DeFi
Analysis
Bitcoin Mining for Retailers Unprofitable, Bitmain Shifts Focus to Manufacturing Business
Rising costs and low profits push Bitmain to highlight manufacturing strength amid IPO preparations.
Exchanges
Bitfinex Slams Insolvency Allegations, Reveals Part of Bitcoin (BTC), Ether (ETH), and EOS Holdings
Cryptocurrency exchange Bitfinex addressed allegations and controversies propagated against its platform in recent times via a detailed Medium post on Oct. 7, 2018. Bitfinex…
Adoption
Dubai to Launch State-Issued Stablecoin, Partners with Pundi X for Distributing PoS Terminals
Dubai’s credit agency announced an official partnership with cryptocurrency-payments provider Pundi X on Oct. 8, according to an official release. Pundi X Brings State-Backed…
Regulation
Privacy-Centric DApps Face Crisis After Australia Proposes Anti-Privacy Bill
A proposed bill in the Australia parliament is stifling the citizens’ right to privacy. The bill calls for a software “backdoor” to encrypted data…
Price Watch
Ethereum (ETH) Transaction Fees Now Below One Cent
On Oct. 6, Ethereum transactions reached a daily average of 600,000 as network fees and ETH prices decreased. Just last month, the network saw…
Adoption
The Cryptocurrency Tradeoff: How Decentralization, Privacy, and Throughput are Crypto’s Major Pain Points
Ten years after the launch of Bitcoin in 2008, the world is yet to witness the widespread adoption of cryptocurrencies as an accepted form…
Technology
Android-Powered Bitcoin Full Nodes Arrive Sooner, ABCore Alpha Pre-Released on GitHub
An Alpha Proof Of Concept v0.68 for the long-awaited Android Bitcoin Core (ABCore) was pre-released on Oct. 2, 2018. The project was initially conceived…
Adoption
Malta’s Rise to Crypto Prominence, E.U. Proximity Helps Island-State Lead Blockchain Revolution
Malta is emerging as a prominent force in the world of cryptocurrencies. The European island-state has surprised many this year with its continual positioning…
Hacks
Fraudsters Steal $50,000 in BTC from Melbourne Bitcoin ATM
Fraudsters posing as debt collectors convinced four victims to deposit over $50,000 into a Bitcoin ATM in Australia’s southern county of Victoria, reported Sydney…
Hacks
U.S. Court Alleges Russia Used Bitcoin to Fund Illegal Activities
A U.S. Justice Department indictment against seven Russian officers on Oct. 5, 2018, revealed the country allegedly used Bitcoin to fund illegal interests in…
Adoption
Cryptocurrency Index Fund Bitwise Adds $22 Billion Money Manager to Advisory Team
U.S. index fund company Bitwise Asset Management added Ric Edelman, a financial advisor, and best-selling author, to its advisory team on Oct. 3, as…
Regulation
South Korean Lawmakers Call out Country’s Delay in Regulating Token Issuances and Cryptocurrencies
Pointing out the government’s delay in regulating initial coin offerings (ICOs) since a year, South Korean lawmakers called for swift regulatory action in a…