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Bitcoin Gained 8.9 Million Percent Over the Last Decade


2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created....

Thomson Reuters Launches Crypto Tax Tool


Tax authorities around the world are increasing their focus on crypto transactions and companies are rushing to help investors navigate the unclear regulations. The latest example is Thomson Reuters which has added a new tool for American tax payers to report crypto dealings to the IRS. Also Read:...

$100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories


During the last two weeks as cryptocurrency prices slid below long term foundational support, speculators assumed Plustoken scammers may be behind the dump. Blockchain intelligence firm Chainalysis published a report which claimed Plustoken coin sales might be dragging BTC prices down. Moreover,...

U.S. Firm Offers to Buy up Mt. Gox Creditors at Reduced Price - Report


Mark Karpeles, the former CEO of Mt. Gox. U.S. private equity and hedge fund firm Fortress Investment Group is intensifying efforts to take over creditor claims from the defunct cryptocurrency exchange Mt. Gox. Earlier this month, the New York-based company sent letters to the exchange’s creditors...

Reports Criticize Bitcoin SV Miners and the Chain’s Upcoming Fork


In the last two days there have been two critical posts published against the Bitcoin Satoshi’s Vision network (BSV). On December 17, Binance Research published an allocation mining report that analyzed the mining activities of BTC, BCH, and BSV and the research detailed that BSV miners...

European Central Bank’s CBDC Borrows Bitcoin’s Pseudo-Anonymity


On December 17, the European Central Bank (ECB) published a report that showcased its blockchain technology proof-of-concept. One particular feature the central bank digital chain holds is the ability to issue “anonymity vouchers.” Also read: Lagarde Sees Demand for Stablecoins, Plans...

Report: Ethereum Has Pulled ahead of EOS and Tron in Blockchain Gaming


Characters from the My Crypto Heroes game. Source: a video screenshot, My Crypto Heroes A new report from DappRadar, a dapp data aggregator, claims that Ethereum (ETH) is now leading the field in blockchain gaming, with both EOS (EOS) and Tron (TRX) “falling away” in 2019, despite the merits...

Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report


On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $3 billion but the scam “may...

2019’s Bitcoin Miners Are 5x Faster Than Predecessors


High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their...

Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China


As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s)...

Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest


Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to...

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