Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. As reported by the Iranian […]
Continue ReadingExchange and cryptocurrency price aggregator CoinMarketCap is introducing new measures to combat fake volumes as part of a continuous iterative approach. CoinMarketCap has announced a new, iterative approach to provide credible exchange rankings following extensive community feedback and criticism. As part of an announcement made on May 13, the cryptocurrency price aggregator is set to […]
Continue ReadingNow that the Bitcoin block reward has been halved, BTC’s hash rate and transaction fees are feeling the impact. Things haven’t quite been the same since the Bitcoin (BTC) halving. A substantial number of miners have pulled the plug on their equipment due to the halved reward. Consequently, transaction fees are now considerably higher, the […]
Continue ReadingExchange reserves hit an 18-month bottom while miners keep selling despite lower revenues after the halving. Bitcoin (BTC) is failing to retake $10,000 due to a fresh wave of miner selling, fresh data suggests ten days after the halving. Compiled by monitoring resource CryptoQuant, the figures show that over the past five days, combined outflows […]
Continue ReadingThe drop-off in Bitcoin mining revenue to 2019 levels show a macro bottom for BTC is near as the impact of the halving is starting to be felt. The revenue of Bitcoin (BTC) miners dropped to early 2019 levels for the second time in 2020. Every time it declined to a multi-year low, it marked […]
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Jean-Jacques Quisquater, a legendary cryptographer cited in the Bitcoin Whitepaper, discussed building the first blockchain. In an exclusive interview with Cointelegraph, renowned cryptographer Jean-Jacques Quisquater discusses building the internet’s first blockchain in the 1990s and being cited in the Bitcoin Whitepaper. In 1989, Quisquater began working on transitioning media from analog to digital systems for […]
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Fran Finney has confirmed that recent transactions from a 2009 Bitcoin wallet were not her husband’s coins. Recent Bitcoin (BTC) transactions sent from an 11-year-old wallet were not those of famed computer scientist Hal Finney, as confirmed by Finney’s wife Fran. “Very odd,” Fran Finney told Cointelegraph when questioned on the recent transactions sent from […]
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Someone just moved Bitcoin from a wallet that has not been active for over 11 years, but Adam Back does not think it was Satoshi Nakamoto. Cryptographer and inventor of Hashcash, Adam Back, does not think recent transactions from the 11-year-old wallet involve pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto. “People need to chill,” Back said in a […]
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Bitcoin’s founder, Satoshi Nakamoto, may have just moved his coins as an 11-year-old address moved the entirety of its funds to an untraceable chain. A Bitcoin (BTC) address that collected 50 BTC from a mining reward has just shown the first sign of activity since February 2009 — just one month after the creation of […]
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Private blockchains that have been specifically designed for enterprise use could be highly desirable targets for hackers’ attacks. When blockchain technology was first brought to the public’s attention, it was lauded on many fronts as “unhackable.” While there are many benefits to blockchain worth noting already, we probably still haven’t seen what its ultimate potential […]
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