Peter Todd argued Google’s latest breakthrough relates to “primitive” quantum tech and likely faces insurmountable costs. A well-known cryptographer has poured cold water on fresh fears that recent advances in quantum computing could endanger Bitcoin (BTC) security. Bitcoin versus Google’s “quantum supremacy” In a Twitter discussion on Sept. 24, ex-Bitcoin Core developer Peter Todd led […]
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The largest cryptocurrency shedding $1,800 provided ample fodder for the gold bug, but his taunts did not go according to plan. Bitcoin (BTC) price is heading to $4,000 after breaking support to trigger a sudden bear market, says one of its most prominent critics. Gold bug pounces on Bitcoin price drop In a tweet on […]
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Binance Coin (BNB) is reeling and is currently at a 6-month low after Bitcoin price suddenly dropped to $8,200. Prior to Litecoin (LTC) kicking off a 200% rally that would spread to Ether (ETH) and Bitcoin (BTC), Binance Coin (BNB) was the shepherd that signaled the altcoin herds to rally forth in what is now […]
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Medici-backed agritech blockchain startup GrainChain plans to unite the coffee industry of Honduras with its platform. Agricultural startup GrainChain backed by Medici Ventures, the blockchain venture arm of online retail giant Overstock, plans to unite the coffee industry of Honduras by delivering its blockchain platform to a network of local stakeholders. The firm has signed […]
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Japan-based cryptocurrency exchange BitFlyer is adding 5 new altcoins to its trading platform in Europe, 3 in the United States. BitFlyer, a Tokyo-based cryptocurrency exchange, is adding 5 new altcoins to its platforms in Europe and the United States. Five new altcoins added in Europe, three in US On Sept. 23, cryptocurrency exchange bitFlyer announced […]
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H&R Block has begun providing consultations on how to properly file cryptocurrency gains and losses on tax returns. United States-based accounting firm H&R Block has begun serving as an intermediary between crypto users and the Internal Revenue Service (IRS) after the agency began sending letters to crypto traders who may have failed to report income […]
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Peer-to-peer payments firm Circle is hitting the pause button on its Circle Research activities in latest of many cutbacks for the company this year. Crypto finance startup Circle announced that it is hitting the pause button on its Circle Research activities. Deciding on a future direction for the program On Sept. 24, the Circle team announced […]
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The United States Congress passed a bill that calls for the director of FinCEN to study blockchain in its fight against financial crime. The United States House of Representatives has passed a bill that calls for the Financial Crimes Enforcement Network (FinCEN) to study blockchain technology in its fight against financial crime. On Sept. 19, […]
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The entire cryptocurrency market is bleeding heavily, with Bitcoin SV showing losses of more than 34%. Altcoins prices are bleeding heavily, with some of the top-20 coins showing losses of more than 34% on the day. Cryptocurrency market daily overview. Source: Coin360 The last few hours have been nothing but pain for the entire crypto market. […]
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Bitcoin is flash crashing all the way down to $8,150, dropping $1,500 in 24 hours. Tuesday Sept. 24 – Bitcoin’s price is retracing rapidly from over $9,800 to $8,150 in less than a day and for the first time in months. Bitcoin 24 hour price chart. Source: Coin360 The Bitcoin price flash crashed hard, dropping close […]
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