Bitcoin

6 Trends in Blockchain and Cryptocurrencies I Learned at San Francisco Blockchain Week

The cryptocurrency market has experienced a massive selloff in 2018, bursting the bubble that reached a peak when Bitcoin’s price hit near $20,000 per coin. Similarly to the burst of any bubble, the hysteria for cryptocurrencies has faded as the price declines – leaving many folks with painful losses and hurt feelings.

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Australia Post Provides Quick KYC for Bitcoin Exchange Users

An unlikely story of partnership between old and new is unfolding in Australia as Australia Post, the country’s 209-year-old snail mail delivery service is using digital identification technology to enable cryptocurrency exchanges to carry out KYC checks in a matter of minutes, thereby vastly simplifying the process of purchasing crypto in Australia.

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Bitcoin Is 10 Years Old Today – Here’s a Look Back at Its Crazy History

Halloween 2018 marks the 10-year anniversary of the foundations of bitcoin, the world’s first cryptocurrency, an asset that can fairly claim to have altered perceptions of what can truly be considered an asset in financial markets.

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Bitcoin May Cause Catastrophic Climate Change by 2033, Study Warns

The increasing use of Bitcoin threatens a catastrophic escalation of climate change, a new study warns. Scientists say the amount of electricity involved in mining the cryptocurrency could boost global temperatures by more than two degrees by 2033.

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Bitcoin Predictions: As the World’s First Cryptocurrency Turns 10, What Does the Next Decade Hold?

On 31 October, 2008, in the midst of one of the worst financial crises the world had ever seen,a person or group by the name of Satoshi Nakamoto published a paperthat claimed to offer an alternativeto the traditional banking system.

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Bitcoin Could Theoretically Put Paris Climate Goals Out of Reach

If bitcoin were to become a true global transactional currency, the electricity needed to mine it alone would generate enough carbon dioxide to push the planet beyond 2 degrees Celsius of warming within a quarter-century. The creation of new bitcoin requires immense computational effort, and therefore enormous amounts of energy.

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VIDEO: The Bitcoin Story as Cryptocurrency Marks 10 Years

October 31, 2008 marked the birth of bitcoin. Ten years on, the world’s first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors. From its first evocation amid a global financial crisis, in a white paper written by Satoshi Nakamoto, an unknown pseudonym, bitcoin conveyed a political vision.

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VIDEO: What Do the Numbers Say About Consumers and Bitcoin?

According to a Mercator survey, 65% of consumers are aware of Bitcoin.When consumers were asked, “Have you opened a Bitcoin wallet?” In 2016 22% of respondents, aged 18-34 said yes, however, in 2017 only 12% of respondents said yes.

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IMF Issues Stark Warning Over Bitcoin and Crypto ‘Rapid’ Growth

The International Monetary Fund (IMF) has warned the rapid growth of bitcoin and cryptocurrency assets could create new vulnerabilities in the international financial system, as the world’s banks adjust to the recent bitcoin and blockchain boom.

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Bitcoin: 10 Years of Smoke and Mirrors

The end of this month, Oct. 31, 2018, will mark the 10th anniversary of the day that a link to a paper, authored by Satoshi Nakamoto, describing the digital currency called bitcoin was first publicly circulated. Jan.

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Bitcoin Takes a Step Toward Becoming a ‘Multi-Network’ Cryptocurrency

A proposal to radically expand the capabilities of bitcoin such that it would be able to add vast new features to its limited supply of cryptocurrency has arrived on testnet.

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Japanese Bitcoin Exchange Is Robbed of $60 Million Worth of Cryptocurrency

Japanese cryptocurrency exchange Zaif has been robbed of $60 million worth of digital coins, its parent company Tech Bureau announced. Zaif was hacked on September 14th during a two-hour time frame. Three days later, it uncovered server problems and began to investigate. By September 18th, it confirmed it was hacked and notified authorities.

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