Category : Bitcoin.com

The Jim Bell System

As I write this article on July 3, 2002, I am already hearing out my window the occasional pops of micro-explosives enthusiasts getting a head start on their annual excuse to play with things that go bang and supposedly celebrate their freedom. Tomor...

Robert Vroman: The Jim Bell System Debate Introduction

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit

Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from Chi...

Swiss Licensed Crypto Bank Expanding Into 9 Markets

A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, its services include crypto custody, trading, and a...

‘In Small Steps’ China Cuts Benchmark Interest Rates

Careful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently to encourage bank lending and borrowing in the pri...

The Jim Bell System Revisited

Let me re-emphasize that I have neither the knowledge nor the will to implement this system. I certainly don’t like the State, but I would rather concentrate my energies on constructive rather than destructive solutions. That said, I still thin...

Canadian Regulator Green-Lights Bitcoin Fund IPO

The Bitcoin Fund’s initial public offering (IPO) filing has been accepted by Canada’s Ontario Securities Commission. Despite previously rejecting it, the Canadian regulator finally accepted the fund’s IPO prospectus after a public h...

459 Days Until BTC Hits Its Longest Streak Without a New All-Time High

Since bitcoin hit its all-time high (ATH) in December 2017, crypto enthusiasts have wondered if BTC will touch or surpass it again. After the ATH in November 2013 at $1,156 per BTC, it took 1,170 days to touch the next ATH at $19,891 per coin. To man...

Sideshift SLP Token SAI Gains Over 30% in Less Than 24 Hours

Crypto exchange Sideshift’s SLP token, SAI, has scored remarkable gains in value this week. Its price jumped well over 30% on Thursday, from $0.0310 per coin early on Nov. 28 to over $0.0450 a few hours later, and to a record high of 0.0473 on...

Crypto Community Erupts Over Ethereum Foundation Member’s Arrest

On Friday the United States Attorney’s Office for the Southern District of New York (SDNY) announced the arrest of Ethereum Foundation member Virgil Griffith for allegedly “assisting North Korea in evading sanctions” by teaching &ld...

Bitcoin Cash Double Spend Statistics Invoke 0-Confirmation Debate

On November 28, the creator of doublespend.cash, a web portal that tracks and collects double spend attempts on the Bitcoin Cash network, explained that only 1 out of 1,105 double spends succeeds when they broadcast one second after the first transac...

Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use

Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has cre...

Crypto Employees in China Work From Home to Avoid Government Pressure

Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures against some companies have been implemented to supposed...

Coinbase Patents AI Compliance System to Monitor and Flag Accounts

Popular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a &...

Is Plustoken to Blame for Bitcoin’s Sell-Off?

Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being cred...