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Innovation Can’t Keep the Web Fast
31.1.2020
Every so often, the fruits of innovation bear fruit in the form of improvements to the foundational layers of the web. In 2015, HTTP/2 became a published standard in an effort to update an aging protocol. This was was both necessary and overdue, as HTTP/1 rendered web performance as an arcane sort...
Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends
26.1.2020
The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin...
Ripple Reports Selling Just $13M of XRP Last Quarter
24.1.2020
Ripple sold $13 million in XRP last quarter – down 75 percent from its Q3 sales of $66.24 million
London-Listed Argo Blockchain Reports 10-Fold Increase in Bitcoin Mining Revenue in 2019
20.1.2020
For its first full year of operations, Argo says it generated just over $11 million in revenue
VC Giant Grayscale Investments Reports Record-Breaking Year
16.1.2020
VC giant Grayscale reports a banner year on strength of its Bitcoin Trust
NBA Player’s Contract Tokenization Plan Can Move Forward: Reports
10.1.2020
Spencer Dinwiddie intends to begin selling tokenized shares of his contract starting Monday, Jan. 13
Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns
10.1.2020
The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. Historically low interest rates this time might not...
Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens
8.1.2020
Lebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients....
Turkey Prepares to Increase Oversight in the Crypto Space
6.1.2020
Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to introduce greater oversight into the sector. Local media revealed that regulators are under pressure to increase supervision in 2020 because of the growing popularity of decentralized...
Travala Scores 33% Revenue Growth With 60% of Bookings Paid With Crypto
5.1.2020
Travala, the online platform that allows crypto users to book hotel rooms in thousands of destinations around the world, has registered remarkable growth in bookings during the Christmas holiday season. More than half of those in December were paid in cryptocurrency, with bitcoin cash among...
User Reports Reveal Visa and Mastercard Outages During the Holidays
27.12.2019
Having problems with payments around Christmas can be frustrating, especially for those who leave gift buying till the last minute. With calmer markets this holiday season, the crypto ecosystem has been operating relatively smoothly, with few exceptions. The fiat world, however, saw some glitches...
Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases
27.12.2019
Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set...
Youtube ‘Christmas Purge’ Has Content Creators Pointing to These Alternate Platforms
26.12.2019
Recent widespread video removals have crypto Youtubers searching for greener and more dependable pastures for content production. While reports have since emerged of Youtube claiming the incident was an accident, and that videos are now being restored, the “Christmas Crypto purge”...
Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin
21.12.2019
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
20.12.2019
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...
Alleged BTC-e Operator Alexander Vinnik to Be Extradited to France: Reports
20.12.2019
Alleged BTC-e exchange operator and money launderer Alexander Vinnik is finally being extradited to France, say reports
Reports Criticize Bitcoin SV Miners and the Chain’s Upcoming Fork
20.12.2019
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...
Indian Crypto Community Gathers to Dispel Confusion About Regulation
18.12.2019
As the Indian government deliberates on the country’s crypto policy, there has been some confusion in media reports regarding crypto regulation in India. A group of local crypto enthusiasts and community members have gathered in an effort to ensure that the crypto situation in India...
Russia’s Hydra Darknet Marketplace Plans $146M Token Sale
14.12.2019
According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory...
IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian
12.12.2019
According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining...