Tag Archives: News

Stablecoin Wars: Crypto Merchant Service BitPay Lists Paxos Standard

Advertisement Twitter Facebook LinkedIn BitPay today expanded its stable of stablecoin offerings for merchant settlement to include the new Paxos Standard, the most heavily traded of the recently-launched group of “regulated stablecoins.” As CCN reported in October, BitPay has already added support for Circle’s USD Coin and Gemini’s GUSD. It has apparently decided not to support USDT —… Read More »

Roubini and Vays Continue to Spar Amid Cryptocurrency Carnage

Nouriel Roubini recently predicted that Bitcoin would drop to zero. Amid Monday’s drop in price, Roubini and Tone Vays predictably continue to feud. On November 16th, Bitcoinist reported on NYU professor Nouriel Roubini’s Twitter proclamation in which he said, “I could gloat about Bitcoin collapsing 10% in a day to $5700. But that is still some way to… Read More »

Crypto Exchanges Begin to Disregard Bitcoin Cash SV After Block Reorg

Advertisement Twitter Facebook LinkedIn Bitcoin Cash SV, the hard forked chain of Bitcoin Cash created by a camp composed of CoinGeek, Calvin Ayre, and Craig Steven Wright, suffered a block reorganization. However, as reported by Bitcoin Unlimited chief scientist Peter Rizun, CoinGeek allegedly reorganized its own blocks. Emin Gun Sirer, a professor at the prestigious Cornell University, stated… Read More »

Binance Invests $3 Million in US Crypto Trading Desk

Advertisement Twitter Facebook LinkedIn Big news came from Binance this week, as their venture wing announced a significant investment in US over-the-counter (OTC) crypto trading desk Koi Trading. Binance and Koi Trading In a press release yesterday, Binance Labs revealed that it had made a $3 million investment into Koi Trading, a small sum for the world’s largest cryptocurrency exchange, but a… Read More »

Bitcoin Cash Continues to Fall as Investors Shun Hard Fork Controversy

Bitcoin Cash (BCH), Cryptocurrency, Hard Forks–Hash wars. Hard forks. Satoshi’s legacy. The list of complications and headaches for the industry of cryptocurrency continues to mount for the fourth largest cryptocurrency. Since breaking off from Bitcoin Core (BTC) in August 2017, BCH has been on the instigating end of a number of controversies. In December 2017, the coin became… Read More »

Crypto Market Crash Takes Pressure off Us: UK Regulators

Advertisement Twitter Facebook LinkedIn Britain’s financial regulatory body has had some pressure taken off its shoulders as the downturn in the value of bitcoin and other digital assets signaled a reduction in the threat cryptos could pose to the British financial system, per a Reuters report. Last year, the world witnessed a crypto explosion, as digital assets like… Read More »

Top 5 Richest Bitcoin Addresses Belong to Exchanges

The richest Bitcoin addresses are owned by cryptocurrency exchanges. Collectively, these addresses hold less than 3.5 percent of all bitcoins. Richest Bitcoin Addresses Hold $3.1 Billion Not surprisingly, the top 5 wealthiest Bitcoin addresses belong to cryptocurrency exchanges. All of them hold a total of 592,943 BTC, which is currently worth around $3,150 billion. This accounts for roughly… Read More »

Microsoft Knocks out IBM for Enterprise Blockchain Crown: Report

Advertisement Twitter Facebook LinkedIn Microsoft’s Blockchain-as-a-Service (Baas) platform has taken the top spot in a ranking compiled by market foresight advisory firm ABI Research. Per the report , Microsoft managed to beat competitors in the ranking owing to the advantage it has on the actual implementation front where a wide range of platform services are offered. It also… Read More »

Bitcoin Cash SV’s ‘Blockchain Reorg’ Likely an Accidental Split, Not an Attack

Bitcoin Cash “Satoshi’s Vision” – otherwise called Bitcoin SV – suffered a block reorganization Monday by which transactions on two different blocks were overwritten. Though it is possible these two blocks may have been maliciously overwritten by outside attackers, the most likely explanation for the temporary block reorg was due to an overload in transaction activity caused by a… Read More »

Bitcoin Price Claws Back to $4,500 But Further Losses May Lie Ahead

Advertisement Twitter Facebook LinkedIn The bitcoin price on Tuesday nursed extensive losses of over 12 percent against the US dollar, stabbing through $5,000 as it did. BTC/USD Intraday Analysis The BTC/USD index is currently trading at the 4513-fiat price level after a minor jump from its intraday low at 4035-fiat. The knee-jerk reaction after a massive sell-off does not… Read More »