Canadian university paid bitcoins to ransomware hackers to restore data access
Jun 09, 2016 06:15 am UTC| Digital Currency
The University of Calgary in Canada paid bitcoins worth 20k Canadian dollars to ransomware hackers in order to restore access to data after hundreds of its computers were attacked. The university was unable to unwind...
Coinsource expands bitcoin ATM network in US
Jun 09, 2016 05:52 am UTC| Digital Currency
Coinsource, a leading Bitcoin ATM network, has set up its first bitcoin ATM in New Orleans, Louisiana, along with new machines in Newark and Jersey City, New Jersey, bringing its total number of machines to 35,...
Bitcoin transaction volume rises in Turkey after PayPal's exit
Jun 09, 2016 05:09 am UTC| Digital Currency
The volume of bitcoin online transactions has increased in Turkey after PayPal has stopped its operations in the country from June 6 following the non-approval of its license. According to a Turkish bitcoin exchange...
BlockCypher announces beta release of Ethereum web services
Jun 09, 2016 04:54 am UTC| Digital Currency
BlockCypher, blockchain web services company, has announced that it has added support for Ethereum, thereby becoming the first software company to offer both Ethereum and Bitcoin APIs on the same platform. Ethereum web...
New study analyses bitcoin system in transaction fee based environment
Jun 08, 2016 12:40 pm UTC| Digital Currency
A recent study conducted by Miles Carlsten at Princeton University under the supervision of Arvind Narayanan and contribution from Matt Weinberg, sheds light on the issues associated with the bitcoin ecosystem, including...
Blockchain to prove authenticity of luxury goods
Jun 08, 2016 12:37 pm UTC| Digital Currency
Raketa, the Russian PetrodvoretsWatchFactory is to introduce the blockchain technology into theproduction of physical goods in order to fight counterfeiting and prove the authenticity of luxury goods. The...
Revolution Banking 2016 conference addressed blockchain technology
Jun 08, 2016 10:12 am UTC| Digital Currency
Revolution Banking 2016 conference on technology, innovation and partnership in banking industry which was held in Madrid on May 10, addressed blockchain technology. Those experts who attended the conference agreed upon...
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