Tag: bitcoin

A bear raising its paw up high in anticipation.

Global Recession Indicators Send the Crypto Market in Freefall

  • Bitcoin has proclaimed its intended role as a store of value during recessions since its genesis block.
  • Still, the news about an incoming recession saw the coin react like it is part of the "high-risk gambling vehicle" asset class, in stark contrast to established stores of value.
Samsung's Blockchain Keystore Now Supports Bitcoin

Samsung’s Blockchain Keystore Now Supports Bitcoin

  • Samsung has quietly added support for Bitcoin and Klaytn to its decentralized application store.
  • The Blockchain Keystore is supported on six of Samsungs' series 10 devices, namely S10e, S10, S10+, S10 5G, Note10 and Note10+.
Gaming Startup Intends to Connect Bitcoin’s Lightning Network to Ethereum

Gaming Startup Intends to Connect Bitcoin’s Lightning Network to Ethereum

  • Blockade Games managed to send a Bitcoin lightning transaction that triggered an Ethereum smart contract.
  • A move to the Ethereum mainnet is expected soon.
Elliptic Publishes Data Set to Help Identify Crypto Money Laundering

Elliptic Publishes Data Set to Help Identify Crypto Money Laundering

  • The Elliptic Data Set was published in collaboration with researchers from MIT, and consists of 200,000 Bitcoin (BTC) transactions with a total value of $6 billion.
  • It was created to determine if artificial intelligence could assist current anti-money laundering (AML) procedures, and reduce compliance costs.
Mining The New Way: Ultra Rewards Without Hijacking Terminals with MintMine

Mining The New Way: Ultra Rewards Without Hijacking Terminals with MintMine

  • Few people believed a single Bitcoin would ever be worth thousands of dollars, but there were some who saw the potential of mining it.
  • MintMine's team claims to have come up with an elegant solution to the mining electricity problem, paying for ot 1 year up front.
Bitcoin Surges $1,000 in 30 Minutes

Bitcoin Surges $1,000 in 30 Minutes

  • BTC jumped from $9,364 to $10,430 in 30 minutes earlier today.
  • The sudden price hike resulted in liquidations of short positions worth $58.1 million on BitMex alone.
Japanese Exchange Bitpoint Suspends Services After a Hack

Japanese Exchange Bitpoint Suspends Services After a Hack

  • 3.5 billion yen worth of cryptocurrencies were stolen, 2.5 of them belonged to customers.
  • The hot wallet that was drained was holding BTC, BCH, XRP, ETH and LTC.
The Cryptocurrency Rush Converts Old Swiss Gold Mines into Mining Bunkers

The Cryptocurrency Rush Converts Old Swiss Gold Mines into Mining Bunkers

  • Swiss abandoned gold mines have mutated into cryptocurrency mining bunkers as the new digit asset rush takes over.
  • The first crypto miners to arrive at Gondo were the Swiss businessmen from Alpine Tech.
New Blockchain Simulator Lets Anyone Experiment With Blockchains

New Blockchain Simulator Lets Anyone Experiment With Blockchains

  • The new blockchain simulator - SimBlock - lets anyone play around and experiment with the parameters of Bitcoin, Litecoin, and Dogecoin.
  • The simulator can run on any personal computer that supports JAVA, and allows its users to change and investigate the behaviour of blockchain nodes.
Singapore’s Tax Agency Suggests Relieving Crypto Transactions from GST

Singapore’s Tax Agency Suggests Relieving Crypto Transactions from GST

  • Singapore’s Tax Agency proposes sparing Crypto transactions from GST.
  • The initial suggestion does not apply to stablecoins such as USDT and DAI.