Analysts estimate Satoshi mined $10.9 billion worth of Bitcoin to keep the network safe but will these BTC ever be spent? A recent report by blockchain tracking and analytics provider, Whale Alert, revealed that the miner known as Patoshi mined over $10.9 billion or 1,125,150 BTC during Bitcoin’s infancy in order to protect the network […]
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A U.S. bank is offering its customers a 5% bonus for delivering coins to one of its branches while Bitcoin has quadrillions of Satoshis to spare. The U.S. economy is experiencing a shortage of coins. With this in mind, the Community State Bank, or CSB, of Milwaukee is offering a five percent premium to customers […]
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China’s central bank adds a new city to its fintech innovation supervision pilot. The People’s Bank of China has officially added Chengdu, the capital of China’s Sichuan province, to the list of regions carrying out fintech innovation supervision pilots, according to local news on July 20. Industry insiders believe that Chengdu’s official approval will further […]
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eToro users eased up on every cryptocurrency in Q2 2020 with the exception of Tezos, according to the brokerage firm’s latest report. eToro experienced a decline in growth of investor interest in every cryptocurrency except Tezos (XTZ) in the second quarter of 2020. Top 5 cryptocurrencies by the growth in number of eToro users investing […]
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Scammers promise high yields for people who allocate their money in a fake CBDC-related investment scheme. Cities in China will soon begin testing a new Central Bank Digital Currency, or CBDC. Scammers are now taking advantage of this fact by impersonating “CBDC test” groups. According to Tencent QQ, criminals are promoting a scam that asks […]
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An early Bitcoin adopter contends that Adam Back had a beer with Satoshi Nakamoto in London, while Back uncategorically denies it. According to Marshall Hayner, an early Bitcoin (BTC) adopter, Adam Back had a beer with Satoshi Nakamoto in London. “Yeah, I met him once” Metal Pay CEO Marshall Hayner told Cointelegraph a story he […]
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Will DeFi take over centralized finance?: A deep dive into the benefits, advantages, dangers and constraints of both systems. Decentralized finance has become one of the hot topics in crypto this year. Although activity and volume in the DeFi space still lag behind its popularity, this is starting to change as novel protocols become available. […]
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The Ethereum Foundation launched two Ethereum 2.0 attack networks for hackers to break in exchange for a bug bounty. The Ethereum Foundation has launched public “attack networks” for Ethereum 2.0 based on existing stable clients. The networks are designed to give security researchers a sandbox environment where they can try to break Ethereum 2.0’s networks […]
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Most major altcoins have witnessed profit booking as traders become cautious about the future of Bitcoin’s price. Gold continues to trade near its nine-year highs as investors hedge their portfolio against a possible devaluation of the U.S. dollar due to the expansive monetary policy of the Federal Reserve. Bitcoin (BTC), which has long been forecast […]
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Newest version of Russian bill “On Digital Financial Assets” does not criminalize crypto usage, but there is one more bill that might. A new version of Russia’s major draft bill on cryptocurrency regulation does not include criminal offence codes as lawmakers are expected to hold the bill’s second reading tomorrow. According to official records of […]
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