News

A cryptic message broadcasted over the Blockstream satellite revealed a treasure hunt for a $1 million in bitcoin prize. The message challenges readers to find Satoshi’s Treasure, a series of challenges—of increasing difficulty—requiring feats of strength, travel, and certain subject expertise. The broadcast began: “If you are reading this, something has led you to search […]

International Monetary Fund (IMF) chairperson Christine Lagarde stated cryptocurrency and other “disruptors” are “shaking up” the incumbent financial industry, with potentially double-sided effects. Now more than ever, authorities need to keep an eye on these disruptive technologies so stability in the global banking system will not be affected, said Lagarde. Incumbents Versus Disruptors Lagarde made the comments […]

Charles Hoskinson, the CEO of Cardano and one of the co-founders of Ethereum, provided some context to Cardano’s plans for the future ahead of the company’s Apr. 17th IOHK Summit in Miami. His latest interview revealed the company’s target markets and how Cardano will enter them. Personality Cults Won’t Solve the Governance Crisis in the […]

According to research conducted by Binance, data suggests bitcoin and altcoins have hit their bottom, potentially signaling the beginning of the next bull cycle. The Binance report ‘Investigating Cryptoasset Cycles” examined crypto market price trends going as far back as 2014 to arrive at its conclusions. The report posits that since the crypto market has just emerged […]

Binance released an official statement informing users of the imminent removal of Bitcoin SV (BSV) from the exchange’s list of traded cryptocurrencies. The action follows Craig Wright and Calvin Ayre, the proponents behind BSV, issuing legal notices to those denouncing Wright as a fraud—and not Satoshi Nakamoto. The Delisting Process According to the statement from Binance, all […]

Craig Wright continued his campaign of serving legal threats to those claiming he is a fraud. Today, legal notices were served to Ethereum creator Vitalik Buterin and popular podcaster Peter McCormack. Craig Wright is an Australian computer scientist who claims, in the face of widespread skepticism, that he is Bitcoin creator Satoshi Nakamoto. Recently, Wright […]

The long-awaited EOS user agreement was signed by 21 of the network’s 30 Block Producers following months of negotiation and debate following referendum gridlock. The new document replaces the much-criticised EOS interim constitution as the network’s governing document. Under the terms of the new EUA, Block Producers will continue to hold a dominant role in network […]

According to Litecoin.com and the data published by BitInfoCharts, the hash rate of Litecoin (LTC) achieved a new all-time high on April 8 at 359 terahash. The rapid increase in the hash rate of the Litecoin blockchain network, which represents computing power that protects and secures the protocol, comes amidst the demonstration of a strong […]

Exchanges are eager to increase their trading volume. Higher volume results in more liquidity, which attracts more traders and ultimately results in higher revenue.  Although many in the industry have pointed out the flaws in these metrics, there is evidence that some exchanges are structured to encourage wash trading. Attracting New Traders A handful of […]

Tether, the largest stablecoin by market capitalization, has issued over $300 million in USDT during the last week. The sudden increase in supply has resulted in accusations that Tether is, once again, engaging in market manipulation and that its stablecoin is still unbacked by dollar reserves. How Tether Impacts Bitcoin Tether and closely-connected exchange Bitfinex […]