30-05-2017
07:14 am
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Author: Neha Thakur

Mysterium Unveils Whitepaper Outlining its Vision for Ethereum-based Decentralised VPN No Comments

The security of the netizens stands at risk today in the face of invasive surveillance tactics as employed by the large corporates which are increasingly acting as the self- proclaimed gatekeepers of the web. The internet today is neither open nor private, and these ‘gatekeepers’ are causing it to operate as a centralized service. There are also big benefits that are reaped from selling user b...


BitCAD Announces Dates for ICO No Comments

BitCAD is finally out with the dates for their crowdsale following the delays caused by the last minute issues that cropped up with the decentralized biometric identification system. The crowdsale will now commence on May 25th. The project retains its focus on creating a perfect business environment based on blockchain technology. As the recently launched BitCAD whitepaper details, the platform...


The Byzantine Alternative No Comments

Bitcoin and Ethereum’s wide and unprecedented success has led people to overlook any flaws in the platforms, mainly energy inefficiency. Bitcoin alone is projected to have energy consumption at par with Denmark by 2020. The Proof-of-Work (PoW) mechanism behind Bitcoin is the main reason behind its insatiable power appetite as the cryptographic algorithm is highly energy intensive. An alternat...


BitCAD Set Launch an Electronic Arbitration System No Comments

BitCAD, the Encrypted Smart Platform, seeks to simplify and facilitate business processes related to dispute settlement by developing an operating system complete with conceptual and hardware solutions to improve business processes across various industries. The electronic judicial system, presented by the BitCAD team on their official blog post, offers a three- component digital solution which...


Matt Dababneh’s Bitcoin Regulation Proposal Draws Flak from Community No Comments

Assembly Member Matt Dababneh introduced a revised version of his previously thwarted California Bitcoin License bill (AB 1326), first introduced in the state senate in 2015. Poised for a return in the state Legislature under a new proposal, AB 1123 is drawing flak from the community. According to the critics, AB 1123 is basically California’s version of BitLicense, a harsh regulation that led t...


conventient payments for online casinos

What Online Gambling Bitcoin Options Exist Today No Comments

Online gambling is a multibillion dollar enterprise today with no dearth of options available to the customers. One of the biggest niche markets in the gambling industry is bitcoin gambling. The proliferation of the betting sites dealing in cryptocurrency is telling of the user base it has come to enjoy. In the contemporary digital world, Bitcoin has been adopted by many businesses and people a...


Japan Legalises Bitcoin; Price Goes through the Roof No Comments

Bitcoin price has almost jumped 7 percent in the initial two days of May to reach a record high of $1469.56 on Tuesday. The Bitcoin price which now nears the record high of $1500 is spurred by the spike in demand from Japan, following the legalization of Bitcoin over there. Japan passed a law to accept bitcoin as a legal payment method which came in effect on April 1, 2017. Bitcoin, which had s...


Hacker Group Threatens Netflix with Data Leak for Bitcoin Ransom No Comments

The hacker group operating under the name The Dark Overlord has leaked the first ten episodes of the new season of Netflix’s Orange Is the New Black over the weekend, following Netflix’s alleged ‘unresponsiveness’ to the ransom request. The group has now threatened to make other shows available for torrent. The hacker had put forth a demand of 50 Bitcoin from Netflix (€65,000) to prev...


Former US Congressman Shows Support for Creditbit Project No Comments

Steve Stockman, former member of the United States Congress, 1995-1997, 2013-2015, is the latest VIP supporter of the Creditbit Project. The former Congressman showed his support to the project by publically sharing an article titled “There are Plenty of Reasons to Get Excited about Creditbit” on Twitter. Steve Stockman has supported cryptocurrencies for a long time. In an interview to Nick...


Circle Acts Like PayPal, Bans Bank Accounts and Freezes Payments. Weekend Cryptocurrency Reads.

Circle Bank Attempts to Spark Fears of Fork No Comments

Today, Circle Bank announced to all of their customers holding bitcoin that they might want to consider entirely divesting of their holdings in the digital currency. This email follows up on the pivot the bank made on December 7th 2016,  when the well funded bitcoin start-up announced they would no longer support the buying and selling of bitcoin. Today’s email has been sent based on the presu...


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