The World’s First Bitcoin Lottery is Offering a 1,000 BTC Bounty

Anyone kicking themselves for not buying bitcoin sooner now has a novel way to make amends. One of Ireland’s best known lottery operators is offering a bitcoin bounty worth millions of dollars. In exchange for picking six numbers, entrants – who aren’t limited to the Republic of Ireland – will be entered into a draw … Read more

Bitcoin Glossary: You’ve Heard of Crypto Mania – Now Say Hello to Cryptophasia

To outsiders, cryptocurrency is a strange and bewildering world. Dive into bitcoin Twitter for the first time and you’re confronted by an array of confusing acronyms, memes, and jargon tossed around like confetti. Cryptocurrency has its own language, honed through years spent lurking in trollboxes and forums with like-minded geeks. For anyone who’s new to … Read more

2018 Pyeongchang United States Olympic Luge Team to Accept Bitcoin Donations

Over the weekend, the United States Olympic Luge Team announced they are the first Olympic team in the country to advocate for and accept bitcoin in donation. With only two months from starting Winter Games in South Korea, there’s just enough time to promote both a crazy, cool olympic sport while promoting a cool, crazy … Read more

SEC Suspends Trading in Publicly Traded `The Crypto Company´ after 2500% Rise

The Securities and Exchange Commission (SEC) announced “the public interest and the protection of investors require a suspension of trading in the securities of The Crypto Company.” It’s the second time this year the SEC has gone after crypto-affiliated, publicly traded companies.  Also read: Tezos Foundation Board Member Quits SEC Suspends The Crypto Company Effective … Read more

“Fake Satoshi” Dorian Nakamoto is Probably $273,000 Richer After Selling His Bitcoins

In 2014, Dorian Nakamoto was wrongly identified as being the inventor of bitcoin. In the aftermath of Newsweek’s faulty dox, a compensatory fund set up for Dorian raised over 67 BTC. Like his namesake, the faux Satoshi has exercised remarkable restraint, leaving his haul of coins untouched until this year – when he finally cashed … Read more

How Dorian Nakamoto Became Satoshi Nakamoto

In 2014, Newsweek doxxed Dorian Nakamoto, an unassuming senior, as the creator of bitcoin. The bumbling Dorian, who claimed never to have heard of the digital currency, was besieged by journalists for days, prompting him to plot a harassment lawsuit. As introductions to bitcoin go, Dorian’s was hellish. And yet, three years on from the … Read more

Massachusetts Joins List of US States Hostile to Bitcoin

Lifelong Massachusetts politician, William Galvin, Secretary of the Commonwealth, turned sudden investment and currency expert this week, is issuing a seven-point warning about the perils of bitcoin. The uncharitable statement lands New England’s most populated region in the hostile category, joining a half dozen other states in anti-bitcoin mania. Also read: Rise of the Bitcoin … Read more

The Most Pointless Cryptocurrency Tokens Ever Invented

Just as Satoshi’s vision wasn’t 1,000 bitcoin forks, the vision of ethereum founder Vitalik Buterin wasn’t to decentralize the parenting industry. This year, an avalanche of ridiculous ERC20 tokens have been issued that take vaporware to the next level. From bananas on the blockchain to smart contract-based tombstones, these are the most pointless cryptocurrency tokens … Read more

This Week in Bitcoin: Regulators Mount Up as Bitcoin Keeps Bubbling

Welcome to the latest installment of This Week in Bitcoin stuffed with all the highlights and lowlights from the past seven days. In this edition: Korea, Korea, Korea, and a handful of stories that aren’t about Korea just for some variety. In the past week we’ve also experienced another all time high (what’s new) and … Read more

Japanese Investors Increasingly Switching From Traditional FX Trading to Bitcoin

A growing number of Japanese retail investors are switching from leveraged FX trading to leveraged cryptocurrency trading, thus driving the crypto market, according to a recent Deutsche Bank’s research. Operators of Japan’s largest FX platforms are launching their own crypto exchanges, offering leverage of up to 25x. Also read: South Korea Clarifies Position After Reports of … Read more