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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Bitcoin – Low Money Laundering Risk

UK Government Report Explains that Cryptocurrencies Carry Low Risk of Money Laundering. For a very long time, it was believed that cryptocurrencies such as bitcoin have made it very easy for cyber criminals to engage in money laundering. The critics of Bitcoin and other forms of cryptocurrencies have cited a number of deep web cases […]

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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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