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Tech entrepreneur and former anti-virus tycoon John McAfee has been indicted by the U.S. Department of Justice (DoJ) on money laundering and fraud charges. The United States Attorney for the Southern District of New York…
press release PRESS RELEASE. The Taraxa Foundation, a non-profit body supervising research and development of the Taraxa project, announced a public sale kicking off on March 4 at 6 PM PST. The token sale follows…
Bitcoin and Ethereum are down from their recent 2021 highs, but compared to their traditional market counterparts, have shown more resilience during the recent “royal macro beating.” Here’s why one top economist and investor says…
Bitcoin will fundamentally change the way that investors value companies. Upgrading monetary technologies is a radical paradigm shift that will leave many financial “experts” confused. Our current monetary system, the U.S. dollar, is based entirely…
While bitcoin prices have been coasting along between $46k to $48k during the last three days a number of proponents are still bullish about the crypto asset’s long-term value. On Thursday, Kraken CEO Jesse Powell…
Moonstake, a staking pool protocol platform, today announced a partnership with Escaroo, a keyless blockchain-based peer-to-peer escrow service that offers an advanced smart contract solution for high-profile individual and commercial clients within the real estate,…
Sovryn, a Bitcoin-based DeFi protocol, has announced that the Origin presale of its governance token SOV, has raised the equivalent of 10 million USD at a price of 9736 sats per SOV at current prices.…
As bitcoin prices keep exchanging hands above the $48k handle as of press time, South Korea notices a particular growing trend in a specific profile of crypto investors. A recent study revealed that a new…
Aside from a few rare outliers, over the last several years, owning Bitcoin has been the better investment compared to other cryptocurrencies. Altcoins like Ethereum and others have only recently caught up, and BTC dominance…
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with…
sponsored Galileo Exchange is an innovative ‘hybrid’ trading platform built with elements of a crypto exchange, a DeFi project, and a gaming platform. It combines these essential elements to bring trustworthiness, innovation, value and entertainment.…
On Friday, the incorporated and publicly listed business intelligence (BI) firm, Microstrategy announced the company has acquired an additional $10 million in bitcoin. The company’s CEO Michael Saylor revealed the latest purchase on Twitter with…
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero…
Bitcoin prices extended losses on Friday as the US dollar gained alongside the long-term Treasury yields. Downside pressure on cryptocurrency remains amid expectations of modest job growth in the US. The technical support offered by…
After a few harrowing moments last week, the price of Bitcoin seems to have stabilized, at least, for now. Indeed, Bitcoin sank as low as $43K on Sunday, February 28th, before making a recovery above…
After a few harrowing moments last week, the price of Bitcoin seems to have stabilized–at least, for now. Indeed, Bitcoin sank as low as $43K on Sunday, February 28th, before making a recovery above $46K…
Cardano (ADA/USD) bounces off a critical support trendline during the Asia-Pacific trading session Friday. The blockchain asset expects to close above key moving average waves on the prospect of turning into a multi-asset chain following…
press release PRESS RELEASE. IOST has announced it is now at the final development stage for building a cross-chain transfer bridge to the Polkadot Ecosystem. The move is part of IOST’s plans to promote its…
University of California, Berkeley and Parity Technologies are joining forces on several blockchain fronts, including educational development and awareness, by leveraging Parity’s expert team and the Substrate framework as knowledge-building resources. UC Berkeley Blockchain Xcelerator…
The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state,…
U.S. crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global. Paypal Ventures, Coinbase Ventures, and others including Bill Ackman, Ryan Smith,…
Ethereum failed to stay above $1,600 and it even traded below $1,500 against the US Dollar. ETH price is showing bearish signs and it could continue to move down towards $1,400. Ethereum started a fresh…
Satoshi Nakamoto, the creator of Bitcoin, has always been a mysterious character and a great number of sleuths have made it their mission to discover the inventor’s identity. One particular theory was published this month…
Bitcoin price failed to stay above $50,000 and $49,000 against the US Dollar. BTC is now below the 100 hourly SMA and it is likely to continue lower towards $45,000 Bitcoin started a fresh decline…
Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, now regrets not buying bitcoin. However, he is still worried that governments can outlaw bitcoin if it becomes a viable currency.…
Bitcoin price is taking its time consolidating around $50,000 but could be preparing for the next major leg up to around $77,000 per coin, according to what one trader calls a “cheat sheet” to the…
Billionaire investor and Shark Tank star Mark Cuban, once a bitcoin skeptic who preferred bananas to the cryptocurrency, now sees utility in bitcoin. He has made a case that bitcoin is better than gold, telling…
Crypto merchant service provider Bitpay has added dogecoin to its list of supported cryptocurrencies. One of its merchants, the Mark Cuban-owned Dallas Mavericks has become the first in the network to accept the meme coin.…
Bitcoin is currently struggling to reclaim $50,000, but one chief Bloomberg analyst says that the cryptocurrency could be ready to “march” toward $100,000 per coin in the near term. Here’s the data the senior commodity…
The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country’s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter.…
Original artwork crafted by the pseudonymous England-based street artist and political activist Banksy has been burned in order to turn the art into a non-fungible token (NFT). The screenprint was one of only 500 made…
Less than a month after US carmaker Tesla revealed its $1.5bn Bitcoin holdings, one of the company’s most vocal bullish investors announced that he had sold 1.8 million of its shares for clients. Ron Baron,…
Top-selling non-fungible token (NFT) artist Bosslogic has partnered with art collective Ethernity to deliver a 2500 piece collection of unique art. The Ethernity Chain community members can take part in an NFT auction via an…
Bitcoin dropped during Asia-Pacific and European trade Thursday as rising bond yields prompted concerns that central banks may begin tightening monetary policies sooner-than-expected. The benchmark cryptocurrency fell up to 3.59 percent to $48,562, extending its…
According to reports, Grayscale added 174,000 tokens to its litecoin holdings in the past month. This haul pushed its total holdings of the altcoin to 1.44 million. Following this acquisition, which represents 80% of all…
In the summer of 2019, our newsdesk published a step-by-step guide on how to create a non-fungible token (NFT) asset by leveraging the Simple Ledger Protocol built on top of the Bitcoin Cash blockchain. The…
press release PRESS RELEASE. Pastel Network, the first truly decentralized and scalable blockchain project designed specifically for rare digital art, has officially announced its pending listing on Bitcoin.com Exchange, scheduled for March 5th, 2021. Pastel…
Ethereum traded to a new monthly high at $1,655 before correcting lower against the US Dollar. ETH price is struggling to stay above $1,600, but it is likely to remain stable as long as above…
Bitcoin price extended its rise and cleared the $50,000 resistance against the US Dollar. BTC is now consolidating gains and it is likely to climb further above $52,000. Bitcoin is trading in a positive zone…
Banks in Germany are reportedly turning customer deposits away due to the negative interest rate imposed on them by the European Central Bank (ECB). Some banks are even offering online tools to help customers take…
Mark Cuban hasn’t always been the biggest fan of Bitcoin, Ethereum, and other cryptocurrencies, but he’s recently come around as other Shark Tank investors have. Surprisingly, though, Cuban has come to the defense of the…
The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some…
Enjin, the co-creator of the ERC-1155 token standard, today announced it is launching two scaling solutions to remove gas and support fungible and non-fungible tokens (NFTs) from any blockchain: JumpNet, launching on April 6th, and…
The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts…
Bitcoin price is back above $50,000 after a short-lived correction in the range below the key level. However, since the cryptocurrency has reclaimed the halfway point to $100K, open interest has skyrocketed. The sudden sharp…
Citigroup says bitcoin is at a tipping point and the cryptocurrency could become “the currency of choice for international trade.” The firm wrote in a report that “we could be at the start of massive…
Gary Gensler, President Joe Biden’s pick to lead the U.S. Securities and Exchange Commission (SEC), has revealed his policies on bitcoin and other cryptocurrencies if confirmed as the SEC chairman. Gensler is a professor at…
According to the findings of a joint Arcane Research and Bistamp study, bitcoin’s unique characteristics, which include it being “the most portable asset”, are the likely contributing factors behind the increasing use of the crypto…
Key Bitcoin Takeaways Bitcoin prices jumps back above $52,000 and pushes higher. The gains appear as bond sell-off cools down after a week of turbulence. Greg Waisman, the co-founder of crypto wallet service Mercuryo, suggests…
Polkadot’s DOT corrected lower from $42.00, but it remained stable above $30.00 against the US Dollar. It is now rising and it seems like the bulls are eyeing a fresh increase to $40.00 and $42.00.…
press release PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of OMI Tokens (OMI) under the trading pair of OMI/USDT on March…
Ethereum struggled to clear the $1,600 resistance and corrected lower against the US Dollar. ETH price is likely to remain stable above $1,450 and it could again climb towards $1,600. Ethereum corrected lower from $1,600…
Bitcoin price recovered above $48,000, but it failed near $50,000 against the US Dollar. BTC is now holding gains above $47,000 and it is likely to make another attempt to surpass $50,000. Bitcoin is consolidating…
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially…
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company’s…
Bitcoin has barely flinched in the face of the dollar’s best attempt at a rebound in over a year. The greenback is trying to stage a comeback against the top cryptocurrency, which has left the…
Christian sits down with Parker Lewis of Unchained Capital to discuss several key topics in Bitcoin. Listen To This Episode: This week for the "Bitcoin Magazine Podcast," host Christian Keroles sat down with Parker Lewis…
Wolfram Blockchain Labs (WBL) and Tezos are forging a full integration of Tezos into Wolfram Language and Wolframalpha. The integration gives easy access to developers that want to interact with the Tezos blockchain and their…
press release PRESS RELEASE. xSigma, a decentralized exchange for stablecoin swaps, has successfully launched on the Ethereum network on February 24, 2021. The integrated DEX and liquidity mining platform xSigma, which is backed by a…
Bitcoin Optech was founded in 2018 to bridge the worlds of open-source development and companies. You have probably heard the news about the Central Bank of Nigeria (CBN) imposing a ban on financial services for…
The bitcoin price is rising. In January 2021, Bloomberg Analyst Mike McGlone predicted that the price of bitcoin would hit $50,000 at some point this year. At the time, the value of the leading crypto…
On March 2, 2021, the average fee on the Ethereum network costs around 0.0083 ETH in gas or around $12.89 per transaction. Transaction fees of this caliber have dampened Ethereum-based decentralized finance (defi) applications and…
Ethereum has had an incredible year thus far, breaking its former all-time high on its USD pair and soaring well above it. However, on its Bitcoin trading pair, the altcoin has struggled to get anywhere…
Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption…
Ten years ago, Bitcoin emerged as the first cryptocurrency. It brought with it the promise to resolve some of the major challenges that come with regular fiat currencies like the US dollar (USD) and Chinese…
Source This week, CNBC published a headline that recently-appointed U.S. Secretary of the Treasury Janet “Yellen sounds warning about extremely inefficient bitcoin.” Ironically, two days later CNBC published another article because the Federal Reserve's systems…
Listen To This Episode: For this episode of the "Bitcoin Magazine Podcast," host Christian Keroles sat down with Bitcoin developer and economist James O’Beirne. O'Beirne is a Bitcoin Core developer with very unique experiences across…
In recent days and weeks, U.S. Treasury Secretary Janet Yellen has been raising the alarm about what she perceives to be a rising “misuse” of cryptocurrencies, which she argues are used mainly “for illicit financing”…
Contents Who Created the Lightning Network? What Are Sats? How Do Lightning Network Fees Work? How To Set Up A Lightning Network Node What Are Lightning Network Wallets? How Do I Set Up a Lightning…
Contents Should I Buy Or Mine Bitcoin? How To Buy Bitcoin In The United States Other Ways To Buy Bitcoin How To Sell Bitcoin In The United States How Do I Send And Receive Bitcoin?…
Contents “Proof of Work” “The Lottery” What Is the Mining Reward? What Is Bitcoin Mining Difficulty? What are Bitcoin Miners? Bitcoin Mining Hardware Bitcoin Mining Pools Cloud Mining How To Mine Bitcoin Bitcoin Mining Software…
People who run Lightning Network nodes can charge fees to process transactions through their Lightning channels, thus earning small amounts of BTC. For instance, depending on network activity, a single Lightning node could route $10,000…
The easiest way to set up and run a Lightning Network node is with an out-of-the-box solution. The majority of full Bitcoin node products also run Lightning clients and they have condensed all of the…
“Sats,” which is shorthand for “satoshis” is a term used for the smallest possible denomination of BTC: 0.00000001 BTC, or 1 one-hundred-millionth of a bitcoin. The unit is named for the pseudonymous creator of Bitcoin,…
The Lightning Network is a network of payment channels. A payment channel is perhaps best understood as a complex type of multisignature address for which two users hold a private key; the funds in the…
Know Your Customer (KYC) guidelines are requirements that compel financial services providers to make an effort to identify their customers. Fulfilling KYC requirements often includes gathering personal information about these customers by asking them to…
Tax season can be confusing enough with complicated rules about what types of income are taxable and which are not; what can be written off and what can’t; and which assets need to be listed…
Questions about the value of bitcoin as an investment will likely differ depending on who you ask. Those with a vision of a fully-distributed future in which the lack of a centralized overseer becomes key…
In the digital age, the ideal brand new currency should have at least these three characteristics: It should be free from the control of any authority so that it cannot be manipulated and printed at…
Storing bitcoin in a safe location has its challenges. This is because bitcoins aren’t physically “stored” anywhere. As a purely digital entity, it is not as if they are held in bank vaults or stuffed…
Bitcoin mixers are solutions (software or services) that let users mix their coins with other users, in order to preserve their privacy. While Bitcoin addresses are “pseudonymous” — meaning, they don’t, in themselves, reveal the…
If you are thinking through the process of accruing bitcoins, you may be wondering where to keep them once you’ve done so. After investing time and resources into the digital asset, can you be sure…
Atomic swaps are a peer-to-peer, trustless method of exchanging coins on different blockchains. In essence, atomic swaps allow you to exchange, for example, bitcoin with litecoin, while avoiding the need to trust an exchange or…
SegWit is short for Segregated Witness. It was perhaps the biggest Bitcoin protocol upgrade to date, which wrapped several improvements and fixes into one. Further Reading: What Is Bitcoin? What Are the Benefits of SegWit?…
Bitcoin depends on a distributed ledger system known as the blockchain. The blockchain is possibly the most powerful innovation associated with Bitcoin, as countless industries from financial services to healthcare have begun contemplating how to…
The ongoing debate about whether or not Bitcoin can scale sufficiently on its path to mass adoption has led many people to question if it will ever reach that point at all. The Bitcoin protocol’s…
A Bitcoin Improvement Proposal (BIP) is a standard for proposing changes to the Bitcoin protocol, or in some cases a source for information for the Bitcoin community. Additionally, some BIPs are proposed changes to the…
Bitcoins can be obtained in numerous ways, each of which are entirely different from one another. It is important to note that bitcoins are incredibly easy to send. As a result, they take the form…
Bitcoin is not entirely anonymous. In reality, it is pseudonymous because each user has a public address that theoretically could be traced back to an IP address or exchange account (and by proxy, an actual…
Bitcoin transactions are designed to be publicly searchable, programmatically confirmed by miners and immutable once embedded on the blockchain. BTC transactions contain three pieces of essential data: the amount being transacted, an input (the addresses…
The word “fork” is somewhat confusing because there are different kinds of “forks” that can mean very different things. Codebase Fork A codebase fork is a copy of the code of a software implementation. A…
The Bitcoin block size limit is a parameter in the Bitcoin protocol that limits the size of Bitcoin blocks, and, therefore, the number of transactions that can be confirmed on the network approximately every 10…
The Halvening (sometimes referred to as “the halving”) is the moment when Bitcoin’s block subsidy gets cut in half. The halving of Bitcoin’s block subsidy occurs every 210,000 blocks (roughly every 4 years) and is…
Thanks to their user-friendliness and availability, Bitcoin exchanges are the most popular method to acquire BTC. Buying BTC on an exchange is a relatively simple and user-friendly way to acquire bitcoin in any amount and…
If you’ve acquired some bitcoin, it’s possible you may find yourself wanting to sell. This may be due to a personal change in your financial situation, a desire to get some BTC in the hands…
Bitcoin mining pools are decentralized groups organized and operated by third parties to coordinate hash power from miners around the world and then share any resulting bitcoin in proportion to the hashpower contributed to the…
Bitcoin mining hardware, also known as mining rigs, are computing devices made specifically to “guess” the correct bitcoin block hash as quickly and with as little power as possible. While the earliest Bitcoin mining was…
For the most part, yes, bitcoin mining is most likely legal in your jurisdiction. However, there are some places around the world where possession and use of bitcoin are illegal and bitcoin mining is illegal…
Bitcoin mining is a central process to the entire network that validates transactions, secures the blockchain and uncovers new bitcoin. In brief, bitcoin mining requires miners to contribute computing power in exchange for the chance…
If you want to buy BTC in Europe, there are four primary ways you can do so: Through bitcoin exchanges like Kraken, Coinbase Pro and Bitstamp; Through decentralized (or peer-to-peer) exchanges, which offers users more…