4 Minute Bitcoin Daily News

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Satoshi Nakamoto Published the Bitcoin White Paper 11 Years Ago Oct 31, 2019

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October 31st was the 11th year anniversary of the Bitcoin white paper by the mysterious Satoshi Nakamoto.
The white paper was titled, Bitcoin: A Peer to Peer Electronic Cash System and outlined a tamper proof, decentralized, peer to peer protocol that could track and verify digital transactions, prevent double spending and generate a transparent record for anyone to inspect in nearly real time.

Is Ransomware Driving Up Bitcoin Prices? Oct 30, 2019

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According to a report by Malwarebytes, there has been a 363% year over year increase in ransomware attacks during the 1st half of 2019, and bitcoin was used in 98% of all ransom payments

3 Reasons Bitcoin's Price May Hit 20K by Year End Oct 30, 2019

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The path seems open for bitcoin to stage an end of year rally, with $20,000 shaping up as a realistic price target.

Are Miners Losing Interest In Bitcoin Cash? Oct 28, 2019

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Bitcoin hash rates have climbed to record highs, while Bitcoin Cash power has languished.
Bitcoin hash rate has gone up at a factor of 10, while Bitcoin Cash hasn’t increased.
The Bitcoin Cash network will soon have less than $1,250 of security generated every ten minutes.

Australian Law Enforcement Nets 2000 Percent Gains From Seized Bitcoin Oct 28, 2019

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Back in 2016, Australian authorities arrested a suspect in a sting involving an arms dealer. The weapons were bought and paid for using Bitcoin, resulting in the Bitcoin used in the transactions being seized as evidence.
When law enforcement first began the litigation process, the seized crypto assets were worth roughly $5000, but by the time they had received the crypto, the value of all the seized Bitcoin had ballooned to $105,000, resulting in a 2,000% gain for law enforcement.

SIM Swapping Still Biggest Threat to US Traders Oct 24, 2019

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Because of vast losses in digital coins, consumers are finally taking regulators to task for no control over swapping SIM cards.

Cameron Winklevoss Says Bitcoin Is More Than Digital Gold Oct 24, 2019

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In a tweet posted on October 23rd Cameron argued that because Bitcoin is an open source software, its possibilities are boundless.

Opera Becomes First Major Browser to Enable Direct Bitcoin Payments Oct 23, 2019

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The web browser Opera announced that there 350 million users can now send and receive Bitcoin directly from the Opera browser, as well as use the crypto for purchasing goods and services on e-commerce websites.

The Fed Just Printed More Money Than Bitcoin’s Entire Market Cap Oct 21, 2019

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Bitcoin proponents are voicing alarm after the United States Federal Reserve printed more than its entire market cap in new money this month.

Bitcoin's Lifespan Has Already Reached 40% of An Average Fiat Currency Oct 20, 2019

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As Bitcoin statistician and commentator Willy Woo noted, Bitcoin has been around 40% as long as the average government issued currency.

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