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After Segwit2x Failed Jeff Garzik Reveals “United Bitcoin”

Altcoins A new bitcoin fork called United Bitcoin has been announced by a few prominent cryptocurrency luminaries that aims to improve the mechanics of the original bitcoin software. United Bitcoin was forked on December 12, 2017 at block height 498777 and the creators claim it will feature an 8MB block size, Lightning Network support, Segregated Wit

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Bulgaria Seizes Enough Bitcoin to Pay Off 1/5 of National Debt

Following an undercover bust of an underground crime network, Bulgaria has seized enough Bitcoin to settle a fifth of its national debt.According to ZeroHedge, the Bulgarian crime enforcement agency and the Southeast European Law Enforcement Center caught 23 Bulgarian criminals and confiscated a total of 213,519 Bitcoins - roughly valued at $3.5 bln.The syndicate had hacked Bulgarian customs compu

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The Bitcoin Rally Has Only Just Begun And This Is Why

The banking world used to laugh at the prospects of cryptocurrency and even the main Banker in the world Bob Diamond stated that it was a fraud. They are no longer laughing now as it continues to outperform every single asset and has done consistently now for the last three years. Many believe that it is a bubble but those that say that do not understand exactly how the Blockchain and cryptocurren

Forgot the Key to Your Bitcoin Wallet? You Need a Crypto Hypnotist

News The rapid acceleration of bitcoin this year has had holders mesmerized – sometimes literally. The currency’s soaring value has sparked renewed interest in old wallets containing digital dust. That shrapnel is now worth a significant amount, prompting account-holders to rack their brains in search of passwords and keyphrases. In Russia, frust

This Gold Dealer Is Now Selling More Bitcoin Than Precious Metals

Finance With the value of the cryptocurrency consistently breaking new highs one after another this year, it’s no wonder even goldbugs have been taken by the bitcoin fever. One of the biggest names in the gold business, Goldmoney now deals more in bitcoin than the precious metal that gives it its name.Also read: Gold Mining Company’s Sh

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Mining Service Nicehash Hacked, $60 Million in User Funds Stolen

The mining service Nicehash was reportedly hacked today, with over $60 mln in funds stolen. Users report that funds have been moved from their own internal Nicehash Bitcoin addresses to a single Bitcoin address controlled by an unknown party. The company released a statement on Reddit, saying:“Unfortunately, there has been a security breach involving NiceHash website. We are currently investigat

Getting Bitcoin on Grandma’s Android Phone: 3 Easy Steps

Featured So, you’ve helped mom buy some bitcoins and grandma is starting to feel a little left out. Being the perfect grandchild you are, you want to make her feel included in the latest family craze. However, grandma doesn’t believe in spending ridiculous amounts of money on an iPhone, she uses an affordable, tasteful Android. So let’s introdu

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More Users of Square Will be Able to Purchase, Sell, and Store Bitcoin

Square, one of the most widely utilized financial applications globally founded by Twitter founder and CEO Jack Dorsey, has started to expand its pilot integration of bitcoin across its user base.According to the official announcement made by the Square Cash App team, the company’s bitcoin brokerage services will be provided to more of the Square Cash App’s most active customers. In the upcomi

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Bitfinex Critics Prepare for Possible Legal Action After Cryptocurrency Exchange Lawyers Up

Bitfinex, the world’s largest cryptocurrency trading platform, has hired Steptoe & Johnson, a heavy-hitting, international law firm based in Washington, D.C., to try to put an end to what their PR firm calls “a campaign of mistruth.”According to an earlier statement issued by Ronn Torossian, CEO of 5W, the PR company representing the exchange, Bitfinex is “signaling to those who engage

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Major Wallet Vulnerability Revealed As User Barely Reclaims 9 BTC

An anonymous Pastebin user claimed to have discovered evidence that some Bitcoin wallet software can generate private keys that can be easily identified and hacked.The reveal comes after another person has made a Reddit post describing how they lost nine BTC due to a transaction error on the Blockchain.info wallet service.The Pastebin user, however, didn't reveal the specific wallet software that

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