Bitcoin Essay Examples

BlockChainBriefing Launched ChainHQ

BlockchainBriefing, the world’s leading distributed ledger technology information and news portal, is this week launching ChainHQ, a searchable database which tracks and compiles the latest company and blockchain technology developments. This subscriber-only portal provides essential intelligence on which solutions are receiving investment, emerging sector leaders, challengers and the legal context to ledger technology. As investment […]

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Blockchain Summit In Washington DC

The Chamber of Digital Commerce today announced that the first D.C. Blockchain Summit will take place March 3, 2016 at Georgetown University. The event will bring together government employees, nonprofit representatives, students, and blockchain experts a chance to explore opportunities and challenges surrounding blockchain technology in the nation’s capital. The Digital Chamber is the Washington, […]

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DBS Partners With Standard Chartered

The DBS Bank of Singapore has partnered with the multinational banking firm, Standard Chartered in order to create a distributed ledger project for trade finance which will speed up the transactions, lower the costs and boost transparency of international trade. Bloomberg has published an article which states that both the firms have finalized its initial […]

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What Is Next For The Bitcoin Foundation ?

Following a disagreement over the future of the advocacy group of the Bitcoin Foundation, board members Jim Harper and Olivier Janssens announced their resignation. In a statement, the vice chairman and the chief executive officer of BTCC Bobby Lee stated, “Brock, Elizabeth Ploshay, Meyer Malka (via email vote) and I voted to continue support of […]

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Three Mining Pools Experiment

For many Bitcoin miners the biggest up hill battle has been what pool to mine in. The pool you mine in has lots of effect on your mining profit. Some of the affects are how much local work in the area, and how many times a day your pool wins a block. The biggest confusion […]

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IBM To Replicate The Blockchain Tech

Many of the major companies such as IBM, Intel, CISCO, the London Stock Exchange Group, and many others are collaboratively working together in order to create an alternative to the blockchain, the global online ledger that underpins the bitcoin digital currency. This open source project aims to replicate the blockchain tech which will able to […]

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Homeland Security Blockchain SIBR

The US Department of Homeland Security is looking to understand the underlying technology of bitcoin, blockchain through a predominant public- private partnership program known as Small Business Innovation Research (SIBR). Currently, the US cabinet department is accepting proposals from small businesses that includes around 500 employees in 13 topics areas such as “Applicability of Blockchain […]

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KnCMiner To Build A New Data Center

KnCMiner, a Swedish bitcoin mining company revealed that they take up to four weeks to build a new datacenter, from breaking ground to beginning operations. According to the chief executive officer of the company Sam Cole, the longest part is signing the agreement. The company announced its plans to build another 20 MW data center […]

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BTC Prices Near The USD450 Mark

Over the last two week, the price of bitcoin has increased about 36 per cent. On 4th of November, the prices briefly touched the $500 mark before decreasing below $400 in the following days. At the end of last year, it hit its highest closing price at $436. The strong rally is accompanied by the […]

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Satoshi Nakamoto Is Not Craig Wright

An email from Satoshi claiming he is not Craig Wright After WIRED and Gizmodo published articles that the Australian businessman could be the mysterious Satoshi Nakamoto, the creator of bitcoin. Someone posted to the bitcoin- dev mailing list claiming that Craig Steven Wright is not Satoshi Nakamoto. Email from [email protected] states, “I am not Craig […]

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PrivatBank Offering Bitcoin Payment

Bitcoin is making considerable progress in Eastern Europe, with the latest example of its development coming out of Ukraine. The largest bank in this country, PrivatBank, has currently opened the option for online retailers to make use of Bitcoin as a payment before it is directly converted into fiat currency that gets deposited into the […]

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Charges Against Silk Road Advisor

Silk Road is by far the most controversial story in the entire Bitcoin community. Therefore, whenever there is any activity that is even remotely associated with Silk Road, people immediately turn their attention towards it. Such is the case with the unsealing of the charges against a suspected former high ranking employee of the Silk […]

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BTC Startup Bonafide To Shut Down

Bitcoin startup, Bonafide announced that it will end its operations and start liquidation. An email has been sent to all the shareholders that stated that the startup has been approached by a “leading” bitcoin company though the name has not been mentioned, for a possible acquisition. Yet, the sale was declined as it was considered […]

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The BoE To Hold A Blockchain Contest

The Bank of England is holding a challenge for the university students to come up with new ways of implementing blockchain technology for the benefit of the society. Applications are being accepted for a six- week paid internship program. Students who are interested need to submit their applications by 7th of December 2015. They can […]

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Amazon To Ship 21inc Bitcoin Miner

Amazon, the online retail giant, has started to ship 21 Inc’s mini bitcoin miner, the 21 Bitcoin Computer. The company announced on 28th of September that it will accept pre- order for the bitcoin computer. Retailing for $400, the bitcoin computer will include a custom mining clip, a data center backend and a custom Linux- […]

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ISIS May Have A USD3M Bitcoin Wallet

According to a hacktivist off- shoot of Anonymous, Ghost Security Group has claimed that they have found a bitcoin wallet which contains $3 million that is linked to the self- proclaimed Islamic State terror group. Last Friday, the terrorist group has attacked Paris, killing over 130 people and injuring hundreds more. For a while now, […]

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Underground Vault – Bitcoins Protection

Bitcoin thefts and financial troubles of exchanges that trade the digital currency are opening the doors to a Silicon Valley startup called Xapo, which touts physical underground vaults in secret locations protected by armed guards. This week, Xapo announced it raised $20 million with the investment firms Benchmark, Fortress Investment Group and Ribbit Capital. Wences […]

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New Charges In The Coin.mx Case

Months after the first charges were submitted by the US Attorney’s Office for the Southern District of New York, a new indictment has been filed against the former operator of bitcoin exchange Coin.mx: Anthony Murgio. Anthony Murgio and Yuri Lebedev, the former operators of Coin.mx were arrested due to operating illegal bitcoin exchange. The federal […]

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Nakamoto For Nobel Prize In Economics

Satoshi Nakamoto, one of the greatest mysteries of the digital age who has created the digital currency bitcoin, has been nominated for the Nobel Prize in Economics. Bhagwan Chowdhry, a professor of finance at UCLA stated that he is using his official nomination to nominate Nakamoto for his work on digital currency. He penned an […]

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UK Chancellor Supporting Fintech

The Chancellor of UK, George Osborne wants to see his country as a capital of Fintech. In his recent meeting with the chief executive officer of Apple, Ti Cook at the Bank of England Open Forum, he stated, “I was thinking how extraordinary it was, you had a finance minister and the head of a […]

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itBit Won 10,000 BTC In The Final Auction

itBit, the New York- based bitcoin exchange announced that it has won 10,000 bitcoins that were auctioned off by the US Marshals Service. The bid by itBit was organized on behalf of the syndicate of the exchange’s and OTC trading clients. The director of Trading at itBit, Bobby Cho stated,“We confirm that itBit’s auction bid, […]

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First Bitcoin Bio-Payment Microchip

It sounds like Science-Fiction, but Juan Jose Tara Ortiz, an embedded system engineer, and Patric Lanhed, a developer at DigitasLBi in Sweden, have performed the world’s first verified bio- payment using bitcoin. They did implanted a microchip underneath the skin of Patric Lanhed’s hand. He taps the sensor to the Radio- Frequency Identification chip under […]

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