Blockstream’s Liquid sidechain suffered a security incident where 870 BTC were briefly available to the company’s emergency recovery multisig contract. A malfunction in Blockstream’s Liquid bridge for Bitcoin (BTC) resulted in a Blockstream-owned 2-of-3 multisig contract briefly controlling over 870 BTC, worth $8 million. This was discovered on June 26 by James Prestwich, founder of […]
Continue Reading
New service from Bitcoin.com lets users send Bitcoin Cash to anyone with an email — something Roger Ver believes this is no longer feasible with Bitcoin. Bitcoin.com introduced a new service that allows users to send any amount of Bitcoin Cash (BCH) via email. Roger Ver: not possible with Bitcoin Bitcoin.com founder Roger Ver told […]
Continue Reading
Schiff, Rogers and Mark Cuban will end up “going all in” on Bitcoin, Keiser claims, while calling John McAfee the “king of scammers.” Bitcoin (BTC) skeptics such as Peter Schiff and Mark Cuban will all buy “huge” amounts of the cryptocurrency, Max Keiser promises. In a tweet on June 26, the famously outspoken RT host […]
Continue Reading
The price of Bitcoin is likely to head to the $7,000s. But, it may be the last dip below $10,000 for BTC, says one on-chain data analyst. The price of Bitcoin (BTC) is consolidating below $9,200, which has acted as a key support level since late May. According to Cole Garner, if BTC breaks down […]
Continue Reading
The coronavirus outbreak may become the reason for the dramatic technological shift that will define the era. If you’re familiar with medieval history, you’ll know that the plague epidemic eventually led to the liberalization of European politics and, ultimately, to the Renaissance. After the Black Death killed more than 20 million people — over a […]
Continue Reading
LocalBitcoins claims that darknet-related transactions on the platforum dropped 70% after it adopted AML and KYC regulations in September 2019. LocalBitcoins, a major peer-to-peer (P2P) cryptocurrency exchange, has purportedly managed to significantly cut the amount of criminal funds on its platform in 2020. The P2P platform has seen a decline of over 70% in transactions […]
Continue Reading
A classic Fibonacci retracement could land BTC/USD at $6,300 or lower and still not disturb the long-term trend. Bitcoin (BTC) could crash to $6,000 and still remain bullish, one trader claimed on June 26 as the largest cryptocurrency tested $9,000 support. In a Twitter analysis, the popular trader known as SteveCrypt0 offered an alternative to […]
Continue Reading
China’s Yunnan Province has developed the country’s first blockchain-based public resource bidding platform. China’s Yunnan province city of Kunming has completed the development and internal testing of the country’s first completely blockchain-based public resource bidding platform. Public resource bidding is a method utilized by governments to allocate large resources to private and public sector companies […]
Continue Reading
Wirecard’s subsidiary that is responsible for issuing debit cards has been suspended as the company can no longer access customer funds. Wirecard’s subsidiary responsible for issuing debit cards, Wirecard Card Solutions Ltd., has been suspended by the United Kingdom’s Financial Conduct Authority, or FCA. According to a statement issued on June 26 by the regulator, […]
Continue Reading
After seeing an abject failure of traditional financial models, people might turn to decentralized peer-to-peer technology with crypto as the future. Plenty of injustice plagues our communities. For instance, in our world, the unbanked and underbanked don’t have easy access to financial knowledge. All too often, that is reserved for people with wealth and opportunity. […]
Continue Reading