Bitcoin Made Busting Dark Child Porn Ring Easy For US Justice Department

Bitcoin is a potentially world-changing financial technology, designed by the mysterious Satoshi Nakamoto. But Bitcoin also brought with it the birth of blockchain – distributed ledger technology that may not be world-changing, but certainly can redefine and improve upon certain industries. The technology makes tracing transactions especially simple, but cryptography keeps the account owner’s personal …

Bitcoin Hash Rate Heading to 100 EH/s: How Price, Halving and Security Are Involved

This article was originally published by 8btc and written by Vincent He. Computing power does not determine the price of cryptocurrency — on the contrary, the price of cryptocurrency affects computing power. Recently, there has been a heated discussion about Bitcoin’s hash rate with many people looking forward to seeing it break 100 exahashes per …

Ethereum (ETH) is Becoming a “Centralized Cult”

The Ethereum (ETH) leadership is showing signs of becoming a force to be reckoned with, commented bitcoin pioneer Nick Szabo. While Ethereum was inherently democratic, the need to perform a series of hard forks and upgrades has put the developer team in charge. Ethereum Developers Steer Transfer to ETH 2.0 Now, Ethereum has unrolled once …

DropBit Adds Lightning Network Support

DropBit, a bitcoin wallet and payment service provided by CoinNinja, allows you to send bitcoin to people who don’t own any. Now, it’s using Lightning Network to beef up its self-stylized role as the Venmo for bitcoin. Revealed exclusively to Bitcoin Magazine ahead of a public announcement, the DropBit app has built out its own …

Bitcoin Price Consolidation, And The SEC Spoils The Party

Japan was hit by Typhoon Hagibis this weekend, causing devastation and affecting both the Japanese Grand Prix and Rugby World Cup. So what has been causing devastation and affecting bitcoin and cryptocurrency markets for the past week? Bitcoin Price: Consolidation Station So it seems we are back in a consolidation phase, albeit around the lower …

Telegram Token Sale Rejected by SEC

The long-awaited crypto token sale from the Russian messaging platform Telegram has hit a wall in the form of the US Securities and Exchange Commission. The regulator has filed an emergency action and received a restraining order for the $1.7 billion planned ICO. Continued Crypto Crackdown US regulators are showing no signs of relaxing their …

Miners May Be Perpetuating Bitcoin Volatility as Analysts Anticipate Significant Drop

After finding some stability following its bullish upwards movement earlier this week, Bitcoin’s momentum has faltered and is showing bearish signs that may point to an underlying weakness amongst BTC’s bulls. Analysts are now noting that they anticipate a significant downwards movement for Bitcoin in the near-term and are also noting that there may be …