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This Week in Bitcoin: $8 Billion BTC Trust and Maximalists Misbehaving


This Week in Bitcoin is your roundup of the prime talking points from across the cryptosphere. From the major news to the minor debates that erupted into huge arguments, we’ve captured the flavor of the frenetic soup that is Bitcoin and all that simmers in it. In this edition, the deadline...

Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed


It has been a year since the founder of now-defunct crypto exchange Quadrigacx supposedly died in India. However, some 76,000 victims are still out of millions of dollars. A court-appointed lawyer representing them has now requested an exhumation and post-mortem autopsy in Canada of the dead body...

Hackers Failed to Execute $400K Worth Bitcoin Scam in Texas


A Texas-based couple was subjected to an unfavorable incident of extortion from a malicious hacker who demanded a whopping amount of $400k in Bitcoin holdings after sabotaging their Amazon Ring doorbell. Tania Amador, the 28-year-old woman who became the target of the hacker, used her intelligence...

Bitcoin Price Today Draws Controversies as it Trades Stably Around $7,200


Bitcoin News Today Bitcoin (BTC) draws a declining trend as observed from the cumulative movement over the past two years. It currently trades around $7,250 and forms a declining channel. In order to observe the trend that BTC price has been exhibiting since it hit the ultimate top and bottom...

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...

Lightning Network Wiki Page Faces Removal for Lack of Notability


A slew of Wikipedia editors would like to delete the Lightning Network (LN) Wiki page because the subject matter does not hold notability. Wikipedia editors use notability as a test to find out if a topic warrants its own article. The LN article debate on Wikipedia is still raging as a few editors...

Is Bitcoin the Best Source for Execution of Private Transactions?


Making its first appearance in the financial market space as the world’s first-ever digital or virtual currency, Bitcoin can be considered as the pioneer in the evolution of a new-age payment settlement mechanism. Cryptocurrencies operate on blockchain technology, which is a distributed ledger...

24K Casino Adds Ethereum


We live in an era where the latest technology profoundly shapes our daily lives. The past decade has seen an unprecedented growth in technology that not only revolutionized the online gaming industry but literally turned it on its head. The post 24K Casino Adds Ethereum appeared first on Bitcoin...

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)...

Croatian Post Now Offers Crypto Exchange Service at 55 Branches


Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot...

Should We Expect a Bitcoin Breakout in 2020?


Two years ago, Bitcoin reached stratospheric heights. In the years since the cryptocurrency market has undergone a significant correction. Industry-leading aficionados have termed it a bear market for crypto, as speculators tapered expectations during a strong consolidation of the industry....

NY Regulator Proposes Relaxing New Coin Listing Requirements


The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will...

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