Category Archives: Bitcoin

Binance Considered Pushing for Bitcoin ‘Rollback’ Following $40 Million Hack

In the wake of a multimillion-dollar hack Tuesday, Changpeng Zhao, the CEO of cryptocurrency exchange startup Binance publicly discussed whether the company might seek to encourage bitcoin miners and node operators to “rollback” the bitcoin blockchain, reversing transactions confirmed by the network to return the funds. The comments were made as Zhao hosted an Ask-Me-Anything session at … Continue reading Binance Considered Pushing for Bitcoin ‘Rollback’ Following $40 Million Hack

Hackers Steal $40.7 Million in Bitcoin From Crypto Exchange Binance

Hackers stole more than 7,000 bitcoin from crypto exchange Binance, the world’s largest by volume, the startup reported Tuesday. Binance announced that a “large scale security breach” was discovered earlier on May 7, finding that malicious actors were able to access user API keys, two-factor authentication codes and “potentially other info,” the exchange’s CEO, Changpeng Zhao, … Continue reading Hackers Steal $40.7 Million in Bitcoin From Crypto Exchange Binance

Bitcoin Developer Publishes Two Proposals for a Taproot Soft Fork

Bitcoin (BTC) developer Pieter Wuille has unveiled two proposals on GitHub for a Taproot soft forkin a message to the bitcoin-dev mailing list on May 6. Taproot is a solution that aims to combine the advantages of Merkelized Abstract Syntax Tree (MAST) and the Schnorr signature scheme in order to reveal less information after a bitcoin transaction takes place. MAST allows for the alternative possibilities … Continue reading Bitcoin Developer Publishes Two Proposals for a Taproot Soft Fork

How Security Tokens Can Prevent an Impending Financial Crisis

Many economists argue that the root causes of the 2008 global financial crisis have yet to be addressed comprehensively, or that measures taken have been exhausted, such as the extent to which quantitative easing was used, which has been put forward by the deputy director of the International Monetary Fund (IMF). Some argue that the efforts to … Continue reading How Security Tokens Can Prevent an Impending Financial Crisis

Analyst: If Bitcoin Holds Above The $5,500 Region, A ‘Megamoonsoon’ May Soon Grace Crypto

While the upward price pressure has slowed, resulting in Bitcoin (BTC) posting a mere 0.15% gain in the past 24 hours, some are sure that the cryptocurrency’s chart structure remains bullish. Murad Mahmudov, a founding partner at up-and-coming crypto fund Adaptive Capital, recently broke down his reasoning as to why BTC holding above the $5,500 region could … Continue reading Analyst: If Bitcoin Holds Above The $5,500 Region, A ‘Megamoonsoon’ May Soon Grace Crypto

Bitcoin (BTC) Price Tumbles: Is This Trend Change or Correction?

Bitcoin price declined sharply after it broke the key $5,400 and $5,380 supports against the US Dollar. The price even broke the $5,000 support level and tested the $4,900 support area. There was a break below a major bullish trend line with support at $5,410 on the hourly chart of the BTC/USD pair (data feed … Continue reading Bitcoin (BTC) Price Tumbles: Is This Trend Change or Correction?

Crypto Adoption is Like Internet in 1990s With 50M+ Users, Massive Potential Left

For some reason or another, many pundits, both in and out of the crypto ecosystem, have likened Bitcoin’s parabolic rally in 2017 to the Dotcom Boom and Bust at the turn of the millennia. Sure, there are similarities, like the fact that both industries were revolutionary, were initially misunderstood and hated, and were rife with … Continue reading Crypto Adoption is Like Internet in 1990s With 50M+ Users, Massive Potential Left

Pop Culture Shift: Nike Forays into Crypto as Technology Continues Going Mainstream

What started off as a cult-like group of supporters behind a completely nascent and unproven technology has rapidly evolved into a world-wide phenomenon that has consistently grabbed headlines in mainstream news outlets and has sparked some major controversies. The crypto industry is still quite young, but is rapidly growing and is slowly infiltrating the world … Continue reading Pop Culture Shift: Nike Forays into Crypto as Technology Continues Going Mainstream

Bitcoin [BTC] Futures Traders Bullish; Targets and Stop Loss To Watch: CNBC Update

Bitcoin broke its 5-month high as it broke $5600 on 23rd April 2019. The price of Bitcoin CME Futures (Symbol: BTJ19) at 14: 30 hours UTC on 24th April 2019 is $5460. CNBC broadcaster, Dominic Chu, interviewed traders Jim Luorio and Jeff Kilburg about their views on the move and also their targets. Also Read: Bitcoin [BTC] … Continue reading Bitcoin [BTC] Futures Traders Bullish; Targets and Stop Loss To Watch: CNBC Update

Ohio State Legislature Introduces Bill to Allow Gov’t to Implement Blockchain Solutions

A new bill introduced on April 24 in the American state of Ohio’s House of Representatives would, if passed, allow the state government and other government entities to implement blockchain solutions in the exercise of their authority. According to the official website of the Ohio state legislature, the bill, titled House Bill 220, has been sponsored by the Republican Party’s … Continue reading Ohio State Legislature Introduces Bill to Allow Gov’t to Implement Blockchain Solutions