Central Banks Should Observe Blockchain, Says Japan’s Central Bank Official

  The Deputy Governor of the Bank of Japan, the country’s central bank, has stated that central banks around the world “will and have” to watch the progress and developments concerning digital currencies like Bitcoin and its underlying technology, the blockchain. Hiroshi Nakaso, a deputy governor of the Bank of Japan was speaking broadly about […]

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Bitcoin Exchange Gatecoin Hacked; 250 BTC & 185,000 ETH Lost

Gatecoin, a Hong Kong-based digital currency startup that has cited segregated client accounts as a way to minimize exposure to risks, suffered a breach and lost 250 BTC and 185,000 ETH, 15% of its crypto asset deposits. A cybersecurity firm, Tehtri Security, conducted a forensic investigation and confirmed the breach, Gatecoin announced in a statement by CEO […]

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Bitcoin Core Threatens a Hard Fork over Asicboost Mining Optimization

Peter Todd, backed by Matt Corallo, has proposed hard-fork changes to the bitcoin network to make “useless” patent pending algorithmic improvements which give mining an Asicboost of 20%, leading to increased profits of some $30 million if used by one of the biggest mining pools. In a striking post to the bitcoin mailing list, Todd […]

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Coinbase Co-Founder Ehrsam: Bitcoin’s Open Network Beats Private Blockchains

Fred Ehrsam, co-founder of Coinbase, noted in a Yahoo video interview that while the present period is a great time for bitcoin, controversy also surrounds bitcoin and blockchain technology. Asked by Yahoo finance reporter Dan Roberts about the interest in blockchain technology that is overshadowing bitcoin, Ehrsam compared the debate to the dawn of the […]

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Winklevoss Brothers: Bitcoin Will Disrupt Gold As Crypto Holds The Future

Bitcoin has matured as an asset and it will eventually be disrupting gold, according to brothers Tyler and Cameron Winklevoss, who operate the Gemini cryptocurrency exchange. The brothers gave their views about digital currency’s future during an interview with Liz Claman on Fox Business Network’s “Countdown Closing Bell.” Claman was reporting live from the Sky Bridge […]

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Making Blockchain Real Ushers in a New Era

Developers, bankers, regulators, investors, businessmen, thought leaders and visionaries from around the globe descended on New York for a three-day event to discuss what has taken the world by storm, blockchain technology and its applications. Consensus 2016, the biggest event since blockchain was invented seven years ago, set the theme with a general feeling that […]

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Palantir Tech Refutes Link to ‘Quantum Bitcoin Mining’ Firm

Palantir Technologies, a global data analytics company co-founded by Peter Thiel, co-founder of PayPal, denies any connection to a Hong Kong bitcoin mining company that claims to be owned by Palantir Technologies, according to International Business Times. The mining company, CoinFac Ltd., promises to deliver faster bitcoin mining using quantum computing. A Palantir Technologies spokesperson […]

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