Overstock Glitch Gave Customers ‘Discounts’ With Bitcoin Cash

This week security experts found a website glitch on the e-commerce marketplace Overstock that let customers purchase items for a fraction of the price. The reason users were getting such huge discounts is because the system was accidentally allowing bitcoin cash (BCH) purchases in place of items priced in bitcoin core (BTC). Also read: No, Mainstream … Read more

Japan’s Most Popular Chat App In Talks to Integrate Cryptocurrencies

Japan’s most popular chat app, with 168 million active monthly users, Line, could soon integrate cryptocurrencies. The company is reportedly in talks with a number of companies to integrate cryptocurrencies into its mobile payment service, Line Pay. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Line Could Soon … Read more

US Marshals Plan to Auction $52M Worth of Seized Bitcoins

The U.S. Marshals announced on January 11 that the agency has plans to have another online bitcoin auction on January 22. The six-hour auction will see the sale of 3,813 bitcoins ($50Mn USD) seized from various criminal cases. Also read: Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion A Six-Hour Online Bitcoin Auction … Read more

Australian Taxation Office Wants to Curb Bitcoin-Related Tax Evasion

People may have been using cryptocurrencies to evade taxes all over the world. Whether or not anyone will ever uncover evidence of people doing so remains subject to speculation. In Australia, the Australian Taxation Office wants to find out how people are using cryptocurrencies. A new task force has been created to investigate any reports … Read more

BitFury Group De-Anonymizes Over 15% of the Bitcoin Network With New Blockchain Analysis Tool

The ability to analyze and link Bitcoin transactions is something many governments and regulators hope to do more of moving forward. A lot of officials still think Bitcoin is anonymous, even though that is far from the case. BitFury Group recently demonstrated their latest analysis tool by de-anonymizing several million Bitcoin transactions. It’s an interesting turn of events, … Read more

Kibbo Lotto to Repay Investor Faith with $13 Mln Distribution Plan

Kibbo Lotto, an international decentralized Lotto powered by Blockchain and Ethereum smart contracts, is repaying the faith to their investors by launching a $13 mln distribution plan. Over 4500 partners had already received distribution money and it’s still on. Disclosure: This is a Sponsored Article While still in full development, Kibbo states that they are … Read more

No, Mainstream Media, That Country Did Not Ban Bitcoin. Again.

Headlines roared late last night in the western hemisphere, morning in the east, as mainstream media outlets breathlessly ran with an initial report from a legacy wire service: the Republic of South Korea is to ban cryptocurrency. The truth is more subtle, and it’s fast becoming an object lesson in fear, uncertainty, and doubt (FUD). … Read more

Tokenizing User Data on Social Media with Blockchain

Twenty years ago, marketing and advertising were a sole industry that relied on a print type of content, banner ads and conventional TV commercials to market their products and services. At the time, the process worked because there were no viable competitors to disrupt the system. The Internet and the rise of social media changed … Read more