News

Lightning Labs has announced they have raised a $10M Series A, saying that the funds will be used to further develop Lightning and scale the developer system. According to Elizabeth Stark, the CEO and co-founder of Lightning Labs, the closing of the funding round was followed by the launch of Lightning Loop, a paid product […]

Despite the efficiency improvements that BTC mining hardware has experienced over the years, Bitcoin’s electricity consumption is on the rise, according to a recent report. Bitcoin’s energy consumption ‘is on par with Czech Republic’ Bitcoin miners are usually described as the backbone of the Bitcoin network. These specialized computers are responsible for solving complex mathematical […]

Binance recently announced the introduction of a new Tezos derivative product. The launch of this financial instrument comes at a time when XTZ broke above a multi-year resistance level signaling higher highs. Tezos derivatives on Binance On Feb. 5, the world’s largest cryptocurrency exchange by trading volume, Binance, revealed that it will be launching a […]

Earlier this week, Yahoo Finance and Investing.com both posted and shared an article that falsely claimed Bitcoin’s price plunged almost 56 percent in a single day. The article has most likely been written by a bot in a bit to drive ad revenue to the website due to the popularity of the topic. Well-known financial […]

The Bitcoin price has climbed by 15 percent in the past two weeks from $8,565 to $9,800. While many attribute the upsurge to the coronavirus outbreak, that argument is far-fetched. Bitcoin was on an upward trend regardless Throughout the past 12 months, the Bitcoin price has not demonstrated a clear inverse correlation with the equities […]

Square, Inc, Pantera Capital, and Digital Currency Group announced a $14 million Series A financing round into Transparent Systems, a Seattle-based startup with similar ambitions to Ripple. This is in addition to the $8 million in seed financing Transparent Systems received from Vulcan Capital in July 2018. Transparent Systems said it wants to compete with […]

The rapid spread of the widely feared Coronavirus has sent shockwaves across the global markets and has even led some crypto analysts to note that investors flocking to safe-haven assets as a result of the virus’s spread has bolstered Bitcoin. One other side effect of the Coronavirus’s spread has been the cancellations or delays of […]

After a year of appeals, a U.S. Court has dismissed a lawsuit against several Bitcoin Cash proponents, including Bitmain, Kraken, Bitcoin.com, and their respective owners and founders. The lawsuit, filed by Florida-based mining company UnitedCorp, alleged that the defendants colluded during the Bitcoin hash wars, which crashed BCH prices and decimated the company’s mining rewards. […]

Bitcoin’s 2020 uptrend has once again extended even further, allowing the cryptocurrency to set fresh year-to-date highs earlier today when BTC rallied to over $9,800 before tapping some strong resistance that halted the rally. Despite the overt bullishness of this movement, it is imperative to note that BTC was rejected at its range highs, signaling […]

The effort to improve communication with the Cardano (ADA) community has revealed the scope of work and research that has gone into the platform. According to Charles Hoskinson, the CEO of IOHK, the fruits of almost five years of labor will see the light of day in the next few months, marking the beginning of […]