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Satoshi-Era Wallets Transfer 250 Bitcoin From 2009 in First Action Since 2022
20.9.2024
Between block height 862,079 and 862,087, a group of five vintage bitcoin wallets from 2009 came out of hibernation, spending a total of 250 BTC for the first time in over 15 years. With addresses from the Satoshi era being incredibly rare, these transactions, worth $15.8 million total, marked...
Bitwise Bitcoin ETF transitions to native SegWit
15.2.2024
Bitwise took to X to share the news that it is transitioning its Bitcoin address from P2PKH to native SegWit P2WPKH. The aim is to adopt new technology and offer an enhanced experience to investors and the entire crypto sphere. The most has been defined as power play, for it reduces the cost...
Taproot Adoption Remains Low, But Devs Say It Isn’t a Problem for Bitcoin
17.4.2022
Taproot is the biggest upgrade Bitcoin (BTC) has seen since SegWit (Segregated Witness), providing the cryptocurrency with a range of new features that make it more private and more versatile. These include support for complex transactions involving multiple signatures, as well as the ability...
Bitcoin transaction fees briefly doubled yet remain exceptionally low
9.3.2022
The cost of sending Bitcoin from one address to another has stayed exceptionally low since July 2021 despite spiking in price last week
Bitcoin SegWit adoption lags among major exchanges: Glassnode
4.2.2022
A Glassnode report reveals that cryptocurrency exchanges some major exchanges are still holding despite being heavy consumers of Bitcoin block space
Highly Anticipated Bitcoin Upgrade Taproot Activates — Taproot Script-Spends Seen in the Wild
14.11.2021
Bitcoin advocates are celebrating the successful implementation of the Taproot upgrade after block height 709,632. The upgrade was highly anticipated as it was one of the biggest changes since the introduction of Segregated Witness (Segwit) in 2017. After the upgrade was completed, the Bitcoin...
Moonshot to $90K — After Bitcoin Upgrade Taproot Activates, Crypto Advocates Expect the Price to Rally
13.11.2021
In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Saturday, November 13, 2021, and the upgrade is considered...
‘Ossification Is Stupid:’ Bitcoin Development Controversy Strikes ‘Speedy Trial’ Taproot Activation
17.4.2021
The well known software developer Luke Dashjr is in the midst of controversy over how to upgrade the Bitcoin network in order to add the Taproot protocol. Bitcoin Core developers want to upgrade with “Speedy trial,” which will allow miners to push the feature through. However, Luke...
88% of all BTC transfers are overpaying transaction fees
11.2.2021
Three and a half years after the activation of SegWit, adoption of the space-saving transaction format is still far from ideal
Binance enables SegWit support for Bitcoin deposits as adoption grows
25.12.2020
Traders on Binance can now deposit and withdraw to SegWit (bech32) addresses
NetWalker Ransomware Gang Is Storing $7M Bitcoin In SegWit Cold Storage
3.8.2020
The organization that’s encrypting computers and extorting companies has taken to SegWit addresses, according to McAfee and CipherTrace
Bitcoin Scaling Tech Could Have Saved Companies and Users $500M in Fees: Report
29.7.2020
Implementing transaction batching and SegWit could have saved bitcoin companies and users $500 million in fees – if they'd just use the technology
Six Months Later, Bitcoin Community Finally Debates How to Activate Taproot
15.7.2020
The Taproot conversation is continuing with the Bitcoin community having to decide how to begin the months-long activation process
BitPay Adds SegWit, BlockFi Doubles Revenue, 3 News From Cardano + More
2.7.2020
This is our daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Major crypto payments company BitPay added support for SegWit in their wallet as an optional feature, and enhanced...
After Years of Resistance, BitPay Adopts SegWit for Cheaper Bitcoin Transactions
2.7.2020
Payments processor BitPay has added support for SegWit, three years after a competing block size proposal fractured the Bitcoin community
BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds
5.5.2020
Average fees paid by bitcoin users spike at a certain time every day due to the actions of one firm, derivatives exchange BitMEX, a researcher found
AsicBoost Dominates Bitcoin Mining, Solving Bitmain’s 2017 Controversy
12.3.2020
The 2017 AsicBoost controversy has now become irrelevant as it gains adoption
Bitcoin Transaction Fees Drop Amid Rising SegWit Adoption
7.2.2020
Source: iStock/Sasha_Suzi
Bitcoin (BTC) transaction fees are returning to low levels amid an increased adoption of the Segregated Witness (SegWit) protocol on the network.
“The majority of transactions now support SegWit, currently surpassing 55% on average. And while this marks a near 40% increase...
Bitcoin a Step Closer to Taproot, the Biggest Upgrade Since SegWit
24.1.2020
Source: iStock/da-kuk
World's most popular cryptocurrency, Bitcoin (BTC), is one step closer to seeing it's largest change since 2017.
Developer and Bitcoin Core contributor Pieter Wuille, has submitted a "pull request," which lets others know that a code change is ready for reviews, discussions...
How Is Bitcoin Cash Different From Bitcoin Core?
20.1.2020
The crypto space can be hard to break into for those unfamiliar with the jargon, lingo, and foundational knowledge taken for granted by the already initiated. Adding to this difficulty is the fact that there are several different cryptos which bear the name “Bitcoin.” Convoluted as this...