Bitcoin Magazine is one of the original news and print magazine publishers specializing in Bitcoin and digital currencies. Bitcoin Magazine began publishing in 2012, and was co-founded by Vitalik Buterin and Mihai Alisie. It is currently owned and operated by BTC Media in Nashville, Tennessee. Richtopia listed Bitcoin Magazine as #8 on its “Top 100 most influential companies in blockchain.”
Archive | February, 2018
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Bitcoin is a cryptocurrency, an electronic asset made to are a medium of exchange that uses cryptography to regulate its creation and management, somewhat than counting on central specialists. The presumed pseudonymous Satoshi Nakamoto included many existing ideas from the cypherpunk community when making bitcoin. During the period of bitcoin’s history, it offers undergone rapid progress to become significant money both on and offline – from the middle 2010s onward, some businesses on a worldwide scale started acknowledging bitcoins in addition to fiat currencies.
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BTC-e was a digital currency trading platform and exchange. It was founded in July 2011 and as of February 2015 handled around 3% of all Bitcoin exchange volume. Until the 25th of July 2017, it allowed trading between the U. S. dollar, Russian ruble and euro currencies, and the bitcoin, litecoin, namecoin, novacoin, peercoin, dash and ethereum cryptocurrencies.
It has been a component of the CoinDesk Bitcoin Price Index since the index started in September 2013.
BTC-e was operated by ALWAYS EFFICIENT LLP, which is registered in London and is listed as having 2 officers: Sandra Gina Esparon and Evaline Sophie Joubert and two people with significant control: Alexander Buyanov and Andrii Shvets.
The US Justice Dept attempted to close down BTC-e on the 26th of July 2017 when they charged Alexander Vinnik and BTC-e in a 21-count indictment for operating an alleged international money laundering scheme and allegedly laundering funds from the hack of Mt. Gox.
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Bitcoin Gold is a hard fork of the open source cryptocurrency Bitcoin. The fork occurred on 24 October 2017, at block height 491407. The stated purpose of the fork is to restore GPU mining functionality to Bitcoin, as opposed to specialized ASICs with entry prices in the thousands of dollars.
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Bitcoin Cash (BCH) is a hard fork of the cryptocurrency bitcoin. The bitcoin scalability debate led to the hard fork on August 1, 2017, which resulted in the creation of a new blockchain.
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The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them. Whilst the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications. While some countries have explicitly allowed its use and trade, others have banned or restricted it. Likewise, various government agencies, departments, and courts have classified bitcoins differently. While this article provides the legal status of bitcoin, regulations and bans that apply to this cryptocurrency likely extend to similar systems as well.
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Bitcoin Cash (BCH) is a hard fork of the cryptocurrency bitcoin. The bitcoin scalability debate led to the hard fork on August 1, 2017, which resulted in the creation of a new blockchain.
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BTC Markets is a large cryptocurrency exchange based in Melbourne, Australia. BTC Markets accepts Australian dollars, Litecoin, and Bitcoin in exchange for Bitcoin, Litecoin, Ethereum, Ethereum Classic, and Ripple. BTC Markets uses various security measures, including know your customer procedures and two-factor authentication.
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Bitcoin.com is a company that provides Bitcoin services, such as buying and selling cryptocurrencies and choosing a wallet for Bitcoin or Bitcoin Cash. The associated website aims to be a bitcoin-related web portal servicing all things Bitcoin. Accordingly it features a wide range of products and services such as a Bitcoin mining pool, blockchain explorer, Bitcoin wallet, news, various tools, Bitcoin forum, educational resources and information, pricing charts, as well as a store and a online games casino.
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Kraken is a prominent, US-based cryptocurrency exchange operating in Canada, the EU, Japan, and the US, and “the world’s largest bitcoin exchange in euro volume and liquidity”. . In June 2016, Kraken added Ethereum dark pool trading for large bitcoin buyers. Ven (currency) has also been traded on Kraken.
Kraken provides Bitcoin pricing to the Bloomberg Terminal. In April 2017, According to the reports, Kraken launched fiat funding options to transfers denominated US dollars and government-issued currencies.
Throughout 2017, the Kraken exchange has suffered from DDoS attacks and performance issues. In November 2017, Kraken CEO Jesse Powell apologized for the site issues, but praised its security, citing its impeccable record.
On 10 January 2018 Kraken suspended trading for over 48 hours while it performed an upgrade which was intended only to take 2 hours. Since first opening in 2011 this was the longest interruption to service.