Category: Cryptocurrency

China is actually more accepting of Bitcoin than most people would expect. While financial institutions aren’t allowed to hold or trade the digital currency, private parties are. In fact, the country has been interested in the idea of Bitcoin for a while now, and its central bank has been researching digital currency technology since 2014, with… Continue reading China is developing its own version of Bitcoin

Mike Hearn has been a prominent part of the Bitcoin community for years, even going so far as to walk away from a job at Google in order to work on the digital currency full-time, but now he’s done. Hearn recently took to Medium to express his frustration with the Bitcoin community, and made it clear that he’s always… Continue reading One of Bitcoin’s top developers believes it’s a failed experiment

Satoshi Nakamoto isn’t a name that many people will recognize, and that’s exactly how the incredibly secretive creator of Bitcoin wants it to be. We don’t even know if Nakamoto is a person or a group of people, but what we do know is that he/they created Bitcoin, and Bhagwan Chowdhry, a Professor of Finance at UCLA Anderson School, has… Continue reading The secret creator of Bitcoin has been nominated for a Nobel Prize

It’s hard being a Bitcoin supporter when criminals are constantly damaging the digital currency’s reputation with their illicit activities, but like it or not, they come with the package. A significant chunk of the people who first adopted Bitcoin did so to support their illegal activities, and many of the currency’s top users do the… Continue reading Criminals are holding back some of the world’s most revolutionary tech

Last night, some rumors began circulating which claimed that Uber was planning to announce that it’ll now be accepting Bitcoin payments. These rumors came after a Reddit user posted a cryptic interaction with one of Uber’s representatives and, as I’m sure you can imagine, crytocurrency enthusiast everywhere started getting excited. Unfortunately, the company came forward earlier today to tell us flatly… Continue reading It looks like the rumors that Uber would accept Bitcoin were false

You don’t hear much about Bitcoin nowadays, at least not as much as we used to, but that doesn’t mean there isn’t anything going on with the cryptocurrency. In fact, Coinbase has launched a new way for users to buy and sell Bitcoin instantly without needing to worry about price fluctuations. Known as Instant Exchange, this new… Continue reading You can now buy and sell Bitcoin instantaneously thanks to Coinbase

It’s been a while since we hear anything big about Bitcoin, but that doesn’t mean people have forgotten about the digital currency. In fact, one of the world’s most well-funded Bitcoin startups is working on a way to bring Bitcoin ming, which is the process through which Bitcoin is created, to smartphones. The world’s best-funded… Continue reading Smartphones may soon become Bitcoin mining machines

Having a centralized Bitcoin wallet it useful and all, but considering how many of these services have suffered security breaches of varying severity of the years, they may not be the best places to stash your digital currency. So what are you supposed to do when you have a non-physical currency that you don’t want… Continue reading What if you could store your Bitcoins safely in your pocket?