Reading Time: 2 minutesAt the moment, there are 732,982 Bitcoin addresses that hold a minimum of 1 BTC. The top 100 addresses, based on how much BTC is in them, mainly see incoming transaction volume, not outflows. What is interesting is that when we compare the mentioned addresses with the 20 million addresses that are known right now, … Read more
Reading Time: 2 minutesNorthern Ireland’s Capital, Belfast, is interested in issuing a cryptocurrency. According to a report by Public Technology, the City Council of the city of Belfast wants to use the new cryptocurrency to encourage the residents to patronize merchants at a local level and promote a civic duty sense among citizens. The reports state that an … Read more
Reading Time: 2 minutesLVMH teamed up with Microsoft and ConsenSys in order to build a new blockchain-powered platform with the purpose of allowing the consumers to verify luxury good authenticity. The newly created system is named Aura and its purpose, according to the consortium, is to “serve the entire luxury industry with powerful product tracking and tracing services.” … Read more
Reading Time: < 1 minuteBinance made waves as it announced that it is back in operation after the security upgrade it was working on was completed, all following the recent hack that took the crypto exchange offline. On Wednesday, at 03:00 UTC, all Binance services went offline so that the security upgrade was started. There was also a 2-hour … Read more
Reading Time: 2 minutesCryptopia hit the news for all the wrong reasons in the middle of January as a major hack hit the cryptocurrency exchange. As a result, the exchange now suspended all trading operations and officially entered liquidation. Grant Thornton New Zealand was assigned to liquidate the exchange. It announced the official liquidation while Cryptopia confirmed everything … Read more
Reading Time: 2 minutesThe Bitcoin market saw a really solid break at above $7,400 and then actually went over $8,000. All of the top 20 cryptocurrencies showed gains, with stocks and oil prices going down. Ethereum also had an increase of a little over 7% in the past day, with a trading price of $202.65 at the moment. … Read more
Reading Time: 2 minutesPepsiCo, the food and beverage giant, recently finished its blockchain trail, with a really good result: an increase of 28% seen in the efficiency of the supply chain. The official name of the project is “Project Proton”, with a trial that was started in order to see if the blockchain can address the challenges of … Read more
Reading Time: < 1 minuteOn May 1st, a Bitcoin whale account moved 40,000 BTC (around $229 million) from a BTC address to another BTC address. The network fee that was paid was completely negligible, just 57 cents. The account that initiated the transfer was bc1q9sh6544xls87x7skjzyfhkty4wq7z76vn7qzq9, moving the amount to address bc1q5shngj24323nsrmxv99st02na6srekfctt30ch. Numerous theories instantly appeared on the internet about … Read more
Reading Time: 1 minuteWe know of every single person out there that revolutionized industries but nobody really knows who fathered the cryptocurrency industry, which is now valued at a huge $170 billion. This might change in the future as a new website, Gotsatoshi.com, promises something. The hint is a live unveiling. Could it be that this will unveil … Read more
Reading Time: 2 minutesFinancial analysts mostly agree that long-term cryptocurrency value is going to be determined by the deals and partnerships landed with large brand-name businesses. There are close to 1,500 cryptocurrencies that people can invest in right now. One of the simplest ways in which a digital asset can set itself apart from the competition is the … Read more
Reading Time: 2 minutesA case that involved millions of dollars, bitcoin and payments through Western Union led to the very first cryptocurrency money laundering conviction to happen in New York State. The District Attorney’s Office in Manhattan made the announcement, stating that Mark Sanchez and Callaway Crain, 35, managed to launder $2.8 million, all earned through controlled substance … Read more
Reading Time: 2 minutesIt was recently reported that Samsung decided to invest $2.9 million into Ledger, a well-known crypto hardware startup. This investment practically makes the value of Ledger stand out at around $290 million. A Ledger spokesperson did confirm the news that Samsung is backing up the startup. However, further details were not officially confirmed. Also, there … Read more
Reading Time: 2 minutesCryptocurrency interest is steadily growing in Africa right now, with many economists claiming it is an innovation that is going to blossom all around the continent. The fact that it is internet-based means geography is not of interest when thinking about spreading and Bitcoin is actually growing. According to Rakesh Sharma, technology and business journalist: … Read more
Reading Time: < 1 minuteSouth Korea’s biggest cryptocurrency exchange, Bithumb, posted net losses of $180 million during 2018, according to a report from CoinDesk Korea. It was mentioned that the main reason for the loss was the decline in the market for 2018, although other factors contributed to losses, like labor costs and infrastructure investments. The $180 million swing … Read more
Reading Time: 3 minutesOne of the most important choices you will make in regards to Bitcoin and cryptocurrency in general is what wallet you will use. No matter the case, the first step is always to figure out what type of Bitcoin wallet you actually need. Then, you want to consider the best ones and their features. Only … Read more
Reading Time: 2 minutesVladimir Potanin, Russian billionaire, is interested in creating new cryptocurrency tokens that will be backed by the use of palladium. The news was presented by Bloomberg. Potanin is known in the financial world as the CEO of Nornickel (MMC Norilsk Nickel PJSC), a company that mines palladium, nickel and a smelting company. The plan is … Read more
Reading Time: 2 minutesA recent Forbes report states that Chicago’s Mayor, Rahm Emanuel, sees the adoption of cryptocurrencies as being inevitable due to Bitcoin’s growing appeal and the fact that the geopolitical world is unstable. Rahm Emanuel talked about the fact that financial crises force people to move out of the use of fiat currency with the purpose … Read more
Reading Time: 2 minutesIn the later part of 2018, the Monacoin wallet and the Monappy Japanese social media network were hacked. Recently, a breakthrough occurred in the case as a teenager was arrested and charged for stealing over $125,000 worth of cryptocurrency. When news broke that Monacoin suffered from third-party access, people were surprised. Everything seemed to have … Read more
Reading Time: < 1 minuteRep. Kevin McCarthy is the US House Of Representatives Republican Minority Leader and he recently declared that blockchain technology can make the congress a more transparent and efficient place. In a statement made in front of the Select Committee for Modernization of Congress, Kevin McCarthy said: Blockchain is changing and revolutionizing the security of the … Read more
Reading Time: < 1 minuteGregory Kucherkov, Cornerstone CEO, was recently kidnapped in Kiev. Cornerstone is a startup that tries to fund real estate investments with blockchain tokens. An ICO is currently in planning stage. Some capital was already raised during a private sale attempt. Local police thinks this is the reason why the kidnapping happened. A video of the … Read more
Reading Time: 3 minutesThere is no way to deny the awareness that can be gained by Bitcoin and literally all cryptocurrencies when being endorsed by a celebrity. This is why we often see businesses in the crypto industry trying to get celebrities on board. It did lead to problems, like Mayweather and Khaled’s fines and the launch of … Read more
Reading Time: < 1 minuteSIX Group, Swiss stock exchange, recently listed an Ethereuem-focused ETP (exchange-traded product). The announcement was made on Tuesday and it states that on March 5 the trading of Amun Ethereum ETP started, with AETH as the ticker symbol. This product has the annual management fee of 2.5% and is backed by Amun AG, Switzerland-based company. … Read more
Reading Time: 2 minutesRussia’s president, Vladimir Putin, wanted to see concrete cryptocurrency regulations in place and set a deadline of four months. As the deadline is short, it does seem that there won’t be any real rules that will be set. Vladimir Putin is labeled as being a Bitcoin skeptic. His July 2019 crypto regulations deadline is now … Read more
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