Month: February 2015

As Paypal drops Mega, Opportunity for Bitcoin Looms (Updated With Paypal Response)

Updated: Paypal has given us this response, which it says we can attribute to a “Paypal spokesman” “PayPal can confirm that we have decided to end our relationship with Mega for business reasons. We respect the privacy of all our customers and former customers and will not provide further details about this decision.” Paypal, a …

As Paypal drops Mega, Opportunity for Bitcoin Looms (Updated With Paypal Response) Read More »

Are Bitassets Actually Useful?

While combining the stability of real world assets with the power of the bitcoin blockchain may seem like the best of both worlds, there are also plenty of people out there who don’t think the concept is such a good idea. There’s nothing stopping these sorts of bitassets from coming into existence. In fact, they …

Are Bitassets Actually Useful? Read More »

What is a Bitasset?

The idea of creating new assets on top of bitcoin via smart contracts has been around for a few years now, but it seems that no one has been able to find the perfect solution up to this point. Bitshares and NuBits are probably the most widely used platforms for creating these sorts of assets …

What is a Bitasset? Read More »

Bitcoin Foundation Election Results in Run-Off. ‘Anti-Foundation’ Candidate Oliver Janssens Grabs First Place

The election for two new Bitcoin Foundation Chair Members has come to an end, but we still don’t know who will occupy the empty spots. As per Bitcoin Foundation bylaws, no member received more than 50 % of the vote and the Foundation will have a special runoff election with the top four candidates. Oliver …

Bitcoin Foundation Election Results in Run-Off. ‘Anti-Foundation’ Candidate Oliver Janssens Grabs First Place Read More »

BTC Massacre: Three Exchanges Hit

Three major exchanges have experienced incidents that raise questions about their long term sustainability. Bter, HitBTC and Exco.in have all admitted to hacks or suspended withdrawls. Other exchanges have reported suffering their own issues. CCDEK and ShapeShift.io are the other exchanges that are having issues. Bter is the largest of the three exchanges hit and it …

BTC Massacre: Three Exchanges Hit Read More »

‘Burned’ Paycoins Come Back To Life, Appear To Be Sent To Exchanges

A Paycoin address that investors were told was for testing purposes and was supposed to have its coins burned, has since come to life, sending payments to various addresses and appear to have ended up at various exchanges. Instead of traditional mining, Paycoin uses nodes called Prime Controllers and Orion Controllers, as well as traditional …

‘Burned’ Paycoins Come Back To Life, Appear To Be Sent To Exchanges Read More »