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What Is Bitcoin, and How Does It Work? – New York Times


New York Times

What Is Bitcoin, and How Does It Work?
New York Times
A Bitcoin is a digital token — with no physical backing — that can be sent electronically from one user to another, anywhere in the world. A Bitcoin can be divided out to eight decimal places, so you can send someone 0.00000001 Bitcoins. This


New York Times

What Is Bitcoin, and How Does It Work?
New York Times
A Bitcoin is a digital token — with no physical backing — that can be sent electronically from one user to another, anywhere in the world. A Bitcoin can be divided out to eight decimal places, so you can send someone 0.00000001 Bitcoins. This ...

Bitcoin Bug Bites Japan and South Korea as China Clamps Down – New York Times


New York Times

Bitcoin Bug Bites Japan and South Korea as China Clamps Down
New York Times
Since Bitcoin was created in 2009, it has become increasingly popular around the world because of its anti-establishment appeal — a virtual currency that is challenging governments and financial institutions. But in South Korea and Japan, the
Bitcoin suffers another setback as South Korea bans ICOsDigital Trends
Germany’s Biggest Bitcoin Marketplace to Integrate Ethereum TradingCryptoCoinsNews
China’s bitcoin market alive and well as traders defy crackdownReuters
Business Insider –CoinDesk –CoinTelegraph
all 142 news articles »

New York Times

Bitcoin Bug Bites Japan and South Korea as China Clamps Down
New York Times
Since Bitcoin was created in 2009, it has become increasingly popular around the world because of its anti-establishment appeal — a virtual currency that is challenging governments and financial institutions. But in South Korea and Japan, the ...
Bitcoin suffers another setback as South Korea bans ICOsDigital Trends
Germany's Biggest Bitcoin Marketplace to Integrate Ethereum TradingCryptoCoinsNews
China's bitcoin market alive and well as traders defy crackdownReuters
Business Insider -CoinDesk -CoinTelegraph
all 142 news articles »

Chinese money dominates bitcoin, now its companies are gunning for blockchain tech – Quartz


Quartz

Chinese money dominates bitcoin, now its companies are gunning for blockchain tech
Quartz
It’s a sweltering summer night when I’m invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I’ve just returned from visiting one of the world’s largest bitcoin mines and find myself at a gathering of
Markets Update: Bitcoin Prices See Some Uptrend During the …Bitcoin News (press release)
Bitcoin: Chinese investors bemoan Beijing’s bitcoin crackdown – The …Economic Times

all 4 news articles »


Quartz

Chinese money dominates bitcoin, now its companies are gunning for blockchain tech
Quartz
It's a sweltering summer night when I'm invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I've just returned from visiting one of the world's largest bitcoin mines and find myself at a gathering of ...
Markets Update: Bitcoin Prices See Some Uptrend During the ...Bitcoin News (press release)
Bitcoin: Chinese investors bemoan Beijing's bitcoin crackdown - The ...Economic Times

all 4 news articles »

Rhea Token sale starts on Monday 2nd October

Rhea is launching the Crypto20 trading platform, a capitalization index of the top 20 cryptocurrencies enabling investors to hedge their investments across a range of the top rated, by market cap, cryptocurrencies. The Rhea ICO will begin on Monday, October 2nd. Simplifying Crypto Investing with Rhea and the Crypto20 Cryptocurrency investment can be a minefield … Continue reading Rhea Token sale starts on Monday 2nd October

The post Rhea Token sale starts on Monday 2nd October appeared first on NEWSBTC.

Rhea is launching the Crypto20 trading platform, a capitalization index of the top 20 cryptocurrencies enabling investors to hedge their investments across a range of the top rated, by market cap, cryptocurrencies. The Rhea ICO will begin on Monday, October 2nd. Simplifying Crypto Investing with Rhea and the Crypto20 Cryptocurrency investment can be a minefield … Continue reading Rhea Token sale starts on Monday 2nd October

The post Rhea Token sale starts on Monday 2nd October appeared first on NEWSBTC.

Paycent- Enabling Everyone in the Payment Chain

Paycent is a global mobile dual e-wallet that can be funded with cryptocurrencies and fiat, all within the same application. Paycent is continuously expanding into the fiat ecosystem, having partnership talks with several governments, banks, and companies. The company already has a live working product and committing to keep improving the Paycentos Wallet. The application … Continue reading Paycent- Enabling Everyone in the Payment Chain

The post Paycent- Enabling Everyone in the Payment Chain appeared first on NEWSBTC.

Paycent is a global mobile dual e-wallet that can be funded with cryptocurrencies and fiat, all within the same application. Paycent is continuously expanding into the fiat ecosystem, having partnership talks with several governments, banks, and companies. The company already has a live working product and committing to keep improving the Paycentos Wallet. The application … Continue reading Paycent- Enabling Everyone in the Payment Chain

The post Paycent- Enabling Everyone in the Payment Chain appeared first on NEWSBTC.

After Months of Build-Up, BlockMason’s Credit Protocol Token Sale Set To Begin

Just two months after BlockMason revealed their first fully-functional application, Friend in Debt, the startup is set to begin their highly anticipated token sale for the Credit Protocol. The last several weeks have seen BlockMason release a number of high-profile announcements, including the addition of Anthony Di Iorio, founder of Jaxx and co-founder of Ethereum, … Continue reading After Months of Build-Up, BlockMason’s Credit Protocol Token Sale Set To Begin

The post After Months of Build-Up, BlockMason’s Credit Protocol Token Sale Set To Begin appeared first on NEWSBTC.

Just two months after BlockMason revealed their first fully-functional application, Friend in Debt, the startup is set to begin their highly anticipated token sale for the Credit Protocol. The last several weeks have seen BlockMason release a number of high-profile announcements, including the addition of Anthony Di Iorio, founder of Jaxx and co-founder of Ethereum, … Continue reading After Months of Build-Up, BlockMason’s Credit Protocol Token Sale Set To Begin

The post After Months of Build-Up, BlockMason’s Credit Protocol Token Sale Set To Begin appeared first on NEWSBTC.

Senate 2018 Budget Adds $1.5 tln to National Debt: Bitcoin Bubble? – CoinTelegraph


CoinTelegraph

Senate 2018 Budget Adds $1.5 tln to National Debt: Bitcoin Bubble?
CoinTelegraph
Multiple analysts have pointed out that as long as Bitcoin continues to increase in use cases and liquidity, the price per Bitcoin will inevitably increase. Just as the Federal Reserve has printed money to maintain a debt ratio, Bitcoin’s stability


CoinTelegraph

Senate 2018 Budget Adds $1.5 tln to National Debt: Bitcoin Bubble?
CoinTelegraph
Multiple analysts have pointed out that as long as Bitcoin continues to increase in use cases and liquidity, the price per Bitcoin will inevitably increase. Just as the Federal Reserve has printed money to maintain a debt ratio, Bitcoin's stability ...

Senate 2018 Budget Adds $1.5 tln to National Debt: Bitcoin Bubble?

Senate budget committee releases proposed 2018 budget which includes $1.5 tln in additional national debt…which makes Bitcoin fixed supply seem stable.

Senate budget committee releases proposed 2018 budget which includes $1.5 tln in additional national debt…which makes Bitcoin fixed supply seem stable.

Sweden Poised to Become Leading Scandinavian Cashless Society through Bitcoin – CoinTelegraph

CoinTelegraphSweden Poised to Become Leading Scandinavian Cashless Society through BitcoinCoinTelegraphWhile this is seen as a good sign for digital currencies on a new progressive frontier, it brings issues, such as privacy concerns, when every transa…


CoinTelegraph

Sweden Poised to Become Leading Scandinavian Cashless Society through Bitcoin
CoinTelegraph
While this is seen as a good sign for digital currencies on a new progressive frontier, it brings issues, such as privacy concerns, when every transaction is surveyed. Nevertheless, the country is still rooting for Bitcoin as the answer to provide ...

US State Department to Host Blockchain Forum on October 10

It is the US State Department that explores both the policy implications and potential applications of the tech within the context of US diplomatic efforts.

It is the US State Department that explores both the policy implications and potential applications of the tech within the context of US diplomatic efforts.

Bahrain is Eyeing at Becoming Middle East Pioneer in Blockchain

Bahrain is “open to Bitcoin” in response, stated Rumaihi to a query made at the MIT Innovation Forum last Wednesday in the country’s capital city Manama.

Bahrain is “open to Bitcoin” in response, stated Rumaihi to a query made at the MIT Innovation Forum last Wednesday in the country’s capital city Manama.

Chinese Scientists “Roll Back” Human Embryo DNA to Remove Genetic Diseases

TheMerkle Embryo DNA EditingIn life, there are certain topics most people would rather avoid discussing. When it comes to performing surgery on human embryos, a lot of people would rather not give it a second thought. However, Chinese researchers may have found a way to remove diseases before a person is even properly born. It is a major breakthrough in the world of healthcare, although additional research is still needed. Chemical Surgery on Human Embryos Despite the marvels of technology, it is evident there are many areas of human development that we have yet to fully comprehend. We do know some people are born with genetic diseases which

TheMerkle Embryo DNA Editing

In life, there are certain topics most people would rather avoid discussing. When it comes to performing surgery on human embryos, a lot of people would rather not give it a second thought. However, Chinese researchers may have found a way to remove diseases before a person is even properly born. It is a major breakthrough in the world of healthcare, although additional research is still needed.

Chemical Surgery on Human Embryos

Despite the marvels of technology, it is evident there are many areas of human development that we have yet to fully comprehend. We do know some people are born with genetic diseases which impact their chance of living a long life. Finding cures can often only be done after birth, which is not a foolproof method by any means. Chinese researchers have been looking at ways to come up with solutions to these conundrums. Their latest technique involves base editing the genetic code of human embryos.

Granted, this concept sounds a lot like meddling with things that aren’t ours to interfere with in the first place. Modifying human DNA is a topic of substantial debate, for obvious reasons. Playing God is not something modern science should allow by any means, even though this research certainly makes for a very compelling argument. More specifically, being able to correct “errors” in human DNA in order to preclude disease is worth exploring, at least.

The first question when discussions like these arise is what else modern science is capable of when modifying human embryo DNA. After all, removing genes which are known to cause disease is one thing, but what if such a technique were used for implanting diseases or other “traits” as well? Using chemical surgery to achieve this goal would be an interesting way of going about things. Base editing alters the fundamentals of DNA, but it seems the potential for such invasive measures is still limited in terms of negative repercussions.

In a way, it is good to see a feasible solution to roll back “bad” building blocks found in human DNA. Curing genetic disease will allow future generations of humans to live longer, which can only be considered a good thing. While these studies are still in the very early stages, a successful trial has already been conducted. Just last week, researchers removed Beta thalassemia, a blood disorder, from an embryo. Other inherited diseases should theoretically be treatable in a similar manner.

It is worth mentioning that this experiment was not conducted on a “living” human embryo. Instead, the team created its own human embryo to successfully perform this experiment. It is a revolutionary way of solving some major health issues, even though gene-editing will always be met with criticism. CRISPR is by far one of the more advanced forms of gene-editing to date, as it breaks DNA in order to insert new genetic information.

So far, the scientific community is rather warm toward this new development. Some people have gone as far as calling it “ingenious”, although the general public may not necessarily feel the same way. Doing some more testing on animal embryos may have been a better course of action, rather than moving on to human embryos right away. Scientists will continue to explore ways to manipulate human DNA; that much is rather evident. These methods will not be used clinically in the near future, though.

Bitcoin Core Developer Appeals to SEC Regarding BIT – Bitcoin News (press release)


Bitcoin News (press release)

Bitcoin Core Developer Appeals to SEC Regarding BIT
Bitcoin News (press release)
Matt Corallo, “a long-time developer of bitcoin”, posted a comment to the United States Securities and Exchange Commission (SEC) regarding a “proposed rule change relating to the listing and trading shares of the Bitcoin Investment Trust [(BIT)] under

and more »


Bitcoin News (press release)

Bitcoin Core Developer Appeals to SEC Regarding BIT
Bitcoin News (press release)
Matt Corallo, “a long-time developer of bitcoin”, posted a comment to the United States Securities and Exchange Commission (SEC) regarding a “proposed rule change relating to the listing and trading shares of the Bitcoin Investment Trust [(BIT)] under ...

and more »

Zk-Starks Are the Next Logical Evolution of Privacy-Centric Features for Blockchains

TheMerkle Privacy zk-starksMost cryptocurrency users are more than familiar with the concept of zk-snarks. Although such technological tools may improve overall cryptocurrency privacy, there is a new contender on the block. zk-starks, as the concept is known, will serve as a trustless solution allowing any blockchain in the world to provide anonymity services to users. It’s an interesting concept that deserves a closer look. What is the Deal With Zk-starks? While the concept of zk-snarks is pretty interesting, the technology still seemingly requires a significant amount of trust. That is more than fine with some people, but there are others who will look for truly

TheMerkle Privacy zk-starks

Most cryptocurrency users are more than familiar with the concept of zk-snarks. Although such technological tools may improve overall cryptocurrency privacy, there is a new contender on the block. zk-starks, as the concept is known, will serve as a trustless solution allowing any blockchain in the world to provide anonymity services to users. It’s an interesting concept that deserves a closer look.

What is the Deal With Zk-starks?

While the concept of zk-snarks is pretty interesting, the technology still seemingly requires a significant amount of trust. That is more than fine with some people, but there are others who will look for truly anonymous and trustless solutions first and foremost. Although it remains to be seen if such things can even be achieved in the first place, the concept of zk-starks certainly shows there is room for improvement in the future.

zk-snarks are a technological feature we see in Zcash which will also be implemented in Ethereum at some point. Most people may not know zk-snarks are based on a complex concept which was first concocted over three decades ago. Zero-knowledge proofs allow users to verify whether statements are correct without receiving more than a true-or-false piece of information. It sounds very simplistic, but getting the concept right has proven pretty difficult.

Bringing this idea to blockchain-based currencies has also proven somewhat tricky. In fact, the first currency to make some progress in this regard is ZCash, although it is often criticized for its reliance on a “trusted setup”.  Then again, the ZCash developers never said their implementation was perfect by any stretch of the imagination. In its current form, there is a very real chance the ZCash implementation is subject to tampering, which is not what anyone likes to see.

Even to this day, the ZCash code is still being audited and modified to make the implementation better. zk-starks are seemingly the new evolution of this anonymity-focused concept, according to a group of Monero enthusiasts. It is a very bold claim and one that will require significant evidence to be backed up, to say the least. If this concept is viable, it will be not only faster and more secure, but also cheaper and more scalable. There is a lot of potential in this solution, although no one should expect to see this concept come to market in the near future either.

Indeed, we have no real idea how zk-starks are supposed to work in the first place. Only one aspect of the concept has been disclosed to the public so far, which shows there are still more questions than answers at this point. We do know the zk-starks solution will remove the need for a master key associated with this implementation. Right now, zk-snarks still require such a key, which may or may not be destroyed.

In a way, it is not entirely surprising to see Monero enthusiasts coming up with such a solution that may trump other privacy and anonymity solutions available today. Monero has a major leg up over other currencies as it is the only currency to effectively achieve privacy and anonymity to this day. That being said, there is always a need for better features and more privacy, which is where zk-starks could come into the picture. It will be interesting to see whether or not any major collaborations come to be in this regard.