Bitmain May Be Infringing on the AsicBoost Patent After All

The AsicBoost controversy has added another chapter to its book. Yesterday, law firm Getech Law published an open letter, which was subsequently confirmed to be legitimate by Timo Hanke, the initial submitter of the AsicBoost patent application. In the open letter, the law firm states that several chip producers and sellers are infringing on the ...

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Norwegian Bank Grants Access to Bitcoin Investments Through Online Banking

Norwegian online bank Skandiabanken now recognizes bitcoin as a new investment class and allows its customers to access their bitcoin holdings through its online banking platform, according to a Norwegian media report. Through an integration of the Coinbase wallet, which enables the buying and storing of cryptocurrency holdings in bitcoin, ether and litecoin, the bank’s customers now have direct access ...

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Four Quick Questions and Answers About Ransomware and Bitcoin

Bitcoin got caught in another media storm this week, though only in a supporting role this time around. The ongoing ransomware attack by the name of “WannaCry,” sometimes also referred to as “WannaCrypt0r,” “Wcry,” “WanaCry,” “WannaCrypt” or “Wana Decrypt0r,” infected over 230,000 computers in over 150 countries over the past couple of days, and demands that victims pay a ransom ...

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Bitcoin Price Analysis: Outlook Not as Bearish as It Seems

Much of the world has now heard about Bitcoin due to the global WanaCrypt0r 2.0 ransomware, which should continue spreading over the course of next week. Optics for Bitcoin aren’t great in situations like this because it furthers the notion that Bitcoin is used for nefarious means. You can follow a live feed of the incoming transactions from this twitter ...

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How Five States Are Approaching Bitcoin Regulation

Cryptocurrency should be regulated. Cryptocurrency should not be regulated. Cryptocurrency can’t be regulated. These are all common refrains emanating from the media these days. Now lawmakers across the United States and around the world are at a crossroads as to what is next in terms of this regulatory space. Bitcoin and other forms of cryptocurrency present a monumental challenge for ...

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Op Ed: How the Market Is Deciding the Block Size Debate … and the Marketing Lesson for Us All

The battle over block size has consumed the Bitcoin community for a while now. At the core, the question comes down to this: Is Bitcoin a “store of value” (i.e., digital gold) or a “currency” (i.e., digital cash)? That determination informs the decision about bigger blocks vs. smaller blocks.   Bigger blocks contain more data, which yields smaller transaction fees ...

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Op Ed: What a VPN Is, What It Isn't and Why You Need One

As Bitcoin and its competitors continue to gain momentum in the financial world, security concerns are on the rise. These concerns apply directly to the many private users of Bitcoin that are worried their privacy is under assault. For this purpose, users are turning to a variety of solutions. Some are turning to mixers such as the TumbleBit tumbler, a ...

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Palestine May Launch Its Own Cryptocurrency as Sovereign Legal Tender

Palestinian officials are planning for the region of Palestine to receive its own digital currency within the next five years. The motivation for this stems from concerns about potential Israeli interference, Azzam Shawwa, Governor of the Palestinian Monetary Authority (PMA), told the news agency Reuters. Palestinians have no sovereign currency of their own and use a combination of different currencies, ...

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More Mainstream Use Cases Needed to Secure Bitcoin's Legitimacy

Blockchain technologies like the one that underpins Bitcoin are gaining wide acceptance across industry sectors from finance to healthcare to real estate. Bitcoin itself, however, is still struggling with legitimacy and regulation issues. Just this week, the fact that bitcoin was chosen as the payment method for the latest round of global data ransomware attacks, WanaCrypt0r 2.0 malware, has underscored ...

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eToro: Bitcoin, Ether Trading Skyrockets; Trader Sentiment Remains Bullish

Digital currency trading has exploded on eToro, an online trading and investing community. The platform, which currently supports bitcoin and ether trading, has reported significant increase in both the number of users trading digital currencies and the volume of digital currencies traded on the platform. Over the last 12 months, eToro has seen a 4x growth in traders accessing the ...

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