BitcoinMoschiach (OP)
Newbie
 Offline
Activity: 196
Merit: 0
|
 |
July 20, 2018, 02:55:58 AM |
|
Visa Crash Highlights Need for Decentralized Bitcoin-Like Payment Systems Visa experienced a serious network disruption on 1 June 2018, impacting customers across the entire European Union and Ireland. This failure is the result of Visa being a centralized network and highlights the need for decentralized payment systems like Bitcoin and cryptocurrency in general. In an official statement regarding the incident, Visa said the outage occurred due to a hardware failure, and that the company fell short of its goal of Visa cards working reliably 24 hours a day 365 days a year. According to The Irish Times, there was a major disruption to businesses throughout Ireland as people suddenly found themselves not able to pay bar tabs and restaurant bills. Panic lines formed at ATMs as people tried to withdraw as much cash as possible. Read full article at https://bitcoinnews.com/visa-crash-highlights-need-for-decentralized-bitcoin-like-payment-systems/ |
|
|
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 20, 2018, 08:51:26 PM |
|
US Congressman Brad Sherman Asks for Crypto Mining, Trading Ban During a subcommittee for the House of Representatives Financial Services Committee on Wednesday, California Democrat Brad Sherman boldly declared his belief that all cryptocurrency mining and trades should be banned across the US. Sherman’s arguably excessive comments went so far as to inaccurately determine the primary use of cryptocurrencies for tax evasion, and even for rogue states to avoid US sanctions, claiming the only way to deal with this must be banning all US citizens from dealing in cryptocurrencies. Read full article at https://bitcoinnews.com/us-congressman-brad-sherman-asks-for-crypto-mining-trading-ban/Video https://www.youtube.com/watch?v=me2l_-wRBck |
|
|
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 20, 2018, 08:55:45 PM |
|
Schnorr to Spark Next Vicious Debate For Bitcoin Since SegWit? Bitcoin’s privacy and scalability problem could end soon once Schnorr signature is adopted by the BTC community. Still in development, this Bitcoin upgrade proposes standard 64-byte Schnorr signatures over the current signature algorithm. This is one of the earliest discrete log-based signature schemes. It is simple in the way that it offers short signature length and efficiency by allowing pre-computing exponentiations for fast online signature generation. With regards to Bitcoin, Schnorr can clear up blockchain space and resolve transaction logjam by mashing signature data together. Read full article at https://bitcoinnews.com/schnorr-to-spark-next-vicious-debate-for-bitcoin-since-segwit/Video https://www.youtube.com/watch?v=-bb7MaXS_QE |
|
|
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 20, 2018, 08:58:31 PM |
|
Silk Road Founder Ross Ulbricht Tweeting from Prison The alleged founder of the Silk Road, Ross Ulbricht, has now joined the Twitter sphere. As of this writing on 19 July 2018, Ulbricht’s Twitter account already has thousands of followers and it has only been six hours since his first tweet. The man was arrested in 2013 and convicted in 2015 of money laundering, computer hacking, conspiracy to traffic fake identity documents, and conspiracy to traffic narcotics. He has been sentenced to life in prison without the possibility of parole. His legal team has made many appeals to get a re-trial, having even filed a petition with the Supreme Court of the United States, without success. Now for the first time, Ross Ulbricht is able to get messages to the outside world via a Twitter account he has created with the help of freeross.org. Read full article at https://bitcoinnews.com/silk-road-founder-ross-ulbricht-tweeting-from-prison/Video https://www.youtube.com/watch?v=BoqZtObz7DQ |
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 20, 2018, 09:00:39 PM |
|
The ‘Bitcoin Archeologists’ Recovering Passwords with Brute Force and Hypnosis There are many stories in Bitcoin lore of people coming into unexpected luck when Bitcoin left over from purchases years ago is suddenly worth a fortune after drastic price increases. The lucky person goes to try and withdraw their Bitcoins, only to realize they’ve lost the password or private key. There are also many stories of people outright losing access to their stash, making the Bitcoin inaccessible. Now a small industry is springing up to help people recover their lost Bitcoin. Read full article at https://bitcoinnews.com/the-bitcoin-archeologists-recovering-passwords-with-brute-force-and-hypnosis/Video https://www.youtube.com/watch?v=Z2zp_3xuOOY |
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 20, 2018, 09:02:27 PM |
|
Barry Silbert Calls Bitcoin Bottom, Predicts Big Year For Crypto in 2019 The founder of Digital Currency Group, Barry Silbert, says the Bitcoin bottom is here. He says the “bears ran out of energy”, they literally have no more Bitcoin to sell, that a large number of institutional investors were looking for an opportunity to get into the market, and the market technical analysis is starting to look “pretty good”. This is in reference to the current Bitcoin rally that has seen Bitcoin rise from USD 6,200 to USD 7,500 in less than a week, the biggest since April 2018. Read full article at https://bitcoinnews.com/barry-silbert-calls-bitcoin-bottom-predicts-big-year-for-crypto-in-2019/Video https://www.youtube.com/watch?v=Z9LAGpR84fA |
|
|
|
|
|
|
|
|
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 22, 2018, 10:22:55 AM |
|
New Zealand Bank Considers DLT to Boost Customer Service SBS Bank in New Zealand is looking at blockchain and how the technology could impact customer account usability within its banking network. Local news source The Southland Times has reported that the bank recently discussed both cryptocurrency and blockchain at a recent SBS annual meeting, after which the bank’s group chief executive Shaun Drylie made the following statement: “We think, and the common consensus is, that it has real merit. Cryptocurrencies, we’re not too sure, and if you look at the volatility of cryptocurrencies that would suggest the market is not too sure as well.” Read the full article at https://bitcoinnews.com/new-zealand-bank-considers-dlt-to-boost-customer-service/ |
|
|
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 22, 2018, 10:25:15 AM |
|
Japan Internal Affairs Denies Links to Regulator Exchange Inquiry Japan’s Internal Affairs minister has refuted that she had any involvement in current FSA investigations into cryptocurrency exchanges. The minister, Seiko Noda, was accused of meddling in investigations which are only authorized to be conducted by the country’s financial watchdog, Japan’s Financial Services Agency (FSA). The current investigation is looking at a non-registered Toyko-based cryptocurrency exchange which had previously not responded to the FSA’s requests for future information about the exchanges business activities. It reported that if the company “did not respond by the deadline given, it would report the matter to investigate authorities and take necessary steps”. Read the full article at https://bitcoinnews.com/japan-internal-affairs-denies-links-to-regulator-exchange-inquiry/ |
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 22, 2018, 10:26:36 AM |
|
US Congressman Sherman Feels Wrath of Twitter After Anti Crypto Remarks US Congressman Bradley Sherman has become extremely unpopular with Twitter followers over the past twenty-four hours. As reported yesterday by Bitcoin News, California Democrat Brad Sherman boldly declared his belief that all cryptocurrency mining and trades should be banned across the US. His announcement made during Wednesday’s long-awaited House of Representatives Financial Services Committee meeting has not been well received, and Twitter became the axe to deliver the final coup de gras on the hapless congressman. Read the full article at https://bitcoinnews.com/us-congressman-sherman-feels-wrath-of-twitter-after-anti-crypto-remarks/ |
|
|
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 22, 2018, 10:28:35 AM |
|
Black Gold, Texas Tea? No, Crypto Mining Next Big Thing in the Lone Star State The US state of Texas and oil seem completely synonymous, with even a long-running TV series based around the black stuff, but now it seems there’s another money spinner in town; crypto mining. It seems that more and more Texans are taking to small-scale home-operated crypto mining according to the Dallas Morning News, and leaving the oil for the big boys. One of these is Stanley Edgar who shares his typical Texas home with his 32-year-old son Brandon, Brandon’s girlfriend and the couple’s children. Read full article at https://bitcoinnews.com/black-gold-texas-tea-no-crypto-mining-next-big-thing-texas/ |
|
|
|
|
BitcoinMoschiach (OP)
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 22, 2018, 10:30:14 AM |
|
Ex-Presidential Bodyguard Turns Bitcoin Protector Former presidential bodyguard George Sax has a new task on his hands: protecting Bitcoin for the British cryptocurrency corporation Blockchain Ltd. Since Blockchain Ltd’s founding in 2011, the business has raised USD 70 million in equity capital and manages over 26 million digital wallets spanning 140 countries. Sax’s employment history boasts experience both as a former special agent and a senior US Secret Service official, previously holding responsibility for the Secret Service’s Office of Investigations. In 2016, he also managed security for the presidential campaign. Read full article at https://bitcoinnews.com/ex-presidential-bodyguard-turns-bitcoin-protector/ |
|
|
|
|
|
