The average block size suddenly jumped from around 1 megabyte to over 3 megabytes — by far the highest average in Bitcoin’s history. Blockchain validation platform VeriBlock produced almost 25% of on-chain Bitcoin (BTC) transactions in 24 hours July 14, the company confirmed on social media. VeriBlock, which uses its own ‘Proof-of-Proof’ protocol to validate […]
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Draft legislation that would allegedly impose a ban using cryptocurrencies in India is being circulated by local blockchain legal experts on social media. Draft legislation that would allegedly impose a ban on the use of cryptocurrencies in India is being circulated by local blockchain legal experts on social media. An unverified document published to Scribd […]
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Bitcoin Lightning Network nodes have claimed 2.2 BTC in “justice transactions” to deter potential thieves since Dec. 2017, according to BitMEX Research. Bitcoin (BTC) Lightning Network nodes have claimed 2.2 BTC in “justice transactions” to deter potential thieves, a BitMex Research analysis revealed on July 15. A so-dubbed “justice transaction” is a punitive mechanism involving […]
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A proposed “Keep Big Tech Out Of Finance Act” is reportedly being circulated by House Democrats to prevent big tech firms such as Facebook from issuing crypto. A proposed bill to fine major tech firms such as Facebook $1 million per day if they issue cryptocurrencies is being circulated by Democrats, Reuters reports on July […]
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BTC price fell to just $9,912 as traders warned a close below $10,580 could spell the start of a longer bearish downturn. Bitcoin price (BTC) traded above $10,000 July 15 after a weekend of heavy losses spelled disaster for cryptocurrencies across the board. Market visualization courtesy of Coin360 Data from Coin360 showed BTC/USD holding onto […]
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Even if he crushed exchanges, making Bitcoin illegal would likely see rejection by lawmakers. United States president Donald Trump would cause a Bitcoin (BTC) price crash if he banned it, but the law would likely prevent him, economist and trader Alex Krueger concluded on Twitter July 15. Trump, who announced his distaste for cryptocurrency in […]
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Trump tells the world what he thinks of Bitcoin, Facebook vows to cooperate with Congress on Libra, and an angry mob descends on Tron’s office in Beijing. Top Stories This Week Trump tweets opposition to crypto, specifically Libra and Bitcoin Shrinking violet Donald Trump doesn’t often share his views, so it was refreshing to see […]
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Japanese cryptocurrency exchange Bitpoint has reportedly discovered some of its funds that were stolen in a hack last week. Japanese cryptocurrency exchange Bitpoint has discovered over 250 million yen ($2.3 million) in cryptocurrency — part of a $32 million sum that was stolen last week, local English language daily The Mainichi reports on July 14. […]
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An Oxford scholar, Supreme Court Justice’s clerk and an international financial regulator: Meet the new CFTC Chairman… July 15 will mark the first day in the office for the United States Commodity Futures Trading Commission’s (CFTC) new chairman, Heath Tarbert. As the crypto community is bidding farewell to the regulator’s outgoing head, J. Christopher Giancarlo, […]
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Crypto payments startup Pundi X announced the integration of its crypto payments system into a VeriFone Point of Sale device. Cryptocurrency payments startup Pundi X announced that it has integrated its crypto payments system into a device made by American Point of Sale (POS) systems producer VeriFone in a press release July 12. Per the […]
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