Archive | N-Technology

Fork Debate Drops to New Low, Outspoken Developer Lopp’s Home Surrounded by Police

Debate is a central part of the cryptocurrency community at large. Open forums such as Bitcoin.com have fostered mostly healthy fork debate about Bitcoin’s future. It appears at least one participant wished to stifle debate, and in a horrible way.  Also read: Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough Fork Debate Turns Ugly and Dangerous […]

Bernanke: “Eventually Governments Will Take Any Action They Need to Prevent Bitcoin”

Former Federal Reserve (Fed) Chairman Ben Bernanke’s recent comments about bitcoin and its network add to his growing list of hardening stances toward the world’s most popular cryptocurrency. No stranger to bitcoin, Mr. Bernanke has made several statements, at least one official, since its inception.   Also read: JP Morgan Boss Can’t Stop Talking About Bitcoin — […]

The Pirate Bay Resumes Running In-Browser Javascript Cryptocurrency Miners

The major torrenting website, The Pirate Bay, is reported to again be using cryptocurrency mining scripts on its website. Last month, it was discovered that The Pirate Bay had embedded multiple Monero miners on its website, which the company claimed was being trialed as an alternative revenue model to hosting ads. Also Read: Pirate Bay Founder’s […]

Top Indian Bitcoin Exchange Integrates With Blockchain Wallet

Leading Indian bitcoin exchange Unocoin has partnered with Blockchain, the company behind popular bitcoin wallet, Blockchain.info. Unocoin’s 400,000+ customers can now buy bitcoin inside their Blockchain wallets. Also read: Indian Government to Recommend Bitcoin Regulation Within 6 Months Blockchain Integrates with Unocoin Leading Indian bitcoin exchange and merchant service provider Unocoin has partnered with Blockchain, the operator of […]

Bitpay Will Not Suspend Services — ‘Very Little Risk of Network Disruption on August 1st’

On July 27 the world’s largest bitcoin payment processor, Bitpay, announced its plans for August 1st. According to the company, there is a lot of “misinformation” concerning updating Bitcoin’s consensus rules and the firm does not plan to suspend services that day.   Also read: Fork Watch: These Bitcoin Exchanges Will Not Support ‘Bitcoin Cash’ Bitpay Thinks […]

How Exchanges Plan To Deal With a Possible August 1 Fork

Over the past week, many bitcoin exchanges have revealed plans for the possibility of a network fork on August 1, 2017. Also read: Japan’s Cryptocurrency Business Association Plans for August 1 Guidelines In about a week there still may be a possibility of a network fork come August 1, even though Segwit2x is showing strong […]

Counterparty Experiences Millionth Transaction

Counterparty recently experienced its millionth transaction. This is good news for the bitcoin-based smart contracting platform. It appears the Counterparty ecosystem is developing healthily and rapidly.  Also read: Following Money Through the Bitcoin Laundry Is Not So Easy Counterparty’s community manager, Shawn Leary, told bitcoin.com about their growth: “Counterparty was excited to see our one millionth […]

MIT Study Shows Exclusivity Encourages Greater Bitcoin Adoption

MIT launched a study in 2014 that showed early adopters help to spread new technology throughout society, if they feel they have exclusive access to it. The study’s official research paper was released on Friday, which was published in Science. The experimenters used bitcoin as the “new technology” in the study. Also read: Paul Sztorc Suggests Revising Bitcoin’s Scaling Roadmap […]

UK Fintech Startup Revolut to Adopt Bitcoin and Move Beyond Banking

Revolut, the UK Fintech Startup, is adding bitcoin to its regiment of accepted currencies due to heavy customer demand. The company is touted as a global alternative banking platform, which provides customers with cards that can be used to purchase currency and products in multiple countries at the current exchange rate.  Also read: Coinsource Bitcoin ATM Company […]

Coinsource Bitcoin ATM Company Embraces Arizona

Coinsource ATM business just captured market share in Arizona as it added new machines in Phoenix. The Texas-based company is expanding rapidly. The company has installed 50 machines this year, and has plans to grow into international arenas. They now have a total of 116 ATM’s across 10 states, according to a recent press release.  Also read: Alphabay […]

Researcher: `Here’s Mathematical Proof the Lightning Network Will Be Centralized´

An article by Jonald Fyookball, which appeared on Medium, demonstrated that Lightning Network may not be as decentralized as some have imagined. The article is noteworthy because it attempts to criticize the problem of Lightning Network from a mathematical perspective. However, even though it goes into rigorous formulation, it also provides an non-mathematical explanation for the […]

Asus and Nvidia Announce Purpose-Built Cryptocurrency Mining GPUs

Leading graphics processing unit (GPU) manufacturers Asus and Nvidia have announced the release of new GPUs targeting the cryptocurrency mining market. Also Read: Sapphire Technology Announce Production of Graphics Cards Designed Solely for Cryptocurrency Mining The Announcements Follow Sapphire Technology Becoming the First GPU Producer to Target Cryptocurrency Miners GPU manufacturing giants Asus and Nvidia […]

Sapphire Technology Announce Production of Graphics Cards Designed Solely for Cryptocurrency Mining

Computer hardware company, Sapphire Technology, have announced that they will be releasing a line of headless graphics cards marketed towards cryptocurrency miners, as opposed to their traditional gamer customer-base. Also Read: GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly Wage Sapphire Technology Is Hoping to Capitalize on the Recent […]

Most Popular Contactless Smart Cards in Japan Adding Bitcoin Hardware Wallets

Sony’s Felica technology is behind many of the most popular contactless NFC smart cards. Already the de facto standard in Japan for commuter travel payments, Felica is being used at the point of sale, railway and air ticketing, as well as for University ID cards – to name a few. It was recently announced that […]

Chinese Miners Announce Accelerated Development and Activation of Segwit2x

A new agreement has been struck among Chinese Bitcoin exchanges and mining companies representing the majority of Bitcoin’s hashing power. They agree to accelerate the development and activation of the Segwit2x scaling upgrade. Also read: Bitmain Announces Hard Fork Protection Plan Against UASF Miners Supporting Segwit2x Segwit2x, also known as the New York Agreement, is an […]