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Bitcoin’s Scaling Problems Forced Facebook to Launch Libra


If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally clear...

Bitcoin’s 2% Surge Leads to Ethereum’s 7% Surge within a Day


Bitcoin records 2% uptrend moving from $10,313 to $10,556 in a day Ethereum records 7% uptrend surging from $169 to $182 in a day  It has been a good weekend for both Bitcoin and Ethereum. As soon as BTC started moving in the upward direction, ETH followed with full force. A slight positive change...

Craig Wright to Challenge Judge’s Ruling in the Billion-Dollar Lawsuit


Craig Wright is looking to challenge Judge Reinhart’s decision and has asked the court for an extension of time in order to dispute the August 27 ruling. Wright was recently instructed to distribute 50% of his BTC holdings allegedly mined before 2014 and intellectual property (IP) to...

Court Instructs Craig Wright to Distribute Billions to Plaintiffs


On August 26, the self-proclaimed Bitcoin inventor, Craig Wright, was ordered by Southern District Court of Florida to distribute half of his BTC holdings and intellectual property assets from prior to 2014. According to the Kleiman estate attorney Vel Freedman, the family has waited a long time...

Report Discloses Annual Incomes of Pro Athletes If Paid in Bitcoins


Nearly a couple of months ago, Bitcoinist reported that there had been a rapid surge of interest from NFL players, asking teams to ‘Pay Me in Bitcoin.’ Led by Russell Okung, a player for the Los Angeles Chargers and also football’s biggest Bitcoin advocate has been constantly pushing for...

Did Someone Just Buy 45 Bitcoins for USD 14?


Users of Singapore-registered cryptocurrency exchange BitMax (39th by reported trading volume) are scratching their heads as it looks like someone managed to buy 45 bitcoins for USD 14 today, which would normally cost c. USD 458,100. Today, a screenshot started to circulate in social media...

High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate


On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash....

How to Bequeath Your Digital Assets to Your Descendants


Depending on your belief system, death is either the endgame or the next level. Whatever lies on the other side, your bitcoins are no good there. Just as we entered this world with nothing, we are destined to leave it with nothing. All those years spent stacking sats needn’t be in vain...

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