Bitcoin Price Grows Amid Stock Exchange Turmoil

Following the continuing unrest at global markets, especially China, the bitcoin exchange rate skyrocketed to $455 at the time of writing.

BTCC Controversy: 100 Full Nodes Donated by the Exchange Appear to be Running on Amazon Web Services

Recently BTCC has launched 100 full nodes across five continents in order to maintain decentralized arrangement of the bitcoin system. Back then, the company explained this move by its wish to keep bitcoin away from any centralization. Samson Mow, COO at BTCC, stated that the company has launched the nodes in order to help the […]

BTCC Resisted a Harsh DDoS Attack

One of the world’s biggest digital currency exchanges has reported to suffer a severe DDoS attack on New Year’s eve. The extortionists behind the attack demanded a ransom of 1 BTC to cease the DDoS attack. During the attack, the exchange tweeted: Our website is under DDoS attack, which is hampering access to our APIs […]

Cryptsy Halts Trading Operations and Withdrawals

Digital currency exchange Cryptsy, which has been known for continuing problems with withdrawal of funds, has stated it suspended the exchange’s trade engine on January 5, 2016. Lots of the company’s customers have complained the exchange fails to provide proper withdrawal of their assets, if it provides any. Technical issues seem to be inherent in […]

A Brief History of Russian Internet Obscurantism in 2015

The year 2015 was marked as the year of expanding obscurantism and controversies around several internet-related issues in Russia. According to one of relatively new Russian laws, the state supervising agency Roskomnadzor has the right to restrict or prohibit access to any website at its own discretion and without any court rulings. The agency was […]

Garzik and Andressen State that Maxwell’s Bitcoin Roadmap Lacks Consideration of Important Issues

Two prominent Bitcoin Core contributors, Jeff Garzik and Gavin Andressen, co-wrote a response to the recently published bitcoin scalability roadmap by Gregory Maxwell, which is based on the SegWit concept.

Tunisia to Transfer its National Currency on Blockchain

Tunisia will become the world’s first country to operate its national currency via blockchain. The blockchain in question, however, is an advanced version of the bitcoin’s one developed by Monetas.

Visa: Blockchain is No Longer a Choice Anymore

The latest report released by Visa Europe discussing the current matters in the payments industry gave profound consideration to innovations in financial technologies, as well as blockchain-based solutions.

Hackers Brought Down Coinbase

Yesterday, Coinbase’s website was brought down by a DDoS attack. Claiming the responsibilty for the attack are two hackers, L7Crew and An0CBR. Coinbase is among the world’s biggest cryptocurrency exchanges and wallet providers. It renders services in 190 countries across the globe. However, apparently the attack has affected only the main website of the company, […]

Yandex Technology Distribution Executive Praises the Blockchain Technology

Speaking at conference Feedback on December 23, Grigori Bakunov, technology distribution executive at Yandex, introduced several possible major technological trends for the forthcoming years. Among other things, they include the blockchain technology, the internet of things, and artificial intelligence. Explaining his views on smart objects and bitcoin, Bakunov said: “Thank god, people realized bitcoin was […]

Russian Business Daily Calls Russia to Embrace Cryptocurrency

Pavel Cherkashin, an angel investor and a partner at Vestor.In Partners, wrote an article for Russia’s most popular business newspaper Vedomosti. There he describes cryptocurrency in general and points out lots of its advantages as compared to the traditional banking system. Cherkashin stated that, according to expert opinions, at least 10% of the global GDP […]

The Country’s First BTM Installed in Kazakhstan

Kazakh entrepreneur and bitcoin enthusiast Kanat Amrenov hold ForkLog he had installed the first BTM in Kazakhstan. He also intends to launch local cryptocurrency exchange. Despite the fact that Kazakhstan is among ten largest countries in the world, it was not seen on the bitcoin world map until now. However, local enthusiasts gradually change the […]