Place Your Bets! Bitcoin Core Lightning Network Fails to Complete Basic Transaction

Place Your Bets! Bitcoin Core Lightning Network Fails to Complete Basic TransactionWagers really don’t settle matters, but they are a lot of fun and force advocates to have some skin in the game. In the ongoing debate about scaling, network fees, congestion and mempools, the Lightning Network is Bitcoin Core’s answer. Some in the ecosystem have doubted its efficacy. A bet was placed. If a payment […]

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Craig Wright Shrugs Off Plagiarism Accusations

Craig Wright Shrugs Off Plagiarism AccusationsNchain chief scientist Craig Wright is a prolific blockchain researcher, with dozens of papers and patents to his name. He’s also a controversial and outspoken figure who has ruffled numerous figures in the crypto space. Some of these opponents have taken it upon themselves to scrutinize his work, and claim to have found incidents of […]

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Japan’s GMO Wants to Borrow Bitcoins from Customers

Japan's GMO Wants to Borrow Bitcoins from CustomersJapanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar to the one launched by the hacked exchange Coincheck last year. Also read: Japan’s DMM Bitcoin […]

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Yahoo! Japan Confirms Entrance Into the Crypto Space

Yahoo! Japan Confirms Entrance Into the Crypto SpaceYahoo! Japan has confirmed that it is entering the crypto space by acquiring a stake in a Japanese cryptocurrency exchange that is already licensed by the country’s financial regulator. The company plans to launch a crypto exchange in the fall of this year. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Yahoo! […]

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CBS’s NCIS Los Angeles Weaves Stolen Bitcoin Into Script, LL Cool J Is on the Case

$10 Million in Bitcoin Stolen, LL Cool J is on the CaseBitcoin’s ubiquity is almost sealed, as more and more entertainment shows weave the world’s most popular cryptocurrency into plotlines. A current example is CBS’s NCIS Los Angeles, starring LL Cool J and Chris O’Donnell, where the digital asset plays a leading role. $10 million of it are stolen from a mining farm, and agents are […]

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Coinsecure India Down After $3 Million in Bitcoin Missing

Coinsecure India Down After $3 Million in Bitcoin MissingIn what appears to be an attempt to test their ability to distribute Bitcoin Gold (BTG), a Coinsecure weakness was apparently exposed, and over 3 million dollars worth of bitcoin were stolen as a result. The large crypto exchange based in India filed a First Information Report (FIR) with police, alleging their own Chief Scientific […]

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Luxury Pen Manufacturer Ancora1919 Offers Bitcoin and Ethereum Fountain Pens

Luxury Pen Manufacturer Ancora1919 Announces Ethereum PenAncora1919, an Italian company that has produced luxury pens since the early 20th century, has announced that it will soon accept pre-production orders for limited edition Ethereum pens. The company also sells limited number of bitcoin pens. Also Read: Markets Update: BTC Price Jumps Over $1000 in Less Than an Hour Italian Pen Manufacturer Reveals ETH […]

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Cryptocurrency Is the Main Income for 12% of Russian Crypto Users

Cryptocurrency Is the Main Income for 12% of Russian Crypto UsersCryptocurrency is the main source of income for 12% of Russian speaking crypto users, according to a new survey. More than 90% of the respondents say they want to use digital coins as a means of payment, and a quarter of those interviewed are already doing that. 40% of the participants view cryptos like bitcoin […]

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JP Morgan Chase Hit With Million Dollar Class Action Crypto Lawsuit

JP Morgan Chase Hit With Million Dollar Crypto Class Action LawsuitThe largest bank in the United States, JP Morgan Chase, found itself the subject of a federal class action lawsuit this week. The complaint alleges that after hindering customers from buying cryptocurrencies, the bank charged enthusiasts extra fees and higher interest rates. Also read: Bitgrail’s $170M Hack Continues to Provide Drama JP Morgan Chase Subject of […]

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How an OTC Bitcoin Scammer Almost Stole $600 Million

How an OTC Bitcoin Scammer Almost Stole $600 MillionOCT trading involves high value deals that can run into the hundreds of millions of dollars. Whales want privacy and zero slippage, which isn’t possible on a cryptocurrency exchange, while buyers want large quantities of bitcoins at below market rates. It’s an arrangement that suits both parties, but for it to work, trust is essential […]

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