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All your crypto questions answered.

Doctor Bitcoin, aka Mark “Rizzn” Hopkins, is a bitcoin enthusiast who’s been following all things cryptocurrency since 2011. If you have a cryptocurrency question, chances are he knows the answer, or knows someone who does.

The latest from Doctor Bitcoin

“Bitcoin is a fraud,” – JP Morgan CEO Jamie Dimon.

I just can’t stop thinking about how dumb these Dimon quotes are. In case you missed it, the CEO of JP Morgan Jamie Dimon had harsh words for Bitcoin yesterday. He, during a Barclays conference, called it a “fraud … worse than tulip bulbs, it won’t end well” and that any JPMorgan “trader trading Bitcoin” […]

The post “Bitcoin is a fraud,” – JP Morgan CEO Jamie Dimon. appeared first on Mark “Rizzn” Hopkins.

Ask Doctor Bitcoin: A Quick Crypto FAQ.

For those who don’t know, I’m a cryptocurrency fan. I’ve been following all of this very closely since 2011, and I enjoy learning more technical details around blockchain as well as theorizing and architecting new solutions utilizing blockchain. I also sell cryptocurrency through my company, Roger Wilco. As such, this week perhaps more than most others, […]

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Ask Doctor Bitcoin: Do You Endorse the bitqy Token?

As many of you are aware, I’ve been active in endorsing a group of marketers’ endeavors in the Dallas startup community that has become active specifically in the cryptocurrency space. The key members of the group (which has grown and evolved since the beginning of my involvement) were Bruce Bise and Sam Mendez, both interesting and […]

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Ask Doctor Bitcoin: What does a Trump Administration mean for Bitcoin?

If you’re an American, last week was really weird. Without a doubt, most folks had reconciled with the fact that we’d have America’s first female president, only to have the apple-cart upset at the eleventh hour. We’re now ushering in the age of Trump, and that means a great deal of un-imagined consequences and uncertainty, which […]

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2 ways Blockchain technology could have last week’s massive IoT-launched DynDNS attack

I’m attending IBM’s “World of Watson” event this week in Las Vegas, and one of the most murmured-over topics of conversation is the massive malicious application of IoT to execute one of the world’s biggest distributed denial-of-service attacks in the history of the Internet. In case you missed it, the short version is that millions […]

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Ask Doctor Bitcoin: What Makes Ripple a Unique Blockchain Technology?

Kevin Rose, founder of the famous Web 2.0 startups Digg and Rev3 Networks recently announced that one of his blockchain investments from his tenure at venture partner firm Google Ventures has raised even more money from some particularly unlikely sources: big banking. According to CNBC (and ostensibly confirmed by Kevin himself) the banking institutions include: […]

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Ask Doctor Bitcoin: What are the implications of Sandtander’s new cryptocurrency?

According to a report in the Financial Times this morning, Santander’s long promised foray into blockchain technology was finally disclosed upon. UBS, the Swiss bank, pioneered the “utility settlement coin” and has now joined forces with Deutsche Bank, Santander and BNY Mellon — as well as the broker ICAP — to pitch the idea to […]

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Ask Dr. Bitcoin: What is Dollar Cost Averaging?

The typical cryptocurrency enthusiast goes through a few steps as they continue their journey, particularly if they see any early gains with their crypto investments. Initially, they’ll put in some sum of money – usually small – into a cryptocurrency and see some amount of gains and get excited. They’ll either be excited by the gains themselves, […]

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Ask Dr. Bitcoin: What does the Bitfinex Heist mean for cryptocurrency?

So last night, as my team was readying itself for one of the most well-attended #BigDNT presentations in memory, my attention was elsewhere, as one of the most precipitous price falls in Bitcoin history was underway. I posted to my Facebook account a quick update at the time: So if you’re wondering why Bitcoin is […]

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Dr. Bitcoin on How to Install the Ethereum Mist wallet.

There’s been some interesting positive movement in the world of Ethereum, both locally in DFW as well as for the larger crypto markets. Just yesterday, Coinbase and GDAX announced support for Ethereum wallets and accounts on their web and mobile wallets – and last night at the weekly YoCoin meetup at Barista‘s event space, YoCoin […]

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YoCoin, a local Dallas-run cryptocurrency.

On Thursday evening, I was invited to give a brief talk at the meetup for a new cryptocurrency, YoCoin. I was first introduced to the group by happen-stance, when two locals from the marketing team for YoCoin came in to make a Bitcoin purchase. I’ve had the good fortune in the intervening time to get to know […]

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Fadi Chehade to head a new ‘authoritarian’ governance regime.

Fadhe Chehade, former CEO and President of Internet governance body ICANN, has sent ripples through the community following a recent decision to be the frontman a new Chinese government program to franchise their way of managing internet access to the world. Chehade is probably familiar to many of you in my circles, as he was a guest on my program, […]

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Dell’s move to Bitcoin reflects their philosophical core.

Maybe I nicked this statement from someone, or maybe I come up with it, but a phrase I use a lot when I talk to people about Digital Autonomous Organizations is “.. the economy and the state are engineering problems, not political ones.” What struck me from the Dell announcement around Bitcoin acceptance is this is reflective […]

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Ask Dr. Bitcoin: Is Bitcoin Anonymous?

A common misconception is that Bitcoin is an anonymous currency. What it offers is a kind of ‘pseudo-anonymity’ (or ‘pseudonymity’), which means that if the someone were inclined to trace Bitcoin transactions or investigate Bitcoin addresses, they can do so just by looking at Blockchain.info, BlockExplorer, or any a number of open source tools used […]

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Ask Dr. Bitcoin: Can I donate Bitcoin to politicians?

As someone who has a keen interest in cryptocurrency and has a history in political campaigning, I am one of those peculiar animals who knows Federal campaign finance laws and enjoys learning new things about them. [Disclaimer: I am not a campaign finance lawyer. I’ve been a journalist for far longer than I was involved […]

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Ask Dr. Bitcoin: How big of a terrorist threat is Bitcoin?

I’m traveling out West this week, in Las Vegas for EMCworld (catch the coverage I’m producing with the team on our live channel through Wednesday!), so for folks on the East coast, I’m sleeping in a bit later than them. You can imagine why I was a little bit alarmed this morning to get a […]

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Ask Dr. Bitcoin: Does Bitcoin Need Banks?

Whether or not there’s a place for banking as we know it in the world of cryptocurency is a hotly debated question among Bitcoin enthusiasts and stakeholders. “Unbank yourself,” and “Time for plan ฿,” are many of the slogans thrown about the Bitcoin world, symptoms of the sub-cultures ingrained abrasiveness to traditional banking. There is […]

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Blockchain News

Bitcoin price bounces after Chinese bitcoin ban fears abate

The price of bitcoin surged past $4,000 in trading Monday following a market slump driven by a decision by China to ban bitcoin exchanges, as well as negative comments about the cryptocurrency from JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon. The ban in China, reported by SiliconANGLE on Sept. 11 but seemingly mostly unnoticed by […]

The post Bitcoin price bounces after Chinese bitcoin ban fears abate appeared first on SiliconANGLE.

The Pirate Bay caught hijacking computing power for cryptocurrency mining

Infamous entertainment media piracy site The Pirate Bay has been caught inserting the code for cryptocurrency mining software into its pages which without warning taps the computing power of visitors. The miner, provided by a company called Coin Hive, uses Javascript on a given web page to “borrow” the processing power of site visitors to […]

The post The Pirate Bay caught hijacking computing power for cryptocurrency mining appeared first on SiliconANGLE.

Equifax breach, profit pressures squeeze open-source community, says Signal coder

The open-source community may be headed toward a major turning point, thanks to a security breach of epic scale. When news broke this month that the personal credit records, including names, birthdates, Social Security Numbers and home addresses of 143 million people had been breached at the credit rating bureau Equifax Inc., there was outrage. […]

The post Equifax breach, profit pressures squeeze open-source community, says Signal coder appeared first on SiliconANGLE.

Major bitcoin exchange in China announces closure following government ban

The price of bitcoin has plummeted after BTC China, more commonly known as BTCC and world’s oldest exchange, announced Thursday that it will cease trading in China due to the Chinese government’s ongoing crackdown on all things crypto. BTCC was forced to fall on its sword after the central government decreed earlier this week that bitcoin exchanges […]

The post Major bitcoin exchange in China announces closure following government ban appeared first on SiliconANGLE.

China bans bitcoin exchanges as initial coin offering crackdown continues

Expanding its recent crackdown on initial coin offerings, the Chinese central government has now decreed a ban on bitcoin exchanges. In an unexpected move, the Central Bank of China ruled that all companies dealing in cryptocurrencies, not only bitcoin, will no longer be legal. The move has been described as a ban on “virtual currency trading services.” Chinese news […]

The post China bans bitcoin exchanges as initial coin offering crackdown continues appeared first on SiliconANGLE.

New law would introduce capital gains tax exemption for bitcoin purchases

A new bill introduced in the U.S. House of Representatives Thursday would introduce a capital gains tax exemption for bitcoin and other cryptocurrency users who use their coins and tokens for small purchases. The Cryptocurrency Tax Fairness Act Of 2017, introduced to the house by Rep. Jared Polis, D-Colo., and Rep. David Schweikert, R-Ariz., both members of the […]

The post New law would introduce capital gains tax exemption for bitcoin purchases appeared first on SiliconANGLE.

Paris Hilton endorses initial coin offering for ‘first AI big data marketing cloud for blockchain’

As cryptocurrencies plummet thanks to news that China has banned initial coin offerings, Hilton Worldwide Holdings Inc. heiress Paris Hilton has jumped on the bandwagon by endorsing an ICO by LydianCoin Pte. Ltd., a company that describes itself as the “first A.I. big data marketing cloud for blockchain.” Lydian states on its website that its ICO […]

The post Paris Hilton endorses initial coin offering for ‘first AI big data marketing cloud for blockchain’ appeared first on SiliconANGLE.

Sequoia and IDG invest $50M into Chinese bitcoin firm Bitmain

In an unusual move for the venture firm, famed Silicon Valley venture capital firm Sequoia Capital, along with IDG Capital, have invested $50 million in Chinese bitcoin hardware maker and miner Bitmain Technologies Inc. Founded in 2013, Bitmain manufactures its own bitcoin mining equipment, and it’s also the world’s largest bitcoin miner. Bitcoin mining involves […]

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ICO 101: This is how to do initial coin offerings right – and wrong

Initial coin offerings, a method of crowdfunding using cryptocurrencies such as bitcoin or custom coins or tokens, have exploded this year. A stunning $1.1 billion has been raised in 89 ICOs so far this year, 10 times as much as in all of 2016, and at least 110 more are planned this year. But some […]

The post ICO 101: This is how to do initial coin offerings right – and wrong appeared first on SiliconANGLE.

Major banks sign up for blockchain project that aims to replace traditional clearinghouses

Not even banks can escape from the mania surrounding the meteoric rise of cryptocurrencies like Bitcoin this year. Its been common knowledge for quite a while that some of the world’s major financial institutions have been looking in to ways they can exploit the blockchain technology that underpins Bitcoin and other digital assets. On Thursday, […]

The post Major banks sign up for blockchain project that aims to replace traditional clearinghouses appeared first on SiliconANGLE.