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The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its planned “new global currency” despite having lost a quarter of its backers, including Stripe, Visa, PayPal, and Mastercard. Speaking on Bloomberg Television Tuesday, David Marcus assured that Libra intends to recruit new members to replace those that said […]

BitMEX Research, the research arm of Bitcoin derivatives giant BitMEX, has published a tweet thread encapsulating the most prominent court rulings and accusations of fraud leveled at Craig Wright, days before the controversial figure is scheduled to address a tech conference speaking as Satoshi Nakamoto. Wright, who has for years contentiously claimed to be the […]

Fintech company Ivno announced that it has successfully completed the world’s first global token trial on R3’s Corda. Hosted on Microsoft Azure, the trial saw 28 organizations, including Cobalt, DBS Bank, Raiffeisen Bank International, Itaú Unibanco, and the National Bank of Canada, create $18 billion worth denominated “Trial Tokens” and transfer them in the Ivno […]

Scammers impersonating high-profile figures in the crypto industry have been rampant on Twitter for years but recently began migrating to Instagram as well. Litecoin founder Charlie Lee has been battling with an impersonator on Instagram for months, while Gemini founder Cameron Winklevoss barely managed to shut down a similar scam on the platform. Crypto scams […]

Bitcoin is nearing $1 billion in total, all-time transaction fees and $15 billion in all-time miner revenue, according to Coin Metrics’ latest State of the Network report. As of Oct. 13, $996,458,718 in transaction fees have been paid on the Bitcoin network, the report noted. BTC fees now make up significantly less of total miner […]

People interested in Bitcoin represent less than 1 percent of the world’s population, and are most likely to be males under 34 years old holding university degrees, data from Facebook Audience Insights suggests. Only 20-25 million of Facebook’s roughly 2.5 billion users qualify as being interested in “Bitcoin,” approximately 0.3 percent of the global population. […]

The volume of bitcoin on BitMEX dropped to a seven-month low on Oct. 12 (Saturday), to below $900 million for the first time since March. On Mar. 31, on a Sunday, the daily volume of bitcoin dropped to $405 million when the bitcoin price was ranging in between $4,000 to $4,200. Since then, up until […]

Electrum, one of the most popular Bitcoin wallets, announced that its next release will support Lightning payments. The company said that it had written its own lightning node implementation and merged it with Electrum’s master branch, but did not provide an ETA for the new upgrade. Lightning finally coming to Electrum A hugely popular Bitcoin […]

Following three weeks of stagnation, technical analysts anticipate the bitcoin price to see large volatility in the short term as it looks to test important levels. Cryptocurrency trader Josh Rager said: “With three weeks of sideways and the Bollinger Bands starting to pinch, Bitcoin price could see some volatility soon Good news is that the […]

Analysis of LocalBitcoins data shows that Bitcoin has exceptionally high rates of usage in countries with low economic freedom, supporting the argument that BTC is sound, unstoppable money. Understanding LocalBitcoins Established in 2012, LocalBitcoins is the world’s most popular and longest-standing peer-to-peer Bitcoin exchange. The service facilitates cash-to-BTC trades in 249 countries with a global […]