M&T Weekly News Update


Articles

The Digital Currency Summit Attends The Blockchain Week

12:12pm July 7th, 2015 by
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  The Digital Currency Summit (DCS) is a debate forum whose objectives are to understand what digital currency means and its implications for banks, governments and investors. DCS commits to organizing events to promote awareness and understanding about the technology. This year the Digital Currency Summit is taking part in a new event – The Blockchain week. The aim of the Summit is to attract bankers, lawyers and politicians from […]

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Reddit Revamp to Involve Blockchain Technology

11:10am July 7th, 2015 by
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  Reddit continues to toe the line between staying a decentralized media platform and a centralized one, which could gain more backing from venture capitalists. According to prominent venture capitalist Fred Wilson, the platform might not be able to find this kind of middle ground and that a revamp might need to rely on blockchain technology. Blockchain refers to the public ledger of transactions in bitcoin. This is updated by several […]

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Bitcoin Price Rockets; 280 Next!

10:08am July 7th, 2015 by
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  A little earlier on this morning we published our twice-daily bitcoin price watch piece. In the piece, we highlighted the levels that we will be watching throughout Monday’s European session, and suggested that we would keep a close eye on what was happening in Greece as far as helping us to form our intraday bias was concerned. Further, we outlined how we would employ our breakout strategy to draw […]

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Mt. Gox Users Given More Time to File Bankruptcy Claims Online

9:06am July 7th, 2015 by
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  Mt. Gox Bankruptcy Trustee, Attorney Nobuaki Kobayashi, today announced to extend the deadline for Bitcoin exchange users to file their bankruptcy claims online. According to the updated details, Mt. Gox users can now file fresh claims by 12 pm on July 29, 2015 (Japan Time), as opposed to the previous deadline, which was May 29, 2015. The new update also allows users to make changes to their filed applications […]

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Bitcoin Miners Reportedly Lose $50k Following a Manual Glitch

8:05am July 7th, 2015 by
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  A recent manual glitch on Bitcoin mining network costed miners about $50,000 worth in income, reported bitcoin.org. The trouble surfaced during a consensual upgrade across all the leading Bitcoin software clients. As recalled by the aforementioned Bitcoin channel, the new Bitcoin update was intended to enforce  BIP-66 to address the prevailingly surging mining hash rate. And as part of the rules, once 95% of the miners upgrade their clients […]

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Greeks Vote “No” Referendum: Return to Drachma or Parallel Currency?

6:58pm July 6th, 2015 by
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  When Greece missed its deadline to the IMF last week and talks of an imminent euro zone exit dominated the newswires, several Greeks already started moving their funds to bitcoin. Capital controls imposed in the country made it difficult for the Greeks to secure loans or make investments, leading to the rise of sites lending bitcoin and buying Greek products. After the Greek referendum resulted in a resounding majority […]

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A realistic view: This madness may end in tears for the cryptocurrency investors!

6:04pm July 6th, 2015 by
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  So, the Greeks have comprehensively rejected the imposition of austerity measures proposed by the troika of its creditors in lieu of the bailout funds. The outcome of the referendum held yesterday has also heightened the probability of a Grexit. Ever since it became clear in early May that the Greek government and the troika of European Central Bank, IMF, and the European Union will be at loggerheads over the […]

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Mt. Gox Users Given More Time to File Bankruptcy Claims Online

6:02pm July 6th, 2015 by
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  Mt. Gox Bankruptcy Trustee, Attorney Nobuaki Kobayashi, today announced to extend deadline for Bitcoin exchange users to file their bankruptcy claims online. According to the updated details, Mt. Gox users can now file fresh claims by 12 pm on July 29, 2015 (Japan Time), as opposed to previous deadline, which was May 29, 2015. The new update also allows users to make changes to their filed applications (for example, […]

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Bitcoin Miners Reportedly Lose $50k Following a Manual Glitch

6:00pm July 6th, 2015 by
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  A recent manual glitch on Bitcoin mining network costed miners about $50,000 worth in income, reported bitcoin.org. The trouble surfaced during a consensual upgrade across all the leading Bitcoin software clients. As recalled by the aforementioned Bitcoin channel, the new Bitcoin update was intended to enforce  BIP-66 to address the prevailingly surging mining hash rate. And as part of the rules, once 95% of the miners upgrade their clients […]

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New Dutch Law on Bulk Surveillance to Tap in Bitcoin Network?

5:57pm July 6th, 2015 by
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  A new law introduced in the Netherlands could allow surveillance to tap in the bitcoin network if investigations require it. This puts the anonymity of transactions using the cryptocurrency in question, as this is one of the appealing features of bitcoin. Last week, the Dutch government released the bill for public consultation, which means that there’s still an opportunity for members of the bitcoin network to weigh in their suggestions. […]

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