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AltcoinWeekly - Issue #86

Issue #86

18 - 24 July 2015 

BitX announced that they have $4 million and this money will be used to grow operations in South East Asia and Africa. Both these regions most certainly need reputable Bitcoin exchanges to grow the ecosystem.

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Latest News

BitX Raises $4 Million; Available to ‘Over Half a Billion Consumers’

BitX has raised a US$4 million in its Series A funding round led by the South African media firm Naspers through its payments subsidiary PayU.

Coinffeine Launches Beta Version of Decentralized Bitcoin Exchange Platform Worldwide

Spanish Bitcoin startup Coinffeine has launched the world’s first decentralized Bitcoin exchange platform in more than 70 countries, including Russia, China, Indonesia and Brazil.

Blockchain Project Factom Raises $1.1 Million in Crowdsale

Factom has closed $1.1m in new funding following the debut of a release client and before an expected beta client rollout.


9 Bitcoin-Powered Decentralized Applications

Princeton's Arvind Narayanan describes nine possible Bitcoin-powered decentralized applications.

Why Bitcoin and Blockchain Tech are Tied at the Hip

In yesterday’s post on AVC, Fred Wilson said it’s silly for investors to assert they’d invest in blockchain startups but not Bitcoin startups because Bitcoin and blockchain tech are tied at the hip. In the comments, Crypto Brief presented a few points with regards to Bitcoin and blockchain tech being tied at the hip.

The No Hands Syndrome

Not one VC in a room full of them (90 of them) raised their hands when asked how many would invest in a bitcoin startup. Maybe the distinction is bitcoin vs blockchain. But bitcoin and blockchain are joined at the hip. You don’t get one without the other.


Analytics Service Aims to Be 'Gold Standard' of Bitcoin Data

A new service, Challenger Deep, is launching its invite-only beta this week with the promise of delivering the "gold standard" for bitcoin data.


A Bitcoin Spam Attack Post-Mortem: S(LA)ying Alive

Last week, Bitcoin came under a massive, sophisticated attack by a dedicated, well-funded black hat hacker. It caused tremendous delays in transaction confirmation, much higher fees, and forced the rate of transactions per second (tps) into significantly higher ranges. Fees up 25X, TPS up to 200. But Bitcoin Lives On.


[PDF] Blockchain: understanding the potential

A Barclays analyst produced a report to understand the blockchain's potential.

Ending the bitcoin vs blockchain debate

Is there any value in a blockchain without a cryptocurrency? The debate has been running for a while but the past month has seen a serious uptick. The question being asked is: Is there any value in a blockchain without a cryptocurrency? And can these “tokenless shared ledgers” be called blockchains at all?


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