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Devs Discuss Formal Specification Project for Bitcoin Cash


On Monday, Bitcoin ABC’s lead developer Amaury Séchet explained in a blog post that Bitcoin Cash will be getting its own formal specification from Bitcoin Verde programmer Joshua Green. Séchet noted that although a slew of developers have written documentation, “the existing...

A History of Blockchain Consensus Mechanisms


The consensus mechanism is a critical blockchain component, providing a non-partisan means of establishing agreement as to the network’s current state. But ever since Bitcoin emerged in 2008, its original consensus mechanism – Proof of Work (PoW) – has been emulated and iterated...

Bitcoin Price Rallies 10%, Altcoins Move Higher


After touching USD 6,600 earlier on Monday, the average price of bitcoin (BTC) rallied c. 10% in around 7 hours, jumping to USD 7,300 before going lower. Major altcoins are also correcting their losses. At pixel time (14:18 UTC), bitcoin trades at c. USD 7,199 and is up by almost 1% in the past...

Monero (XMR) Follows the Market Trend; Loses 10% Overnight


XMR coin loses 10% in the last 24 hours and reached $46 The next halt is likely to come at $45 Monero could not withstand the market pressure of the last 24 hours, and it has been down by 10% in these hours. The value has now gone as low as 46.67 USD from 51.86 … The post Monero (XMR) Follows...

After Blockstack’s Regulated Offering, Where Now For US Token Sales?


When Blockstack announced the first Reg A+ token sale, many believed it would open the floodgates for a spate of similar offerings. Reg A+ has long been the Holy Grail of token offerings in the U.S., with a host of companies pursuing the only SEC exemption that allows the inclusion of unaccredited...

Survey: 58% of German Banks Charge Negative Interest Rates


Germany’s central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for deposits...

Localethereum Becomes Localcryptos and Adds BTC Trading


P2P trading site Localethereum has rebranded to Localcryptos, allowing users to buy and sell both ETH and BTC without KYC. The platform has been providing peer to peer trading services for ethereum since 2017, but in a surprise announcement this week, the website revealed its new home...

Bakkt’s Bitcoin Futures Shatters Records Amid Spot Market Turmoil


Bakkt’s bitcoin core (BTC) futures product saw another all-time high as the spot market price of BTC plummeted under $7,000 on Friday morning, Nov. 22. Bakkt saw 2,728 contracts traded ($20 million) and $1.75 million in open interest outpacing the record of 1,179 contracts on Oct. 25. Also...

VeChain (VET) Loses 10.92% Over the Last 24 Hours


VeChain seems to have stopped its growth movement, and over the last 24 hours, it has gone downward. With three major price swings, it has made a loss of 10.92% overnight. VeChain Price Prediction VET coin opened the day at 0.006904 USD, and in the initial 8 hours and 49 minutes, it went as...

Trescon’s 14th World Blockchain Summit to Debut in Thailand This December


World Blockchain Summit (WBS) will expand its footprints into Thailand this December, hosting the world’s leading thinkers in blockchain, who will give an outlook on the Blockchain and Crypto Ecosystem of Thailand. The summit will feature top speakers, including Prinn Panitchpakdi, Felix Mago,...

Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus


Regional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro also...

VeChain (VET) Registers 11% Fall Over the Last 24 Hours


The VeChain price movement has been quite disappointing lately. The fall in the price is under heavy market pressure. The same has brought big forces, Bitcoin, Ethereum, Ripple, etc to lower level than expected. The improvement in VET coin is anticipated to take place in the coming hours....

Market Update: Crypto Prices Improve After 3-Week Downtrend


Digital currency markets have been trending downward in a triangular pattern since the 40% spike that took place on October 25. Following the three-week downtrend, cryptocurrency traders are quietly playing positions while patiently waiting for the next market signals. Also Read: The Bank of Google...

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