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The Size of Bitcoin’s Distributed Ledger Nears a Half Terabyte
15.10.2022
Well over a decade ago, on January 3, 2009, the size of the Bitcoin blockchain was 0.285 kilobytes (kB) or around 285 bytes. Today, however, the blockchain’s ledger is nearly half a terabyte, or roughly 432 gigabytes. Bitcoin’s Blockchain Nears 500 Gigabytes in Size On October...
Billionaire Hedge Fund Founder Ray Dalio Steps Down as Co-CIO of Bridgewater Associates
5.10.2022
Billionaire hedge fund founder Ray Dalio has stepped down as chief executive of Bridgewater Associates, according to a transfer of voting rights on September 30. Bridgewater’s co-chief executive explained on Tuesday that “Ray no longer has the final word,” in regard to...
The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work
16.9.2022
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW...
Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge
20.8.2022
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings...
Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD
16.5.2022
Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster...
Florida Governor Ron DeSantis Says State Is ‘Figuring out Ways’ to Allow Businesses to Pay Taxes in Bitcoin
24.3.2022
Florida governor, Ron DeSantis explained at a press conference on Tuesday that he’s spoken with state agencies and told them to figure out ways for businesses to pay tax with cryptocurrencies. During the signing ceremony for a bill focused on financial literacy, DeSantis said that...
Game Developer Moonray PBC Raises $3.5 Million, Aims to Bring NFT and Blockchain Gaming to Bitcoin
15.12.2021
On December 14, Moonray PBC, the developer behind the multiplayer action-role-playing game (RPG) Moonray, announced that the project has raised $3.5 million from strategic investors. Moonray is considered the first metaverse and gaming non-fungible token (NFT) exchange built on the Bitcoin network...
Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees
11.12.2021
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests...
Goldman Sachs CEO David Solomon Believes Blockchain Is More Important Than Bitcoin
8.12.2021
David Solomon, CEO of Goldman Sachs, one of the leading banking institutions in the world, has stated his opinion on the bitcoin vs blockchain dilemma. To Solomon, bitcoin is not as important as the advancements in technology that implementing blockchain and other new ledger-based tools can bring...
Coinbase adds hidden message with political undertones to BTC blockchain on day of IPO
14.4.2021
Brian Armstrong previously said companies "with great intentions can sometimes end up creating division and unwelcoming environments internally" by getting involved in politics
Blockchain.com Raises $120 Million in a Strategic Financing Round, Firm’s Institutional Arm Swells
17.2.2021
On Wednesday, as the leading crypto asset bitcoin has been riding above the $50k handle, the well known firm Blockchain.com announced the company has raised $120 million in a strategic financing round. Blockchain.com says the financing comes at a momentous occasion, as the firm’s wallets have...
Research Proves Recent Transfers of 8,000 Ten-Year-Old ‘Forgotten Bitcoins’ Were Sold to Coinbase
27.1.2021
For months now our newsdesk has followed the tracks of a mysterious whale from 2010, a miner who not only mined thousands of bitcoin back in the day, but has also spent over 8,000 bitcoin during the past ten months. This week, the Russian blockchain researcher, Issak Shvarts published a report...
Testnet of Facebook’s Much Vaunted Stablecoin Only Executes 6 Transactions per Second
5.12.2020
The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes...
Airbnb IPO Prospectus Says Future Success Means Adapting to Cryptocurrencies
20.11.2020
The giant online rental marketplace based in San Francisco, Airbnb is considering supporting cryptocurrencies and blockchain technology. The news stems from the company’s initial public offering (IPO) prospectus with the U.S. Securities and Exchange Commission (SEC). Airbnb’s filing...
Bitcoin Soars After Chinese President Xi Jinping’s Positive Statement on Blockchain
5.11.2019
Bitcoin witnessed a major surprise earlier last week soon after Chinese President Xi Jinping’s major statement on blockchain. Jinping extended his support for the blockchain technology and urged the country to tap the vast potential that the technology offers. After the Jinping’s statement, Bitcoin...
Beyond a “Legacy” Browser: Opera Now Lets You Transact in Bitcoin and TRON
23.10.2019
Renowned web browser, Opera, has recently announced that the platform now supports transactions in Bitcoin (BTC) and TRON (TRX) cryptocurrencies within the browser. After being the very first web browser to integrate Ethereum (ETH) along with a crypto wallet in 2018, Opera is now sternly poised...
FreeFaucet Offers Crypto Rewards For Viewing Online Content on Its Website
22.10.2019
According to the official press release, Online Blockchain plc’s FreeFaucet.io has unveiled ‘impression faucets’ that is a pioneering kind of digital currency faucet. It lets anyone tap into the huge crypto-centric userbase of FreeFaucet and offer them Bitcoin rewards for their content views. What...
Basketball Team Sacramento Kings Partners With CryptoKaiju to Launch Crypto-collectibles
17.10.2019
America’s professional basketball team based in California’s Sacramento, Sacramento Kings, has joined hands with CryptoKaiju to introduce crypto-collectibles, per the official press release shared on October 16, 2019. The move has been taken to reward the team’s fans. CryptoKaiju is a platform...
BTC Surf Expands Its Exclusive Offer for Its Community
12.10.2019
If you have been in the world of cryptocurrencies for a long time, you should have experienced the evolution of the business models. In the initial phase, there were many business models linked to advertising. The already known “faucets” and the PTCs (Paid To Click) were a viable way...
Matt Dickson Opens Up Blockchain Gambling Technology at the Seoul Conference
7.10.2019
The gambling industry is at the brim of subsiding with the blockchain industry and feels that it needs a number of different resources and solutions to be properly equipped to leverage its potential. Bitboss is the creator of blockchain-based solutions for the gaming industry that involves...