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Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency


At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...

$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,...

Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin


According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners...

Chinese Regulators Question 8 Crypto Companies in Shenzhen


Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...

11 'Bold' Crypto Predictions for 2020 by Blockchain Capital


Bitcoin (BTC) is set for a 2020 price surge that will see it go past the USD 20,000 mark, per a new report, with fees to exceed USD 100. In its annual State of Crypto report, investment company Blockchain Capital has made eleven “bold” predictions for the upcoming year. The company says we might...

The Many Facts Pointing to Ian Grigg Being Satoshi


Financial cryptographer. Cypherpunk. Inventor of Ricardian contracts and early utilizer of triple-entry accounting systems, which would later be exemplified in Bitcoin. Ian Grigg may have claimed that Satoshi was a team effort and is now dead, only living on in bitcoiners everywhere, but some seem...

Average Bitcoin Spender Doesn't Need 6 Confirmations - Mathematicians


Double-spending an average Bitcoin (BTC) transaction is not profitable and, though exchanges and merchants often require it, sending some sats may not in fact need six confirmations – according to calculations by two mathematicians. For an average transaction, only one or two confirmations...

Bitcoin Prices Are Affected by Several Factors Besides High Costs of Mining


Bitcoin, one of the most popular cryptocurrencies, has always been in the news whether for the right reasons or the wrong ones. This is because Bitcoin has experienced unprecedented growth over the last decade and has drawn attention over various issues like security, anonymity, stability,...

BCH Is An A-Class Crypto for Auditability


Crypto research group Coin Metrics recently released issue 30 of its “State of the Network” series, which ranks crypto assets by auditability. Taking into account node operation, synchronization, normal operation, code audit and extraction of ledger data, the top 10 cryptocurrencies...

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