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Bitcoin Takes Its Next Step Towards Implementing Schnorr
Bitcoin Takes Its Next Step Towards Implementing Schnorr
News  •  Bitcoin  •  Sep 10, 2020 by Andrew Yang

Bitcoin Core has taken a significant step forward in implementing Schnorr signatures by merging BIP340 support into the libsecp256k1 library. The update introduces an experimental module named “schnorrsig” that implements the signing and verification of Schnorr signatures as well as test vectors and a benchmarking tool. Although this does not

Blockstream Joins Forces with Square in Crypto Open Patent Alliance
Blockstream Joins Forces with Square in Crypto Open Patent Alliance
News  •  Bitcoin  •  Sep 10, 2020 by Andrew Yang

Bitcoin infrastructure company Blockstream announced that it has joined the Crypto Open Patent Alliance (COPA), a day after the non-profit organization was launched by Square.  According to its official website, COPA seeks to prevent “patent lockups” of cryptocurrency technologies, which may hinder smaller companies from leveraging technological developments, stifling growth

MicroStrategy Tells SEC It May Buy More Bitcoin
MicroStrategy Tells SEC It May Buy More Bitcoin

On September 11th, MicroStrategy notified the SEC that it had adopted a new Treasury Reserve Policy. In Item 8.01 of the filing, the company noted that its bitcoin holdings “may increase beyond the $250 million investment that the Company disclosed on August 11, 2020.” The notification comes after the

News  •  Bitcoin  •  Sep 13, 2020
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MicroStrategy Tells SEC It May Buy More Bitcoin
MicroStrategy Tells SEC It May Buy More Bitcoin

On September 11th, MicroStrategy notified the SEC that it had adopted a new Treasury Reserve Policy. In Item 8.01 of the filing, the company noted that its bitcoin holdings “may increase beyond the $250 million investment that the Company disclosed on August 11, 2020.” The notification comes after the

News  •  Bitcoin  •  Sep 13, 2020
Bitcoin Takes Its Next Step Towards Implementing Schnorr
Bitcoin Takes Its Next Step Towards Implementing Schnorr

Bitcoin Core has taken a significant step forward in implementing Schnorr signatures by merging BIP340 support into the libsecp256k1 library. The update introduces an experimental module named “schnorrsig” that implements the signing and verification of Schnorr signatures as well as test vectors and a benchmarking tool. Although this does not

News  •  Bitcoin  •  Sep 10, 2020
Blockstream Joins Forces with Square in Crypto Open Patent Alliance
Blockstream Joins Forces with Square in Crypto Open Patent Alliance

Bitcoin infrastructure company Blockstream announced that it has joined the Crypto Open Patent Alliance (COPA), a day after the non-profit organization was launched by Square.  According to its official website, COPA seeks to prevent “patent lockups” of cryptocurrency technologies, which may hinder smaller companies from leveraging technological developments, stifling growth

News  •  Bitcoin  •  Sep 10, 2020
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
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