One of the largest online gold dealers has announced that it will begin accepting bitcoin. APMEX said on Dec. 8 that it would begin to accept the cryptocurrency through an integration with payment processor BitPay. It's also offering a small discount on purchases made with bitcoin in order to...
The Central Washington region of the U.S. has reported surging demand from bitcoin miners for its cheap hydropower. With the cryptocurrency's recent price gains, bitcoin mining has become more attractive, according to John Stoll, managing director of customer utilities at Chelan Public Utility District (PUD). As reported by OPB News,...
Cryptocurrency mining marketplace NiceHash has confirmed that yesterday's hack resulted in the loss of over 4,700 BTC, an amount worth more than $78 million at current prices. In a video update streamed live on Facebook, CEO and co-founder Marko Kobal provided an update to yesterday's dramatic announcement that the...
Ethereum users are calling for a solution to the protocol's CryptoKitties invasion. As profiled by CoinDesk, the cat-trading game had grown so popular earlier this week that it was clogging the ethereum network, slowing down transaction times. Now, however, congestion is reaching unprecedented levels, with a record-breaking 30,000 transactions stuck...
The cryptocurrency mining marketplace NiceHash has been hacked, its team said in a newly released statement. Posting on social media, NiceHash said that "there has been a security breach involving NiceHash website" resulting in a loss of funds. NiceHash, formed in 2014, serves as a marketplace for miners to rent...
During a developer panel at the recent Baltic Honeybadger Bitcoin Conference in Latvia, the panelists were asked about the prospects of future changes to...
Venezuelan president Nicolas Maduro has announced a new cryptocurrency amid an economic crisis and a plunge in the value of the bolivar, the country's national currency. According to Reuters, Maduro made the announcement...
One of the developers behind the Drivechain project for bringing sidechains to bitcoin is seeking feedback on the project's code as well as two improvement proposals related to the tech. In a message on...
China's crypto exchanges may be violating financial regulations by facilitating peer-to-peer trading between Chinese yuan and cryptocurrencies. At least that's according to commentators on China Central Television (CCTV), who, in a segment that aired...
"I think it's very important to make a distinction between a bubble and a fraud." So says Glenn Hutchins, the co-founder of private equity firm Silver Lake and one of the panelists this...