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The best-capitalised mining firm in bitcoin has waded into the block size debate – stating it must be resolved by consensus. BitFury told CoinDesk it will join bitcoin's biggest mining pool in backing Jeff Garzik's "market-led" BIP 100 proposal, which lets miners 'vote' on the size of each block.
27 Aug 2015 01:14 pm | Grace Caffyn
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Commonwealth governments should regulate bitcoin to address the risks associated with digital currencies without stifling innovation. This was one of the recommendations put forward by the Commonwealth's Virtual Currencies Working Group during a three-day conference held in London this week.
27 Aug 2015 12:20 pm | Yessi Bello Perez
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Overstock's crypto subsidiary tØ has acquired Wall Street brokerage firm SpeedRoute, a move the latter's CEO termed a "quantum leap" for securities trading. The SpeedRoute deal, tØ says, marks a momentous step toward connecting the crypto and capital markets.
27 Aug 2015 10:47 am | Grace Caffyn
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A penny stock tied to a little-known bitcoin services company and a slew of WhatsApp spam messages were at the heart of a pump and dump scheme last week. WhatsApp users received messages on 21st August stating that traders from major Wall Street investment banks were about to buy up the stock of Avra, Inc.
26 Aug 2015 10:06 pm | Stan Higgins
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The reward miners will receive for processing transactions on the litecoin blockchain halved yesterday, dropping from 50 LTC to 25 LTC. Following the news, CoinDesk examines the effect of the reward decline on the cryptocurrency's mining network and major trading markets.
26 Aug 2015 06:59 pm | Stan Higgins
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Agora has announced it will shut down temporarily while it explores defense mechanisms against attacks that could identify its servers and operators. The marketplace attributed its decision to research that highlighted vulnerabilities in the Tor protocol
26 Aug 2015 05:45 pm | Yessi Bello Perez
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Mark Karpeles, the former CEO of bankrupt bitcoin exchange Mt Gox, has denied claims he manipulated account balances while he was running the company. He was re-arrested in Tokyo last week following claims he had embezzled ¥321m ($2.6m) of customer deposits.
26 Aug 2015 03:10 pm | Yessi Bello Perez
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