Archive | N-Technology

Mobile Payment Company Square Launches In-app Bitcoin Buy/Sell Option

This Wednesday Jack Dorsey, the CEO of the payment processing firm Square, revealed the company’s Cash App users can now purchase and sell bitcoin. Back in November the Square Cash App’s bitcoin functionality was only available to select individuals for experimentation. Now, most of the app’s users can access the ability to buy and sell […]

Report Finds Correlation Between USDT Issuances and BTC Price Moves

The Tether Report, a pseudonymously authored analysis examining the speculative assertion that bitcoin price volatility is highly correlated to the issuance of new USDT, has claimed that approximately 48.8% of bullish price movements have occurred within the two-hours immediately following ninety-one individual Tether grants. Also Read: Vouching Bitfinex and Tether’s Bank Accounts Hold Nearly $3 Billion […]

Hong Kong Hacker Arrested in Blackmail for Bitcoin Case

A suspect in a case involving hacking, blackmailing and Bitcoin has been arrested in Hong Kong. A 30-year-old computer technician has been taken in custody in connection with cyberattacks against two travel agencies. The man risks years of imprisonment. Personal data of customers was held for ransom. Tour operators were asked to pay 1 Bitcoin […]

Three Times as Much Bitcoin Cash Has Been Claimed as Bitcoin Gold

The public’s appetite for forked coins seems to be diminishing. Data shows that around 6.6 million BCH has been claimed to date, compared to just 2.2 million BTG. There’s still time for more bitcoin gold to be claimed, but thus far most holders have been deterred from doing so. Reasons include BTG’s low value compared […]

Segwit Integration is Set to Increase with Bitfinex Next on the List

Segwit wallet integration has been bumped to the top of Bitfinex’s to-do list, with an exchange staffer declaring that the job should be completed next week. Despite the scaling technology having been available since August, a number of exchanges have dithered. Now, there are signs that progress is being made in activating BIP141. Also read: Initial […]

One of the World’s Largest ATM Manufacturers Announces Bitcoin Support

Buying bitcoin just keeps getting easier, with vendors of all kinds adding support for the cryptocurrency. Just days ago, Square revealed they were adding the ability to buy BTC within their app. Now Hyosung have gotten in on the act by launching bitcoin ATM support. Soon, customers of the firm’s ATM machines will be able […]

Half a Billion Dollar ICO Tezos Stung by Second Lawsuit in Under a Month

Tezos, a company with over half a billion dollars in crypto assets, have been rocked by yet another lawsuit. Following a record-breaking ICO four months ago, founders Arthur and Kathleen Breitman have endured a torrid time after falling out with the head of the Tezos Foundation. Concerned investors filed a class action lawsuit on October 25. […]

Bitmex Launches Bitcoin Cash Futures and Announces BCH Distribution

Bitmex traders can now speculate on the price of bitcoin cash after the exchange activated futures trading. As a consequence, 20x leveraged trading is now live under the $BCHX17 ticker. The exchange has also announced that it will be selling the BCH holders were entitled to and distributing it in the form of BTC. The […]

Craig Wright Pushes For 1GB Blocks to Attain Visa-Level Bitcoin Scaling

Craig Wright, the man who famously claimed to be Satoshi Nakamoto, is back in the news again. This time he’s weighed into the bitcoin scaling debate, which is becoming increasingly politicized. In a post entitled “Scaling Bitcoin and what some will do to stop this”, he refutes sceptics who believe that bitcoin can’t scale to […]

Why Aren’t There More Women in Bitcoin?

Take a look around the crypto community, both in meatspace and online, and it would be fair to say that the majority of participants are male. This is borne out in a recent survey of 2,000 Americans which shed light on the makeup of the bitcoin space, highlighting a stark gender divide. In fact Google […]

North Korean Hackers Ramp Up Malware Attacks Against Bitcoin Exchange Staff

Malware targeted against cryptocurrency users is becoming increasingly prevalent, a new report shows. Attacks are also getting more sophisticated, with enterprising hackers less focused on cryptocurrency holders and more intent on directing their firepower at bitcoin exchanges. The blame for such intrusions is being directed firmly at North Korea, where many of the attacks are […]

The Only Winner in the Mt Gox Trial is Mark Karpeles

The net worth of Mark Karpeles could run into the hundreds of millions of dollars thanks to a 200,000 stash of bitcoins the disgraced CEO is still sitting on. Those coins are the subject of ongoing legal proceedings in Japan which could see claimants receive less than $500 per coin for their losses. With over […]

With Segwit2X Called Off, Crypto Developers Get Back to Work

Over the past few weeks, a fog of uncertainty over bitcoin’s direction has forced a number of crypto projects to grind to a halt. Everything from blockchain development to token generation events has been on ice while the machinations surrounding the Segwit2X hard fork played out. Following yesterday’s news that the proposal had been abandoned, […]

Bitpico Claims Segwit2X is Still Alive Despite All Evidence to the Contrary

Reports of 2X’s death have been greatly exaggerated. That’s according to a statement issued by little-known mining group Bitpico. In a defiant message that appeared on a mailing list, Bitpico claimed to control 30% of the network hashrate and to be pressing ahead with the B2X fork regardless. Also read: Closing the Curtains On Segwit2x […]

Fork Debate Drops to New Low, Outspoken Developer Lopp’s Home Surrounded by Police

Debate is a central part of the cryptocurrency community at large. Open forums such as Bitcoin.com have fostered mostly healthy fork debate about Bitcoin’s future. It appears at least one participant wished to stifle debate, and in a horrible way.  Also read: Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough Fork Debate Turns Ugly and Dangerous […]