One Block Team

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US: Seminole County Florida To Accept Crypto For Tax Payment

The Seminole County, Florida, tax collector Joel M. Greenberg announced May 14 that the county will begin accepting cryptocurrency for payment for various services this summer in order to eliminate heavy fees and improve payment accuracy and efficiency. According to a press release, the county will begin accepting Bitcoin (BTC) and Bitcoin Cash (BCH) to pay for services,... Read More

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The 17 Millionth Bitcoin Is About to Be Mined: What It Means and Why It Matters

Bitcoin’s limited supply is about to get a bit more limited. Barring an unforeseen event, the 17 millionth bitcoin is likely to be mined in the coming day, data from Blockchain.info shows, a development that would mark yet another milestone for the world’s first cryptocurrency. That’s because as per bitcoin’s... Read More

One Block Team

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Lightning + NFC? The New Plan to Bring Bitcoin to Retail

Imagine a way to expand bitcoin payments to millions per second. Now, imagine a clunky, command-line interface. That’s the extent of the divide between the vision enabled by bitcoin’s best-yet scaling solution, the lightning network, and the current state of its design. But while that’s daunting, developers are moving ahead... Read More

One Block Team

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Bitcoin Thief Could Be Caned for $300K Robbery in Singapore

Two bitcoin brokers in Singapore were reportedly assaulted and robbed of nearly $300,000 in cash during an in-person meeting with a prospective seller. According to an announcement from the Singapore Police Force Thursday, the incident happened on April 8. Following a report to the police, a suspect was later identified... Read More

One Block Team

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$3 Million Bitcoin Heist Reported by India’s Coinsecure

One of India’s biggest cryptocurrency trading platforms has lost about 438 Bitcoins worth some 190 million rupees ($3 million), allegedly due to a rogue employee. An official at Delhi-based Coinsecure was extracting Bitcoin to distribute to customers and he claims the funds were lost in the process, parent company Secure... Read More

One Block Team

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Bitcoin’s Lightning Network Is Being Attacked for Its Own Good

“Yes, we have created an attack framework for the lightning network.” The message from “bitPico” to CoinDesk confirmed what many had read in a popular chat group, that the pseudonymous user was flooding nodes running the software with traffic with an automated “attack toolkit.” Around the same time, a handful... Read More

One Block Team

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Bitcoin’s Next Year in Tech Is Coming Into Focus

Developers of the most popular bitcoin implementation software have big dreams of crafting a truly global form of money, and as such, you can say they have a lot on their plates. The breadth of their to-do lists was easy to see at a recent annual meeting in New York,... Read More

One Block Team

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TSX Group Subsidiary to Launch Cryptocurrency Brokerage

A wholly-owned subsidiary of Canada-based stock exchange operator TMX Group is launching a cryptocurrency brokerage. TMX said Thursday that the subsidiary, Shorcan Digital Currency Network, had partnered with Paycase Financial on the initiative, which would focus on bitcoin and ether at launch, which is slated for the second quarter of 2018.... Read More

One Block Team

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UK Exchange to Launch First Physically Delivered Cryptocurrency Futures Contract

Coinfloor, a London-based group of cryptocurrency exchanges for institutional and sophisticated investors and traders, plans to launch a futures exchange for digital assets that will include the first physically delivered bitcoin futures contracts. The new exchange, CoinfloorEX, will allow miners, hedge funds, traders and sophisticated investors to unlock the financial... Read More