Category: Commentary

Bitcoin developer Peter Todd has finally praised the implementation of the long-awaited second layer scaling solution, the Lightning Network. Todd’s recent experience with the scaling solution saw him take to Twitter on April 21, 2018, when he attempted to make a payment via Bitrefill over the Lightning Network but was not successful. In the subsequent attempt with Acinq, however, the…

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Gary Gensler, former CFTC chairperson and one of the top financial regulators in the Obama administration talked about the fast evolving realm of cryptocurrencies during his recent speech at the Massachusetts Institute of Technology on April 23, 2018. Ethics And Governance “I don’t think it’s any longer a question of ‘if,’ but it’s a question of ‘when.’’ ICOs and other…

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Crypto-friendly Iceland witnessed its first massive virtual currency related theft back in December and January when bitcoin mining equipment worth millions of dollars were stolen from data centers in the country. Now, all hopes of recovering the stolen machines may be shattered as the number one suspect has vanished from police custody. No Evidence In what was termed the “Big…

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There seems to be no end in sight in the struggle for supremacy between Bitcoin and Bitcoin Cash. The price of bitcoin cash has steadily been on the increase over the past few days, and some critics have ascribed this increase to an underhanded form of “tokenomics.” Antpool Burns BCH for the Community Source: CoinGecko Antpool, one of the biggest…

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Daniel Masters, JPMorgan alumni who’s now the CEO of digital investment bank CoinShares, is a longtime bitcoin bull who predicts the cryptocurrency market will soar to new heights. ‘Trench Warfare’ Between Big Banks and Crypto Upstarts Masters told Bloomberg that even if only five percent of the “total financial ecosystem accrues to cryptocurrencies [that] market will still be much bigger…

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British TV star Martin Lewis is suing social media giant Facebook. He claims that online scammers are using his reputation in more than 50 fake get-rich-quick schemes. Outrage and Delays Although Lewis reported the fake ads, he’s outraged that Facebook has taken days and in some cases weeks to remove them. Lewis also notes that even if the original ad…

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Following a recent move by Coinbase, the most popular bitcoin exchange in the US, WikiLeaks’ account will be discontinued without notice as announced on April 21. In a tweet from the WikiLeaks shop’s official account on April 21, 2018, it was announced that the bitcoin exchange, Coinbase, had to discontinue the payment processing services without any prior notice or genuine…

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In this guest post, Ben Rodriguez and ‘thatmanontheright’ from the Vertcoin team outline their views on the Monero hard fork and the importance of ASIC resistance. Recently, there has been a lot of attention on ASICs and ASIC resistance. With the advent of ASICs for the Ethereum network, some coins pledged to be ASIC resistant through and through. Bitmain is…

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E-commerce leader Amazon has recently won a patent which grants them the authority to set up a streaming data marketplace, allowing the users to view cryptocurrency transactions in real time. Subsidiary Wins Patent Granted to a subsidiary – Amazon Technologies – of the e-commerce and cloud computing giant, the patent details a system where individuals and organizations are allowed to…

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Bitcoin, the world’s largest cryptocurrency by market cap, was brought into the world by a person/s with the moniker ‘Satoshi Nakamoto,’ a Japanese name. Yet, it still has to be proved if bitcoin is really of Japanese origin. Nonetheless, this may be a reason why Japan has a soft corner for Bitcoin – or maybe just a hint of patriotism….

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