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Bakkt’s Bitcoin Futures Shatters Records Amid Spot Market Turmoil


Bakkt’s bitcoin core (BTC) futures product saw another all-time high as the spot market price of BTC plummeted under $7,000 on Friday morning, Nov. 22. Bakkt saw 2,728 contracts traded ($20 million) and $1.75 million in open interest outpacing the record of 1,179 contracts on Oct. 25. Also...

Market Update: Cryptos Shed Billions in Rapid Sell-Off


Digital currency prices have been dropping in value this week and on November 21 the entire cryptoconomy fell below $200 billion. At the moment, most cryptocurrencies are down between 4-12% in the last 24 hours and 10-25% over the last seven days. Traders are currently pondering what will happen...

Market Update: Crypto Prices Spike Significantly In a Matter of Minutes


Digital currency markets have seen a strong price spike on Friday, adding billions to the overall market capitalization of the entire cryptoconomy. The surprise upward trend shows a few of the top-performing cryptocurrencies have gained between 10-20% in the last 24 hours. Also read: FATF Starts...

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...

Libra Won't Help the Billions of Unbanked People


‘It’ll never catch on!’ NIKS ADS When Facebook unveiled its new digital currency libra, it explicitly said the initiative was intended to address the problems faced by the world’s unbanked: the 1.7 billion people without a bank account. As well as facing inconvenience, these...

Hackers Have Looted More Bitcoin Than Satoshi’s Entire Stash


Ever since cryptocurrencies started gaining value, hackers have targeted exchanges that provide digital asset trading and malicious entities have siphoned billions of dollars worth of bitcoin since 2010. So far, over 1 million of the world’s BTC has been stolen from exchanges and traders...

An Inferno on the Head of a Pin


Today's processors contain billions of heat-generating transistors in an ever shrinking space. The power budget might go from: 1000 watts on a specialized server 100 watts on desktops 30 watts on laptops 5 watts on tablets 1 or 2 watts on a phone 100 milliwatts on an embedded system That's

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