Category: News

Coinhive Miner Proliferating

Coinhive Miner Proliferating Exponentially

Launched on the 14 of September, Coinhive is a relatively new website JavaScript plugin that garnered some interest from the cryptocurrency community. However, over the past month, it has grown at a near exponential rate and is mining vasts amounts...

/ October 20, 2017
Second Hand Mining GPUs China

China Sees Surge of Second Hand Mining Equipment for Sale

Maybe it was the government’s actions that spooked them. Perhaps the rigs were not able to mine as efficiently anymore. Whatever the reason, we are seeing an influx of mining equipment hitting the second hand shelves in China. This is...

/ October 19, 2017
ZSL Implementation Quorum

JPMorgan’s Quorum Blockchain Integrates ZK-Snark Technology

The team at Zcash, the privacy focused cryptocurrency have announced that they have successfully integrated their zero-knowledge security layer (ZSL) into JP Morgan’s enterprise blockchain, Quorum. ZCash was the first cryptocurrency to make use of privacy enhancing technology called zk-snarks....

/ October 18, 2017
Bernanke Praises Blockchain

Bernanke Praises Blockchain, Discredits Bitcoin

It was indeed an interesting talk by the former head of the Federal reserve. Speaking at the Ripple swell conference being held in Toronto, Ben Bernanke appears to have taken quite a bullish tone towards blockchain. He also made it...

/ October 17, 2017
Bitcoin Transaction Fees Fall

Bitcoin Fees Drop as SegWit Implementation Reaches 14.5%

SegWit transactions are taking hold. Last week the percentage of SegWit enabled transactions went from 9% to 14.5%. This had the effect of also decreasing the Bitcoin transaction fees as well as the size of Bitcoin blocks. You can see...

/ October 16, 2017
Ripple Court case R3

Ripple Claims Premature Victory over Court Case

Ripple, the blockchain based payment protocol is declaring victory against the R3 consortium. The judge in the US state of Delaware threw out the case that was brought against Ripple whereby R3 claims they had the right to buy a...

/ October 15, 2017
Jamie Dimon Speaking Bitcoin

He Can’t help Himself: Jamie Dimon Trashing Bitcoin again

Like a jealous ex-lover who can’t seem to see their ex doing well without them, Jamie Dimon is back to bashing his favourite target. Yesterday he came out and claimed that Bitcoin investors were “stupid”. He seems to have a...

/ October 14, 2017
Christine Lagarde Bitcoin

IMF Head: Cryptocurrencies About to Cause “Massive Disruption”

It has come from one of the most unlikeliest of allies. The head of the organisation that is most associated with global financial elites has admitted the massive potential of cryptocurrencies. Christine Lagarde, the head of the International Monetary fund...

/ October 13, 2017
F2Pool Pulls out NYA

F2Pool Bitcoin Mining Pool pulls Support for SegWit2X

Yet another mining pool has decided to pull support for the SegWit2X hardfork in November. This is quite significant as a hardfork can only be acheived if there is near unanimous miner support. This is also probably why there has...

/ October 13, 2017
Ethereum Byzantium HardFork

Get Ready for the Ethereum Byzantium Hard Fork

The hardfork on the Ethereum network called Byzantium has now officially been set. It will occur at block number 4.37m which is likely to be at between 12:00 and 13:00 UTC on Monday the 16th of October. This is on...

/ October 12, 2017