CryptoPay Deems it Unsafe to Enable Bitcoin Cash Support

It is interesting to take note of the different opinions on Bitcoin Cash. This established altcoin has built up a solid reputation ever since. Cryptopay, a popular payment gateway and prepaid card provider, seems to be less convinced, though. They are currently in the process of adding new currencies. BCH is not high on the list at all. Not entirely surprising, although it does raise a fair few questions. Service providers have some difficult decisions to make. Especially when it comes to adding new currencies, there are plenty of options.…

News Site Gives Users ‘Choice’ To See Ads Or Mine Cryp… | News

American news outlet Salon is now offering visitors the bizarre option of either disabling their ad blockers or allowing Salon to access a visitor’s “unused computing power”, a veiled way of apparently asking users to allow Salon to mine cryptocurrency via the user’s computer. Salon frames its request to users around supporting the company, stating in a pop-up on the site “[w]e depend on ads to keep our content free for you”. The site also informs visitors that if users choose to let Salon access their “unused” processing power, said…

Blockchain Startup Po.et Nabs Former Washington Post VP as Its New CEO — Bitcoin Magazine

Po.et, a blockchain startup that allows content creators to create time-stamped titles for their written, visual and audio work, has announced Jarrod Dicker, who has held positions at the Washington Post, Time Inc. and Huffington Post, as its new CEO. It may be the perfect match. Po.et wants to change the way content creators manage their work and Dicker has a history of ushering traditional news outlets into the digital age, so they are not solely reliant on advertising and subscriptions. Dicker left his position as VP of innovation and…

Cryptocurrency Exchange’s $170 Million Nano Coin Loss Sparks Outrage — Bitcoin Magazine

On Friday, February 9, 2018, Italian cryptocurrency exchange BitGrail announced that “internal checks revealed unauthorized transactions which led to a 17 million Nano [XRB] shortfall, an amount forming part of the wallet managed by BitGrail.” The shortfall when reported was allegedly worth $170 million and has presumably rendered BitGrail insolvent, despite the fact that the other wallets and currencies that the exchange has were purportedly untouched. The 9:30 p.m. UTC announcement by the Florence-based exchange gives some cause for circumspection. The founder of the exchange, Francesco “The Bomber” Firano, fired…

United Bitcoin May Be the Most Controversial Fork to Date

News Back on December 12 the well-known developer Jeff Garzik launched a Bitcoin Core (BTC) based fork called United Bitcoin (UBTC) after Segwit2x failed. At block height 498,777 the snapshot took place, and the UBTC network began just like the rest of the forks in existence, but claiming the tokens is far more complicated than one would think. Also read: The 65 Percent Price Dip Has Made ‘Bitcoin Whales’ A lot More BTC The Promises of United Bitcoin A few months ago we reported on the UBTC project…

Winklevoss Twins Predict a Bitcoin Market cap of $4 Trillion

There is no reason to think cryptocurrency markets will stagnate. Even though things may not look promising, the markets will eventually recover. According to the Winklevoss twins, a $4tn market cap is only a matter of time. In fact, this number will represent the Bitcoin market cap alone. With other cryptocurrencies appreciating in value as well, the total cap will be close to $10tn or more. The cryptocurrency markets have been rather volatile over the past few weeks. This has also affected the Bitcoin price and other cryptocurrency markets. As…