Bitcoin speculators hodl 2.8M BTC in 'worst performing' price cycle
Bitcoin unrealized losses mount, but unlike previous market cycles, BTC hodlers underwater are keeping a lid on their emotions.
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New Gov’t Initiative to Put South Korean Trade on Blockchain by 2021
The South Korean government is planning to establish a digital trade foundation to reduce the costs of trade by using blockchain technology.Reduce trade costs by more than 90%On Oct. 14, South Korean Finance Minister Hong Nam-ki introduced the country’s Development Plan for Digital Trade. Under the plan, technologies such as blockchain, big data and AI,…
New York Times Trials Blockchain System to Combat Misleading Pictures
The New York Times has worked on a blockchain solution to combat misinformation, providing metadata on pictures found in social media. 680 Total views 27 Total shares The New York Times publication has revealed the successful completion of a trial for a new blockchain-based system to detect misinformation.According to a June 12 blog post, the…
Solana based cross-chain exchange Saber raises $7.7M to expand team and tokens
Saber has raised $7.7 million in a seeding fund round, and is rated as the second platform on Solana in terms of total locked value (TVL) with $185.77 million. 32 Total views 2 Total shares Solana-based cross-chain exchange Saber raised $7.7 million in a seed funding round. The platform launched last month and enables the…
Blockstream Releases Upgrade of Its Bitcoin Lightning Network Implementation
Blockchain development company Blockstream has released a new version of its Bitcoin (BTC) scalability software, c-lightning, a post on the company’s blog reveals on March 1.C-lightning is an implementation of the off-chain Bitcoin scalability solution, the Lightning Network (LN), that is written in the C programming language. Per the announcement, this latest version, c-lightning 0.7,…
Pancakeswap integrates Transak for fiat onboarding on multiple chains
Pancakeswap now allows users to purchase crypto with debit card, Google Pay, Apple Pay, and other methods through Transak. 55 Total views 23 Total shares Decentralized exchange Pancakeswap now offers Transak as a provider in its “buy crypto” tab, giving Pancakeswap users an additional option when shopping for crypto, according to an announcement on September
Bitcoin Cash Difficulty Volatile Ahead of Nov. 15 Hard Fork
An upcoming planned hard fork in Bitcoin Cash (BCH) will impose relatively simple technical changes to its consensus mechanism that will not split the chain, despite some turbulent undercurrents in the coin’s community regarding issues which have recently become difficult to ignore. Disloyalty and perhaps manipulation among miners, or just the possibility of such, has…
FTX US sees daily volume, users surge in Q3
Q3 was a volatile period for digital assets as Bitcoin wicked below $30,000 and the total crypto market capitalization shed half its value. 262 Total views 11 Total shares United States crypto exchange FTX US registered a large uptick in trading volumes and investor activity during the third quarter, underscoring heightened retail appetite for digital…
One SEC commissioner down before Trump’s term — Gary Gensler is next
As Gary Gensler prepares to announce his resignation, some SEC officials have said they will step down before Donald Trump’s inauguration.