Tag: bitcoin

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Bitcoin Miners Are About to Rake Historic USD 1 Billion In Fees

Source: iStock/eclipse_images The Bitcoin (BTC) blockchain seems to be in its best shape yet as multiple symbolic milestones signal growth and health of the network. For starts, Bitcoin all-time cumulative transaction fees are approaching a symbolic amount of USD 1 billion. At the same time, Bitcoin all-time miner revenue (transaction fees plus block rewards) is…
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Fiat Money May Break in a Decade, Says Author of ‘Black Swan’

Fiat money is likely to break within the decade, predicts Nassim Nicholas Taleb, an essayist, scholar, and former risk analyst, famous for his book on the extreme impact of rare and unpredictable events, The Black Swan. Upon being asked to make a prediction on “what would happen by the end of the decade” Taleb shared…
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Blockchain Network NuCypher Raises Over $10M From Bitmain, Y Combinator

Blockchain platform NuCypher closes a funding round of over $10.675 million led by capital market firm Polychain Capital with Bitmain, Y Combinator participating. Blockchain platform NuCypher has closed a professional staking funding round of over $10.675 million led by capital market firm Polychain Capital. According to a blog post published by the company on Oct.…
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Ukraine to Legalize Crypto Mining + 10 More Crypto News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news The Ukrainian cabinet says it plans to legalize cryptocurrency mining “within the next two to three years,” and will attempt to “attract international cryptocurrency exchanges”  Read more »Pay/Trade/Buy Bitcoin…
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Crypto Donations to Politicians Are Unregulated in Japan: Report

Japanese politicians are barred from accepting cash and security donations but can receive crypto assets, says internal affairs minister Sanae Takaichi. Sanae Takaichi, the internal affairs and communications minister of Japan, has stated that cryptocurrency donations to individual politicians are not illegal in the country — unlike the ones made in cash or securities. According…
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Crypto Scams: The Effect on Consumers and Legitimate Businesses

Fraud is a sad but undeniable part of the crypto world. But how do you fight it, identify it and stay attuned to the latest scams? Although the crypto industry has long been touted as the solution to some of the longest-running issues in the global economy, there’s one problem it has been unable to…
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Crypto Market Unimpressed by Tether Lawsuit

The crypto market once again showed that it can ignore negative news about Tether (USDT), the most popular stablecoin, and that it seemingly agrees this coin is still worth one U.S. dollar. While the recent lawsuit against Bitfinex and Tether was expected by the two companies, the market seems completely oblivious to it altogether, as…
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Anchorage Becomes First Qualified Gram Custodian Ahead of Oct. 31 Launch

Anchorage Trust Company, a wholly-owned subsidiary of California-based Anchor Labs, states that it became the first qualified custodian of Telegram’s Gram token. Digital asset custodian of software firm Anchor Labs has stated that it became the first entity qualified to support institutional custody for Telegram’s Gram (GRM) token. Gram to launch on Oct. 31 Anchorage…
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Tron Price is Up 11% in a Week, while the Cryptoverse Speculates Why

Tron blockchain project saw its native coin, TRX, jump 12% in the last seven days. There’s a lot of speculation going about the Cryptoverse as to what’s behind this push, whether it’s Tron Foundation’s many daily updates, or perhaps John McAfee’s latest promise. At 10:15 UTC, the 11th coin by market capitalization trades at 0.016…
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Bitcoin Price, Altcoins Losing Bullish Momentum

Recently, there was a decent rebound initiated in bitcoin price above the USD 8,000 resistance area. BTC/USD even climbed above the USD 8,100 and USD 8,200 resistance levels. However, the price struggled to gain bullish momentum above USD 8,300 and it is currently (08:00 UTC) correcting gains. Also, there was a strong rise in most…
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