Bitcoin

BIS Report: DLT 'Promising' But 'A Long Way Off'

BIS Report: DLT 'Promising' But 'A Long Way Off' The Bank for International Settlements (BIS) has released a new report on blockchains and distributed ledger technology. Described as an an analytical guide to the tech for central banks and financial market authorities, the report was penned by the BIS Committee on Payments and Market Infrastructures. (The…

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Bloq Buys Blockchain Analytics Firm Skry in First Acquisition

Bloq Buys Blockchain Analytics Firm Skry in First Acquisition Blockchain analytics startup Skry has been acqui-hired by Bloq. Though few details have been initially disclosed, the deal was closed late last week, bringing both the assets and team behind Skry under the Bloq umbrella. The acqui-hire is Bloq’s first since its launch in early 2016, backed by $250,000 in funding…

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Big Banks Turn to Bitcoin Tracking in Fight Against Human Trafficking

Big Banks Turn to Bitcoin Tracking in Fight Against Human Trafficking A shift occurred in the summer of 2015 that sent modern-day slavers flocking to bitcoin. Following pressure from Illinois law enforcement, Visa and MasterCard ceased doing business with BackPage, an online classified ads service that has been accused of being a thinly veiled front for…

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What Bitcoin Traders Should Know About Technical Analysis

What Bitcoin Traders Should Know About Technical Analysis While bitcoin traders have many tools they can use to evaluate the cryptocurrency market, one of the most tried-and-true methodologies is what’s called technical analysis. Using this approach, traders can get a better sense of market sentiment and identify key trends, and, with this information, make better-informed…

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Who Broke the SHA1 Algorithm (And What Does It Mean for Bitcoin)?

Who Broke the SHA1 Algorithm (And What Does It Mean for Bitcoin)? The cryptography world has been buzzing with the news that researchers at Google and CWI Amsterdam have succeeded in successfully generating a ‘hash collision’ for two different documents using the SHA1 encryption algorithm, rendering the algorithm ‘broken’ according to cryptographic standards. But what does this…

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After New Highs, Bitcoin Price Faces Uncertain Path Ahead

After New Highs, Bitcoin Price Faces Uncertain Path Ahead Where to bitcoin? Just a day after reaching its highest value since its inception, there were many familiar markings of new bitcoin price activity. The milestone set off the typical slew of mainstream media articles, though it seems that every outlet offered a different take on the…

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Unanimous Vote Advances Blockchain Bill in Arizona Legislature

Unanimous Vote Advances Blockchain Bill in Arizona Legislature Lawmakers in the lower chamber of Arizona’s legislature have unanimously advanced a bill that enshrine blockchain signatures and smart contracts under state law. HB 2417 was introduced earlier this month by by state representative Jeff Weninger. According to public records, two committees in the Arizona House of…

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Sprint to Test Blockchain Platform for Connecting Telecoms

Sprint to Test Blockchain Platform for Connecting Telecoms US telecom Sprint is working on a new blockchain initiative focused on carrier applications. The firm is partnering with SoftBank, a Japanese telecom conglomerate, and TBCASoft, Inc., a blockchain startup based in California. Sprint is the fourth-largest telecom provider in the US, according to data from Statista,…

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Cloudflare Bug Triggers Password Warnings from Bitcoin Exchanges

Cloudflare Bug Triggers Password Warnings from Bitcoin Exchanges Users of bitcoin exchanges and other online services are being warned to change their passwords in light of a newly discovered bug tied to web security firm Cloudflare. Cloudflare, which provides denial-of-service protection, detailed the issue in a blog post published today. The company was first contacted about the…

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Malta's PM: The Rise of Cryptocurrencies 'Cannot Be Stopped'

Malta's PM: The Rise of Cryptocurrencies 'Cannot Be Stopped' European regulators should embrace cryptocurrencies like bitcoin, the prime minister of Malta argued in a speech yesterday. Speaking at the CEPS Ideas Lab in Brussels on 23rd February, Prime Minister Joseph Muscat argued that governments in the European Union should “double down” on the tech, which…

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