Tagged: bitcoin

Synonym Introduces the Architecture for a Self-Sovereign Bitcoin Economy Supported by Lightning Network

Synonym Software Ltd, a firm founded with the goal of bringing self-ownership and control to the crypto-asset ecosystem by “creating an open and free web of trust” has officially launched today (on November 16, 2021). As mentioned in an update shared with CI, the preface… Read More

Bitcoin Inflows Continue to Dominate with $97M in Net Inflows from Past Week, CoinShares Reports

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (November 15) that for the week ending November 12,… Read More

Bitcoin (BTC) Taproot Upgrade Will Lead to Lower Fees, Improved LN Efficiency, Smart Contract Functionality: Report

On November 14th, 2021, block height 709,632, Bitcoin’s (BTC) Taproot upgrade was activated. This critical update brings with it several important enhancements to the overall flexibility, security, and efficiency of BTC transfers. And as Bitcoin’s first protocol upgrade in more than 4 years, it’s a… Read More

Taproot: Noelle Acheson of Genesis Comments on Bitcoin Upgrade

Bitcoin has just completed a soft fork upgrade to the network labeled Taproot. As has been widely reported, Bitcoin will now benefit from an improved ability to incorporate smart contracts and improved privacy of transactions (Schnorr Signatures). Bitcoin, which is pushing new all-time highs (probably… Read More

Bahrain’s Digital Asset Trading Platform CoinMENA Secures $9.5M via Seed Round

Bahrain-based digital asset trading platform CoinMENA has acquired $9.5 million via a seed round. @CoinMENA Raises $9.5M Seed Fund #CoinMENA #Blockchain #Cryptocurrency #Crypto #DeFi https://t.co/vVH1vVj6ED pic.twitter.com/V05Ii2CabS — Head of DeFi @Spectrum Search – Blockchain Bully (@JobsBlockhain) November 12, 2021 As mentioned in the announcement, this… Read More

Bitcoin, Bitcoin Cash, Ethereum, Litecoin Price Alerts Added to Venmo App

As the Venmo team continues to grow and expand their cryptocurrency platform, they’re pleased to offer a new feature that will enable clients to set price alerts for digital currencies via the Venmo platform. This should help clients with tracking the price of the four… Read More

Movie Theatre Chain AMC Now Accepts Bitcoin, Ethereum … and Perhaps Dogecoin

AMC Entertainment (NYSE: AMC) is now accepting Bitcoin, Ethereum, Bitcoin Cash and Litecoin. These four popular cryptos are joined by Apple Pay , Google Pay and PayPal as the theater chain goes digital for payments. The news was revealed by AMC CEO Adam Aron in… Read More

Sovryn, a Bitcoin-Native App for Decentralized Lending, Introduces Protocols for BTC backed Stablecoins

The developers of Sovryn, a Bitcoin-native app supporting decentralized lending, notes in a blog post that we are all in the middle of a truly historic transition from a global economy largely based on fiat money to an economic system based on crypto-assets and dominated… Read More

Bitcoin Analysts See Good, Bad Behind Recent Bitcoin Price Hikes

While Bitcoin’s recent price gains have some clear reasons behind them, some analysts believe it’s a troublesome development. Genesis head of market insights Noelle Acheson said the increased valuations are due to more than increased inflows, it’s also because of a combination of recent tailwinds too…. Read More

Bitcoin, Ether Hit New Highs as Crypto Markets Top $3 Trillion as Inflation Fears Jump

Boosted by the rapid rise of Bitcoin and Ether, crypto markets are now valued at more than $3 trillion. It was only this past August when crypto markets surpassed $2 trillion in value so the gain has been pretty spectacular. Both Bitcoin and Ether have… Read More

Alleged Ransomware Perpetrators Who Demanded Payment in Bitcoin & Monero, Charged by US Department of Justice in Kaseya Scam

Alleged perpetrators of the ransomware attack on, Kaseya – an IT firm that helped systems administrators manage large networks, have been charged by the US Department of Justice for the attack. This case is part of the Department of Justice’s Ransomware and Digital Extortion Task… Read More

Digital Banking Platform Innovator TechniSys Partners with OKCoin to Support Bitcoin and Other Cryptos

Digital banking platform innovator Technisys recently formed a partnership with OkCoin, a globally-accessible crypto exchange serving 190 countries, in order to help traditional banks with supporting Bitcoin (BTC) and other virtual currency services — “enabling banks to elevate the customer experience and uncover new revenue… Read More

Digital Asset Exchange Gemini Provides Bitcoin Ecosystem Updates, Following Whitepaper’s 13th Anniversary

On October 31, 2008, an “obscure” whitepaper was released, outlining a virtual currency that was able to operate in a fully decentralized, trustless manner enabling users to send and receive monetary value. The pseudonymous author (or authors) of the whitepaper, Satoshi Nakamoto, called the “revolutionary”… Read More

Bitcoin, Altcoins Surge to New All-Time Highs, Ethereum Network Demand Surges, Kraken Reports

The team at digital assets firm Kraken notes that the month of October 2021 has been dubbed “UPtober” by many in the cryptocurrency markets as the Bitcoin (BTC) price and that of Ethereum (ETH), as well as other major altcoins surged to new all-time highs…. Read More

Crypto Platform Coinhako Adopts Duco’s Services, a Cloud based Data Automation, Reconciliation Service

International provider of Cloud-enabled data automation and reconciliation services, Duco, confirms that digital currency platform, Coinhako, has adopted Duco’s services in order to automate and control its data management, supporting the firm’s growth objectives. Established in 2014, Coinhako is a platform for access to digital… Read More

STAR Bank Introduces NYDIG Bitcoin Services through the Alkami Platform

Alkami Technology Inc. (Nasdaq: ALKT), a Cloud-powered virtual banking solutions provider for U.S. banks and credit unions, has announced STAR Financial Bank as its first client to empower customers with trading systems that “allow the purchase, sale, and secure storage of Bitcoin, powered by NYDIG.”… Read More

Bitcoin, Ethereum, USDC Payments Support Enabled by OLB Group via Mastercard Cryptocurrency Processing

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

The OLB Group, Inc. (NASDAQ: OLB), a provider of Cloud-powered omnicommerce and payment acceptance solutions for small- and mid-sized merchants and Bitcoin mining firm, announced that it is ready to process Mastercard Bitcoin payments. Merchants utilizing OLB’s OmniSoft business management platform and the firm’s SecurePay… Read More

Blockchain Platform Qtum Discusses Benefits of Decentralization

Decentralization is one of the core tenets or value propositions of blockchain or distributed ledger technology (DLT). As explained in a blog post by Qtum (QTUM), decentralization is the process by which the “governance activities of an organization are distributed or delegated away from a… Read More

Bitcoin Miners are Holding for the Long-Term, Kraken Intelligence Reports

The team at digital assets firm Kraken notes that after a “predictably underwhelming” September in the crypto-asset markets, “history was made in October as BTC hit new all-time highs.” Kraken wrote in an extensive report that, as foreshadowed last month, data “indicates that a supply… Read More

Bitcoin Goes Green as Mogo Introduces Climate-Positive BTC

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO), a virtual payments and financial tech firm, has introduced ‘green’ Bitcoin, an initiative which “makes all Bitcoin purchased on the Mogo platform climate positive.” For every Bitcoin bought via its platform, Mogo will plant “enough trees to completely offset the CO2… Read More

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