Young Dumb Crypto

02/27/2020

Have you ever attended a DDP? Do you want to?

02/11/2020

BUY BITCOIN

02/06/2020

01/22/2020

Craig Wright’s lawyer confirmed to Decrypt today that Wright does not possess—nor even claim to possess—the private keys that can be used to spend $8 billion of Bitcoin that Satoshi Nakamoto mined in Bitcoin’s early days.
Wright filed a statement in the Southern District of Florida late Tuesday asserting that he had received information to unlock an encrypted file of thousands of public Bitcoin addresses that he claims to own. Wright had previously said, under oath, that an “encrypted file” exists, containing both the list of public addresses and private keys. Many took that to mean that when a courier arrived Tuesday with a file, that at last Wright had received the private keys.
But his lawyer said today that that was not the case.
“The file that he’s received did not include private keys,” Andres Rivero, partner at Rivero Mestre law firm, told Decrypt. However, Wright still expects that he will receive the keys at a later date. Rivero said the keys may come either whole or split into parts, but declined to discuss further the particulars around who has the keys and when they might arrive.
Story by Decrypt

01/22/2020

Electric cars and digital currencies are not usually two things that people would think to connect in any way, but they do have a few things in common. Both are considered emerging technologies that can make the world a better place. Both are also becoming increasingly popular around the world.
However, according to a recent video that was posted by some members of the Bitcoin community, they may establish an even deeper connection.
The video in question shows that Tesla cars can also be used for running Bitcoin. Crypto fans used the car’s onboard computer system to turn the electric vehicle into a Bitcoin full node.
As unlikely as it sounds, the attempt was actually successful, and its success was ensured by a project called Bcoin. This is a project that seeks out the alternative implementation of the Bitcoin protocol, which can be used to run a node on any machine. As a result, the Bitcoin network briefly had an entire car, helping with the process of running the world’s largest digital currency.
Story by Bitcoinist
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01/21/2020

The Bitcoin network hash rate has reached an all-time high at 126 quintillion hashes per second. By comparison, this time last year, the network was hashing at just 38 quintillion hashes per second.
However, of more considerable significance is what this indicates. And that is a trend towards increasing miner confidence. As such, concerns over miner capitulation, in the run-up to the halving, show few signs of credibility.
Following Bitcoin’s stellar form of late, news of the network’s hash rate reaching another all-time high should come as no surprise.
Over the weekend, the average daily hash rate peaked at 126 quintillion hashes per second. Putting paid to any notion that miners are cautious about the coming halving this May.
Hash rate is a term that refers to processing power on the network. As Bitcoins get mined, transactions need to be “hashed” before being added on to the blockchain ledger.
Story by NewsBTC

01/15/2020

Bitcoin + Travel = Fun

01/03/2020

Missing and all our friends from

12/20/2019

From the Kraken OTC Team:

"Today, we’re excited to announce that Kraken is acquiring one of the most recognized OTC desks in crypto, Circle Trade.

Our industry-leading, global OTC desk, run by Wall Street veteran Nelson Minier, will now expand to more than 20 global professionals, deepening our ability to provide the personal, white-glove service that you expect from Kraken.

This acquisition will also significantly bolster our services and capabilities by providing:

-New trading partners around the world, particularly in Asia
-Deeper liquidity and tighter spreads across all supported assets
-Improved automation and advanced tools for traders designed to streamline the trade process from quote to settlement

Stay tuned for additional, upcoming announcements."

Posted on Kraken's Blog

https://blog.kraken.com/post/3355/kraken-otc-acquires-circle-trade/