Vitalik Buterin, Ethereum’s co-founder, was certainly thinking outside the box when he proposed a radical new Ethereum scalability solution this weekend: using another blockchain—Bitcoin Cash—to provide the so-called “data layer,” where verification takes place, for the Ethereum platform. Buterin’s suggestion...
Bitcoin was trading at $10,337.4 by 11:50 (15:50 GMT) on the Investing.com Index on Sunday, down 10.39% on the day. It was the largest one-day percentage loss since June 27. The move downwards pushed Bitcoin’s market cap down to $189.1B,...
Bitcoin slumped in another large weekend move after U.S. President Donald Trump’s criticism of cryptocurrencies late last week put the focus back on this year’s jump in prices. The largest cryptocurrency tumbled 15% since Friday to trade at $10,028.55 as...
Police in eastern China busted a bitcoin mining operation following a surge in local electricity usage, according to a wire report from Agence France-Press. The police, who confiscated 4,000 “mining devices,” allege the mining farm misappropriated nearly 20 million yuan ($3...
HDR Global Trading, owner and operator of BitMEX, has awarded a $60,000 grant to Bitcoin Core contributor, Michael Ford (aka fanquake). This recognises “Ford’s contribution to the growth and maintenance of the Bitcoin ecosystem. In line with BitMEX’s previous donation to the MIT...
Bitcoin saw its highest price before December 2017 when the cryptocurrency hit just under $20,000. Anthony Pompliano, a partner and co-founder of Morgan Creek Digital, outlined why he thinks the price will increase. He told Yahoo Finance: “The important thing to remember about...
Bitcoin prices have been experiencing sharp fluctuations recently, generating both robust gains and sharp losses as the digital currency swings back and forth. The cryptocurrency fell to as little as $11,202.03 shortly after midnight, down roughly 15% from the intra-day high...
Professional sports franchises, leagues, and athletes are no strangers to cryptocurrencies. As early as 2014, when the Sacramento Kings became the first professional sports franchise to accept Bitcoin, talk of how cryptocurrencies like Bitcoin and blockchains like Ethereum might revolutionize sports have fueled...
Police in eastern China have shut down an illicit bitcoin mining operation after a power company reported abnormal electricity usage worth US$3 million. Photo: Reuters An illicit bitcoin mining operation which stole nearly 20 million yuan (US$3 million) worth of...
Bitcoin prices have been experiencing sharp fluctuations recently, generating both robust gains and sharp losses as the digital currency swings back and forth. The cryptocurrency fell to as little as $11,202.03 shortly after midnight, down roughly 15% from the intra-day high...
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