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Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US
21.8.2020
Nigeria’s weakening naira currency, as well as the shortage of U.S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential...
Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning
20.8.2020
LND now supports Lightning Network wumbo channels. These channels have the capacity to hold more funds, and users can send larger bitcoin transactions
Dust Attacks Make a Mess in Bitcoin Wallets, but There Could Be a Fix
18.8.2020
When dust settles in your home, you sweep it up. But what happens when dust makes its way into your Bitcoin wallet? Cleaning it up may not be so simple
Lockdown Life & Darknets: BTC Still the DNM King, Cashaa’s Stolen Coins Sent to Hydra, Cannabis Sales Surge
17.8.2020
During the last six months, the Covid-19 outbreak has caused a lot of disarray in the world and one thing is for sure, the use of darknet markets has surged. While the citizens of the globe have been locked down, cannabis sales have skyrocketed and the dollar value of bitcoin transactions done...
Lukka Co-CEO Explains How Blockchain Data Saves on Taxes
16.8.2020
Why is blockchain reference data important? How can it help save on taxes? Lukka co-CEO Robert Materazzi explains
LIFETIONCOIN Provides Payment Solutions and Worldwide Prosperity
15.8.2020
What Is Cryptocurrency? Cryptocurrencies use cryptographic protocols that encrypt sensitive data transfers, to secure their units of exchange. Since they are built on advance mathematics it’s impossible to duplicate or break the currency. In addition to that, identities of cryptocurrency users...
Russia Developing AI System to Monitor Cryptocurrency Transactions — Prototype Already in Use
12.8.2020
Russia is reportedly developing a system using artificial intelligence to track and analyze transactions involving cryptocurrencies, such as bitcoin, dash, and monero. The system prototype has already been created and is currently being tested. This news followed the signing of crypto regulation...
Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper
11.8.2020
The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as much as 547% in the month to August 6, rising from...
Cryptocurrency News From Japan: August 2 - August 8 in Review
8.8.2020
Coincheck's CEO expressed optimism toward the company's upcoming shareholder meeting app, GMO Coin announced negative leverage trading fees and more headlined news from Japan this past week
First Mover: Kyber CEO Predicts 2020 Transactions at $3B as DeFi Token Soars
7.8.2020
Kyber Network's KNC token has brought traders eightfold returns this year, dwarfing those for bitcoin and ether. CoinDesk spoke with Kyber CEO Loi Luu about the project and the token's performance
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily
7.8.2020
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market...
Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
6.8.2020
An unknown Bitcoin wallet paid a mere $4 to transfer over $1 billion
Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem
3.8.2020
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often...
Putin Signs Law Giving Cryptocurrency Legal Status in Russia
2.8.2020
Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President Vladimir Putin signed into law Friday the bill...
Elrond Mainnet Launches Today After Testnet Hits 260,000 Transactions per Second
30.7.2020
The Elrond mainnet is launching today with a new DeFi app and staking opportunities
SEC Wants to Start Scrutinizing Binance Chain Transactions
30.7.2020
Company executives anticipated that regulators might one day take an interest in Binance Chain
Cellebrite Launches Crypto Tracer Solution to Track Illicit Transactions
28.7.2020
Cellebrite released a new cryptocurrency tracer tool that gives law enforcement and analysts the ability to track illicit crypto transactions
Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’
28.7.2020
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. Digital currency markets have been extremely bullish lately...
Ukrainian Ministry Plans to Track Crypto Transactions With Bitfury
24.7.2020
Ukraine’s Ministry for Digital Transformation will be tracking illicit crypto transactions with a crypto analytics startup backed by Bitfury
CipherTrace Says It Can Instantly Flag Shady Transactions With Predictive Risk Scores
21.7.2020
The blockchain analytics firm claims its new system respects crypto users’ privacy while also flagging suspect transactions