News

China’s central planning agency announced plans to ban Bitcoin mining and is currently soliciting comments before it makes its final determination. Mining and cryptocurrency experts have mixed opinions on how the move will impact the security and price of BTC. China Dominates Cryptocurrency Mining China is the world’s largest manufacturer of Bitcoin ASICs and specialized […]

Justin Sun, the founder and CEO of blockchain DApp platform Tron, revealed the company’s plans for the Sun Network, Tron’s second layer scalability solution. The network’s testnet will reportedly launch in the second half of May and will improve the Tron network’s transaction capacity and overall scalability. Sun Announces Sun Network’s May Launch Date Tron, […]

Facebook is looking for VC firms to invest in its cryptocurrency project for sums as large as $1 billion, according to NY Times reporter Nathaniel Popper. The company is allegedly designing its crypto as a stablecoin for WhatsApp using a basket of foreign currencies as collateral. Since 2018 Facebook has been covertly working on a cryptocurrency […]

The servers of Electrum, a popular Bitcoin wallet, were under heavy denial-of-service (DoS) attacks Sunday night; The total amount stolen could be in the “millions of dollars” so far. The company advised its users to limit the use of the platform until the issue is resolved, but provided little information on the investigation that’s underway. […]

On Monday, Apr. 8, San Francisco-based cryptocurrency exchange Coinbase announced the addition of EOS (EOS), Maker (MKR), and Augur (REP) to its professional trading platform, Coinbase Pro. Coinbase Pro’s New Additions EOS (EOS): EOS is a blockchain protocol that enables horizontal scaling of decentralized applications, allowing developers to efficiently create high performance distributed applications. Maker (MKR): […]

Kraken, a popular cryptocurrency exchange based in the US, is facing a lawsuit from former employee Jonathan Silverman. The former trading desk manager alleges the exchange failed to pay him promised commissions and is demanding $900,000 in compensation for the $19 million in profits its trading desk generated during his tenure at the company. Former Employee […]

The average number of Bitcoin transactions per block reached an all-time high of over 2,700 transactions on Mar. 29. These figures have not been seen since the peak of the cryptocurrency market in December of 2017. Average Bitcoin transactions per block represent how many transactions are included in each 1 MB block (with a functional […]

Coinme’s recent partnership with Coinstar has the potential to bring about the “mass adoption of bitcoin.” BTC will be available within 5 miles of 90 percent of Americans, via cash-enabled kiosk, when all Coinstar machines support the feature. These kiosks are generating over 315 million impressions a week with transaction volumes growing 17 percent week-over-week, […]

The first quarter of 2019 has brought much-needed optimism into the crypto industry, with data showing the first Q1 increase since 2017. While bitcoin broke through the $5,000 mark, the world’s largest cryptocurrency wasn’t the biggest gainer on the market, as ETH, LTC, and BCH all showed significant growth. Meanwhile, XRP has underperformed. Cryptocurrency Markets […]

Brendan Blumer, one of the executives behind EOS, criticized Bitcoin’s slow transaction times, low transactions per second, and high costs per transaction (when inflation is considered). Brendan Blumer, the 32-year-old CEO of Block.one—a Cayman Islands-registered firm that developed EOS, one of the largest platforms for building and deploying decentralized applications (dApps)—called Bitcoin “fundamentally transformative” in […]