Craig Wright, publicly identifies himself as Bitcoin creator, Satoshi Nakamoto – The Basics about Cryptocurrency

Satoshi Nakamoto, Australian entrepreneur Craig Wright has publicly identified himself as Bitcoin creator Satoshi Nakamoto. His admission follows years of speculation about who came up with the original ideas underlying the digital cash system. Wright has provided technical proof to back up his claim using coins known to be owned by Bitcoin’s creator. Prominent members …

Regulation Archives – The Basics about Cryptocurrency

The Bank of England’s top economist has suggested that a digital currency based on bitcoin could alleviate monetary policy problems. Andrew Haldane, the UK central bank’s chief economist and executive director for monetary analysis and statistics, spoke at the Portadown Chamber of Commerce in Northern Ireland on 18th September. During his speech, Haldane offered several …

US Regulator CFTC Tells Bitcoin Options Platform to Halt Operations – The Basics about Cryptocurrency

The Commodity Futures Trading Commission (CFTC), which is the main financial regulator in the United States, recently ordered a company offering bitcoin options to halt operations. The regulatory agency also ruled that bitcoin and other cryptocurrencies are classified as commodities and are covered by the Commodity Exchange Act. The regulator issued an order filing and simultaneously …

Blockchain Technology Archives – The Basics about Cryptocurrency

Global financial services association BAFT has launched a new scheme to promote Bitcoin and blockchain technology. The association, which deals in creation and implementation of global finance policies, launched the initiative to drive “awareness of innovations in financial technology”. In its official statement, the international body emphasized how the pace of innovation has redefined the …

Bitcoin News Archives – Page 2 of 11 – The Basics about Cryptocurrency

Bitcoin Foundation will hold a DevCore Workshop on October 16, 2015 from 9:00 am to 4:30 pm in Draper University, Menlo Park, California. The goal of the workshop is to build knowledge, widen understanding, and deepen technical expertise to support the future development of Bitcoin Core. Speakers include Jeff Garzik, Gavin Andresen, and Charlie Lee, …