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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: Bitcoin Cash

BitPay Transactions Surpassed $1 Billion in 2018

Category: Business, Finance, News, Platform

BitPay Transactions Surpassed $1 Billion in 2018

According to a press release (Jan. 16, 2018), BitPay saw increased growth in 2018 including a 78 percent increase in workforce and a 7 percent decrease in funds lost to error. Success Story BitPay apparently had a very fruitful 2018 despite the bitcoin price slump in the later part of the year. According to a press release, the blockchain payment…

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Challenges Surround GMO Internet’s Cryptocurrency Mining Business

Category: Altcoins, Business, Finance, News

Challenges Surround GMO Internet’s Cryptocurrency Mining Business

The cryptocurrency mining business report from GMO Internet released on January 8, 2019, indicates a slight surge in the number of bitcoins mined, but a decrease in profits because of the plummeting price of bitcoin. GMO revealed it didn’t mine Bitcoin Cash in December and will discontinue publishing mining business report from January 2019. GMO Internet: Waking the Japanese IT…

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Weiss Ratings Releases 7 Cryptocurrency Forecasts for 2019

Category: Altcoins, Bitcoin, Investment, News

Weiss Ratings Releases 7 Cryptocurrency Forecasts for 2019

Weiss Ratings LLC, a financial rating agency made seven cryptocurrency forecasts for the year 2019 (Jan. 3rd) stating that bitcoin will still be used extensively as a store of value and the price of BTC will moon again, more promising projects will arise, and the value of some altcoins will spike significantly. Weiss Ratings Says 2018 Was a Year of…

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Earn Crypto Part 2: Incentivized Social Media

Category: Altcoins, Bitcoin, Bitcoin Travel Guide, Finance, Platform

Earn Crypto Part 2: Incentivized Social Media

In BTCManager’s series titled “Earn Crypto,” readers are being introduced to a wide range of platforms, applications, and ways that they can earn bitcoin and other digital currencies as a member of the cryptocurrency community. In this article, readers will be introduced to incentivized social media networks that enable participants to earn cryptocurrency for contributed content. More specifically, readers will…

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CoinText Enables SMS-Based Cryptocurrency Transactions Expands to the Philippines

Category: Adoption, Altcoins, Bitcoin, Business, Development, News, Platform

CoinText Enables SMS-Based Cryptocurrency Transactions Expands to the Philippines

On January 3, 2018, CoinText.io, a service that provides a service enabling users to send and receive cryptocurrency using text messages, announced it was enabling its Bitcoin Cash (BCH) wallet in the Philippines reported Yahoo Finance. Simplifying the Use of Cryptocurrency CoinText is an innovative service that allows users to send cryptocurrency to mobile phone numbers or any BCH address. Users…

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Bitcoin Mining Firm Bitmain Rumored to Cut 50 Percent of its Staff

Category: Altcoins, Blockchain, Finance, Mining, News, Platform

Bitcoin Mining Firm Bitmain Rumored to Cut 50 Percent of its Staff

According to a report published by Finance Magnets, on December 24, 2018, Bitcoin mining behemoth Bitmain has sacked its entire Copernicus team, which was responsible for the development of the firm’s Bitcoin Cash client. Bitmain to Cut its Workforce by half in the Coming Week Per sources close to the matter, Bitmain has silently laid off its entire Bitcoin Cash…

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BSV Network Is Vulnerable To Double Spending

Category: Altcoins, Blockchain, Business, News, Platform, Tech

BSV Network Is Vulnerable To Double Spending

Bitcoin Cash SV (BSV), a new token that recently emerged from the Bitcoin Cash hard fork on November 15, 2018, is currently vulnerable to double spending. According to an uploaded video on December 8, 2018, Vimeo user Reizu demonstrated that he was able to take advantage of the of the BSV network and spend two coins twice in a “0-confirmation…

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Lawsuit Filed Against Roger Ver, Bitmain, Kraken Over ‘Hijacking Bitcoin Cash Network’

Category: Altcoins, Bitcoin, Blockchain, Finance, News, Platform, Tech

Lawsuit Filed Against Roger Ver, Bitmain, Kraken Over ‘Hijacking Bitcoin Cash Network’

On December 6, 2018, publicly listed American internet services company UnitedCorp filed a lawsuit against Bitcoin Cash proponent Roger Ver, the founder of bitcoin.com, bitcoin mining giant Bitmain and cryptocurrency exchange Kraken for allegedly hijacking Bitcoin Cash network unlawfully for personal benefit. Questionable Action or Not? United American Corp has filed the lawsuit in the US District Court for the…

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GMO Coin Cryptocurrency Exchange Resumes Bitcoin Cash ABC (BCHABC) Trading  

Category: Altcoins, Exchange, Finance, News

GMO Coin Cryptocurrency Exchange Resumes Bitcoin Cash ABC (BCHABC) Trading  

GMO Coin, the digital assets trading venue owned by Japan’s GMO Internet, Inc. has reportedly made it clear that bitcoin cash ABC is its preferred choice among the two versions of the November 15, 2018, hard fork. BCHABC trading was expected to resume on December 4, 2018, according to a Finance Magnates report on December 3, 2018. GMO Coin Resumes…

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Canadian Firm Squire Mining Set to Acquire CoinGeek in $45 Million Deal

Category: Bitcoin, Blockchain, Finance, News, Platform, Tech

Canadian Firm Squire Mining Set to Acquire CoinGeek in $45 Million Deal

According to an article published by Finance Magnets, dated December 3, 2018, Canadian firm Squire Mining is set to purchase CoinGeek, a cryptocurrency news website, and mining pool operator. Acquisition Cost Close to $45.3 Million Based out of Vancouver, Canada, Squire Mine is an ASIC chip designing firm with a total market cap of $35.4 million. The firm’s shares are…

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