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Jack Dorsey: Bitcoin Is "Best Manifestation" of a Native Internet Currency
Jack Dorsey: Bitcoin Is "Best Manifestation" of a Native Internet Currency
News  •  Bitcoin  •  Sep 09, 2020 by Nick Chong

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

Bitmain Denied $30 Million in Damages from Bitcoin Mining Rival
Bitmain Denied $30 Million in Damages from Bitcoin Mining Rival
News  •  Bitcoin  •  Sep 09, 2020 by Shaurya Malwa

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

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
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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
OpenNode Co-Founder: Tim Draper's Bitcoin Cash Tweet Was From a Hacker
OpenNode Co-Founder: Tim Draper's Bitcoin Cash Tweet Was From a Hacker

On September 4th, long-time Bitcoin investor Tim Draper confused his 144,000 followers when he tweeted out a promotional tweet about Bitcoin Cash.  "I recently purchased some BCH. So easy to buy/use. Go to http://Bitcoin.com. Thank you @rogerver_cash for this innovation. #bitcoin #BitcoinCash," the

News  •  Bitcoin  •  Sep 06, 2020
MuSig-DN Promises a Faster, Smaller, Cheaper Option for Secure Multisig
MuSig-DN Promises a Faster, Smaller, Cheaper Option for Secure Multisig

A persistent problem in cryptography is that of insufficiently random numbers.  Not-random-enough might sound like a contradiction in terms, but the issue has led to known attacks and real losses. On Thursday, the Blockstream research team introduced MuSig-DN, a proposal to overcome the vulnerabilities introduced by bad random number generators

News  •  Bitcoin  •  Sep 06, 2020
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