Latest Bitcoin News by Category: Bitcoin Tech

Is Samsung Entering The Crypto Mining Industry?

Posted on 31st January, 2018

According to a report published in South Korean business publication The Bell, electronics giant Samsung has partnered with a Taiwan-based hardware manufacturer TSMC to produce a new line of ASICs for the cryptocurrency mining market. The report states that prototyping and development began last year, with mass production of the chips starting earlier this month.

Why That Great eBay Deal On A Hardware Wallet Might Actually Be A Scam

Posted on 8th January, 2018

Hardware wallets are one of the greatest deals in the cryptocurrency world, providing substantial security for a reasonable price. At least, that’s how it’s supposed to work. But a new eBay scam is turning those dreams of safe, secure crypto coins into a nightmare for some unwary users.

Is Segwit2x The Next Bitcoin Cash, Or Just Another Failed Alt-Coin In The Making?

Posted on 1st January, 2018

There’s no getting around the fact that Bitcoin Cash (BCH) — the controversial bitcoin hard fork promoted by equally controversial personalities Roger Ver and Jihan Wu — made a name for itself in 2017. Leaving aside the technical discussion around Bitcoin Cash, and its long-term viability as a rival to Bitcoin Core, the BCH fork […]

Is Israel Planning A State-Backed Cryptocurrency?

Posted on 27th December, 2017

According to a report published by Reuters, Israel’s central bank is giving serious consideration to a plan that would create a new, state-backed cryptocurrency for the country. The report includes few specifics about the proposed digital currency, and cites only a single, anonymous source within the Bank of Israel. Should the Bank of Israel approve […]

What’s The Deal With The BitcoinX Fork?

Posted on 20th December, 2017

Last week, a new fork of the bitcoin blockchain was brought to our attention here at BitcoinX.com. Under normal circumstances, we likely wouldn’t report on a relatively unknown hard fork like this — one of many to come, given the relative success of the Bitcoin Cash (BCH) fork — but in this case we really […]

Swiss Banking Giant UBS To Launch New Ethereum-Powered Platform For Banks

Posted on 11th December, 2017

While it might not have the headline-grabbing appeal of bitcoin’s recent price surge, a new Ethereum-powered bank-to-bank data-checking platform may just be the start of a major innovation in blockchain technology. Swiss financial services giant UBS recently announced the project, known as Madrec (Massive Autonomous Distributed Reconciliation platform), which aims to streamline data verification processes […]

Tech Profile: Ammbr

Posted on 2nd December, 2017

Here in the U.S., a major political battle is currently taking place over “net neutrality.” At the core of this discussion is a simple question: Should the giant telecom companies be able to control how their customers access and use the internet? Not surprisingly, the telecom giants have spent tens of millions of dollars on […]

Some biggest bitcoin hacks and thefts of all times

Posted on 23rd July, 2017

For your pleasure, entertainment, and hopefully some information, I present below the wall of shame, starting with a less obvious and perhaps incorrect choice for the repugnant honor of the biggest bitcoin hack and theft of all time. Jed McCaleb, founder of Ripple (publicly announced he was to sell around one billion of them crashing […]

BitPay announces major protocol update for Bitcore and Copay

Posted on 25th September, 2014

Perhaps in advance of their looming PayPal partnership, the engineers at Atlanta-based bitcoin payment processor BitPay have been hard at work updating Copay and Bitcore — their open-source, multisig wallet platform and bitcoin core implementation, respectively — to become as “featureful as possible.” The new updates, announced today, bring a range of new options and […]

Two U.S. banks to test Ripple protocol

Posted on 24th September, 2014

Ripple Labs announced today that their bitcoin-friendly alt-coin system will soon be offered to the customers of two small U.S. banks. The Ripple system is part of a new low-cost, real-time international payments service offered by CBW Bank of Topeka, Kansas, and Cross River Bank of Teaneck, New Jersey. The integration is the first time […]