Danail Nachev

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Bitcoin 2.0: Sidechains And Ethereum And Zerocash, Oh My!

Strange, interesting, and wildly ambitious things are afoot in the world of Bitcoin and blockchains. I give you Zerocash, a completely anonymous currency; Ethereum, a blockchain platform designed to decentralize much of the Internet; and <i>sidechains</i>, a proposal to accelerate the evolution of Bitcoin …

Two US banks are ready to embrace the Ripple protocol, allowing instant global money transfers

Sending money isn’t as easy as sending an email, especially when it’s dealing with foreign banks — at least not yet. Two U.S. banks, New Jersey-based …

Third cryptocurrency exchange becomes hacking victim, loses Bitcoin

Following Mt. Gox and Flexcoin, Poloniex has admitted to losing over 10 percent of customer funds due to cyberattacks.<p>Yet another cryptocurrency has …

Newly Revealed, Could Satoshi Nakamoto, Worth $400M In Bitcoin, Be In Danger?

<i>Update: The man who Newsweek claims created Bitcoin has denied his involvement with the cryptocurrency in an Associated Press interview. I’ve slightly revised the post throughout.</i><p>Though Bitcoin is just a few years old, the person or entity behind it, who went by the name Satoshi Nakamoto, was …

Cryptocurrency | Investing | GOBankingRates | GOBankingRates

Cryptocurrencies are virtual currencies built by using blockchain, an encryption platform, to create money and verify transactions using that money. …

Zynga Has Begun Testing Accepting Payments In Bitcoin

The announcement has caused Bitcoin prices to surge back to $1,000 on the Mt. Gox exchange.<p>Zynga made the announcement exclusively on reddit. Bitpay, one of the largest Bitcoin payment processing firms, will handle the transactions.<p>Here's the full text:<p>We wanted to share with the r/bitcoin …

Bitcoins Fail Currency Test in Scandinavia’s Richest Nation

Bitcoins were dealt a blow in Norway as the government of Scandinavia’s richest nation said the virtual currency doesn’t qualify as real …