Jump likely shuttered development arm, not trading — 1000x co-host

Can this project provide scalability without sacrificing security? BitMex's 100x Group has awarded its last Bitcoin development grant of the year. The company has awarded a grant valued at $40,000 to Calvin Kim for his Bitcoin scalability solution, Utreexo — a project originally created by Tadge Dryja from the MIT Digital Currency Initiative.Bitcoin's protocol checks…

Authorities in the United States have arrested two individuals who allegedly threatened to destroy a startup crypto company if they were not paid millions of dollars in cryptocurrency.Extortion of crypto startupOn Sept. 18, the U.S. Attorney’s Office for the Eastern District of New York, together with the FBI, announced the arrest of Steven Nerayoff and…

Dorsey's Start Small initiative has invested over $55 million across the United States and overseas to experiment on universal basic income. 271 Total views 41 Total shares Twitter co-founder and Block (previously Square) CEO Jack Dorsey discussed the implications of a Bitcoin (BTC)-powered universal basic income (UBI) strategy with US congressional candidate and a full-time…

The bank said would be “following the FCA’s warning to consumers” in blocking payments made to the crypto exchange. Spain-based bank Santander’s U.K. business will no longer be allowing its customers to send payments to Binance, citing warnings from the Financial Conduct Authority.Several replies from Santander’s U.K. Twitter help account today said the bank has…

"This is basically the same as making a joke that you stole the Mona Lisa by taking a photograph of it," said Twitter user Sergey Pshenichkin. 733 Total views 23 Total shares Twitter user Lauren Walker tweeted a message claiming she was “stealing” nonfungible tokens, only to have crypto-Twitter turn around and mint her words…

A Bloomberg analyst believes Bitcoin presents a more attractive supply model than gold. Mike McGlone, Bloomberg’s senior commodity strategist, in his latest Bitcoin report remains bullish on the “first-born” crypto and points to the advantage it holds over its hedging rival gold:“Unlike quasi currency brethren gold, higher prices won't be an incentive for more supply.”Is…

Bitcoin (BTC) staged a modest recovery on Dec. 29 as United States stock markets rebounded in step.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$10,000 BTC price targets stickData from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering above $16,600 at the Wall Street open after wicking below the $16,500 for a second day.The pair remained unappealing…

Famous crypto skeptic and gold bug Peter Schiff said that his “Bitcoin mystery” is solved after realizing that he mistook the pin of his Bitcoin (BTC) wallet for the password.In a tweet on Jan. 22, Schiff explained that he knows the pin of his wallet, but after the app was updated, he was logged out…

Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.