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Strong Evidence Suggests a Single Entity Mined More Than 1 Million Bitcoin

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Strong Evidence Shows a Single Miner Mined More Than a Million Bitcoin

On April 16, RSK Labs chief scientist Sergio Demián Lerner published a new research study concerning the earliest blocks mined on the Bitcoin network. The report concerning one of Bitcoin’s earliest miners provides strong evidence to suggest that a single miner processed 22,000 blocks. Additionally, Lerner has released a new website called Satoshi Blocks that aims to help crypto enthusiasts visualize mining during the protocol’s earliest days.

Also read: Are You Ready for What Happens If Satoshi’s Coins Move?  Read more...

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Grayscale Rebalances Its Large Cap Fund: More Litecoin (LTC), Less XRP (XRP)

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Grayscale Investments, a digital asset management firm founded by Digital Currency Group, announced Friday that it has completed its quarterly review to update the weightings of its Digital Large Cap Fund (DLC). 3/ Although no new assets qualified for inclusion following DLC’S Quarterly Review (3/31/19), the below table highlights how DLC’s weightings have changed from […]
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Microsoft’s Bing Blocked More Than 5 Million Crypto Ads in 2018

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Last week, Microsoft (MSFT) published its 2018 Bing ad quality year in review, where it detailed the previous year’s data and efforts to improve the search engine’s advertising products. In the report, Microsoft revealed that it suspended nearly 200,000 accounts from the Bing Ads platform, doubling the number from 2017. Additionally, 900 million bad ads […]
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Yahoo Finance Bumps Cardano Creator for More Lyft IPO Coverage

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Charles Hoskinson, the co-creator of both Cardano (ADA) and Ethereum (ETH), had a humbling Friday in New York City. The journeyman traveler, who commonly documents his trips around the world on social media, was all set to go live for an interview with Yahoo Finance, as part of a larger NYC media tour. However, Hoskinson […]
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These Cryptocurrency Data Sites Aim to Be More Accurate Than Coinmarketcap

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These Cryptocurrency Data Services Aim to Be More Accurate Than Coinmarketcap

The true size of the cryptocurrency market may be as little as 5 percent of its officially reported total. Coinmarketcap (CMC), the leading market data website, has been accused of unquestioningly publishing crypto exchange figures, despite compelling evidence of manipulation by many trading venues including a glut of Asian platforms. Now, a number of market data websites have ramped up pressure on exchanges to provide accurate figures.

Also read: Cryptojobs Is a Platform With 1,300 Vacancies in the Cryptocurrency Industry  Read more...

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Japan Approves 2 New Crypto Exchanges – 140 More Interested

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Japan Approves 2 New Crypto Exchanges - 140 More Interested

Japan’s top financial regulator has shared with news.Bitcoin.com some stats pertaining to cryptocurrency exchange registrations. Out of 23 new applications the regulator has received, two have been approved so far. In addition, there are over 140 more companies interested in entering the market.

Also read: Indian Supreme Court Set to Hear Crypto Case on March 29

Over 140 Companies Interested, 2 Approved so Far

The Japanese Financial Services Agency (FSA) approved the applications for two new cryptocurrency exchanges this week — one from Rakuten Wallet Co. Ltd. and the other from Decurret Co. Ltd.  Read more...

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Mineable Cryptocurrencies Are Far More Valuable Than Non-Mineable Coins

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There are 2,121 digital currencies tracked on market websites with a net valuation of around $ 140 billion. Statistics for the end of Q1 2019 show mineable digital assets to be the most valuable cryptocurrencies on the market today, with the top eight mineable coins representing 68 percent of the entire cryptoconomy.

Also read: Bitcoin and the Agora: Every Transaction Outside the Nexus of State Control Is a Victory  Read more...

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Crypto Town Hall Meetings Grow to 8 Indian Cities for More to Voice Regulatory Ideas

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Crypto Town Hall Meetings Grow to 8 Indian Cities for More to Voice Regulatory Ideas

The number of open town hall meetings for the Indian crypto community to voice regulatory suggestions has grown from four cities to eight. The organizer of the meetings has shared details with news.Bitcoin.com. Meetings will be hosted in four new cities in April and the best suggestions for crypto regulation will be submitted to the government, the organizer has explained.

Also read: Indian Supreme Court Set to Hear Crypto Case on March 29  Read more...

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Epic Games Drops More Details on the $100 Million Fortnite World Cup

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Earlier today, Epic Games released the full details for the upcoming Fortnite World Cup, which will feature a ridiculous $ 100,000,000 prize pool this year. This is your road to the Fortnite World Cup! Get all the details here: https://t.co/HM5iubonLq pic.twitter.com/Wi3uxUqGGQ — Fortnite (@FortniteGame) March 25, 2019 As we previously reported, the road to the World […]
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Tippin.me Takes Off at Lightning Speed With More Than 14,000 New Users

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Tippin.jpg

As the new Lightning network (LN) protocol continues to take the Crypto-Twitterverse by storm, it’s taking at least one new app with it, as the tipping and micropayment app Tippin.me catches on like wildfire. Founder Sergio Abril told Bitcoin Magazine he is “overwhelmed” by the interest and support he is receiving from around the world.

Struck by the potential success of the new Lightning network protocol, Abril created Tippin.me three months ago as a way to enable Lightning micropayments without a user having to set up an LN node.  Read more...

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Kaspersky: Bitcoin Needs Less Government Control and More Collaboration

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Kaspersky Calls for Less Government Control of Bitcoin and More Collaboration

Russian cybersecurity expert Eugene Kaspersky has said cryptocurrencies can be a success, but only if governments stop trying to control them or alternatively when all countries unite under a single global government. However, the billionaire does not believe Bitcoin will replace the existing financial system despite the currency’s “great” qualities.

Also read: Startup Company Sets Up Bitcoin ATM in Botswana

‘Government of the Earth’

Speaking to the Dubai-based magazine Arabian Business, Kaspersky opined that cryptocurrencies are ahead of their time. “Cryptocurrencies are a great idea, but the world is not ready for them yet,” said Kaspersky, chief executive officer of IT security company Kaspersky Labs.  Read more...

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Maduro’s Petro Becomes More Accessible, but Scrutinized by Venezuelans

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Maduro's Petro Becomes More Accessible, but Scrutinized by Venezuelans

For a while now people were skeptical about the Petro network and questioned whether or not it even existed. Many Venezuelan citizens explained over the last few months that they hadn’t seen the new asset being used in the wild. However, recent reports detail that there are a few new methods available for residents who want to obtain the Venezuelan government issued cryptocurrency.

Also read: Bitcoin Whales Have Accumulated Thousands of Coins in the Last 2 Months  Read more...

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43% of Millennial Traders Trust Crypto Exchanges More Than Stock Exchanges

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A recent nationwide survey of 1,000 online traders from the conducted by eToro U.S., a social investment platform, found that 43% of Millennial traders trust cryptocurrency exchanges more than the U.S. stock exchanges. “We’re seeing the beginning of a generational shift in trust from traditional stock exchanges to crypto exchanges,” Guy Hirsch, the managing director of eToro […]
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Survey: Nearly Half of Millennial Traders Have More Faith in Crypto Than Stock Market

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Survey: Nearly Half of Millennial Traders Have More Faith in Crypto Than Stock Market due to 'Generational Shift'

Nearly half of millennial traders have more faith in cryptocurrency exchanges than they do in traditional ones. They are also enthusiastic about the prospect of traditional financial institutions offering crypto assets. That’s according to a new survey which shows a “generational shift” where millennials “place their faith in the power of technology and open networks.” 

Also read: Drug Dealer Fights to Prevent Canadian Police From Forfeiting his BTC  Read more...

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Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

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Bitmain Announces New 7nm Bitcoin Mining Chip With 28.6% More Efficiency

On Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to Bitmain, the mining chip, called the BM1397, is more efficient when mining proof of work (PoW) coins and the new chips will be installed in the latest Antminer series of devices.

Also Read: Orca Pool Mining Operation Aims to Defend Altcoins and Forks From Attacks  Read more...

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More Than 30% of BTC Traffic Stems from the Veriblock Project

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More Than 30% of BTC Traffic Stems from the Veriblock Project

Over the last few weeks, a blockchain project called Veriblock whose protocol piggybacks off the Bitcoin Core (BTC) network has sparked debate. More than a quarter of BTC’s transaction numbers stem from the Veriblock system and the project has been criticized for using the blockchain in this manner.

Also Read: Orca Pool Mining Operation Aims to Defend Altcoins and Forks From Attacks  Read more...

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Dow Jones Sess Stunning 10% Recovery, But This One Key Factor Could Fuel Even More Growth

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Since January 3, within a one-month span, the Dow Jones Industrial Average has recovered from 22,682 points to 25,102 points, by more than 10 percent. It has been a stunning 30 days for the Dow Jones, which was at risk of entering a bear market after falling by 19 percent from its all-time high. The short-term recovery of the Dow was mainly attributed to the Federal Reserve rate, which is expected to remain stable in the range of 2.25 percent to 2.5 percent. But, another key factor may have largely affected the sentiment around the U.S. stock market throughout the  Read more...

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