News

Over the past few weeks, Jared Tate, the founder of popular blockchain network DigiByte and its native DGB cryptocurrency, has been waging a Twitter war against one individual: Justin Sun, founder of Tron, the blockchain behind currently twelfth-largest cryptocurrency TRX. Tate’s quips started off relatively mild, calling Sun a “crook,” though, on the afternoon of […]

Bitcoin has had a crazy day, with the bloody battle between bulls and bears resulting in a chair-shaped pattern, with BTC surging from its key support level within the lower-$7,000 to highs of $7,800 before fully retracing back to its support levels. This volatility has confirmed that Bitcoin is still firmly caught in a downtrend, […]

In terms of how long it maintained its $100 billion valuation, Bitcoin has outperformed every tech company that existed, claims Balaji Srinivasan. The former Coinbase CTO said that the biggest unicorn of the 2010s wasn’t any of the usual picks such as Uber, Airbnb, or Snapchat, but rather the world’s first decentralized cryptocurrency. Bitcoin’s performance […]

Bakkt’s intention to provide a pure non-leveraged Bitcoin futures product seems to have evaporated — both of the firm’s futures contracts are traded on margin, as pointed out by Alex Kruger: “Myth: Bakkt futures fully backed by bitcoin. Reality: Bakkt futures 37% backed by dollars or treasuries.” More than a year ago Bakkt CEO Kelly […]

A true measure of an entrepreneur’s dedication to his project isn’t the hours he puts in or the sacrifices he makes, but his willingness to have the logo of his company forever embedded on his arm. The founder and CEO of one of the largest cryptocurrency exchanges in the world, Changpeng Zhao, certainly thinks so. […]

The Litecoin Foundation has announced the creation of a dedicated fund to support the ongoing development of privacy features for Litecoin and is calling for community members to donate. On Tuesday, the Singapore-based non-profit said on LitecoinTalk the fund will finance the efforts of David Burkett, the Grin developer currently working to bring confidential transactions to […]

Crypto conglomerate Circle warned all U.S.-based Poloniex customers to withdraw their assets before Dec. 16. Users who fail to withdraw their assets before the deadline could lose access to their account, have their assets traded to USDC or be charged service fees. Poloniex and Circle part ways at the expense of their users Circle, a […]

Virgil Griffith, the head of Ethereum’s special projects division, will be released from jail after his bond is posted, his legal representative said. Griffith was arrested last week for participating in a conference in North Korea, where he allegedly taught the audience how to leverage blockchain technology to evade sanctions. Ethereum developer accused of aiding […]

Kelly Loeffler, the CEO of Bakkt, is set to be appointed as the new U.S. senator of Georgia. According to CBS News, a source familiar with the plan confirmed the news, saying the decision would become effective on Jan. 1, 2020. While it’s still unclear who would succeed Loeffler as the head of Bakkt, her […]

With the benefits of ‘going cashless’ repeated endlessly in the media and Fintech circles there seems to be an assumption that just by making digital financial services available, cash automatically becomes obsolete. The reality on the ground is that digital services are not replacing cash, but instead, cash is a necessity for digital services to […]