• Bakkt wallet on mobile phone
    Bitcoin,  Technology

    Bakkt to acquire loyalty program provider Bridge2 Solutions

    The bitcoin futures exchange wants to incorporate rewards points into a consumer app for everyday spending

    Bakkt, the bitcoin futures exchange that launched last year, wants to integrate reward points, game tokens, and cryptocurrency into a mobile wallet that will allow consumers to spend them as dollars.

  • Craig Wright headphone Satoshi Nakamoto
    Bitcoin,  People

    Judge to Wright: Reveal Tulip Trust III contents by Valentine’s Day

    Lawyers claim the self-proclaimed Satoshi Nakamoto shouldn’t be allowed to shut the third in his Russian nesting-doll scheme of Tulip Trusts away from public eyes

    The courts have given Wright until Feb. 14 to propose redactions to the latest in a series of trusts that he has said hold the keys to Satoshi Nakamoto’s 1.1 million bitcoins. That’s assuming Wright is actually the creator of Bitcoin, as he claims and many, many others deny.

  • Bitcoin mining consolidation security threat
    Bitcoin,  Technology

    Report: Mining pool consolidation threatens Bitcoin security

    New research from TokenAnalyst says 5 mining pools now control half of Bitcoin’s hashrate, making 51% attacks a growing concern

    Five companies out of China control nearly half of Bitcoin’s computing power, according to a new report released Friday by blockchain analysis firm TokenAnalysis. As a result, Bitcoin’s “trustless network” continues to erode as mining power concentrates into the hands of a few.