Bitcoin Cash: A New Version of Bitcoin Has Emerged
Aug09

Bitcoin Cash: A New Version of Bitcoin Has Emerged

The last few months have seen a massive growth in the demand for Bitcoin, putting a serious strain on those who mine it. This high level of demand prompted the Bitcoin community to find the best alternative so that the currency can withstand this intense pressure. Last week, they found a solution when they forked the Bitcoin blockchain to come up with a new cryptocurrency known as Bitcoin Cash. Forking created a duplicate of Bitcoin...

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Malta Now has a Bitcoin ATM
Jul28

Malta Now has a Bitcoin ATM

While cryptocurrency has been sweeping over the whole of the Western world over the past year, it was only a matter of time before it would hit the lesser-known parts of Europe. One such place is the picturesque archipelago of Malta. This sunny little nation has recently become an emerging market for the exchange and transactions of Bitcoin, and now Malta has established its first Bitcoin ATM, set up in Sliema. Local business leaders...

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Bitcoin News: South Korea Bitcoin Exchange Hacked
Jul13

Bitcoin News: South Korea Bitcoin Exchange Hacked

Bithumb, one of the biggest Bitcoin exchanges located in South Korea, has been hacked. Data from more than 30,000 customers has been compromised by the latest attack. South Korea is among the top Bitcoin trading countries of the world. The Internet Security agency is conducting an investigation into the matter, as many customers have claimed that they lost their money. The KISA, Korea Internet and Security Agency, is probing the...

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Bitcoin News: Bitcoin Exchanges Hit by DDoS Attacks
Jun20

Bitcoin News: Bitcoin Exchanges Hit by DDoS Attacks

Trust the professional hackers to reach where the action is the busiest. Undoubtedly, Bitcoin exchanges have virtually been on fire over the past few weeks, and the result is that there have been reports of attacks on many popular sites that engage in trading of the cryptocurrency. There has been a natural and organic growth in the number of people accessing these exchanges to try their hands at investing in Bitcoins and making some...

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Bitcoin Exchange OKCoin Suspends US Dollar Deposits
Apr29

Bitcoin Exchange OKCoin Suspends US Dollar Deposits

Bitcoin news sources report that Chinese cryptocurrency exchange OKCoin is the latest addition to the growing list of Chinese digital exchanges that have temporarily terminated US Dollar deposits. This announcement comes barely a week after the digital currency exchange announced the consolidation of their anti-money laundering requirements on April 10. In their announcement, the exchange cited issues with the intermediary banks in...

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Bitcoin News: BU Nodes Went Offline, Bug Discovered
Mar24

Bitcoin News: BU Nodes Went Offline, Bug Discovered

Around 70 percent of all nodes supporting the Bitcoin Unlimited (BU) scaling framework went offline after a fault and potential exploit on the code made the rounds on the internet. Node Counter provided real time statistics on the bitcoin news after noticing that the BU node count of 776 plummet to 245 in the span of a few minutes on March 14. The following day, the pro-BU statistics portal observed the number of available nodes shoot...

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