#Bitcoin

Octogenarian in Line to Grab and Pass the Bitcoin Lightning Network Torch

February 20, 2019 by Tom Nyarunda at Adoption, Bitcoin, Commentary, Development, News

The Bitcoin Lightning Network Torch experiment is an influential movement that was launched on January 19, 2019, by a Bitcoin enthusiast whose twitter handle is Hodlonaut. Those joining the experiment transfer a small amount of BTC using the Lightning Network to supposed trustworthy community members via an email chain letter....

Bitmain Announces BM1397 Chip with 28.6 Percent Improvement in Power Consumption

February 20, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Mining, News

In a blog post published February 18, 2019, the Chinese cryptocurrency mining juggernaut Bitmain announced the launch of their next generation 7nm ASIC chip, named BM1397. The new chip facilitates faster and more economical mining for cryptocurrencies that use the SHA256 algorithm for computation of mathematical problems. Energy Efficient BM1397|...

Bitcoin and Ether Market Update: January 9, 2020

Bitcoin and Ether Market Update: February 20, 2019

February 20, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Price Analysis

The total crypto market cap is up $10.5 billion since February 18 and now sits at ~$133.3 at the time of writing. For the same time period bitcoin (BTC) is up 7.3 percent to $3,900 while ether (ETH) gained 7.5 percent to $141. BTC/USD Bitcoin bulls have been in control...

Man Looking at Dying Bitcoin Plant with a Swiss Flag

The Boom of Swiss Crypto Foundations Has finally Fizzled

February 19, 2019 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Finance, News

Several high-profile scandals and the lack of foresight when it comes to governance have led to the stumble of many Suisse-based cryptocurrency foundations Finews reported on February 18, 2019. Foundations Marked Switzerland's Economic Climate Foundations, while not the backbone of the Swiss economy, have been an inescapable part of the country's...

Japan Could Soon Realise the Crypto-ETF Dream

February 19, 2019 by Alex Lielacher at Bitcoin, Finance, News

Japan is reportedly gathering information about the amount of interest there is among institutional investors for a cryptocurrency ETF which has the potential to lead to the approval of cryptocurrency-based ETFs in Asia's second-largest economy. Ths according to a report from Irish Tech News, February 18, 2019. Do Investors Want...

Recent Crypto Trojans Leave Mac Users on High Alert

February 19, 2019 by Priyeshu Garg at Altcoins, Bitcoin, Crime, News

It seems that Mac users are no longer immune to malware and viruses, as the latest string of crypto trojan attacks has proven that hackers can gain access and take control of Apple computers, The South African reported on February 18, 2019. Cointicker App Installs Backdoors Threatening Mac Security CoinTicker,...

College Grad with Ball and Chain Shackles Holding a Pick Axe

Indonesian Student Nabbed for Illegal Bitcoin Mining with School Computers

February 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Mining, News

Despite the gloomy cryptocurrency market outlook, bad actors are still interested in illegally amassing bitcoin (BTC) and other cryptoassets. In the latest development, a 22-year-old student has been arrested by the Indonesian police for illegally setting up a virtual currency mining operation with college computers, reported The Jakarta Post on...

Man Handing over Bitcoin Wallet Wrapped in Plastic Bag

Canadian Authorities Seize Alleged Drug Dealer’s Bitcoin Holdings

February 19, 2019 by Alex Lielacher at Bitcoin, Crime, News

Canadian authorities have reportedly seized 288 BTC from a suspected drug dealer. Matthew Phan, a university dropout, is lobbying for access to at least half of his bitcoin holdings, claiming that not all of the seized bitcoin was used in illegal activities. This is the first instance where authorities have...

Older Man Looking at Bitcoin on his Phone and JP Morgan JP M Coin Mogul

Bitcoin Remains Stable as First Pension Funds Enter Crypto and JP Morgan Launches Stablecoin: BTCManager’s Week in Review February 18, 2019

February 19, 2019 by Alex Lielacher at Altcoins, Bitcoin, Business, News, News Digest

The two biggest headlines of the week have been investment management firm Morgan Creek receiving pension fund money for its new digital asset fund and JP Morgan launching a blockchain-based stablecoin called JPM Coin. The price of bitcoin remained effectively unchanged around the $3,600 mark versus last week’s close. Morgan...

Nasdaq Set to Debut Bitcoin and Ethereum Indices for Real-time Spot Price Discovery

February 17, 2019 by Osato Avan-Nomayo at Adoption, Altcoins, Bitcoin, Ethereum, Finance, News

On February 11, 2019, Nasdaq, in partnership with New Zealand-based blockchain startup Brave New Coin (BNC), announced the introduction of Bitcoin and Ethereum indices as part of its global index service (GIDS). This move indicates yet another example of the company’s continually increasing presence in the emerging cryptocurrency narrative. Real-time USD...

Digital Currency Group CEO Bullish About Bitcoin but Prophesies Doom for other Cryptocurrencies

February 16, 2019 by Tom Nyarunda at Bitcoin, News

There are currently over 2096 cryptocurrencies listed on CoinMarketCap. The founder, and CEO of DCG, however, has said he believes in Bitcoin and believes it could replace gold someday, saying he is bullish about the premier cryptocurrency. Barry Silbert thinks a majority of those 2096 crypto assets will fail before...

Crypto Adoption May Not Be Mainstream Yet, But Growth is Undeniable

Kaspersky Study Shows Increase in Bitcoin Adoption as Online Buyers Turn to Crypto

February 16, 2019 by Tom Nyarunda at Adoption, Bitcoin, News

Russian cybersecurity titan Kaspersky and Coinmap have conducted a study that proves crypto naysayers wrong. The research shows that Bitcoin adoption has grown 700 percent in the last five years. Strong Desire for Digital Transactions According to the report, the research, dubbed “The Kaspersky Lab Global IT Security Risks Survey”...

CFTC Man Podium Speech Cryptocurrencies Examination Priorities

CFTC Releases Examination Priorities for Cryptocurrency Control

February 15, 2019 by Priyeshu Garg at Altcoins, Bitcoin, News, Regulation

On February 12, 2019, the US Commodity Features Trading Commission (CFTC) released a new set of examination priorities for several departments. One such arm, the Division of Market Oversight (DMO), will be monitoring as well as analysing cryptocurrencies and block trading via surveillance practices. Other divisions will be extremely focused...

Fresh Humiliation for QuadrigaCX: Over $400,000 in Bitcoin “Inadvertently Sent” to Dead CEO’s Wallet

February 14, 2019 by Tom Nyarunda at Bitcoin, Business, Exchange, Finance, News

The conspiracy theory surrounding QuadrigaCX began with the December 9, 2018, death of the exchange’s CEO. Chief Executive Officer (CEO), Gerald Cotton, took the only private keys to the grave, depriving users of $190 million in frozen funds. Since then, an additional $468,675 in bitcoin was accidentally transferred to the...

Bitcoin, Ether, and XRP Weekly Market Update February 14, 2019

February 14, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Finance, News, Price Analysis

The top ten currencies are all in green for the last seven days with the only exception being TRON (TRX). Bitcoin gained 6.2 percent while ether is 18 percent up. The total crypto market cap moved up from $112 billion to $121 billion for the same time period. BTC/USD Bitcoin...

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