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While bitcoin has run-up to all new price highs in 2020, a great number of crypto supporters have been complaining about the mempool backlog and the high fees needed to send a transaction. Meanwhile, the Lightning Network is far from seeing widespread adoption, and a number of attack vectors have been revealed this year. At … Read more
Cryptocurrency supporters all around the world are celebrating the fact that today is the 12th anniversary of the Bitcoin white paper, a summary of the invention created by the pseudonymous inventor Satoshi Nakamoto. Bitcoin’s inventor published the paper on metzdowd.com’s Cryptography Mailing list and ever since then, the financial world hasn’t been the same. 12 … Read more
John McAfee has shared many details about his life in Spanish prison and chances of extradition to the U.S. He additionally claims to have regained control of his ghost cryptocurrency project. Prison Life ‘Is an Adventure’ Former U.S. presidential candidate and antivirus software tycoon John McAfee is in Spanish prison awaiting his extradition trial after … Read more
A Chinese court has confirmed the sentencing of the masterminds behind the 7.7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four convicts involved in the billion-dollar Ponzi scheme Wotoken on Tuesday, several local … Read more
At the beginning of the year, the trading platform FTX Exchange launched a futures market so people can bet on the U.S. election and created a futures contract token called TRUMP. On Friday, FTX revealed that the exchange is lifting the initial margin requirements to $0.50 for its TRUMP token contracts. Individuals who don’t live … Read more
Only 8.1% of Bitcoin is held on exchanges compared to Ether where almost one-quarter of the supply sits on exchanges. Go to Source Powered by WPeMatico
Bitcoin’s decoupling from stocks began within days of its NVT price hitting an all-time high, according to Willy Woo. Go to Source Powered by WPeMatico
Prosecutors from the Netherlands have seized 2,532 bitcoins worth $33 million after a couple was convicted of money laundering by the Rotterdam District Court. The man and his wife were sentenced to two years for illegal money transmission and the court claims the couple’s bitcoin stash was used on the deep web. Dutch officials recently … Read more
KPMG’s cryptocurrency management suite has expanded with the company’s integration of Coin Metrics’ products. KPMG’s new tools are “designed to enable the increasing institutional adoption of cryptoassets.” KPMG Enhances Its Crypto Management Suite KPMG LLP announced Tuesday that it has formed a strategic alliance with the crypto market and network data provider Coin Metrics Inc. … Read more
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings. Microstrategy and Its CEO Are Both Bitcoin Hodlers The CEO of the billion-dollar company Microstrategy, Michael Saylor, has revealed his … Read more