Monthly Archives: November 2019

GiveBitcoin Wants You to Give Bitcoin This Holiday Season

GiveBitcoin founder Cory Klippsten struggled to warm his parents up to Bitcoin. For two years, he coaxed and educated, until his evangelism finally paid off in the spring of 2019. “After 100s of hours, books, podcasts, articles, I finally got my parents to buy some bitcoin,” he told Bitcoin Magazine. That was five years after Klippsten received his own first bitcoin from a benevolent stranger at a tech conference. He lost the keys and didn’t take a dive down the rabbit hole. That plunge wouldn’t come until […]

More info

Bitstop Installs One-Way Bitcoin ATMs In Simon Malls

Bitstop, a Bitcoin Automated Teller Machine (ATM) operator, has partnered with Simon Malls, one of the biggest shopping mall operators in the United States, to install Bitcoin ATMs across California, Florida and Georgia. According to the November 26, 2019, announcement, Bitstop’s ATMs are now live in five Simon Malls locations. The company’s chief executive and co-founder Andrew Barnard stated the firm is hoping to increase its network of machines from about 500 to over 2,000 by the end of 2020.  Answering Market Demand for Bitcoin ATMs “Coming […]

More info

Crypto Markets Are Turning Green, Bitcoin Recovers Above $7,500

Cryptocurrency markets are trading in the green, with Bitcoin’s price recovering above the $7,500 price mark. Wednesday, Nov. 27 — Crypto markets continue to improve, with Bitcoin (BTC) showing signs of recovery as it finds its way back above the $7,500 price mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin started the day at $7,190, at which point the world’s largest crypto coin found an intra-day low of $6,900 before moving up again to its current trading price near $7,540. After a rollercoaster 24 hours, BTC is showing […]

More info

Bitfinex and Tether Receive Another Class Action Lawsuit in US Courts

The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether have notified users that they were hit with another class action lawsuit in U.S. courts over market manipulation allegations that the companies are trying to frame as mercenary and baseless. Also Read: Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested Tether Operators Face New Complaint in US Bitfinex has informed users that a class action complaint was filed against the exchange and Tether in the U.S. District Court for the Western District […]

More info

A Product Development Team Just Made ETH Block Production Twice As Fast

Blockchain advisory firm Akomba Labs ran a test that shows it can cut the average block propagation time by more than 50% on the Ethereum network. Blockchain advisory and product development firm Akomba Labs conducted a test on the Ethereum network that shows it can make block propagation at least twice as fast. Coindesk reported on Nov. 27 that Akomba Labs — in collaboration with the scalability-focused blockchain startup BloXroute — ran a two-week test measuring the results of running BloXroute’s Blockchain Distribution Network (BDN) on the […]

More info

Advantages Of Using Bitcoin For Deposits

Cryptocurrencies have impacted almost every single industry and sector throughout the world. Right from their humble beginnings, serving as an effective alternative for cash payments, the power of these currencies, especially bitcoin, has propelled their reach to several business models today. Bitcoin is already being used as an effective payment method at many online casinos and sports betting portals, including many of the well-known Vegas sports betting services, and offers a different yet popular means for consumers to engage with online bookmakers these days. Bitcoin’s extensive usage […]

More info

Hackers Mass-Scanning Web for Docker Platforms to Mine Cryptocurrencies

Launched on Nov. 24, a new cryptojacking campaign uses Docker platforms that have API endpoints exposed online to mine XMR. A group of hackers has launched a new cryptojacking campaign on Nov. 24, scanning as many as 59,000 IP networks to find Docker platforms that have API endpoints exposed online, business technology publication ZDNet reports Nov. 26. According to the report, the campaign is targeting vulnerable Docker instances in order to deploy crypto-malware to generate funds for the hacking group by mining Monero (XMR). The mass scanning […]

More info

Price Analysis 27/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Was the current pullback an opportunity to go long or will the relief rally reverse direction and catch many aggressive bulls off guard? The theft of 342,000 Ether (ETH) from South Korean cryptocurrency exchange Upbit could have halted the current relief rally taking place in the crypto market. However, Lee Seok-woo, the CEO of Upbit’s operator, Dunamu said that the company will cover for the losses. This erased some of the initial concerns of the market participants and improved sentiment. When sentiment is negative, the markets fall […]

More info

Afghan Government to Apply Blockchain in Country’s Healthcare Sector

The Afghan government has signed an MoU with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector. The Afghan Ministry of Public Health has signed a Memorandum of Understanding (MoU) with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector. As Afghan Voice Agency reported on Nov. 27, the terms of the MoU would apply blockchain to identify counterfeit medicines, create medical registries in hospitals and digitize patients’ files. Commenting on the initiative, Afghan Public Health Minister Ferozuddin Feroz said: “The […]

More info

HSBC to Digitize Private Placement Records to Track $20B in 2020

British banking giant HSBC will digitize paper-based records of $20 billion in private placements with blockchain technology by March 2020. British banking giant HSBC plans to move $20 billion worth of assets to Digital Vault, a new blockchain-based custody platform by March 2020. By deploying the platform, the global investment bank aims to digitize paper-based records of private placements in order to increase standardization and speed up processes in the growing industry, Reuters reports Nov. 27. HSBC reportedly expects the global volumes of private placements to surge […]

More info
1 2 3 4