin Price Surges to One-Month High as Tech Outlook Improves

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After dropping to a low of $1,836 this weekend, the bitcoin price is once again climbing back toward all-time highs. According to CoinDesk's Bitcoin Price Index , the price of bitcoin rebounded...
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Garza Pleads Guilty: GAW Miners CEO Cops to $9 Million Fraud

Controversial cryptocurrency executive Josh Garza has plead guilty to one count of wire fraud. As reported by CoinDesk  earlier this week , Garza was rumored to have been preparing the...
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Parity Wallet Hacker Cashes out $90,000 in Stolen Ether

Roughly $90,000 in stolen ether confiscated as a result of a bug in a popular ethereum wallet software service yesterday have been cashed out,  blockchain data  shows. As reported by CoinDesk, a...
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Ripple Reports Uptick in Investor XRP Interest as Sales Triple in Q2

A new report from distributed ledger startup Ripple suggests institutional investors are increasingly interested in its native cryptocurrency, XRP. According to the San Francisco startup, its licensed subsidiary sold $31...
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What's an ICO? 'Big 4' Consulting Firms Are Getting the Question

Clients of the world's four largest professional services firms are expanding their interest in the blockchain sector in line with its recent explosion of experimentation. According to representatives from Deloitte,...
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'Bitcoin Sign Guy' Has a New Job, But He's Keeping His Identity Secret

It's been a tumultuous week since the man known as "Bitcoin Sign Guy" held up a pad of paper emblazoned with the words "Buy Bitcoin" during a congressional address by...
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Non-Profits See Blockchain Vision, But Face Harsh Realities

Although Wall Street pundits and big bank proofs-of-concept often steal the bulk of the attention, they're not the only global groups with an interest in blockchain technology. In fact, behind the...
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Bitcoin Startups Advise Caution as Scaling Proposals Collide

With a major inflection point for bitcoin just days away, some users are beginning to wonder about the safety of their holdings on major exchanges. At issue is that several scaling proposals...
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Indian IT Trade Association Sets up Blockchain Special Interest Group

Indian IT industry trade association NASSCOM has partnered with startups BlockSmiths and Quatrro to set up a special interest group focused on blockchain technology. Located in the country's capital, Delhi, the...
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People Trust Cryptocurrencies over Gold, Says Wall Street 'Dean of Valuation'

Cryptocurrencies are quickly becoming a preferred alternative to gold for people who don't trust traditional fiat currencies, according to Aswath Damodaran, a professor of finance at the NYU's Stern School of Business. A specialist...
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$30 Million: Ether Reported Stolen Due to Parity Wallet Breach

Smart contract coding company Parity has issued a security alert, warning of a vulnerability in version 1.5 or later of its wallet software. So far, 150,000 ethers, worth $30 million,...
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'Mistake' Corrected: Overstock Invests in Blockchain Startup Symbiont

The blockchain branch of retail giant Overstock today announced its first investment in Symbiont, a startup aimed at streamlining the way financial instruments are traded. The investment by Overstock's Medici...
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Texas Congressman: Cryptocurrenices Must Not Enable Terrorists

A Texas Congressman is calling for anti-money laundering (AML) and know-your-customer (KYC) regulations to be applied to cryptocurrency startups. According to a  congressional record released online today, Roger Williams, a congressman...
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Mystery Coinbase Customer Steps up in Fight to Quash IRS Tax Hunt

Coinbase users aren't backing down from an effort to shoot down an IRS subpoena seeking customer names and transaction data for an investigation on their potential tax liabilities. According to a  new filing...
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Research Finds Design Flaws in Scaling Proposal Bitcoin Unlimited

A new research paper from international analyst group IMEC has found that changes to bitcoin proposed by a software implementation called Bitcoin Unlimited would "magnify the effectiveness" of attacks on...
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Building a Blockchain Strategy? Deloitte's CTO Has Advice For You

As one of the earliest enterprise firms to specialize in blockchain, Deloitte has quickly become a fixture in industry news and at conferences. But just how important is the emerging technology to...
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Behind on Bitcoin Drama? A (Short) History of Scaling

No one said consensus would be easy. The conversation on how to best upgrade the bitcoin network to accommodate a greater transaction capacity has been a long one, dating back...
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Exchange Trade Group: Jurisdiction is Challenging DLT Adoption

A new report by a global industry association for securities exchanges has focused on blockchain adoption issues among its members. A response to a  discussion paper  on distributed ledger technology (DLT) proposed by...
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CoinDash ICO Hacker Nets Additional Ether as Theft Tops $10 Million

A few prospective investors were still sending ether to an ethereum address compromised in an initial coin offering (ICO) held by a startup called CoinDash yesterday, inadvertently bringing the total lost...
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