Are Craig Wright’s claims true? Is he the inventor of Bitcoin?

Are Craig Wright’s claims true? Is he the inventor of Bitcoin?

In the last couple of years, one of most controversial mysteries of the financial world was a man known by the pseudonym of Satoshi Nakamoto, the person responsible with the creation of Bitcoin.

Ever since Bitcoin began catching wings and developing as a means of sending money to people from all around the world, its creator supposedly vanished. Since that happened, numerous members of the community have been trying their best to elucidate the mystery behind Bitcoin’s creator. So far, the blame has been put on several persons, but none seemed to fit all the requirements, therefore no one has been officially confirmed as Satoshi Nakamoto. Until now.

Read More

Blog / Page 28 of 39

Bitcoin mining will become less profitable, due to the halving process. What should the community expect?

Bitcoin mining will become less profitable, due to the halving process. What should the community expect?

The Bitcoin network is built in such a way to meet supply and demand, while also encouraging growth of the digital currency’s value. Because of this, once every couple of years, a process known as halving takes place, meant to reduce the number of bitcoin that are mined.

Halving hasn’t received much media attention, considering the fact that the last one took place when bitcoin was still at its beginning, and not many people were involved with the cryptocurrency. However, the expected date for this change to happen once again is the 11th of July 2016, less than three months away. The initial impact of the act will be to cut down by half the reward that miners receive for verifying crypto-transactions that take place on the blockchain. Basically, their wages will be cut into half- unless the value of bitcoin increases.

Read More

Blog / Page 28 of 39

Armada Collective Exposed to Issue Empty DDoS Threats, While Collecting Extortion Money

Armada Collective Exposed to Issue Empty DDoS Threats, While Collecting Extortion Money

During the last couple of months, ransomware attacks have increased significantly, thus forcing online businesses from all around the world to pay out hundreds of thousands of dollars-worth of bitcoin to scammers.

However, a group known by the name of Armada Collective has decided to take advantage of the fear caused by the increasing number of DDoS attacks, and make some money for themselves. To learn more about the cybercriminals, CloudFlare has decided to take matters into their own hands, and investigate.

Read More

Blog / Page 28 of 39

$2.8 Million Recently Invested in Two Asian Bitcoin Projects

$2.8 Million Recently Invested in Two Asian Bitcoin Projects

During the last couple of days, two massive investments took place on the bitcoin market, thus once again proving the fact that the cryptocurrency has the potential of facilitating huge fintech projects.

To put things better into perspective, the bitcoin trading platform known by the name of Coinsecure has managed to raise over $1.2 million from the help of a group of undisclosed angel investors from India.

According to the company, the funds will be used to help expand the company’s reach in both the domestic and international markets, while also strengthening the engineering and marketing teams, increasing the number of banking partners and developing an app that will be launched by the end of this month. Together with this, the funds will also be used to introduce a couple of more Ethereum and Blockchain innovations that will help shape the market.

Read More

Blog / Page 28 of 39

Steam Announces Bitcoin Integration on Their Gaming Platform

Steam Announces Bitcoin Integration on Their Gaming Platform

If you enjoy playing games on your computer, then chances are that you have heard about Steam, a distribution platform developed by the Valve Corporation, which offers people from all around the world a wide variety of games alongside with multiplayer gaming, social networking and more.

The platform, which is clearly, the most popular in the industry, has recently announced that it will begin accepting payments in bitcoin. While the rumours have been around from as early as February this year, an official update posted on the Steam developer forums now serves as the official announcement.

Read More

Blog / Page 28 of 39

Brand New Supermicro Dedicated Servers based on E3-1245V5 and DDR4-2400 are Now Available for Bitcoin

Brand New Supermicro Dedicated Servers based on E3-1245V5 and DDR4-2400 are Now Available for Bitcoin

CoinsHost team has recently purchased brand new Supermicro dedicated server setups based on blazing fast Intel® Xeon® Processor E3-1245 v5 and DDR4-2400 2RX8 VLP ECC. Both Magma 2S and Magma 2X configurations are packed with enterprise-class Samsung SSD's. Read more about these new server setups or place an order here.

Read More

Blog / Page 28 of 39

How to convince the Bitcoin community that you are Satoshi Nakamoto

How to convince the Bitcoin community that you are Satoshi Nakamoto

Since Bitcoin was created, there have been numerous questions referring to who its creator really is. Popularly named as Satoshi Nakamoto, the mysterious man has disappeared in the last couple of years, after leaving Gavin Andersen in his place.

Four months ago, the Internet blew up with news saying that an Australian computer scientist known by the name of Craig Wright is actually the creator of Bitcoin. Numerous publications such as Wired and Gizmodo have showcased various forms of proof, but the community remained sceptical and wouldn’t buy the story at that time.

Read More

Blog / Page 28 of 39

Overstock.com invests $4 million into Bitt

Overstock.com invests $4 million into Bitt

During the last couple of months, there have been numerous bitcoin-related investments, in start-ups of all kinds. According to recent reports, it seems like the Caribbean-based blockchain startup, Bitt, has managed to raise a total of $4 million after a Series A funding from Overstock.com.

To put things better into perspective, Bitt represents a company that was founded in 2016, and aims to provide a digital asset exchange. This way, it provides people with access to digital currencies in emerging markets, thanks to their trading platform, which they claim to offer some of the best customer service, alongside with the highest levels of transparency, accountability and security.

Read More

Blog / Page 28 of 39

Bitcoin Core announces their Sponsorship Program to bring advancements to Bitcoin

Bitcoin Core announces their Sponsorship Program to bring advancements to Bitcoin

During the last couple of months numerous bitcoin funding/sponsorship programs have sprouted up, thus encouraging initiative in the digital currency market. According to recent reports, yet another sponsorship programme was announced. This one aims to encourage users to come up with innovation ideas, while also contributing to the bitcoin code. What makes it special is the fact that this programme is run directly by Bitcoin Core.

Read More

Blog / Page 28 of 39

New DDoS Protection Service Makes Servers Harder to Attack by Turning Them Into Moving Targets

New DDoS Protection Service Makes Servers Harder to Attack by Turning Them Into Moving Targets

During the last couple of years, Distributed Denial of Service Attacks (DDoS) have gotten a lot more popular, due to the fact that they’re cheap and easy to carry out, and they basically require no effort whatsoever once a stable script is put into place.

For those who do not know, DDoS attacks take advantage of one of the biggest vulnerabilities of serves- the fact that they can only handle a set amount of connections or traffic at the same time. Based on this, they basically flood server with requests, which in turn, either slows or takes sites down completely.

Read More

Loading...