Bitcoin Mining Pool ViaBTC Says No to Segwit

Bitcoin Mining Pool ViaBTC Says No to Segwit Following a previous announcement by F2Pool that they are now to signal for segregated witnesses (segwit), ViaBTC has publicly reiterated they do not support segwit for a number of reasons. The bitcoin mining pool says: SegWit, which is a soft fork solution for malleability, cannot solve the capacity…

Details

Malicious ISP Can Intercept Bitcoin Traffic: Study

Malicious ISP Can Intercept Bitcoin Traffic: Study   Researchers have found that the extreme efficiency of Internet routing attacks and the centralization of the Bitcoin network in few networks worldwide could make it susceptible to routing attacks. Their submission is based on two identified characteristics that may make it relatively easy for a malicious Internet…

Details

Antpool’s Litecoin Mining Hashrate Increases Unexpectedly

Antpool’s Litecoin Mining Hashrate Increases Unexpectedly   On April 17, Bitmain’s mining pool Antpool’s hashrate abruptly surged by around 150 percent in a period of few hours, from 200 to nearly 500 GH/S. Some members of the bitcoin community accused Bitmain of deliberately preventing the activation of Segregated WItness (Segwit) on Litecoin. As Coinbase Director…

Details

Land Registry: A Big Blockchain Use Case Explored

Land Registry: A Big Blockchain Use Case Explored   With distributed ledger technology being promoted as a benefit to everything from farming to Fair Trade coffee, use case investigation has emerged as a full-time fascination for many. In this light, one popular blockchain use case that has remained generally outside scrutiny has been land title…

Details

Can Bitcoin Be the Foundation of a Fairer Financial System?

Can Bitcoin Be the Foundation of a Fairer Financial System? According to one prominent economist, cryptocurrencies could make financial systems safer and more accessible to all. by Will Knight April 18, 2017 Bitcoin might be synonymous with libertarians and crypto-geeks, but it could help make the financial system more stable and more accessible for some…

Details

The Unbreachable Data Made Possible With Bitcoin & Ethereum Blockchain, Here’s How

The Unbreachable Data Made Possible With Bitcoin & Ethereum Blockchain, Here’s How MyBit, a Berlin-based startup, is utilizing the Ethereum and Bitcoin Blockchain networks to solve data manipulation. For decades, large-scale corporations in the industries of healthcare, finance and technology have struggled to secure, store and process data in a secure ledger. If most data…

Details

A New Tool Might Finally Make Banks Comfortable With Bitcoin

A New Tool Might Finally Make Banks Comfortable With Bitcoin   Bitcoin intelligence provider Elliptic is rolling out a program with California-based Silvergate Bank to analyze and screen possible nefarious activity on the bitcoin blockchain. The effort is focused on helping banks assess future bitcoin-based business clients. For banks, often the associated risks are deemed higher than the…

Details

After Bitfinex, Now OKCoin Suspends USD Deposits

After Bitfinex, Now OKCoin Suspends USD Deposits   Following Bitfinex’s freezing of wire transfers, major Chinese exchange OKCoin has followed suit, requesting customers to stop sending in fiat. A circular to customers reproduced on Reddit states: Starting from today (April 18, 2017), Okcoin would temporarily suspend USD deposit because of the issues with intermediary banks.…

Details