The competition is heating up when it comes to tokenizing Bitcoin on the Ethereum blockchain. The launch of tBTC is very interesting to behold, especially for those seeking active exposure to decentralized finance. Most people are aware of wBTC, or Wrapped Bitcoin. tBTC has Launched on the Ethereum Blockchain It […]
Crypto
The Chinese Government Stresses the Important of Blockchain Technology
It is a well-known fact that the Chinese government wants to fully embrace blockchain technology. The timeline for doing so ha snot been moved up, yet all participants are urged to meet the deadline as soon as possible. China is preparing to enter the digital age by transforming processes all […]
Ethereum has More Bitcoin Locked up Through wBTC Compared to Bitcoin’s LN
There is an ongoing issuance of wrapped BTC – or wBTC – on the Ethereum blockchain. It appears that this token is in very high demand, as the recent issuance of Wrapped Bitcoin has a higher USD value compared to the entire Lightning Network. Issuing Bitcoin on the Ethereum blockchain […]
Despite Rumors, Eth 2.0 Will not Launch in July of 2020
There appears to be some confusion among Ethereum developers and enthusiasts. Recent comments by Vitalik Buterin indicate that Eth 2.0 will launch in July, although that may not be a feasible timeline. Enthusiasts have been waiting for the launch of Eth 2.0 for some time now. There’s Still no Eth […]
Bitcoin Miners Start to leave Mining Pools After the Halving
As was somewhat to be expected, the recent block reward halving has an impact on the Bitcoin miners. All major pools are losing hashrate rapidly, although it is expected that things will return to normal fairly soon. When the Bitcoin block reward halved, profitability of mining operations took a hit. […]
New Bitcoin Hashrate All-time High Confirms Dominance Over BCH and BSV
Even though the network recently went through a block reward halving, the Bitcoin hashrate is still pretty high. In fact, it has reached a new all-time high just yesterday, further confirming that the network is pretty healthy. Many people expected the Bitcoin halving to have many different consequences. Bitcoin’s Hashrate […]
Nearly Everyone Flocks to Ethereum to Issue Crypto Tokens
When it comes to issuing new tokens on any blockchain, there are ample options waiting to be explored. Unsurprisingly, it would appear that Ethereum remains the market leader by quite a landslide, as every other chain is quickly losing traction. There are many options one can explore to create a […]
Michael Terpin Takes SIM Hacker to Court for $71 Million
In the world of Bitcoin and other crypto assets, theft and hacks are rather common. Michael Terpin fell victim to such theft a few years ago, yet it now seems that the investigation is reaching a new milestone. Most Bitcoin enthusiasts will be familiar with Michael Terpin. The Michael Terpin […]
Litecoin Maintains a Higher SegWit Adoption Rate Compared to Bitcoin
There are many different cryptocurrency networks that have integrated Segregated Witness technology over the years. Litecoin, while often overlooked by traders and investors, still boasts a much higher SegWit adoption rate compared to Bitcoin. It is always interesting to see how different crypto networks shape up compared to one another. […]
Bitmain Aides get Into a Fistfight Over the Company’s License
Most Bitcoin enthusiasts will be familiar with the company known as Bitmain. Behind the scenes of that mining hardware manufacturer, things are heading in a very interesting direction all of a sudden. It seems as if Bitmain is falling apart at the seams. The Bitmain Power Struggle is far From […]
Dutch Crypto Firms Need to Register With the Central Bank
Various governments around the world are looking for ways to actively regulate the cryptocurrency industry. In The Netherlands, a new proposal may spell the end for a few cryptocurrency service providers. It is pertinent to regulate crypto firms in a way that still allows them to thrive. Dutch Crypto Firms […]
Smart Contracts on IOTA Start Taking Shape
Smart contracts are all of the hype in the blockchain industry today. IOTA is set to receive such functionality in the very near future, as progress continues to be made. Most blockchain ecosystems can benefit from smart contracts. Smart Contracts Will Come to IOTA Soon It enhances the native functions […]
Over 70% of all Bitcoin Mining Happens With Renewable Energy
Bitcoin mining is widely considered to be harmful for our planet’s ecosystem. A new report by Coin Shares tells a different tale, as most of the mining efforts hinge on renewable energy sources. Bitcoin mining operators always seek out cheap electricity rates. Renewable Energy is Crucial for Bitcoin Mining The […]
Will Handles Lead to Broader Cryptocurrency Adoption?
Despite being around for over a decade, using cryptocurrencies remains a complex procedure for most people on this planet. One potential solution comes in the form of using official Handles, although privacy advocates don’t favor that approach by any means. Sending or receiving cryptocurrency payments is not straightforward for most […]
Can NFC Chips Help Secure Proof-of-Work Systems?
The mining of cryptocurrencies is often considered to be a wasteful effort. That being said, there is an option to maintain Proof-of-Work by utilizing NFC chips found in modern passports. Securing a blockchain often requires some sort of “work” to be done. Proof-of-Work With NFC Chips? In the Bitcoin world, […]
Just 10 Ethereum Addresses Control 17% of the ETH Supply
When looking at the distribution of cryptocurrencies, there will always be so-called “whale accounts”. In the case of Ethereum, those accounts hold a significant amount of funds, yet there doesn’t appear to be any cause for concern. An independent audit of the top 10,000 Ethereum wallet addresses by balance has […]
Venezuela’s Petro Is Trading at Just 15% of its “Stable Value”
Many people outside of Venezuela still don’t take the Petro cryptocurrency all that seriously. Even local residents are getting annoyed, according to one Reddit user. There have always been many questions regarding Venezuela’s Petro cryptocurrency. The Imminent Collapse of Venezuela’s Petro? Initially, it was said to be valued at $60. […]
Pro Crypto SEC Commissioner Predicts Increased Demand For Crypto Investment
Hester Pierce, a pro-crypto SEC commissioner, who is often referred to as “crypto mom” in the crypto community, recently predicted that there would be increased demand for crypto by investors. The SEC commissioner claims that investors will turn to crypto in a bid to diversify their investment portfolios. For a […]