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...
Trojan-linked spam messages look to steal bitcoins from MtGox victims
Jun 08, 2016 09:13 am UTC| Digital Currency
MtGox victims are still waiting patiently to reclaim their money that they lost when the Japanese bitcoin exchange collapsed in 2014. However, their ordeal seems to be far from over as now they are flooded with spam...
Silk Road 2.0 admin Brian Farrell sentenced to 8 years in prison
Jun 08, 2016 07:35 am UTC| Digital Currency
According to latest reports, Brian Farrell, a support manager and second-in-command on Silk Road 2.0 (SR2) that launched when the original Ross Ulbrichts Silk Road was seized in 2013, has been sentenced to 8 years in...
French political party Front National wants to ban bitcoin
Jun 08, 2016 05:04 am UTC| Digital Currency
The French right-wing party Front National seeks to ban the usage of virtual currencies including bitcoin in France as they want to protect the real economy in the country. Marine Le Pen, leader of the National Front...
Jaxx Bitcoin and Ethereum wallet adds support for The DAO tokens
Jun 07, 2016 12:10 pm UTC| Digital Currency
Decentral has announced that it has added support for The DAO tokens on Jaxx its multi-platform Bitcoin and Ethereum wallet. [W]ere pleased to announce that the next stage of our Jaxx DAO integration has gone live: our...
Class action lawsuit continues against KnCMiner despite bankruptcy filing
Jun 07, 2016 11:48 am UTC| Digital Currency
The news about KnCMiner, a bitcoin mining hardware company, filing for bankruptcy floated in the media not so long ago. Latest reports now suggest that a class action lawsuit filed against the startup is proceeding...
First Columbian bitcoin exchange Colbitex launches testnet
Jun 07, 2016 09:09 am UTC| Digital Currency
Columbias first bitcoin exchange Colbitex has released its platform in testnet mode last week. The exchange seeks to offer Colombian citizens a simple and efficient platform to exchange Bitcoin to Columbian pesos (COP),...