Archive | bitcoin

‘Coindaddy’ Another Crypto-Rapper Rhymes About Bitcoin Life

Just last month news.Bitcoin.com chatted with the hip-hop artist ‘Lil’ Windex’ the Canadian rapper who made headlines last month for his rhymes about bitcoin cash. Now there is another rapper, from San Francisco, called ‘Coindaddy,’ an artist who has been coined a “Weird Al Yankovic” of cryptocurrency rap. Also read: An In-Depth Interview With Rob Hustle […]

Bitcoin Mining Could Become Unprofitable for the Majority

With Bitcoin’s price back above USD 8,000 that still doesn’t promise a bright future for the cottage industry of miners. Miners use GPU‘s or ASIC‘s to solve an algorithm and contribute to the verification of transactions on the network. A reward is issued in the form of digital currency for the hashing power they have supplied. If Bitcoin was to […]

Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased

A global study of cryptocurrency purchases made by users of Visa, Mastercard, and Unionpay cards shows that 89% of respondents are knowledgeable about crypto and 53% have purchased some in the past 12 months. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space A Global Study Global payment service provider Worldcore reportedly conducted a study […]

Lightning “Critic” Peter Todd Confirms Bitcoin’s Scaling Solution is Maturing

There is a good reason why so many people test the Lightning Network in a controlled environment. Peter Todd has a checkered past when it comes to Bitcoin’s premier scaling solution. After months of issues and doubts, it now seems he has finally made some progress. This is partially thanks to the hard work by… […]

Russian Supreme Court Forces Local Court to Review Bitcoin Website Blockade

Bitcoin and Russia have been at odds for quite some time now. The Eurasian nation has made its dislike for Bitcoin rather apparent. This culminated in a lot of Bitcoin-related websites being blocked by ISPs. The Supreme Court of Russia now forces the St. Petersburg City Court to review the appeal against this blockade. Russian… […]

Bitcoin Price Watch: Currency Rises to $8,800

The bitcoin price is now up by approximately eight percent since the beginning of the week. At press time, the currency is trading for over $8,800, and $9,000 by Monday seems like a done deal granted bitcoin can keep up its current momentum. “We believe that the ‘winter’ is ending for bitcoin,” say Fundstrat Global […]

Cheapair.com Considers Bitpay as Coinbase Terminates Merchant Processing Solutions

Cheapair.com is asking for customer feedback on using Bitpay to process bitcoin payments as its existing processor, Coinbase, is getting out of that business at the end of the month. Cheapair.com has also revealed additional plans for cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Problem Travel booking website Cheapair.com has been […]

Wikileaks Calls for Global Blockade of Coinbase After Its Shop Was Blocked

Wikileaks announced that Coinbase has blocked its official Wikileaks shop without notice or explanation. The organization will all for a global blockade of the cryptocurrency exchange and payment processor “as an unfit member of the crypto community.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Quits Wikileaks Wikileaks announced on Friday that “Coinbase […]

Largest Bitcoin Brokerage Coinbase Blocks WikiLeaks Purchases

There are always intriguing and worrisome developments in the world of cryptocurrency. WikiLeaks is running into some problems as we speak. Despite accepting cryptocurrency as a donation option, Coinbase is refusing to process these transactions. Direct Bitcoin deposits still work fine at this time. Coinbase Makes an Odd Decision Any payment processor associated with cryptocurrencies… […]

WikiLeaks Shop Sees Coinbase Account Suspended

WikiLeaks has reported on Twitter that its merchandising subsidiary, WikiLeaks Shop, has had its account blocked with Coinbase, one of the world’s largest cryptocurrency exchanges. The Tweet shows an alleged email from Coinbase stating that WikiLeaks Shop had violated the cryptocurrency exchange’s terms of service, although as yet the exchange has made no further comment on […]