Op-Ed Tired Tropes and Tracking Dope: Catch the Crypto Criminals and Leave the Rest of Us Alone

According to the UN, 2.1 trillion dollars, or 3.6% of the worlds GDP is generated by crime. Such large criminal networks cost innocent people in a multitude of ways, including spending additional tax dollars on law enforcement, unfair financial regulations imposed on everyone in an attempt to deter crime, loss of tax revenue for your governing body, and many more. ...

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Is Russia Ready to Give its Citizens Bitcoin for Christmas?

Russia has made news all year long for its international stances on many major topics. Its military issues with the Ukraine, NATO, Turkey, the goal to become a GMO-free food producer, and their attacks on ISIS in Syria have been major stories, worldwide. Russia has also had a controversial stance on Bitcoin, dating back to last year, which I’ve chronicled ...

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Segregated Witness, Part 1: How a Clever Hack Could Significantly Increase Bitcoin's Potential

If one proposal excited attendees at the recent Scaling Bitcoin workshop in Hong Kong, Bitcoin Core and Blockstream, it was developer Dr. Pieter Wuille’s Segregated Witness. Praised by many within the technical community, Segregated Witness is expected to improve Bitcoin’s performance in a number of ways, while some even hope it might be the scaling solution that helps bring some ...

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Tech and Banking Giants Join Forces with the Linux Foundation to Create New Open Source Blockchain 'Hyperledger'

A group of top tech and finance companies including IBM, Wells Fargo and the London Stock Exchange Group, are joining forces to develop a new open source blockchain separated from the Bitcoin blockchain, Bloomberg Business reports. The group will work with the Linux Foundation to create a public network that lets blockchain applications built on top of it communicate with ...

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Bitcoin Price Soars after next-level Chinese Capital Controls

Western society has been conditioned to think the world begins and ends with their desires and aspirations. Take Bitcoin for example. Bitcoin seems to have begun its life as an American ideal, with virtually 100% of it’s mining and ownership residing in North America. Nowadays, the digital currency has changed, becoming truly global in nature. And when an American sees ...

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5 Things We Learned About Bitcoin in 2015

Bitcoin has had a wild 2015. The last three years have been exciting, but for very different reasons. 2013 was the breakout year. 2014 was a humbling experience, with the critics and naysayers having a ball. The bitcoin struck back in 2015, looking to have the last laugh on a skeptical global mainstream market. Let’s sum up what 2015 was ...

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Genesis Mining Expands into Ethereum Mining with Year-Long Contracts

Cloud mining provider, Genesis Mining, is expanding its mining operations with the launch of Ether Cloud Mining contracts. For the first time, customers of Genesis Mining will be able to mine for Ether, the fuel that powers the Ethereum network. “Our customers asked and we listened. Due to our large-scale GPU mining activities we are glad to offer significant parts ...

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Overstock CEO Confirms Company’s Form S-3 Is Approved

Patrick M. Byrne, the Chairman and CEO of Overstock.com (NASDAQ: OSTK), confirmed in a phone interview with Bitcoin Magazinethat the SEC had declared the company’s Form S-3 statement effective, bypassing a large hurdle for the crypto-friendly firm. “Effective means approved in this sense,” Byrne said. “You file it [Form S-3] with the SEC, you go back and forth until it ...

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AirBitz Partners with Fold, Allows Users to Buy Gift Cards inside Wallet

Airbitz, a mobile wallet that includes a location-based directory of companies that accept bitcoin, has officially announced a partnership with Fold, which will allow users to purchase Starbucks and Target gift cards at a discount directly inside the wallet. Fold, which was launched in 2013, allowed users to purchase Starbucks cards at a 20 percent discount using bitcoin. While only ...

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