Crypto News
Page: 109
Bitcoin next $10.000 ?
Bitcoin price abruptly jumped over $6800 (Bitfinex) during trading on Saturday, representing yet another attempt to break above $7,000 during the ongoing bear cycle. There are a number of factors that could have contributed to this sudden jump. Bitcoin, and cryptocurrencies more generally, have seen a plethora of positive news this week. For instance, South […]
Facebook’s Blockchain Division Has a New Director of Engineering
Social media giant Facebook has recently promoted senior engineer Evan Cheng to director of engineering for its recently-launched blockchain division. Earlier in May, Facebook put together a team led by David Marcus, Coinbase board member and former president at PayPal, to explore blockchain technology and its potential use cases for the platform. The team consisted of less […]
Winklevoss Twins Poach NYSE Executive to Serve as Gemini’s First CTO
Gemini, the Winklevoss twins’ cryptocurrency exchange, has joined the trend of hiring institutional trading executives for crypto exchanges by hiring Robert Cornish of the New York Stock Exchange (NYSE) to serve as its first chief technology officer. Cornish oversaw Pillar, the project aimed at revamping the NYSE‘s famous Big Board and its outdated electronic trading platforms. He […]
Ethereum Sharding Slated for 2020: ETH Foundation Researcher Justin Drake
Sharding, a much-anticipated Ethereum scaling solution, could be implemented as soon as 2020, Ethereum Foundation researcher Justin Drake said on Friday. Speaking to TechCrunch, Ethereum researchers including Drake and co-creator Vitalik Buterin discussed scaling solutions and the future of the project, outlining specific goals and functions of their upcoming new features. Discussing scaling, Buterin said that […]
Bitcoin Privacy Takes Another Step Forward with Wasabi Wallet Launch
Bitcoin users concerned about permanently writing their financial history to a public blockchain will soon have access to a new tool to protect their privacy: Wasabi, a desktop wallet developed by Adam Ficzor, the maker of HiddenWallet. Introducing Wasabi, a Privacy-Enhancing Bitcoin Wallet Ficzor unveiled Wasabi at Building on Bitcoin 2018, an industry conference dedicated to technical […]
Swiss Stock Exchange Operator is Launching a Crypto Assets Exchange
SIX, the owner and operator of Switzerland’s principal stock exchange has announced plans to launch the SIX Digital Exchange – a crypto assets exchange fully regulated by the country’s financial regulator and central bank. In an announcement on Friday, Swiss Exchange operator SIX revealed its new crypto-initiative which it claims ‘will be the first market infrastructure in […]
Chinese Exchange FCoin Accused of Crippling Ethereum Network for Cheap Publicity
A little-known Chinese crypto exchange is allegedly responsible for the unusually high Ethereum network congestion and gas fees recorded over the past few days. FCoin, founded by Zhang Jian, formerly of Huobi, is accused of deliberately encouraging a rash of Sybil attacks so as to temporarily cripple the Ethereum blockchain and attract undeserved attention in […]
South Korea is Officially Recognizing Crypto Exchanges as Regulated Banks
For the first time in history, the government of South Korea has officially recognized crypto exchanges regulated financial institutions and banks. Local publications in South Korea have reported that the financial authorities of South Korea have finalized their plans to categorize crypto exchanges as an industry called “Cryptocurrency Exchange and Brokerage” to enable trading platforms […]
Crypto Market Cap Adds $13 Billion in 6 Hours with Bitcoin on the Rise
The cryptocurrency market cap has risen from $263 billion to $276 billion in as little as six hours with Bitcoin seeing a 1.97 percent increase over the last 24 hours with a price rise of over $350 this morning according to Coinmarketcap.com. The market cap hasn’t seen this price level since June 22, 2018, signifying an overall […]
6 Million Bitcoin is Lost or Stolen, Should the Real Value of BTC Higher?
At the Building on Bitcoin conference this week, Jameson Lopp, former lead engineer at BitGo and engineer at CasaHODL, revealed that an estimated 4 million BTC are lost and 2 million BTC are stolen. As of July 2018, a total of 6 million BTC are left inaccessible and permanently lost on the bitcoin blockchain. Given […]
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