Category Archives: bitcoin

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Bitcoin Exchange Coinbase Launches SegWit Compatability

The post Bitcoin Exchange Coinbase Launches SegWit Compatability appeared first on CCN Coinbase have announced that the site will now be implementing SegWit on Bitcoin deposits and withdrawals. The transition is being implemented over the coming week, and should improve transaction speeds and lower fees. SegWit was introduced August of last year through BIP 141 (Bitcoin Improvement Proposal),… Read More »

Bitwise Exec Predicts Trillion Dollar Crypto Market Cap this Year

The post Bitwise Exec Predicts Trillion Dollar Crypto Market Cap this Year appeared first on CCN Matt Hougan has made a career shift from ETFs to cryptocurrencies. He jumped from the traditional fund market to a cryptocurrency index-fund manager, a market he described to Bloomberg as a “generationally significant opportunity with interesting challenges.” He joins… Read More »

Intenet Archive Sees Big Donations from Vitalik Buterin and the Pineapple Fund

The post Intenet Archive Sees Big Donations from Vitalik Buterin and the Pineapple Fund appeared first on CCN Vitalik Buterin last week donated 100 Ethereum to a digital media charity. At current prices this equates to $93,469, however, the charity will receive $186,938 as The Pineapple Fund is matching all donations up to one million dollars. The recipient of… Read More »

Kraken Chief: Cryptocurrency Investors Need to ‘Look Out for Themselves’

The post Kraken Chief: Cryptocurrency Investors Need to ‘Look Out for Themselves’ appeared first on CCN Jesse Powell, co-founder and chief executive of San Francisco-based cryptocurrency exchange Kraken, has some words of wisdom for investors. While securities regulators are looking for ways to protect investors from any fraudulent activity that might arise in unscrupulous ICOs,… Read More »

NY Fed Economists Talk Bitcoin’s Role in a Centralized World

The post NY Fed Economists Talk Bitcoin’s Role in a Centralized World appeared first on CCN New York Fed Economists Michael Lee and Antoine Martin aren’t entirely dismissive of bitcoin, which only seems to make matters worse. In a Q&A, which is posted on the New York Fed’s website, the economists question bitcoin’s utility, arguing… Read More »

JPMorgan: Cryptocurrency is Unlikely to Disappear [Yes, Really]

The post JPMorgan: Cryptocurrency is Unlikely to Disappear [Yes, Really] appeared first on CCN JPMorgan’s mixed signals on bitcoin persist. The top US bank based on assets has released what’s been dubbed a “Bitcoin Bible” for investors, conceding that cryptocurrencies aren’t going away while simultaneously warning investors about a looming 50% or so drop in the BTC… Read More »

Lingerie Tycoon Sells 50 Luxury Dubai Apartments for Bitcoin

The post Lingerie Tycoon Sells 50 Luxury Dubai Apartments for Bitcoin appeared first on CCN Aston Plaza & Residences has successfully sold 50 apartments to Bitcoin users in February. Located in Science Park Dubai, the apartments will offer residents the chance to live close to Dubai’s famous landmarks such as the tallest building in the… Read More »

Russian Engineers Caught Using State Supercomputer to Mine Bitcoin

The post Russian Engineers Caught Using State Supercomputer to Mine Bitcoin appeared first on CCN Employees of the Russian Nuclear Center in Sarov have been caught using the facility’s supercomputer to mine Bitcoin. The two engineers managed to connect the offline machine to the internet, applying its’ vast computational power to the Bitcoin network. However,… Read More »

Legendary Billionaire Investor Carl Icahn Shuns Bitcoin, Blames Himself

The post Legendary Billionaire Investor Carl Icahn Shuns Bitcoin, Blames Himself appeared first on CCN The activist investor won’t go near bitcoin for three reasons. Carl Icahn in an interview with CNBC expressed his distaste for cryptocurrencies, calling them “ridiculous,” but unlike others who were quick to write digital coins off, he admitted that in… Read More »