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California City Official Uses Bitcoin Cash to Purchase Cannabis


In California, cryptocurrency payments are making headway in the cannabis industry as Berkeley City Councilmember Ben Bartlett became the first elected official to purchase cannabis using a digital asset. On Tuesday, Bartlett utilized bitcoin cash (BCH) and Cred’s LBA token to facilitate...

Huobi Confirms That USD 1B Transaction Did Not Include Their Own BTC


Source: iStock/D-Keine The recent transfer of more than 94,500 bitcoins, worth USD 1 billion at the time, sent crypto twitter into a theorizing frenzy, trying to figure out who could be behind this and why. We now know that cryptocurrency exchange Huobi’s funds are not a part of it. As previously...

HSBC Used Voltron Blockchain in a Letter of Credit Transaction Using Yuan


On Tuesday, HSBC used the technology of the Voltron blockchain platform and completed a transaction between Hong Kong’s MTC Electronics, sending LCD parts to its parent company in Shenzhen. It was a letter of credit transaction, done using Chinese renminbi (Yuan). Letters of credit or bankers...

Blockchain Scalability: Current Challenges and Potential Solutions


While blockchain scalability is one of the biggest hurdles to mass adoption, the existing consensus mechanisms come with their own set of tradeoffs. To decentralize nonfinancial blockchains as well, we’re going to need novel approaches to secure their decentralized networks

ERC20 Tether Transactions Flip Their Omni Equivalent


Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC....

Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator


On August 23, Bitcoin.com released a new application called the SLP Dividend Calculator. The new platform allows users to build a transaction to make dividend payments to any Simple Ledger Protocol (SLP) token holder. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin...

How to Shuffle BCH and Keep Your Transactions Private With Cashshuffle


As blockchain surveillance becomes more prevalent, cryptocurrency advocates have created ways to make digital currency transactions more private. Bitcoin Cash (BCH) has an application called Cashshuffle, which allows users to shuffle their BCH with other fractions of BCH to obfuscate...

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