BitsOnline News


Is Major Congestion Coming to the Ethereum Network Again?

The Ethereum network saw its throughput limitations tested last year during the CryptoKitties craze. As this year’s bear market has ensued, things have relaxed as on-chain activity has acutely died down. But with the Augur Project’s launch com...

BitsOnline

06/28/2018

Sacramento Kings Mining Ether in a Bid to Uplift Local Community

The Sacramento Kings NBA franchise is breaking new ground by starting a new charitable initiative dubbed MiningforGood, where it will mine ether (ETH) for the benefit of local community efforts. Cryptocurrency being used for charity is becoming routine, w...

BitsOnline

06/28/2018

After Verge Disaster, Why Is Pornhub Doubling Down on Dubious Altcoins?

Pornhub’s announced — just over a month after the disastrous series of 51 percent attacks on Verge — that the pornography media website will be accepting two additional altcoins as payment for their premium services. But their choices of...

BitsOnline

06/28/2018

Wanted: Florida Seeks Cryptocurrency Chief

According to a press releaseissued by the office of the Florida Chief Financial Officer Jimmy Patronis, the state needs to provide more oversight of the cryptocurrency industry. To address this need, Patronis has created a new position: cryptocurrency chi...

BitsOnline

06/28/2018

Dan Larimer Releases Proposal to Fix EOS

EOS founder and Block One CTO Daniel Larimer has published a new blog post addressing the recent controversial actions taken by the EOS Core Arbitration Forum (ECAF). In it, he proposes a change to the EOS Constitution to stop arbitrary decisions by creat...

BitsOnline

06/28/2018

Uphold to Acquire New York Broker Dealer, Applies to Expand Scope of Business

In anticipation of the newly regulated crypto space that is upon us, multi-currency platform and exchange Uphold has formally agreed to acquire JNK Securities, a broker-dealer based in New York and member of the New York Stock Exchange (NYSE). Also see:Te...

BitsOnline

06/28/2018

Blockchain-Based News Platform DNN to Launch Public Sale

EDISON, New Jersey, June 27, 2018 News review platform, Decentralized News Network (DNN), is delighted to launch their public sale in the coming weeks, on July 25, 2018. The token sale date follows DNNs successful pre-sale, which was fueled by the compan...

BitsOnline

06/27/2018

Ingot Coin Forms Alliance of Blockchain Startups to Merge ICOs

Token sales have fundamentally transformed the financial landscape and, more specifically, changed how startups and other firms obtain investment capital to fund their business operations. Both good and bad have come from this newly conceived funding mech...

BitsOnline

06/27/2018

IP Gold Announces One Day Token Sale to Celebrate Migration to NEM

Ever since the crypto spell was cast over investors in 2017, some of the more popular blockchains have been experiencing continuous problems with network congestion. Of these blockchains, Ethereum and its infamous Crypto Kitties likely jump out at you as ...

BitsOnline

06/27/2018

On Quantum Computing with Quantum Resistant Ledgers Adam Koltun

Adam Koltun, the Lead Evangelist for the new Quantum Resistant Ledger (QRL), spoke with Bitsonline about what we know, don’t know, and should know about quantum computing. It’s a topic he’s well versed in, as his project’s explicit...

BitsOnline

06/27/2018

Feds Seize Crypto Worth $20 Million From Darknet Vendors

The Department of Justice, the top law enforcement body of the U.S. government, has partnered with other U.S. agencies and seized crypto worth $20 million USD from darknet vendors. The DOJ has called it the first nationwide undercover operation” tar...

BitsOnline

06/27/2018

You Can Now Mine Crypto in Ukraine Without a License

Have you ever been interested in cryptocurrency mining? If so, you might want to start in Ukraine, where officials are now allowing miners to operate without a license. Also see:Tether Issues 250 Million New Tokens, Bitcoin Awaits Price Bump Subscribe to ...

BitsOnline

06/27/2018

Buzz, Debate Around ZCash Amid Overwinter Fork, Zcon0

The Zcash (ZEC) privacy coin just succeeded in its inaugural upgrade, Overwinter, which included various future-minded performance improvements. There’s also been buzz over the similarly inaugural Zcon0, a three-day Zcash-based conference that start...

BitsOnline

06/27/2018

Australias First International Exchange and a Chat About Women in Crypto: Interview With Blockbids Emma Hoffman

Australia is set to get its first truly international cryptocurrency exchange, with Melbourne-based Blockbid — currently in beta testing — set to launch in August/September. Bitsonline caught up with Emma Hoffman, Blockbids Chief Marketing Off...

BitsOnline

06/27/2018

Facebook Lifts Ban on Cryptocurrency Ads That Meet New Standards

Some bullish news has arrived in a struggling market, as Facebook has announced they are lifting their ban on cryptocurrency advertisements — but it’s with a catch. Also see:Bitcoin ABCs Amaury Sechet Calls Out nChain Patent Subscribe to theBi...

BitsOnline

06/26/2018

Bitcoin ABCs Amaury Sechet Calls Out nChain Patent

In recent weeks, considerable debate has sprung up in the Bitcoin Cash (BCH) community over the growing number of BCH-centric patents granted to blockchain developers nChain. Detractors are concerned it’s setting the stage for patent trolling, and i...

BitsOnline

06/26/2018

Major Influencers to Meet at Japan Blockchain Conference 2018

Blockchain-based influencer marketing platform, Patron, is announcing that the 2018 Japan Blockchain conference will be onboarding some high-profile names within the crypto arena. The conference will be held for two days, starting on June 26 and continuin...

BitsOnline

06/26/2018

Hive Project Forms Partnership With B2B Solutions Company Gosocket

Its been said that cryptocurrency projects are to today what the first internet startups were to the 1990s. Some even make comparisons between last years crypto bull market and subsequent crash and the Dot-com bubble — not in a bad way, either. This...

BitsOnline

06/26/2018

Subutai: Making Centralized Cloud Computing Obsolete

In the final years of the Obama Administration, it seemed that the world was witnessing the emergence of an odd alliance between the largest establishment tech companies and the traditionally anti-establishment community of independent techies. The highes...

BitsOnline

06/26/2018

EXMO Cancels Its Token Sale, Says Extra Funding Not Needed

Cryptocurrency exchange, EXMO, has canceled plans to roll out a token generation event (TGE) that would have been used to fund an expanded product offering. The London-based exchange made the announcement on June 22, 2018 that they were calling it off. Th...

BitsOnline

06/26/2018

Via BitPay, Avira Shifts to Crypto Starting With Phantom VPN Pro

German multinational internet security maestros Avira have onboarded with crypto payment processor BitPay and will now accept both bitcoin (BTC) and bitcoin cash (BCH) for the Avira Phantom VPN Pro. The company told Bitsonline it’s considering openi...

BitsOnline

06/26/2018

Synth: Inside the Mind of the Skycoin Maestro

“I am untouchable. I could murder and eat babies and would come out unscathed. I apologize for nothing.” — Synth, Skycoin co-founder, via Telegram.Bitsonline takes you inside the rabbit-hole mind of one of the space’s most perplexi...

BitsOnline

06/26/2018

Alibaba Co-Founder Jack Ma Bashes Bitcoin, Leverages Blockchain Technology

Jack Ma, co-founder of the Chinese technology conglomerate Alibaba Group, has yet again raged against the bitcoin machine, calling it a foreseeable bubble. At the same time, Alibaba Group subsidiary Ant Financial espoused bitcoin’s ground-breaking b...

BitsOnline

06/26/2018

E-Toro Adds Cardano to Its Crypto Slate

Social trading platform e-Toro has recently added Cardano to its growing array of cryptocurrency offerings. Cardano is now the 11th digital asset available to e-Toro customers. Also see:Congress Investigating Influence of Cryptocurrencies on Elections Sub...

BitsOnline

06/26/2018

Tether Issues 250 Million New Tokens, Bitcoin Awaits Price Bump

In its first release since May, Tether issued 250 million new USDT coins yesterday. With Bitcoin hitting 2018 lows in the past few days, the move has fueled speculation by those who think Tether is manipulating the crypto market that the release is an eff...

BitsOnline

06/26/2018

Junseths World Episode 38: Well Hanged

The latest episode of Junseth’s World is jam-packed with everything from the latest crypto news to the history of banking, religions, and everything in between. Does Ripple settle? Will mining ever go away (from your town)? Should we choose our next...

BitsOnline

06/25/2018

Bitfinex Users Reporting Fiat Deposits not Processing

BREAKING: Complaints are surfacing regarding fiat deposits not being confirmed and credited, Bitsonline reports. Bitsonline has received reports of consumers getting deposits bounced back or receiving similar errors, in addition to having margin positions...

BitsOnline

06/25/2018

Decentralized News Network Launches New Website

Decentralized News Network (DNN), a blockchain-based platform for content creation and media curation, has rolled out a new website. According to the project team, this new website better represents the goals of DNN, and has clarified language that makes ...

BitsOnline

06/25/2018

Heres What You Missed at the 2018 World Blockchain Forum in New York

Were you unable to make it to New York City for the World Blockchain Forum? No worries, were bringing you highlights from the conference so you can get caught up from the comfort of your own home. Also read: Alex Mashinsky: Cryptocurrency Adoption at Worl...

BitsOnline

06/25/2018

Alex Lightman: Cryptocurrency History and What it Means for Our Industry

At the World Blockchain Forum in New York City, Token Communities CEO Alex Lightman gave a presentation on Cryptocurrency history. In this talk, Lightman went over the different eras of the technology, price drivers and movements during this era, and how ...

BitsOnline

06/25/2018

Making Frank Fu CEO, HBUS Crypto Marketplace Sets Eyes on U.S.

Upstart U.S. crypto marketplace HBUS has now brought in Frank Fu, formerly of Chinese tech powerhouse Meitu, to serve as the platform’s CEO. Fu will leverage his expertise toward helping the fledgling marketplace gain ground on more entrenched U.S. ...

BitsOnline

06/25/2018

3 Ways Wall Street Is Broken (and How Crypto Is Fixing It)

The current financial status quo is highly inefficient, to put it lightly. There are many toll collectors eating into cash flows and charging high commissions for every transaction made. Wall Street is no better. Stock exchanges and brokers charge investo...

BitsOnline

06/25/2018