Initial Coin Offerings (ICOs) – Weekly Overview
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Gavin Andresen warns of the dangers of rising bitcoin transaction fees
BybtxadmChief Scientist of the Bitcoin Foundation and former lead developer on Bitcoin Core Gavin Andresen warned that transaction fees are likely to rise dramatically in coming months unless incentives are provided to miners. Speaking at Bitcoin2014 today in Amsterdam, Andresen said that steps must be taken to either ramp up the speed of block creation…
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Trucoin launches instant bitcoin buying
BybtxadmOne of the biggest complaints about the current bitcoin ecosystem is the awkward, slow process of actually buying BTC. Even when using a mainstream service like Coinbase, bank accounts must be validated, IDs must be confirmed and transactions must use the tedious bank-transfer system. While there have been some innovations, such as bitcoin ATMs, the…
SEC Moves To Take Down "Scam" ICO PlexCoin
BybtxadmEarlier this week, the Securities and Exchange Commission (SEC) filed a complaint with the Federal Court in New York seeking to freeze all U.S. assets of Quebec-based cryptocurrency startup PlexCoin, including the personal assets of founders Dominic Lacroix and Sabrina Paradis-Royer. The company’s Canadian assets have already been frozen by Quebec’s regulatory agency, the Autorité…
Is the Silicon Valley Bitcoin Job Fair a sign of things to come?
BybtxadmOn Saturday, May 3, the Plug and Play Technology Center in Sunnyvale, CA, will be swarmed with tech talent looking to break into the bitcoin world. The Bitcoin Job Fair will feature booths from big-name bitcoin businesses like BitPay, Circle, Kraken, Xapo and Counterparty, all flush with venture capital cash and looking to expand their…
Report: Wallet-like app Bity slips into iOS store by using native functionality
BybtxadmIt’s no secret that Apple isn’t a bitcoin supporter. The App Store has shut down every native bitcoin wallet for iOS in recent months, often with little explanation other than a form letter. While there is rampant speculation about why Apple blocks bitcoin-wallet apps, many of which seem related to Apple wanting a cut of…
Bitcoin community raises over 40 BTC for Dorian Nakamoto … and counting
BybtxadmWithin moments of Newsweek claiming to have identified mysterious, possibly pseudononymous Bitcoin creator Satoshi Nakamoto as retired Temple City, California, engineer Dorian S. Nakamoto, many in the Bitcoin community immediately began crying foul. A modest man living a quiet existence with his 93-year-old mother suddenly had his life turned into a media circus, all on…