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Coinbase Announces Major Update for Bitcoin Users, Here’s All
8.10.2024
Popular crypto exchange Coinbase has announced a new upgrade for Bitcoin (BTC) users. It will make the BTC…
Bitcoin Users Spend Record $2.4M in Fees to Be a Part of Bitcoin Halving History
23.4.2024
Investors spent more than 37.7 Bitcoin, worth $2.4 million, in fees to claim their spot on the 2024 Halving Block, making it the most expensive block ever mined.
The post Bitcoin Users Spend Record $2.4M in Fees to Be a Part of Bitcoin Halving History appeared first on Cryptonews
Report: Japan’s E-Commerce Giant Mercari to Accept BTC Payments
9.1.2024
Starting in June, users of Mercari, one of Japan’s biggest e-commerce platforms, will be able to pay for products using bitcoin. Users of the platform will also be able to use proceeds from sales to buy and sell bitcoin. Mercari Set to Continue Displaying Yen Prices One of Japan’s...
Maximizing Efficiency in High Fee Environments: A Guide to Bitcoin UTXO Consolidation
10.11.2023
In an era where bitcoin transaction fees can soar unexpectedly, managing your unspent transaction outputs (UTXOs) is crucial for minimizing costs. Bitcoin users with multiple UTXOs can face hefty fees for future transactions, which depletes the value of their holdings over time. Understanding UTXO...
Ethereum, Bitcoin users reignite scalability debate as gas fees surge
10.11.2023
Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours
Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy
16.5.2023
Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct...
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
14.5.2023
In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today, that number has been reduced to 263,406. Currently...
Three-quarters of BTC addresses still in profit despite market decline: Glassnode
12.4.2022
The report by Glassnode also revealed that up to 60% of the transaction volume is in what it calls “profit dominance”, and long-term holders are the most likely to be in the green
Stacks’ Mitchell Cuevas talks building integrated DeFi bridges for Bitcoin users
9.12.2021
“It’s unlikely that a native on-chain solution will supersede [layer-one] solutions like Stacks,” said Mitchell Cuevas, head of growth at the Stacks Foundation
Bitcoin users will get help relocating and working in El Salvador: President
7.6.2021
Nayib Bukele says he wants to help entrepreneurs embrace El Salvador as a base, with Bitcoin free from capital gains tax
US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex
4.4.2021
The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years...
Taproot Update: Bitcoin Users Home In on Activation Plan, Date Still TBD
3.2.2021
The meeting ended with rough consensus in favor of BIP8 (false), as well as with approval of two possible methods to put this BIP into motion
Blockchain Bites: Record-Breaking ‘Active’ Bitcoin Users as Wall Street Ponders Mass Adoption
2.12.2020
There are now more active bitcoin users than ever before, as CEOs of both PayPal and BlackRock think about the future of finance
Jeff Bezos-Backed African App Chipper Cash Launching Crypto Trading After Raising $30 Million
22.11.2020
An African company backed by Amazon CEO Jeff Bezos, Chipper Cash, has raised $30 million and is launching a cryptocurrency trading service due to high demand for cryptocurrencies, including bitcoin. Users of Chipper Cash will be able to buy and sell cryptocurrencies as well as U.S. stocks, such...
The ‘Undo Button’ Wallet Tool Gives Users the Ability to Reverse Ethereum Transactions
12.11.2020
On Thursday, November 12, 2020, the blockchain firm Kirobo launched a tool that allows users to reverse ethereum transactions. Similarly to the replace-by-fee (RBF) protocol leveraged by bitcoin users, ethereum transactions can be reversed as well with Kirobo’s “Undo Button”...
Bitcoin Users Leery of Tor: 23% of the Network’s Exit Capacity Compromised
13.8.2020
Hackers are stealing bitcoin through the large-scale use of malicious relays on the Tor network according to a newly published research report on the subject. The researcher dubbed “nusenu” said he warned people about the growing problem in December 2019 but instead of improving...
Next 500m Bitcoin Users ‘Could Be a Simpler UX Away’
12.7.2020
Bitcoin (BTC) is now over a decade old. In a little over ten years, the cryptocurrency pioneer went from a fringe phenomenon to a globally-accepted alternative asset class with millions of holders across the globe. While this is impressive by all means for new technology, bitcoin is still far away...
Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks Straight
24.6.2020
This week digital currency enthusiasts have been discussing network fees, specifically transaction fees associated with the Bitcoin and Ethereum blockchains. Last Sunday on June 21, one Ethereum proponent noted that during the last 16 days, Ethereum users have paid more to leverage the network than...
Bitcoin Users Could've Saved Half a Billion USD in Fees - Report
11.6.2020
Network fees must be paid, but what if you don’t have to pay as much? Bitcoin (BTC) users could've saved around half a billion USD in network fees had there been a full SegWit and batching adoption, according to Bitcoin startup Veriphi.
Per Veriphi’s latest report, almost half a million blocks...
Coin Mixer’s Record-Breaking Month Proves Bitcoin Users Want Anonymity
12.4.2020
The surge in popularity for Bitcoin mixing services appears to coincide with tightening regulations as governments respond to FATF regulations