Financial Industry News
For all of its revolutionary potential, Bitcoin remains a work in progress. Its long, and often contentious development has been the subject of immense debate among both supporters and critics. Several emerging steps along its march to completion will soon become game changers on the move toward mass adoption. SCALABILITY IS A PRIORITY Increasing network […]
Continue ReadingA just-released report from Bitmex shows that Bitcoin platform development continues to grow and diversify. A look at key players reflects greater interest in scalability and bringing the flagship cryptocurrency into a position for effective mass use. Multiple Bitcoin Projects Supported The report shows that Blockstream and Lightning Labs have become by-far the top institutions […]
Continue ReadingAlmost 100 years ago, industrialist and automobile magnate, Henry Ford, proposed an ‘energy currency’ to replace gold. Does Bitcoin finally fulfil some of the promise of this ‘energy currency’? Yes, according to a recent Medium post by Capriole Investments. Currency Backed By Energy Ford’s argument for energy currency was that, unlike gold, it could not […]
Continue ReadingBitcoin showed just how inexpensive it can be as a tool for transferring value this morning. A 51,511 BTC transaction, worth almost $450 million, was sent for a fee of under 25 cents. Half a Ten Millionth of a Percent The transaction was included in block 613644, and a total amount of 51,511.81741968 was moved. […]
Continue ReadingAlmonit has released the first version of its decentralized, private search engine for the decentralized web (dWeb). It is accessible to those with a decentralized browser or plugin at almonit.eth, and to all others at almonit.eth.link. Focus On Privacy The first thing to know is that the search engine itself is decentralized. It is served […]
Continue ReadingBlockchain Capital Partner, Spencer Bogart, has been talking to Bloomberg about his predictions for Bitcoin in 2020. TL;DR – things will go vertical, and though he isn’t specifically referring to BTC price, that may well follow. The End Of The Horizontal Competition Era Bogart’s most anticipated element of cryptocurrency industry development in 2020 is to see […]
Continue ReadingSocial media giants are no longer opposing the power of decentralization and bitcoin technology. Instead, they are embracing it to solve the problems of a centralized Internet and put the power back in people’s hands. Bitcoin Decentralization ‘could unload some of their burdens.’ Since Bitcoin’s inception, many in the financial and technology sectors saw Bitcoin […]
Continue ReadingThe global luxury jewelry industry and the mining industry are exploring blockchain technology to improve efficiency, tracking of materials, and enhancing transparency. Most importantly, the aim of using blockchain technology includes protecting miners’ health and the environment. NYT: “Blockchain Is a Growing Niche Within the Global Jewelry Industry” The World Gold Council indicates that the […]
Continue ReadingBinance futures trading is hitting all-time highs. Now, to further facilitate trading, the leading exchange has updated its mobile application. This update allows users to increase their trading position at up to 125:1 leverage. Futures Trading Hits All-Time Highs On October 18, 2019, despite Bitcoin’s recent price trend, the leading cryptocurrency exchange Binance reported that […]
Continue ReadingA reported loss of 4 bitcoin on Lightning Network has been blamed on either user-negligence or FUD-spreading. Community members variously described the user as ‘an idiot’ and ‘in over his head’, if the loss really occurred at all. “Wow… looks like I lost 4 BTC” It all started with a question posted on Reddit along with some screenshots: […]
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