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Bitcoin Smart Contract Used in $10,000 Bet on US Election Outcome
Bitcoin Smart Contract Used in $10,000 Bet on US Election Outcome
News  -  Bitcoin  -  Sep 10, 2020 by Shaurya Malwa

A smart contract was recently deployed on the Bitcoin network to place a $10,000 bet on the outcome of the upcoming US presidential election, marking the first such instance of its kind. On September 8th, Nicolas Dorier, the founder of open-source Bitcoin payment processor BTCPay Server, said he used

GitHub CEO Isn't Concerned Central Bank Censorship Will Hurt Bitcoin
GitHub CEO Isn't Concerned Central Bank Censorship Will Hurt Bitcoin
News  -  Bitcoin  -  Sep 09, 2020 by Nick Chong

It's no secret that many central bank officials are no fans of Bitcoin.  Jerome Powell, current Chairman of the Federal Reserve, framed Bitcoin as a "speculative store of value" in a 2019 speech in front of the U.S. Senate. Powell then dismissed fears that Bitcoin

The IRS Is Paying Developers to Crack Privacy of Bitcoin's Lightning Network
The IRS Is Paying Developers to Crack Privacy of Bitcoin's Lightning Network

It goes without saying that the concept of decentralized money and the U.S. Internal Revenue Service (IRS) are at odds. Hence, the U.S. tax agency has recently increased its efforts to crack down on tax crime enabled by Bitcoin and related technologies. In an August New York Times

News  -  Bitcoin  -  Sep 10, 2020
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The IRS Is Paying Developers to Crack Privacy of Bitcoin's Lightning Network
The IRS Is Paying Developers to Crack Privacy of Bitcoin's Lightning Network

It goes without saying that the concept of decentralized money and the U.S. Internal Revenue Service (IRS) are at odds. Hence, the U.S. tax agency has recently increased its efforts to crack down on tax crime enabled by Bitcoin and related technologies. In an August New York Times

News  -  Bitcoin  -  Sep 10, 2020
Bitcoin Smart Contract Used in $10,000 Bet on US Election Outcome
Bitcoin Smart Contract Used in $10,000 Bet on US Election Outcome

A smart contract was recently deployed on the Bitcoin network to place a $10,000 bet on the outcome of the upcoming US presidential election, marking the first such instance of its kind. On September 8th, Nicolas Dorier, the founder of open-source Bitcoin payment processor BTCPay Server, said he used

News  -  Bitcoin  -  Sep 10, 2020
GitHub CEO Isn't Concerned Central Bank Censorship Will Hurt Bitcoin
GitHub CEO Isn't Concerned Central Bank Censorship Will Hurt Bitcoin

It's no secret that many central bank officials are no fans of Bitcoin.  Jerome Powell, current Chairman of the Federal Reserve, framed Bitcoin as a "speculative store of value" in a 2019 speech in front of the U.S. Senate. Powell then dismissed fears that Bitcoin

News  -  Bitcoin  -  Sep 09, 2020
Jack Dorsey: Bitcoin Is "Best Manifestation" of a Native Internet Currency
Jack Dorsey: Bitcoin Is "Best Manifestation" of a Native Internet Currency

When Twitter chief executive Jack Dorsey spoke to the Australian Financial Review in September 2019, he appeared interested in Bitcoin as a store of value, but unsure about its potential as a currency, stating that “it’s not functional as a currency. The peaks and troughs are like an investment

News  -  Bitcoin  -  Sep 09, 2020
Bitmain Denied $30 Million in Damages from Bitcoin Mining Rival
Bitmain Denied $30 Million in Damages from Bitcoin Mining Rival

The Beijing No. 1 Intermediate People’s Court denied an appeal filed by Bitcoin mining firm Bitmain that sought over 210 million yuan (approximately $30 million) in damages from its rival Poolin, according to a court filing made public this week. Bitmain Accuses Poolin Co-Founders of Violating Non-Competes Poolin and

News  -  Bitcoin  -  Sep 09, 2020
French Food Delivery App Rolls Out Bitcoin Payments for Its 26 Million Customers
French Food Delivery App Rolls Out Bitcoin Payments for Its 26 Million Customers

The French subsidiary of food delivery service Just Eat will accept Bitcoin payments for all orders placed in its mobile application, as per an announcement on Monday. Just Eat France lists over 15,000 restaurants from all over the country and had an estimated 26.8 million users in 2018,

News  -  Bitcoin  -  Sep 07, 2020
LN Markets Closes Pre-Seed to Build Bitcoin Derivatives on the Lightning Network
LN Markets Closes Pre-Seed to Build Bitcoin Derivatives on the Lightning Network

Lightning-based Bitcoin derivatives trading platform LN Markets announced it has closed a pre-seed funding round with investors such as Bitfinex, Fulgur Ventures, and Arcane Crypto. LN Markets told the BTC Times that since launching their alpha in March earlier this year, it had aggregated over $10 million in total volume,

News  -  Bitcoin  -  Sep 07, 2020
Peer-to-Peer Trading Platform Bisq to Support SegWit
Peer-to-Peer Trading Platform Bisq to Support SegWit

Peer-to-peer trading platform Bisq will soon add support for  Segregated Witness (SegWit), according to a tweet on Saturday. Activated in August of 2017, SegWit introduced a number of improvements to Bitcoin’s performance, including an increase in Bitcoin’s theoretical block size that enabled fee savings for users, as well

News  -  Bitcoin  -  Sep 06, 2020
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