Financial Industry News
Bitcoin 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: […]
Continue ReadingBlockstream CEO, Adam Back, says that the company is looking at implementing a method by which lost bitcoin will become recoverable. But before you stop trawling through the tip for that old hard drive you threw out, he wasn’t referring to those lost bitcoin. Backup Bitcoin Keys Talking during an interview at the Lighting Conference in Berlin, […]
Continue ReadingThe advent of Bitcoin is fueling the evolution of financial technologies, including telecommunications, and hardware with crypto-friendly features. The latest innovation, HTC’s cryptophone Exodus 1, will hit the market in December 2019. This device performs both as a smartphone as well as a Bitcoin cold wallet. Chen: “For the smartphone category to grow again, we […]
Continue ReadingMulti-player battle gaming can now happen on the Bitcoin Lightning Network, courtesy of Satoshis.Games. The platform, introduced during the latest LN conference, allows players to earn and spend BTC directly, during the gaming process. Game Integrates with Bluewallet and LN Payment Channels The Lightning Network has opened doors to long-awaited BTC microtransactions, and has found […]
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