Category: News

Patents from Ebay, WU, and Gemalto threaten the de-centralization of Bitcoin

Corporates want a piece Recently Ebay, IBM, and JPMorgan looked at issuing patents for bitcoin. One of the most recent companies to enter was the colorado-based giant WestrnUnion. WU received a patent on April 1st which suggested that it would give the company a way to claim a certain aspect of the bitcoin industry – the exchange of the alt coins. This is a huge risk for bitcoin because it …
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Webhallen started accepting Bitcoin

Webhallen started accepting payments in Bitcoin Webhallen is a swedish company who started accepting bitcoin as payment back in March. Webhallen was purchased by Ecommerce business Komplett around April of 2013 for $23m. Webhallen is an electronics company that sells anything from video games to SSDs. They are one of the largest electronic resellers in sweden and are worth around $20m. In an interview with Webhallen they stated that the response from the customers was …
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Dogecoin ponzi scheme unraveled

There are many advantages of altcoins, some of which include faster transaction speeds and more secure mining algorithms. However, many altcoins fall into scams and give in to quick pump and dumps which inhibits altcoin potential. We have heard alot about dogecoin, which is a litecoin based cryptocurrency that took off as a meme and received alot of media attention. However, now we have PonziDoge – A dogecoin ponzi scheme, which is …
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Coinpunk allows you to host your own Bitcoin wallet

The biggest problem with bitcoin at the moment is merchant adoption. There are emerging startups which are trying to bring bitcoin to the everyday user by increasing merchant adoption. One such example is Coinpunk. Coinkpunk is a wallet hosting service just like blockchain.info. It is a front-end bitcoin platform which allows to send bitcoin, withdraw, and deposit. If you would like to know in detail how to install coinpunk on …
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