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Alleged Bitcoin Ponzi Scheme Organizers Arrested in Taiwan

CoinDesk, 1/1/0001 12:00 AM PST

Authorities in Taiwan have reportedly arrested two individuals in connection with bitcoin-focused Ponzi scheme MyCoin.

Bitcoin Price Scraping The Bottom

CryptoCoins News, 1/1/0001 12:00 AM PST

Bitcoin price has decreased in range and volatility as the XT cult and bitcoin sceptics continue selling hopelessly into the support floor. Without institutional support, the move cannot pull to lower lows. We have to wait for the doldrums to subside on their own. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h08 UTC Bitstamp 1-Hour Chart From the analysis pages of xbt.social, earlier today: Little change in price action and our […]

The post Bitcoin Price Scraping The Bottom appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

7 Leading Bitcoin Companies Pledge Support for BIP101 and Bigger Blocks

Bitcoin Magazine, 1/1/0001 12:00 AM PST

Leading bitcoin startups including BitPay, Blockchain.info, Circle, KnCMiner, Bitnet, Xapo and BitGo have come to a consensus to implement Gavin Andresen’s BIP 101, and to expand the current block size to 8 megabytes, after a long discussion with core developers, miners and the companies’ technical teams. A statement of their support was posted on the Blockchain.info blog today signed by Stephen Pair, Peter Smith, Jeremy Allaire, Sean Neville, Sam Cole, John McDonnell, Wences Casares and Mike Belshe. “We support the implementation of BIP101,” the companies say in the letter. “We have found Gavin’s arguments on both the need for larger blocks and the feasibility of their implementation – while safeguarding Bitcoin’s decentralization – to be convincing. BIP101 and 8MB blocks […]

The post 7 Leading Bitcoin Companies Pledge Support for BIP101 and Bigger Blocks appeared first on Bitcoin Magazine.

Kim Dotcom Just Warned About a Significant Global Stock Market Correction on Twitter, tells followers "Get some #Bitcoin"

CryptoCoins News, 1/1/0001 12:00 AM PST

Kim Dotcom, the outspoken founder of Megaupload, Mega and other firms, recently tweeted about the Chinese Stock Market. The Chinese stock market experienced turbulence in late July and early August and since global stocks have taken a slide.  Is the China bubble ready to pop? A significant global stock market correction is imminent? Get some #Bitcoin. Just in case. Thank me later. — Kim Dotcom (@KimDotcom) August 24, 2015 In the tweet, he suggests his Twitter followers "Get some #Bitcoin." Dotcom, a German-Finnish Internet entrepreneur, businessman and political activist, was accused of criminal copyright infringement and other charges by the […]

The post Kim Dotcom Just Warned About a Significant Global Stock Market Correction on Twitter, tells followers "Get some #Bitcoin" appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Augur Breaks The 1,000 BTC Mark in Prediction Market Crowdsale

CryptoCoins News, 1/1/0001 12:00 AM PST

Augur has launched the world’s first decentralized prediction market that would be open to the general public. Prediction markets work on the idea that large groups of people are able to make much more accurate predictions than, small teams of experts. Augur enables participants in its prediction markets to now put their money where their mouth is. Participants back their beliefs by placing wagers on the outcomes of diverse events, that range on everything from politics, the economy and even the environment itself. The funds are stored securely on Augur’s platform, and are accessible only to the owners of the […]

The post Augur Breaks The 1,000 BTC Mark in Prediction Market Crowdsale appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

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