The mid-day cryptocurrency market update uses data from Messari’s OnChainFX — all market movers are based on the top small, mid and large-cap cryptocurrencies. More about the methodology can be found here. Market Update: Total Market Cap: $ 249.6 billion (-0.2%) Bitcoin Dominance: 55.7% (-2.8%) Top-15 Cryptocurrencies: Best Performers: Worst Performers: More: Binance Now Allows Investors […]
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Bitcoin History Part 13: The First Mining Pool
The notion that anyone could solo mine bitcoin – on a CPU no less – seems positively quaint today. But in 2010, this method wasn’t just possible – it was the norm. With an exponentially lower hashrate, less competition and a 50 bitcoin block reward, there was enough pie for everyone to get a bite. But some miners didn’t just want a bite – they wanted a whole slice, and to achieve that, they decided to join forces and pool their hashpower. And thus “cooperative mining” was born.
Also read: Bitcoin History Part 12: When No One Wanted Your BTC
Bitcoin History Part 12: When No One Wanted Your BTC
Today, bitcoin is so precious that its hodlers are prone to locking their keys away inside nuclear bunkers, bank vaults, and military grade hardware wallets. But things weren’t always that way. Back in the early days, bitcoin was deemed so undesirable that you would have struggled to give it away, while exchanging it for fiat currency was out of the question.
Also read: Bitcoin History Part 11: The First Major Loss of Coins
Blockchain State of Affairs in Europe: Part Three
This is the final part of a three-part series of articles about the state of blockchain in Europe. The series covers the blockchain scene in some of the most important European nations. I would like to thank PR firm Wachsman for sharing with me the facts & figures and the commentaries present in…
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Blockchain State of Affairs in Europe: Part Two
This is part two of a three-part series of articles about the state of blockchain/distributed ledger technology (DLT) in Europe. The series covers the blockchain scene in some of the most important European nations. I would like to thank PR firm Wachsman for sharing with me the facts & figures a…
The post Blockchain State of Affairs in Europe: Part Two appeared first on CoinReport.
Blockchain State of Affairs in Europe: Part One
This is part one of a three-part series of articles about the state of blockchain in Europe. The series covers the blockchain scene in some of the most important European nations. I would like to thank PR firm Wachsman for sharing with me their compilation of the facts and figures and collection of …
The post Blockchain State of Affairs in Europe: Part One appeared first on CoinReport.
Bitcoin History Part 11: The First Major Loss of Coins
Since the very start, people have lost bitcoins due to human error. Mislaid wallets, forgotten passwords, broken hard drives, hacks, and scams have conspired to remove over 20% of all BTC from circulation by some estimates. The dubious accolade for the first major bitcoin loss goes to forum member Stone Man, who, on August 10, 2010, managed to permanently erase his access to almost 9,000 BTC.
Blizzard Decides to Crowdfund Part of This Season’s WoW Esports Prizes
Blizzard (ATVI) has published the details of the upcoming 2019 competitive season for World of Warcraft, revealing that it is relying on fans to help fund both the 2019 Arena World Championship (AWC) and the rebranded Mythic Dungeon International (MDI). WoW Esports are back for 2019 and bigger than ever! We’ve got additions to both of our major programs, the AWC […]
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Bitcoin History Part 7: The First Major Hack
Hacks and heists have been a threat for as long as bitcoin has been worth stealing. By 2011, as Bitcoin was easing into its second year of life and its first bubble, early cryptocurrency exchanges were bringing liquidity and price discovery to the nascent ecosystem. At the same time, they were providing an outlet for thieves to offload stolen coins, which they proceeded to do by the thousands.
Also read: Bitcoin History Part 6: The First Bitcoin Exchange
Bitcoin History Part 6: The First Bitcoin Exchange
Aside from mining, the only way to obtain bitcoin in the very early days was by trading it on forums or IRC. This arrangement relied on the other party fulfilling their side of the deal, since there were few escrow services back then. Bitcoin didn’t have to wait long for a dedicated exchange to spring up, thankfully, with the first cryptocurrency exchange going live in March 2010.
Bitcoin’s Tech Trends of 2018: What This Year Brought Us (Part 2)
This is the second part of our December cover story. Click here for part 1.
Where 2017’s dizzying price highs embedded “hodl” into the public consciousness, 2018 was the year that “buidl” became a trend in the crypto-industry — and Bitcoin was no exception.
Anticipated in Bitcoin Magazine’s first cover story of the year, Bitcoin’s technological progress only accelerated in 2018. Improving Bitcoin from around the world, developers and entrepreneurs furthered Segregated Witness adoption, rolled out the Lightning Network, released privacy solutions, realized sidechains and made progress on a Schnorr signature solution — all of which were still around the corner only a year ago.
Bitcoin History Part 5: A Wild Altcoin Appears
It’s hard to imagine a time before cryptocurrency exchanges were stocked with hundreds of digital assets. A time before the pejorative “shitcoin” had been coined and there was no such metric as bitcoin dominance. But travel back to late 2010 and that’s exactly what you’d have found: a cryptosphere in which BTC was the only coin in town. But all that was about to change.
Also read: Bitcoin History Part 4: Casascius Creates Physical Bitcoins
Bitcoin History Part 4: Casascius Creates Physical Bitcoins
Bitcoin was born as a wholly digital currency, and it might have remained that way had it not been for the efforts of an early adopter from Utah. His name was Mike Caldwell, but on the Bitcointalk forum, he was better known as Casascius. The physical bitcoin creator took a digital phenomenon and converted it into physical matter. For the first time in history, bitcoins were tactile.
Bitcoin History Part 3: Turning on the Faucet
With no exchanges, P2P marketplaces, or escrow services in Bitcoin’s earliest days, acquiring coins wasn’t easy. You either mined them or begged someone on the Bitcointalk forum to sell to you OTC. Then, along came a developer called Gavin Andresen who created a faucet that allowed anyone to claim free BTC.
Also read: Bitcoin History Part 1: In the Beginning
Bitcoin’s Tech Trends of 2018: What This Year Brought Us (Part 1)
Where 2017’s dizzying price highs embedded “hodl” into the public consciousness, 2018 was the year in which “buidl” became a trend in the crypto-industry — and Bitcoin was no exception.
Anticipated in Bitcoin Magazine’s first cover story of 2018, Bitcoin’s technological progress only accelerated this year. Improving Bitcoin from around the world, developers and entrepreneurs furthered Segregated Witness adoption, rolled out the Lightning Network, released privacy solutions, realized sidechains and made progress on a Schnorr signature solution — all of which were still around the corner only a year ago.
Bitcoin History Part 2: The Bitcoin Symbol
In the second installment of our series on key moments from Bitcoin’s history, we look at the circumstances that led to the selection of the distinctive ₿ symbol and corresponding logo. As internet records show, the initial Bitcoin logo was one of the few nontechnical aspects of Bitcoin in which Satoshi Nakamoto had a say.
Also read: Bitcoin History Part 1: In the Beginning
Japanese Cryptocurrency Exchange to Relaunch as Part of Huobi After Buyout
A regulated Japanese cryptocurrency exchange is shutting down to relaunch as part of the Huobi family. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade customers need to open new accounts, complete KYC verification, and transfer their assets to the new platform.
Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
Bittrade Shutting Down
Bittrade, one of 16 regulated Japanese cryptocurrency exchanges, has announced the complete termination of its current trading system. The exchange will then reopen as part of the Huobi family.
Crypto Charity: Scotcoin to Allocate Part of Sales to Scotland’s Homeless
Scotcoin will donate £5 off every £20 it earns from its token sale to homeless people, revealed a local source. The cryptocurrency project, which aims to tackle poverty and fund charity ventures, announced that it would join hands with Social Bite, a Scotland-based nonprofit venture looking to end homelessness. Together, the organizations would generate funds
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Crypto Influencers You Must Follow Part 1
Have you ever wondered what the world of crypto is about? You hear plenty about it in the daily news but you find it all a bit confusing.
You’re not alone.
There are thousands of people wanting to get on the crypto gravy train but find it too overwhelming.
As a marketing consultant to clients in the space, I’ve been involved in my fair share of crypto projects and I know enough to be dangerous. Here are a series of influencers that you should follow to help you become more confident in the world of crypto.
Bitcoin is Still at an Early Stage: If You Hold 0.28 BTC, You’re Part of the 1%
Due to the fixed supply of Bitcoin, former Google Product Director Steve Lee stated that only 1 percent of the world’s population can own more than 0.28 BTC. “If you own 0.28 BTC and HODL, you can be certain no more than 1% of the current world’s population can ever own more BTC than you.
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