Cypherpunks Taiwan Successfully Erects Another Bitcoin Satellite Receiver

According to a report out of Blocktempo, Cypherpunks Taiwan has successfully erected another Bitcoin satellite receiver. The island nation is apparently only the second country in Asia to do so after Japan pipped it to the post last year. This setup takes advantage of the controversial Blockstream satellite project that CCN previously reported on. Even …

CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how …

Millionaire Teenage Rapper Lil Pump is Selling Merchandise for Bitcoin

By CCN.com: One of the most famous rappers to break into the industry without a hand up from another rapper, who went straight from SoundCloud to multi-platinum certification by the RIAA, Lil Pump, whose hit song is “Gucci Gang,” is accepting Bitcoin at his online merchandise store, Unhappy.com. The site features branded t-shirts and accessories …

Dev. Explains Why a Multi-Currency Lightning Network Won’t Work

A contributor to the Lightning Network codebase who goes by the name ZmnSCPxj recently wrote a reasoned post to the Lightning Development mailing list detailing what he views as a limitation of the network, which is considered by many to represent the future of Bitcoin scaling and adoption. The identity of ZmnSCPxj is not known. …

Mastercard Wants to Patent a Fractional Reserve Cryptocurrency Bank

Mastercard has gone all the way through the stages of the resistance proverb — “first they ignore you, then they laugh at you, then they fight you, then you win.” Cryptocurrencies & Mastercard: A Turbulent History Like most financial companies, Mastercard never expected the blockchain, and by the time they took note of it, they were …

Bitcoin Cash ‘Chain-Splitting’ Bug was Detected by Bitcoin Core Dev.

It has emerged that the “unknown person” who notified Bitcoin ABC developers of a vulnerability in Bitcoin Cash which would have resulted in the unintended split of the altcoin’s network is actually a Bitcoin Core (bitcoin’s primary software implementation) developer. In a Medium blog post, Corey Fields revealed that he was responsible for anonymously and …

Brazilian Entrepreneur Creates Bitcoin-Powered Coffee Machine

Open Positions at CCN: Full Time and Part Time Journalists Wanted. Ricardo Reis, a Brazilian entrepreneur, has recently created a bitcoin-powered coffee machine, in an attempt to show the flagship cryptocurrency has various potential use cases as actual “programmable money.” A video of the coffee machine in action was initially shared with a BTC-focused group …

Bitcoin Wallet Xapo Implements Scaling Solution SegWit

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Ted Rogers, the president at Xapo, a widely utilized cryptocurrency wallet and vault, has revealed that the platform has activated Segregated Witness (SegWit), the scaling solution developed by the Bitcoin Core development team. SegWit Adoption and Importance of Xapo Earlier this month, …

Startup Teams Samourai Wallet on App to Trade Bitcoin Without the Internet

Join our community of 10 000 traders on Hacked.com for just $39 per month. GoTenna, a decentralized startup, has teamed with Samourai Wallet, a bitcoin wallet focused on privacy and security, on an app that allows users to trade bitcoin when not connected to the web. The TxTenna app marks an effort to further decentralize …