Bitcoin / 629 posts found
Chinese Gov Bitcoin Holdings Outrank MicroStrategy Despite Crypto Ban
The Chinese government currently has more Bitcoin holdings than MicroStrategy as a result of the funds it seized from the PlusToken Ponzi scheme. The Chinese government holds more Bitcoin than MicroStrategy after it seized 194,775 BTC during the infamous PlusToken scam. The total value of the Bitcoin holdings is about $3.9 billion. In addition to the Bitcoin, the government also seized 833,083 ETH, 1.4 million LTC, 27.6 million EOS, 74,167 DASH, 487 million XRP, 6 billion DOGE, 79,581 BCH, and 213,724 USDT. In total, the government has crypto assets worth over $5 billion. China’s Bitcoin Holdings Top Even MicroStrategy This […]
Rogue Actor Disrupts Lightning Network With a Single Transaction
Bitcoin Frederick Munawa is a Technology Reporter for Coindesk. He covers blockchain protocols with a specific focus on bitcoin and bitcoin-adjacent networks. A Twitter user by the name “Burak” (@brqgoo) sent a large swath of the Lightning Network into turmoil on Tuesday morning, when he allegedly created a non-standard Bitcoin transaction that prevented users from opening new Lightning channels (connections between Lightning nodes). Lightning is a layer 2 network that enables cheaper and faster Bitcoin transactions. Burak’s valid but non-standard transaction caused Bitcoin nodes running an implementation of Bitcoin called btcd, to suddenly stop creating new transaction blocks. This caused […]
The search for a blockchain voting bloc
The crypto industry is constantly trying to sell us something new. This election season, it’s the rise of the bitcoin voter, a new political constituency supposedly ready to vote for all things pro-crypto. The Crypto Council for Innovation, a pro-crypto trade group that represents platforms like Fidelity and Gemini, published data last Wednesday purportedly indicating that one in seven voters “hold crypto and say that they are ready to vote for pro-crypto candidates.” Coinbase, a crypto trading platform with more than 100 million users across the world, has launched its own voter registration initiative and is ranking candidates on their […]
It’s Moonvember ! Bitcoin Major Spike On Cards, Analyst Maps Potential High Levels
Cryptocurrency A bullish start of the month! During the last week of October the global crypto market cap moved past $1 trillion and since then the bulls are trying its best to maintain the mark. During the same time period the world’s first cryptocurrency, Bitcoin regained its key level of $20,000 pushing other currencies like Ethereum, XRP, Solana, Cardano among others. Currently, Bitcoin is trading at $20,628 after a surge of 0.61% in the last 24hrs and 6.74% over the last seven days. Immediate resistance lies around $20,650 and support is positioned at $20,550. Now, as the flagship currency is […]
El minero de bitcoin Argo no consigue recaudar US$27M y las acciones se desploman
Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto. Argo Blockchain (ARB) afirmó que fracasó un acuerdo para recaudar 24 millones de libras esterlinas (US$27 millones) por parte de un inversor estratégico, lo que llevó a que las acciones de la compañía minera de bitcoin cayeran 72%. Read this article in English. La empresa con sede en Londres, que a principios de este mes había firmado una carta de intención para vender 87 millones de acciones al inversor con el fin de aliviar las presiones de liquidación, no explicó por qué se […]
Bitcoin Software Company Synonym Launches Bitkit, a Bitcon Wallet Powered by Slashtags Protocol
Bitcoin Frederick Munawa is a Technology Reporter for Coindesk. He covers blockchain protocols with a specific focus on bitcoin and bitcoin-adjacent networks. LUGANO, SWITZERLAND – Synonym, a Bitcoin software company, has launched Bitkit, a new Bitcoin wallet app that features portable web profiles and passwordless web accounts. The official announcement took place on Saturday at the PlanB Forum Bitcoin conference. Bitkit is Lightning-compatible and leverages Synonym’s Slashtags protocol. Slashtags is a system that uses Bitcoin cryptographic seeds to create portable web profiles (that can be used across multiple platforms), automatically updated contacts, contact payment preferences and authentication without a password. […]