Monthly Archives: June 2019

The servers Edward Snowden used to leak thousands of documents to journalists were paid for using bitcoin (BTC), the National Security Agency whistleblower revealed at the Bitcoin 2019 Conference on June 27.Snowden was working as a CIA subcontractor in 2013 when his leak revealed that telecom companies and governments were involved in “almost Orwellian” mass surveillance programs that…

Binance has engaged in official discussions with Facebook and is “very excited” about the libra project, the exchange’s strategy officer Gin Chao told BlockTV in an interview on June 27.While Chao cautioned the talks were at an early stage, the executive said Binance was “looking forward to working with libra as much as we can.” He said:“I think…

Bitcoin’s (BTC) mining difficulty has reached an all-time high, demonstrating the increasing competition for block rewards between miners, data from Blockchain.com revealed on June 27.Mining difficulty, which adjusts to the network hash rate every 2016 blocks, hit 7.86 trillion, a new record, surpassing the previous peak in October 2018. Hash rate itself, which set new records…

The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies.English-language Ugandan daily New Vision reports on June 28 that the bank’s deputy governor — Dr. Louis Kaskende — made his remarks during a Town Hall meeting in the city of Masaka,…

San Francisco-based incubator for the blockchain Ethereum Classic (ETC), ETC Labs, has announced that it has partnered with cryptocurrency firm Metronome to create a solution for Ethereum (ETH)/ETC interoperability, in an official blog post on June 27.Per the announcement, blockchain interoperability—also referred to as “chainhopping”—is a property of a blockchain asset meaning that it can…

Bitcoin (BTC) corrected as low as $10,380 before rebounding above $11,000 on June 27 as commentators remain highly bullish about the market’s potential.Market visualization courtesy of Coin360Data from Coin360 showed the bitcoin price dipping down from recent highs of $13,800 in a pullback many had anticipated. BTC/USD gained rapidly throughout this week and last, adding thousands…

Ireland-based cryptocurrency exchange Bitsane has apparently vanished, taking as many as 246,000 users’ crypto deposits with it. The news was reported by Forbes on June 27.Launched in 2016, Dublin-registered Bitsane LP was formerly listed as one of Ripple’s approved exchanges — a January 2018 CNBC article had also pitched the exchange as an option for…