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Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic Crisis

17.4.2020
Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors....

Bitcoin Miners Are Selling Coins Faster Than They Can Generate Them

27.3.2020
According to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the week of falling prices that followed, bitcoin miners have been struggling. Also read: Bitcoin Hashrate Down 45% – Miners...

Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium

8.3.2020
A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell...

Bitcoin History: When DDoS Attacks Made BTC’s Price Drop

7.3.2020
As anyone who has read the Bitcoin History series (or lived through the period in question) will know, the Bitcointalk forum was the crucible of debate in the early days. What’s less known is that – to quote one poster – “DDoSing this forum coincided with dumps on the then...

Bitcoin History Part 24: Celebrating the First Halving in 2012

25.2.2020
As the third Bitcoin halvening approaches, a handful of OGs will wistfully recall the first such event, which occurred in November 2012. Back then, following the completion of block 210,000, the mining reward halved from 50 to 25 BTC. To commemorate the milestone, early adopters threw parties...

Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced

22.2.2020
Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring...

Poloniex Deletes Trading History After Trades ‘Executed Erroneously’

11.2.2020
Seychelles-registered crypto exchange Poloniex has rolled back 12 minutes of trading history after a bug detected in the system caused trades to be “executed erroneously,” the company announced late Wednesday. According to a series of tweets posted by the exchange’s customer support department,...

PHP is A-OK for Templating

4.2.2020
PHP templating often gets a bad rap for facilitating subpar code — but that doesn't have to be the case. Let’s look at how PHP projects can enforce a basic Model, View, Controller (MVC) structure without depending on a purpose-built templating engine. But first, a very brief PHP history lesson The...

Three High Profile Crypto Networks Face Reward Halvings This Spring

28.1.2020
This spring, three of the largest crypto networks, BTC, BCH, and BSV, will undergo their halvings around the same time for the first time in history. During the last halving in 2016, only one network existed, but now three protocols share the same consensus algorithm. Google Trends shows that...

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