Bitcoin News in Review: Ditching USD, Bitcoin Bills, Exchange Audits, and More

It's Sunday again, which means it's time for another Bitcoin News in Review, where we look back at our biggest stories here on CCN. This week, (18 May - 25 May), was quite eventful, so we've got a lot to cover on this News in Review. We exposed HKCEx as a scam, helped prevent a 51% attack on Litecoin, saw Darkcoin's price skyrocket, and more. Check out our video and keep scrolling to read our articles on this Bitcoin News in Review. [youtube http://www.youtube.com/watch?v=9CQmfEUOC-Y] HKCEx is a Scam. As we've said before, bitcoin scams are a dime a dozen, but we're doing our best to....

It seemed with the ability to earn Bitcoin through selfies, buy bitcoin through a well designed exchange, and the ability toremit to the Philippines using bitcoin, Miguel had it pretty good over at Satoshi Citadel Industries, or SCI. Today I talked to them about Bills.Ninja, a service that allows people to pay for bills in the Philippines using Bitcoin. All bills are promised to be paid with in 24 hours, and only a PhP 30 fee per bill is required. Bills Ninja is a bills payment service that we have established in the Philippines for people who want to pay their bills with bitcoin without....

Bitcoin News. Happy Sunday, and welcome back to another Bitcoin News in Review, where we feature some of our top stories of the week here on CryptoCoins News. This week, Overstock chose Counterparty for a decentralised stock exchange, the Bitcoin Foundation condemned NYDFS's BitLicense over a lack of transparency, the bitcoin BearWhale was defeated, and more. Check out our video and keep scrolling for this week's Bitcoin News in Review. Overstock Announces Decentralised Stock Exchange. Overstock's CEO Patrick Byrne has been a longtime advocate for cryptocurrency and decentralisation. And....

The Coincheck exchange is well-respected in its home country of Japan. Not only does the platform act as a convenient gateway between fiat and cryptocurrencies, but they also continue to expand their overall reach. A new partnership with energy company E-Net will allow for paying electric bills with Bitcoin. A great milestone for the world’s leading cryptocurrency. One of the most often heard remarks is how consumers cannot spend Bitcoin on everyday needs. Nor can they pay most of their bills with cryptocurrency directly, except in a few rare cases. Slowly but surely, that situation is....

Can new code review models solve DeFi's audit problem? As the attacks launched against popular decentralized finance (DeFi) protocols grow ever-more complex, the efficacy of audits from major security companies have in turn come under scrutiny — and some members of the DeFi community have already begun building homegrown alternatives.“I think that now, after all the hacks we’ve had, we basically understand that if you have two audits, three audits, it doesn’t mean you’re safe,” said the co-founder of DeFi Italy Emiliano Bonassi in an interview with Cointelegraph. “This does not mean that....