Tagged: bitcoin

October 14, 2020 @ 6:40 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, has again surged past the $11,000 mark as US stimulus talks begin and institutions start to allocate more funds to the leading digital asset. As noted by the OKCoin team, Bitcoin has managed to break out this past week, after… Read More

October 13, 2020 @ 3:21 pm By Omar Faridi  |  

HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, has introduced Compass – which is a platform that will match Bitcoin (BTC)… Read More

October 13, 2020 @ 9:00 am By Omar Faridi  |  

We recently connected with Ray Youssef, the CEO at Paxful, a leading peer to peer Bitcoin exchange, which reported a 274% increase in new registrations in Turkey, during the past year, on its platform. There was also an average of $65,000+ in monthly trade volume… Read More

October 12, 2020 @ 2:13 pm By Omar Faridi  |  

Binance alum Fetch.ai, an established blockchain-focused AI firm launched by former DeepMind investors and developers, had introduced Mettalex, a “decentralized” crypto and commodities derivatives trading platform (back in August 2020). Mettalex had stated in August that it would be working with a consortium of steel… Read More

October 11, 2020 @ 10:44 pm By Samantha Hurst  |  

Paxful, a leading peer to peer (P2P) Bitcoin (BTC) marketplace, recently announced it has formed a strategic partnership with Transfero Swiss AG, the largest digital asset management firm in Latin America and the owner of Brazilian Digital Token (BRZ), a stablecoin pegged to Brazilian Real. According to Paxful,BRZ’s price… Read More

October 11, 2020 @ 10:23 am By Omar Faridi  |  

Marco Falke, a Bitcoin Core maintainer, is the recipient of OKCoin’s Independent Developer Grant. According to the crypto exchange, Falke has become one of the most prolific contributors to the ongoing development of the Bitcoin (BTC) protocol. Currently, Bitcoin (BTC) has a market cap of… Read More

October 10, 2020 @ 2:00 pm By Omar Faridi  |  

  Binance, the world’s largest digital asset exchange, notes that cryptocurrency markets took a major hit in September 2020 as Bitcoin (BTC) and Ethereum (ETH) recorded their first down month since June of this year. Binance also mentioned in its monthly report that despite the… Read More

October 9, 2020 @ 4:45 pm By Omar Faridi  |  

Lightning Network (LN) node operators that may be running LND versions released before the October 1, 2020 version 0.11 update are now being asked to immediately upgrade their software. This, after a potentially serious vulnerability was recently identified in the source code of the protocol…. Read More

October 8, 2020 @ 10:47 am By JD Alois  |  

Square (NYSE:SQ), a popular payments platform, has purchased 4709 Bitcoin or about $50 million worth in a sign of solid support for the world’s most popular cryptocurrency. In a release, Square said that Bitcoin was an “instrument of economic empowerment and provides a way for… Read More

October 6, 2020 @ 6:13 pm By Omar Faridi  |  

Joel Edgerton, COO at bitFlyer, a crypto-asset exchange that’s licensed to operate in Japan, the United States, and Europe, recently shared his views about the court case and charges brought against the Bitcoin Mercantile Exchange (BitMEX), a leading digital asset derivatives exchange. Edgerton also shared… Read More

October 5, 2020 @ 11:55 pm By Omar Faridi  |  

Monica (Appelbe) Long, SVP of Marketing at American Fintech Ripple, says that we’re all in the midst of a global climate crisis—”one that is impossible to ignore.” Long confirms that efforts are being made by many countries to “avert the worst-case climate scenarios.” Organizations and… Read More

October 5, 2020 @ 10:33 am By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) said that the U.S. District Court for the Southern District of New York has entered a consent order against Jon Barry Thompson of Easton, Pennsylvania, imposing injunctive relief and restitution of approximately $7.4 million. In a parallel action, the… Read More

October 4, 2020 @ 4:55 pm By Omar Faridi  |  

Chainalysis, a leading blockchain analysis and security firm, has provided an update regarding the recent KuCoin exchange hack, which led to around $280 million in digital assets being stolen (according to estimates confirmed by many industry participants). Chainalysis noted that on September 25, 2020, hackers… Read More

October 2, 2020 @ 11:14 am By Samantha Hurst  |  

BitGo, digital asset financial services provider, announced on Thursday  it is adopting oracle network, Chainlink, to provide on-demand, definitive truth around the collateralization of “Wrapped Bitcoin” (WBTC). BitGo revealed that over the past year it has bridged close to $1 billion onto the Ethereum blockchain… Read More

September 30, 2020 @ 11:37 pm By Omar Faridi  |  

Ryan Flowers from OpenNode notes that the value of a single Bitcoin (BTC), the flagship cryptocurrency, keeps increasing and there will be more businesses that will accept BTC payments. Flowers points out that this has been the case in the past with larger corporations taking… Read More

September 30, 2020 @ 8:28 am By Omar Faridi  |  

The decentralized finance (DeFi) ecosystem has reached new heights during the past few months, as many projects have launched and large amounts of capital has been invested into these so-called decentralized platforms. The Coin Metrics team confirms that most DeFi solutions have been launched on… Read More

September 30, 2020 @ 8:19 am By Samantha Hurst  |  

Cryptocurrency exchange bitFlyer announced on Tuesday the launch of cross-border trading on its platform. bitFlyer reported that its users in Europe will be able to have access to bitcoin markets in Japan, while still using a European-regulated platform. Launched in 2018, bitFlyer describes itself as… Read More

September 29, 2020 @ 10:30 pm By Omar Faridi  |  

Kadena, the first blockchain tech-focused firm to come out of J.P. Morgan’s Blockchain Center for Excellence, confirmed in August 2020 that they had performed major updates to their scalable layer-1 public blockchain network. Kadena’s developers claim that they have one of the fastest blockchain platforms… Read More

September 29, 2020 @ 1:38 pm By JD Alois  |  

The Gibraltar Stock Exchange has announced the listing of 3iQ’s The Bitcoin Fund, debuting one of the world’s first regulated and exchange-traded Bitcoin funds on a European regulated exchange. 3iQ is a Canada based investment fund manager. The company has previously received approval from the… Read More

September 29, 2020 @ 11:04 am By Samantha Hurst  |  

Global blockchain payments provider BitPay announced on Tuesday the results of a study conducted by leading research and advisory firm Forrester Consulting, titled Total Economic Impact Of Accepting Bitcoin Using BitPay. The study, which was commissioned by BitPay, examines the cost savings and business benefits enabled… Read More