BitLox Starts Sales for Indestructible Bitcoin Wallet People are still hesitant to store any significant amount of cryptocurrency on exchanges due to past occurrences. Troubled by theft, privacy, and regulatory concerns, people are looking for alternatives to store their cryptocurrency investments. The most popular of these would be cold storage, or offline private key storage. …
Venture Capital Continues to Flow to Bitcoin Venture Capital Loves Cryptocurrency Even still as this uncertainty looms venture capitalists continue to pump more and more investment dollars into Bitcoin and blockchain-related technology companies last year than in any previous year—nearly $1 billion. This industry continues to heat up, even if there still remains to be …
BitLicense has caused an Exodus of Bitcoin Companies out of New York BitLicense is changing how lawmakers, consumers, businesses and innovators utilize Bitcoin in New York State. These laws were created as a push to regulate all cryptocurrency with the rise of Bitcoin following a series of high-profile law suits and media field trips. What is BitLicense? BitLicense is a set of …
Why Use Bitcoin? Bitcoin may be one the most important thing to arise from the internet since Google Bitcoin has been a buzzword lately, coming into every major new outlet. From Bloomberg, to Wired, The New York Times, Wall Street Journal, and others, the media is having a field day with the topic. Over the …
Bitcoin Price Technical Analysis for March 20, 2016 Despite the price drop last weekend, this week has been a steady ride for Bitcoin traders. The market seemed test the $400 support line a few times but the bull pressure was too high to break below $400. Currently Bitcoin is trading at $409, with no significant …
Bitcoin Price Technical Analysis for March 20, 2016 Read More »
Hollywood Presbyterian Medical Center; a Hollywood hospital, had its electronic patient records hacked and held hostage chose to give in to ransomer demands and pay $17,000 in bitcoin to retrieve the ransomed records. Hollywood Presbyterian Medical Center staff noticed issues accessing its computer network on Feb. 5. The price to regain access to the hospital files was …
Hollywood Hospital Targeted in Extortion Plot over Hacked File Read More »
Bitcoin Demand Growing in Nigeria Nigerians pay the most over spot on their exchanges, versus those based in the USA. Why is this? Bitcoin is harder to obtain in Nigeria, and several worldwide exchanges don’t allow Nigerian citizens to trade on them. Let’s examine the state of Nigeria, and how the demand for Bitcoin has …
ButterflyLabs is now under investigation by the FTC. http://www.ftc.gov/system/files/documents/cases/140923utterflylabstro.pdf I was always tempted to order the equipment from there many, many months ago. The allure factor was certainly present on a simple premise. Purchase a bitcoin miner then proceed to mine bitcoins with the miner and make more money mining the bitcoins than …
