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Coinme Adds BTC Purchase Function to Over 100 Coinstar Kiosks in California


With over 21,000 kiosks in the U.S., Coinstar is a popular automated service for those who want to turn their fiat coins into paper cash. 3,000 of these kiosks have been integrated with Coinme to include crypto purchase functionality, and more than 100 BTC-integrated Coinstar kiosks are now newly...

Debate Ensues After 68% of BCH Hashrate Mined by Stealth Miners


2019 was known for the growing trend of stealth miners mining on the BTC and BCH network. On Dec. 30, data shows that 68% of the Bitcoin Cash network’s hashrate is being mined by mystery miners. As the year comes to an end, the large number of unknown BCH hashrate has attracted scrutiny. Also...

Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use


Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has created scalability issues, environmental concerns...

Another Research Paper Finds Flaws With the Lightning Network


On November 21, researchers from Hungary and Institute for Computer Science and Control published a critical examination of the Lightning Network, the protocol intended to amend BTC’s scalability issues. The researchers’ simulation findings indicate the Lightning Network...

The New Good Ol’ Days


Eighteen years into this game, I love to reminisce back to the good ol’ days of the early to mid-2000s when there was an explosion of creativity on the web. It felt fresh and unbridled, with boundaries expected to be pushed at every turn, and they were. This was mainly down to one thing, the thing...

Global Trend Against Cash Intensifies as China Joins the Squeeze


For various reasons, a growing number of nations are experiencing the rapid development of cashless society. Paper money may become extinct in some countries in the not-so-distant future. Prompted by the spread of private and decentralized cryptocurrencies and the threat of losing control over...

Walk Like Nakamoto: 7 Anonymous Personalities in the Crypto Space


In late 2008, an anonymous person named Satoshi Nakamoto introduced the Bitcoin white paper on Halloween. While Nakamoto is clearly the most famous anonymous crypto moniker, in the early days there were many other mysterious individuals scattered throughout the blockchain environment. Also read:...

China's Digital Fiat to Substitute Paper Money + 12 More Crypto News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Digital fiats news China's digital fiat, the Digital Currency Electronic Payment (DCEP), is designed to substitute existing...

Do You Know the Newspeak of the Looming ‘NIRP’ Economic Meltdown?


Negative and zero interest rate policy (NIRP and ZIRP) are becoming a new global norm. Endless printing of paper money is said to make economies stronger, while everyday individuals are seeing their savings worth less and less. These policies were traditionally viewed as last ditch, temporary...

How Bitcoin’s Peer-to-Peer Cash System Was Revealed 11 Years Ago


On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today. Also read: China Ranks 35 Crypto Projects as President Xi Pushes...

How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise


Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling...

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