Scale with the Lightning Network

Time for Bitcoin to Scale with the Lightning Network

Many may be slightly relieved that the contentious hardfork to increase the blocksize limit was averted, broader questions around scaling now need to be answered. Many of the concerns that were present before the fork have raised their head again....

/ November 13, 2017
North Korean Exchange Phishing

North Korean Hackers Target Staff at South Korean Exchanges

North Korea has long been an active hacking force with names such as the “Lazarus Group” being well known in cyber security circles. We have previously covered the attempts by North Korean hackers to infiltrate South Korean exchanges through security...

/ November 12, 2017
GPU Mining Basics

GPU Mining Basics: Making Cryptocurrency Mining Available to Everyone

By now, you’ve likely heard of the up-start Bitcoin Gold team’s mission to “Make Bitcoin Decentralized Again.” This meme refers to how the BTG devs are trying to return GPU (graphics processing unit) mining to a Bitcoin chain. So, for...

/ November 11, 2017
Lightning Network Decentralised Betting

Using The Bitcoin Lightning Network for Decentralised Betting

At the Scaling Bitcoin conference at Stanford university last week, one of the most interesting talks was by Tadge Dryja from the MIT Digital Currency Initiative. His talk was on a concept called discreet log contracts which is a kind...

/ November 11, 2017
Bitcoin Cash (BCH) Surging

Bitcoin Cash (BCH) Surging: A Quick 101 on Bitcoin’s Rival Bitcoin

As Bitcoin’s (BTC) dropped $1,000 over the past several hours, Bitcoin Cash (BCH)—the cryptocoin that split off during the highly contested August 1st hard-fork—has conversely surged. At press time, Bitcoin Cash is up a whopping 30% from yesterday, November 9th....

/ November 10, 2017
Death of SegWit2X HardFork

The Crypto Community Reacts to Death of SegWit2X HardFork

Over the past few years, Bitcoin has been embroiled in a number of disagreements regarding scalability and transaction cost issues, with stakeholders struggling to reach a general consensus on the most viable solutions. This resulted in the New York Agreement,...

/ November 10, 2017
Need to Enable SegWit Support

Why Bitcoin Companies Need to Enable SegWit Support

The Bitcoin SegWit2X hardfork is now dead. While many breathed a sigh of relief that the contentious hardfork was taken off the cards, the community needs to address the underlying issue – transaction fees. Although many wanted to take the...

/ November 10, 2017
Crypto Tax Primer

As Crypto Craze Grows, So Too Do Tax Implications: a Brief Tax Primer

As the altcoin market rebounds with the indefinite cancellation of Bitcoin’s controversial SegWit2x update, many of us in the crypto community are “in the green”—our portfolios have started to see gains across the board. And while these gains naturally have...

/ November 9, 2017
Can Cryptocurrency loans Transform Credit?

Can Cryptocurrency Loans Transform Credit?

The potential applications of blockchain continue to grow, almost by the day. The technology is making its presence felt across an ever increasing range of fields and perhaps most profoundly in the financial sector. Indeed, if blockchain technology had so...

/ November 9, 2017
Ethereum Community Split Parity

Ethereum Community Split on Response to Parity Exploit

Two days ago, the biggest exploit on an Ethereum smart contract took place. An amatuer developer managed to take control of some Parity multisig wallets and proceeded to accidentally kill referencing libraries. This had the effect of freezing over $150m...

/ November 9, 2017