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DIGIT INFO – Page 12641 – Bookmarking Crypto Insights

Ethereum Network Congestion Forces Exchanges to Halt Withdrawals

Scaling problems that have been sporadically affecting the Ethereum network have resurfaced. While bulls and bears were battling it out in the markets, the Ethereum blockchain was fighting to restore some semblance of normal service. The congestion forced a number of exchanges to halt withdrawals, with one going so far as to advise customers to … Read more

St. Louis Federal Reserve Reps in Favor of Cryptocurrencies

Aleksander Berentsen and Fabian Schär of the Federal Reserve Bank of St. Louis have recently published an article that emphasizes many of the benefits of cryptocurrencies. The article states “that cryptoassets are well suited to become an important asset class,” in addition to offering praise regarding a number of the major applications associated with cryptocurrencies. … Read more

Chinese Government Cracks Down on Cryptocurrency Trading

China lost its dominant position in the cryptocurrency ecosystem quite some time ago. For many level-headed people, any decision by the Chinese government will have no major impact whatsoever. At the same time, most markets will still respond negatively to any regulatory news originating from China. Thanks to the government’s latest effort to crack down on the trading … Read more

Study Shows Bitcoin and Ethereum Are Far Too Centralized Right Now

Whenever new research surfaces regarding Bitcoin and other cryptocurrencies, interesting things are bound to happen. The latest publication of such research on Hacking Distributed points out some interesting aspects of Bitcoin and Ethereum. None of it is actually surprising, but it does show that some things will need to change very soon. That’s especially true in regards to … Read more

Crackdown on Bitcoin Hits Businesses in Bali

Having issued a stark warning to “all parties” against any use of “virtual currency”, Bank Indonesia has now joined forces with local police to prevent bitcoin transactions where they are most likely to take place – in Bali. The island, a popular holiday destination with tourists spending both fiat and crypto, has been targeted by … Read more

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