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Archive for January 2014

A Million is Never Enough, Chinese Laundry, and Bad Taste by Bitcoin

A Million is Never Enough, Chinese Laundry, and Bad Taste by Bitcoin

Welcome to the CoinDesk Weekly Review 31st January 2014 – a regular look at the hottest, most controversial and thought-provoking events in the world of digital currency through the eyes of skepticism and wonder. Your host … John Law. The dangers of thinking too small Having your CEO arrested is rarely an on-message event. Even if…

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The Reality of Chinese Bitcoin Trading Volumes

The Reality of Chinese Bitcoin Trading Volumes

Posts on China’s premier social network Weibo have suggested that some of the country’s largest bitcoin exchanges are manipulating trading volumes to gain more customers and rise through the ranks of the world’s most popular exchanges. The sentiments have been reflected overseas as well, on forums like Reddit, Bitcointalk.org and Twitter. Chinese trading activity could…

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Are Stealth Addresses the Secret to Bitcoin Privacy?

Are Stealth Addresses the Secret to Bitcoin Privacy?

“So far, [bitcoin users have] had to pick between simplicity and privacy,” bitcoin core developer Mike Hearn told CoinDesk. “Stealth addresses let us have our cake and eat it.” Hearn’s reaction echoes others who have seen the block chain improvements proposed in a new paper by noted bitcoin developer Peter Todd, based on input from: Gregory…

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China's Answer to eBay Bans Sale of Bitcoins and Mining Gear

China's Answer to eBay Bans Sale of Bitcoins and Mining Gear

Taobao, China’s largest online marketplace, will ban the sale of all cryptocurrencies, mining equipment and mining tutorials from 14th Jan, it said in a statement released today. A CoinDesk translation of the statement’s major points is below: Dear members: In order to promote healthy development and ensure the interests of our members, some adjustments have…

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