Bitcoin Roundup May 20, 2016


The controversy over Satoshi Nakamoto’s true identity is jeopardizing Bitcoin’s future — Quartz

Earlier in May, Australian entrepreneur Craig Wright made headlines with the claim that he was in fact the mysterious creator of Bitcoin, known as “Satoshi Nakamoto.” While Wright has yet to offer concrete public evidence to back up his claim, some in the Bitcoin community have insisted that even if Wright is Nakamoto, it doesn’t matter


Doctors use bitcoin tech to improve transparency in trial research | FierceBiotech

Two clinicians have devised a new system to prevent clinical trial documents being secretly altered to make new drugs look more effective than they are by using a similar system as the digital currency of bitcoin. 


Features From the Most Popular Altcoins Are Planned for Bitcoin | Bitcoin Magazine

For many people involved with Bitcoin, altcoins are nothing more than testnets. Hundreds of digital currencies are currently listed onCoinCap.io, but Bitcoin still dominates 78 percent of the market. In total, there are only 10 digital currencies with a current market cap of $10 million or more. 


Better with bitcoin | The Economist

CLINICAL trials are a murky old world. The pharmaceutical industry is keen to get new drugs to market and researchers are just as keen to report positive results.  


Bitcoin Price Technical Analysis – Bears Trying Harder

The 100 SMA is still above the longer-term 200 SMA so the uptrend could carry on. In addition, the 100 SMA coincides with the channel support, which explains its strength as a floor for now. However, the gap between the moving averages is narrowing, indicating weaker bullish pressure and a possible downward crossover. 


Holberton School Begins Tracking Student Academic Credentials on the Bitcoin Blockchain | Bitcoin Magazine

Educational institutions are turning their attention to the public blockchain to record and verify student credentials. Under normal circumstances, recording student achievements using paperwork can be labor-intensive and costly, making blockchain a significant step toward maximizing cheapness, security and transparency. 


Bitcoin Exchange US$500 Million Class Action Dismissed in Canada

About 100 Canadian citizens had launched the class action in a bid to recover their Bitcoin savings, which were pulverized when the Tokyo-based exchange folded following a cyber-theft of around 800,000 Bitcoins. 


Jeff Garzik Defends Hard Fork Solution for Bitcoin Block Size Issue – CCN: Financial Bitcoin & Cryptocurrency News

Jeff Garzik, a bitcoin code veteran who recently launched the Bloq code-for-hire service to develop blockchain features, continues to defend a hard fork solution to the bitcoin scaling challenge. Garzik has engaged with individuals who disagree with him on Twitter in the last few days. 


Bitcoin Price Busts Its Bollinger Band – CCN: Financial Bitcoin & Cryptocurrency News

Bitcoin price Bollinger Bands gave way today as price rolled over and dropped through a second support level to below $450. Additional decline is now a certainty and we look at some of the technical factors at work. 


Hacker Sells LinkedIn Users’ Data for Bitcoin – NEWSBTC

LinkedIn, the professional networking site now has millions of users’ credentials in the public domain. These credentials from the beginning of this decade are up for sale on the deep web. 

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