The Bitcoin News
- Bitcoin Transferred More Than $3.2 Trillion in Value Last Year21 Jan 2019 20:00
Bitcoin’s (BTC) layer 1 transaction volume in 2018 was $3.2 trillion. Furthermore, over $2.2 trillionof Bitcoin was traded throughout last year – almost four times more than the amount traded in 2017, despite the falling prices. $3.2 Trillion Transferred Despite Lower Price Twitter account Satoshi Capital Research (@chartingbitcoin) has shared some statistics of Bitcoin’s performance in 2018 compared to previous […]
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- Russian Institutions Back Proposal to Let Companies Use Cryptocurrency21 Jan 2019 19:48
An idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law prepared by the Economy Ministry, a high-ranking parliamentarian has voiced his support, and big business is discussing its implementation. Also read: No Reason to ‘Bury’ Cryptocurrencies, […]
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- Op Ed: Bitcoin Mining Attacks Are Overblown21 Jan 2019 18:52
Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments: My X coin is also decentralized. Bitcoin isn’t decentralized because of Core and/or miners. I’ll leave 1 and the first half of 2 for another day, but the “mining centralization” argument is what I want to tackle in this […]
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- Peer-to-Peer Trading Platform Bitquick Implements Bitcoin Cash Support21 Jan 2019 17:45
Over-the-counter marketplace Bitquick has announced the company is now supporting multiple cryptocurrencies and has officially added bitcoin cash (BCH) to the platform. Now cryptocurrency users can purchase BCH in as little three hours as traders buy and sell coins in a peer-to-peer fashion. Also Read: Regulations Have Ruined the Physical Bitcoin Industry Bitquick Exchange Adds BCH […]
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- Coinstar KYC Hurdles Are Hurting Bitcoin User Experience21 Jan 2019 17:00
Coinstar’s initiative to support buying bitcoin at 20,000 locations in the US is facing mixed reviews days after it launched as users complain about high costs and poor performance. AML/KYC Overload Coinme, the Bitcoin ATM operator which began offering purchases in 2014, teamed up with change counter Coinstar last week to let customers purchase bitcoin […]
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- A Comprehensive Guide to the Different Ethereum Token Standards21 Jan 2019 16:48
The world of Ethereum exists beyond just its native asset, Ether. Indeed, many of the major public blockchain projects with their own token run atop the Ethereum network. However, the vast majority of these still use just one standard, the ERC-20. There are actually many other token standards, each with their own unique characteristics. Some […]
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- Dash Turns 5. With 51% Attack Threats, Will it Reach 6?21 Jan 2019 16:42
Perhaps you heard about the Ethereum Classic ETC 51% attack. For a period of several hours, a team of unknown bad actors bought up more than 51% of ETC network hash power. In this time, they stole more than $1 million in Ethereum Classic tokens, all while spending only an estimated $4,814. How was this […]
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- What is Blockfolio: How Does the Cryptocurrency Portfolio Tracker Stack Up?21 Jan 2019 16:18
Blockfolio is a cryptocurrency portfolio tracking solution available on Android and iOS. The number of altcoins continues to grow and buyers, traders, and hodlers everywhere are finding it increasingly difficult to manage all of their investments. Many coins are spread across different exchanges and smart users are storing their coins offline in hardware wallets like the […]
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- Ethereum Crash Drives Growth of MakerDAO and DAI21 Jan 2019 16:04
MakerDAO, a crypto collateral platform, has revealed that its blockchain network and stablecoin have directly benefited from Ethereum’s extended price crash, which has been ongoing for the past several months and shows little sign of letting up. Like most stablecoins, MakerDAO’s DAI offers crypto holders a reliably-priced investment in the face of this sort of […]
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- ICOs Produce Slow Start to 201921 Jan 2019 15:40
During the first two weeks of 2019, initial coin offerings (ICOs) raised roughly $90 million, according to data published by Icobench. Of the total funds raised this year so far, $80.2 million can be attributed to the Chelle Coin ICO. Also Read: How US Government Shutdown Affects Bitcoin ETF Approval Slow Start to 2019 for Initial […]
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