CCN Week in Review: Mt. Gox, Banning BTC in the U. S., Litecoin Donations, and More
This week on CCN, we learned that Mt. Gox is practically bankrupt, that Senator Joe Manchin wants Bitcoin banned in the United States (and Chairwoman Janet Yellen’s response), that the Litecoin community raised over 120 LTC for a Vietnamese orphanage, and more. Here are some of our top stories this week (23 February – 2 March) in cased you missed them in article and video form. By this week, everyone was just about sure that Mt. Gox was insolvent. A leaked document from “Two Bit Idiot” described a contingency plan for Mt. Gox in the face of its crisis. Lated, an IRC chat with Mt. Gox CEO....
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Happy Mother's Day, and welcome to another Bitcoin News in Review (formerly known as CCN Week in Review)! This week on CCN, we learned about BitID's secure Bitcoin authentication protocol, that the FEC unanimously voted to allow bitcoin donations to PACs, that the bitcoin transaction volume has dropped, and more. Check out this week's top stories on this Bitcoin News in Review. BitID's Secure Bitcoin Authentication Protocol. Tired of seeing these buttons everywhere? You've probably seen those “Sign In with Facebook” buttons everywhere, right? While they’re convenient, many users don’t like....
Litecoin this week feels quite sure. Having fixed its price higher than 0.08, the exchange rate of LTC:BTC isn't going to fall yet. However, only because of falling Bitcoin prices, Litecoin decreased almost to $3. At the beginning of the week, Litecoin’s price was slightly above where it is now, approximately at $3.15. The local top of $3.300 turned into a deep collapse and after falling on a course to $3, Litecoin’s price did recover a bit. Now, Litecoin’s price sits at about $3.10, and next week it will be at $3 and below. Purchases of Litecoin lower than $3 are of interest, especially....
Non-profit whistle-blowing outfit WikiLeaks today sent out a tweet with some pretty interesting information - at least to us in the cryptocurrency community. Did you know the majority of WikiLeaks public funding is #BitCoin and #LiteCoin? , the tweet read, with a link to a donation page and to a bitcoin address overview on Blockchain.info. That account reveals a bitcoin address that has received a total of about $3 million (3855 BTC), and a final balance of $8642 (11 BTC). The litecoin address has received nearly 509 LTC, which does not appear to have been spent. The fact that donations....
Over the past seven days, eight of the top ten altcoins have decreased in price. Six of these, including the litecoin price, the Dogecoin price, and theDarkcoin price have fallen by more than 10%. CCN examines this altcoin price decline. Also read: Litecoin Price Fails to Recover From Bitcoin Price Panic. Litecoin Price Falls 11%. Litecoin investors may have thought the recent revelation of a security vulnerability within the Ripple protocol would have enabled Litecoin to reclaim the second spot on the market cap charts. However, the litecoin price has been in decline as well, falling 11%....
Welcome back to another Bitcoin News in Review, where we feature some of our biggest stories of the week on CCN. This week, we discovered that several gold companies have shown an interest in Bitcoin, that the Mt. Gox saga still isn't over, that Andreas Antonopoulos has left the Bitcoin Foundation, and more. Check out this week's Bitcoin News in Review after the break. Gold Companies are Unsurprisingly Interested in Bitcoin. Is bitcoin the new gold? Bitcoin and gold share many similarities. They are both inherently limited, have to be "mined", are deflationary, and can act as a store of....