Daily Roundup – January 8, 2018

Daily Roundup – January 8, 2018

According to TechCrunch, encrypted messaging startup Telegram hope to raise billions of dollars in an initial coin offering (ICO) for its own blockchain platform and native cryptocurrency.

According to Reuters, the price of bitcoin and other cryptocurrencies dropped on Monday after CoinMarketCap removed South Korean exchanges from its cryptocurrency price calculations.

Over on GitHub, a critical security issue was brought to the attention of the developers behind the Electrum bitcoin wallet. The bug had existed since 2015.

According to Bleeping Computer, Microsoft has temporarily halted Bitcoin transactions because it’s an “unstable currency”.

According to Bitcoin Magazine, bitcoin payment processor BitPay now only accepts payments via the Bitcoin Payment Protocol, which is outlined in Bitcoin Improvement Proposal (BIP) 70. Some bitcoin wallet developers are unhappy about the change.

Featured image via Pixabay.

About The Author

Kyle Torpey

Kyle first used Bitcoin in 2011, but the subject did not take over his life until late 2012. By early 2014, researching and writing about Bitcoin had become his full-time occupation. Currently, he contributes regularly to Forbes and CoinJournal. His work has also appeared in Business Insider, VICE Motherboard, Nasdaq, and many other media outlets. Additionally, he provides a daily Bitcoin news recap via a newsletter and YouTube show (audio only version available via SoundCloud), which can be found at kyletorpey.com.


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