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This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. The 51 percent attack Bitcoin Gold experienced last week sparked an industry-wide debate about the security of the network. Many saw this as proof of BTG’s redundancy, but few focused on the problems in proof-of-work itself that enable these kinds of attacks […]
Read MoreFacebook Coin, Libra, Zuck Bucks. The announcement of Facebook’s cryptocurrency is beginning of corporate warfare on cryptocurrency and blockchain technology. Facebook and their corporate validator “partners” including Visa and Mastercard could be positioning themselves to set the standards for blockchain technology in the future. Is Bitcoin & the crypto industry ready for war? Let the […]
Read MoreThere are many types of hockey-stick evolutions in new industries. Startups dream of the lying-on-its-back L shape for their sales growth. Entrepreneurs chase the “escape velocity” funding momentum. And a subsector can simmer along with a low hum of activity until boom, years of progress and feverish months of under-the-surface connecting explode in a series […]
Read MoreThis Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Over the past few months and years, financial derivatives like options and futures have become increasingly important to crypto. As a result, the data these markets have shown more and more about which way traders are leaning. Case in point: Just recently, […]
Read MoreCrypto assets have long had an ambiguous set of use cases. Some say that they’re good for replacing governments and financial institutions; others say that the sole purpose of cryptocurrency and their respective blockchains is to boost the profitability of corporations. Many of the proposed use cases have not come to fruition yet, but recent […]
Read MoreToday, San Francisco-based cryptocurrency exchange OKCoin announced a $100,000 donation to open-source bitcoin payment processor project BTCPay Server. The funding comes as part of the OKCoin Independent Developer Grant, which was launched last year. BTCPay Server’s product is free to use and its dependent on such contributions to continue operations. “Supporting infrastructure projects is key […]
Read MoreChina-based Ebang Holdings has filed a $100 million IPO prospectus with the U.S. Securities and Exchange Commission (SEC), becoming the third Bitcoin mining equipment maker after Bitmain and Canaan to attempt a public offering. Bitcoin miner to public firm Ebang states IPO returns will majorly serve towards product diversification, company expansion, and collateral for credit […]
Read MoreAccording to research findings by The Block, 44 blockchain-related investment deals occurred during May 2020, a significant decline from the numbers seen last year. As shown in the chart below, the number of reported deals peaked in July 2019 – with 121 – though figures have fallen more consistently since the start of the year. The […]
Read MoreSatoshi Invented GPU Mining to Defend the Network Says Early Dev Satoshi Nakamoto had pre-invented (BTC) GPU mining in order to defend the network, says early Bitcoin developer who worked with the Bitcoin creator in 2010. Laszlo Hanyecz, who is known for making the first real-world Bitcoin transaction, has also been credited with inventing Bitcoin […]
Read MoreThis Exchange News was brought to you by OKCoin, our preferred Exchange Partner. A Libra scam has appeared on Twitter to conduct a fake initial coin offering (ICO) of its coin LIBT. The account has existed on Twitter since 2018, but data from Etherscan has shown that the ERC20 token was created on Jan. 26. […]
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