News

In Craig Wright’s latest marketing attempt, Bitcoin SV will increase its block size cap from 128MB to 2GB. The upgrade will make BSV less secure, more centralized, and more costly for infrastructure providers to maintain. Craig Wright—who has been deemed a fraud by a large portion of the crypto community for claiming to be Bitcoin […]

Bakkt, an Atlanta-based subsidiary of the Intercontinental Exchange (ICE), an American firm that owns the New York Stock Exchange, will begin user acceptance testing for its Bitcoin futures contracts on July 22, 2019. As mentioned in a blog post published by Adam White, the Chief Operating Officer at Bakkt, the company’s Bitcoin futures will be […]

The research arm of Binance, the world’s largest crypto exchange by trading volume, has published a report that analyzes the results of a survey completed by institutional digital asset investors. According to the report, Binance surveyed over 100 institutional and VIP clients. Survey results cannot be generalized due to the small sample size The Binance team mentioned […]

Crypto compliance and investigation provider Chainalysis has become the only blockchain company to make Forbes’ next billion-dollar startups list of 2019, joining the ranks of tech giants—Patreon and Duolingo. Its efforts to tackle crime in the crypto industry and build tools to enable easy regulatory compliance have made it one of the most promising companies […]

We interviewed Tim Coulter, the founder and CEO of Truffle, an Ethereum development environment, testing framework, and asset pipeline. On August 2nd, at the Microsoft Campus outside of Seattle, the company will host its second annual TruffleCon, an event dedicated to ETH developers. Before blockchain, Coulter built a career specializing in software testing and developer support, […]

Congressman Brad Sherman, a vocal critic of the crypto industry, again called for a complete ban on cryptocurrencies. Sherman said Bitcoin had no real use other than to fund illicit activities and warned about the risks cryptocurrencies pose to the political and financial stability in the U.S., he said in an interview with Bloomberg. Cryptocurrencies […]

The Commodities and Futures Trading Commission (CFTC) has started an investigation into BitMEX, the largest margin trading platform in the crypto market, according to a Bloomberg report. BitMEX, along with other major margin trading platforms, have not allowed U.S. customers to trade derivatives on the platform to avoid scrutiny from U.S. regulators. The unexpected move […]

The total amount of Wrapped Bitcoin (WBTC) locked in the Kyber Network had almost tripled in a single day, DeFi Pulse reported. The sudden increase in WBTC reserves could have been a reaction to the news that the DeFi protocol Compound has added WBTC to its offerings. WBTC sees its activity triple on the Kyber […]

A court in Hangzhou, China, upheld Bitcoin’s status as “virtual property.” The ruling reaffirms that Bitcoin is legal to own in China and indicates to holders that they will be protected by the country’s legal system in disputes. The first case of Bitcoin property infringement was resolved in the Hangzhou Digital Court, as first reported […]

In a historic moment in Congress, pro-cryptocurrency representatives warned the House of Representatives of the “unstoppable” power of Bitcoin, calling for the United States to clarify regulations and seize the lead in blockchain innovation. Meanwhile, Facebook’s Libra continued to face relentless opposition. David Marcus made his second appearance on Capitol Hill this week to testify […]