On Nov. 8, Mike Belshe, CEO of BitGo, announced that SegWit2x will not activate due to a lack of community support. He values "keeping the community together" more than increasing the blocksize or any technical improvements. Belshe feared dividing the community could "be a setback to Bitcoin’s growth." With just four brief paragraphs, Mike Belshe cancelled…

The Bitcoin Gold split occurred on October 25th around 12:00 UTC at block 491 407, creating yet another fork of Bitcoin. It is not to be confused with Segwit2x, which will double the block size and is meant as an upgrade to the existing protocols. Instead, this fork will create a new cryptocurrency without the…

Bitcoin has risen to a new all-time high of over $6000, rapidly gaining popularity among the media and spectators. Despite the unrealized potential of the digital currency, we should not forget the time it receded 40% just a few weeks ago. Investing in cryptocurrencies is still extremely volatile. Perhaps, we must take a look at…

On September 29th, South Korea's Financial Services (FSC) announced a ban on all forms of initial coin offerings regardless of the technology or terminology employed.  The FSC reasons that ICOs are too speculative and volatile and wants to protect investors from scams and market manipulation. Furthermore, the FSC will continue to discuss regulations regarding established…

Earlier this month, many Chinese crypto-exchanges, including ViaBTC, OKCoin and BTC China, announced their closure due to new regulations, sending the price of Bitcoin into a nose-dive. However, the price of Bitcoin quickly rebounded to $4000 as quick as it fell. Major news sites are calling Bitcoin a fraud and warning of the dangers of…