Bitcoin Magazine, 1/1/0001 12:00 AM PST On Friday, Star Xu, CEO of trading platform OKCoin, published his company’s security policy in a Reddit thread. “OKCoin has decided to openly share [its] cold wallet security information. Through this transparency, OKCoin aims to assure users of the security of their funds,” the post stated. Xu then encouraged members of the community to contribute feedback. He began by outlining the company’s security design philosophy, focusing on key vulnerabilities inherent in Internet connections, USB drives and reliance on centralized management. He went on to explain how the company’s security design protocol addressed concerns surrounding private key generation and backup, depositing bitcoin from an online hot wallet to an offline cold wallet, and retrieving bitcoin from an offline cold wallet. The […] The post OKCoin Reveals Security Policy: Sets Standard for Operational Transparency appeared first on Bitcoin Magazine. |
Engadget, 1/1/0001 12:00 AM PST
|
CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin price was sold down strongly in the last wave of correction prior to the advance on $300. Bitcoin value received a boost from unexpected quarters when it was revealed that the Fed and IBM want to “copy” the Bitcoin concept. This analysis is provided by xbt.social with a 3 hour delay. Read the full […] The post Bitcoin Value Gets A Boost From The Fed appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST People often say the bitcoin community is full of young, white males. But to what degree is this actually true? Take our survey and help us find out. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST IBM is considering adopting the blockchain technology behind Bitcoin to create a digital cash and payment system for major currencies, Reuters reports. The rumor is attributed to “a person familiar with the matter.” So far, official media representatives at IBM and other possibly involved parties, such as the U.S. Federal Reserve, did not respond to Reuters emails about the story. “It’s sort of a Bitcoin but without the bitcoin,” the unnamed source said. “These coins will be part of the money supply. It’s the same money, just not a dollar bill with a serial number on it, but a token that sits on this blockchain. We are at a tipping point right now. It’s making a lot more sense for […] The post Is IBM Building a Digital Cash for National Currencies? appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST Commentary by Jacob Donnelly. At least twice a week, I get asked about Bitcoin. More people in my network realize I write about it, so they naturally want to know what it is, how it works and whether it’s a Ponzi scheme. I quickly realized that I had rehearsed the perfect answer to every question. At least, I thought it was the perfect answer to every question. Then I read The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order by Paul Vigna and Michael J. Casey. The two are Wall Street Journal writers, and this is their attempt at explaining the history of digital currency, the inception of Bitcoin, its evolution and future. “Our […] The post ‘The Age of Cryptocurrency’ is Perfect Introduction to Bitcoin and the Blockchain appeared first on Bitcoin Magazine. |
Entrepreneur, 1/1/0001 12:00 AM PST The tech company is looking at the underlying technology behind bitcoin, known as the 'blockchain,' to create a digital cash and payment system |
CryptoCoins News, 1/1/0001 12:00 AM PST Apparently the financial voice for baby boomers (those born post World War II), Neale Godfrey has a poke at describing fiat and bitcoin, and differences via a Forbes article. Neale starts with the explanation that the fiat she is referring to is not the model of car. And to be fair, most people in this […] The post A Few Words About Fiat… Because Bitcoin Is Not Just a Car appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST CoinDesk examines the current challenges facing merchant-focused companies in the bitcoin and digital currency space. |
CryptoCoins News, 1/1/0001 12:00 AM PST There are many reasons for citizens of the world to be dissatisfied with the current government of their nations. For those with a keen interest or expertise in cryptography, the Decentralized Anonymous State (DAS) has been founded. Yes, you read that right: a decentralized state. What does that look like in real terms? Well, it’s […] The post Bitcoin Enthusiasts Invited to Join the Decentralized Anonymous State appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST It was only a matter of time. The ultra-advanced, superior technology of the digital currency Bitcoin and it’s Blockchain public ledger system are in danger of being co-opted. The tacit compliments of the financial establishment for the Bitcoin Blockchain, not Bitcoin the currency, over the past year are starting to be followed with action. IBM, […] The post IBM and Federal Reserve Want to Create a Bitcoin Knock-Off appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST Complete with staggering funding rounds and mysterious bitcoin startups, this week's news served up an unusually high dose of intrigue |
CoinDesk, 1/1/0001 12:00 AM PST IBM may be looking to further its exploration of bitcoin and blockchain products, according to a new report by Reuters. |