Monthly Archives: January 2020

Ethereum Block Time Reduced by 25% After Muir Glacier Hard Fork

The average block time on the Ethereum blockchain decreased by nearly 25% after mining difficulty was lowered. The average block time on the Ethereum blockchain decreased by almost a quarter after the mining difficulty was decreased. Data reported on Ethereum block explorer Etherscan shows that from Jan. 1 to Jan. 4, the daily average block time on the blockchain decreased from 17.16 seconds to 12.96. This translates to a 24.48% shorter block time. Chart of the Ethereum average block time March 3-Jan. 4. Source: Etherscan Obviously, the […]

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SLP Devs Publish Code Bounties With $2,500+ in Crypto Rewards

While a number of software developers work on the Simple Ledger Protocol (SLP) framework, SLP devs are still looking for other contributors to help foster the protocol’s ecosystem. In order to help bolster SLP development, the simpleledger.cash website has published requests for bounties worth a couple of thousand dollars in spice token and the stablecoin USDH. Also read: New SLP Telegram Bots Introduced to Bitcoin Cash Supporters Simple Ledger Protocol Bounties The SLP universe is growing fast and there were a lot of developments in 2019 including […]

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Ronnie Moas and Vinny Lingham Come to Blows Over $20K Bitcoin Bet

Two Bitcoin community heavyweights engage in a Twitter battle after a Bitcoin price wager from 2018 appeared to go unhonored. Two well-known Bitcoin (BTC) figures have resorted to a painfully public Twitter exchange to settle an argument over a $20,000 unpaid bet. The heated debate, which is ongoing, revolves around a pledge which investor Ronnie Moas made in 2018.  Moas redistributes Ross Ulbricht BTC If Bitcoin was not worth $28,000 by the end of last year, Moas said he would donate the lump sum to FreeRoss.org, the […]

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Bitcoin Nears $7.5K: Why a Bull Market Is Closer Than You May Think

Bitcoin price pumped 7% on Jan. 3 as exchanges may have tried to offset the impact of “proof of keys” and lure in new cryptocurrency traders. Bitcoin price (BTC) is currently resting just shy of $7,500 after an impressive rally from around $6,850 on Friday, Jan. 3. Does this mean the bulls have taken control? Or is this a final relief rally before Bitcoin drops to fresh lows?  Daily crypto market performance. Source: Coin360.com Did exchanges manipulate price action? In last week’s analysis, I highlighted that the […]

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Top-5 Cryptos This Week (Jan 5): BSV, XMR, ETC, BCH, LEO

Few of the top five cryptocurrency performers of the past seven days are showing signs of bottoming out. Can they start a new uptrend? Coinbase CEO Brian Armstrong believes that rising cryptocurrency prices will generate massive wealth for the crypto investors in the 20s. His friends, Olaf Carlson-Wee and Balaji Srinivasan expect Bitcoin’s price to reach $200,000, due to which more than half of the world’s billionaires will be from the crypto space. Armstrong also anticipates that “ a “privacy coin” or blockchain with built-in privacy features” […]

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John McAfee Plans to Tokenize All 535 Members of US Congress

On Saturday, the notorious John McAfee revealed a new project he’s launching that aims to tokenize all 535 members of U.S. Congress in order to sell them on the open market. McAfee said that the U.S. representative tokens will be listed on his exchange McAfeedex so people can find out what their “representative is really worth.” Also read: Ross Ulbricht Supporters Auction Collectibles After BTC Price Wager Goes Sour Buying Politicians The former antivirus tycoon John McAfee is at it again with a new project that is […]

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Bitcoin Network SegWit Adoption Hits 66% After BitMEX Embraces Upgrade

Data suggests that up to two-thirds of all Bitcoin transactions now use SegWit, as more exchanges begin supporting the protocol. More Bitcoin (BTC) transactions now use so-called Segregated Witness (“SegWit”) technology than ever before, the latest data shows.  According to various resources including SegWit.Space, adoption of the protocol has reached up to 66% of all Bitcoin transactions as of Jan. 4.  Two in three BTC payments now SegWit The volume underwent a significant increase in late 2019, jumping from around 40% in September to nearer 60% in […]

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Who Got Gifts from Crypto Santa in 2019… and Who Got Coal

Crypto Santa has done his rounds for Christmas after checking his naughty and nice list. But which crypto players got coal this year, and which got presents? On Christmas Eve, Crypto Claus did his rounds after checking the list to see who was naughty and nice. But who got some lovely presents after making a positive impact in 2019 — and who got coal for setting the industry back? Here, we take a look at the people and businesses who have had a year to remember — […]

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Most Significant Hacks of 2019 — New Record of Twelve in One Year

There were 12 major cryptocurrency exchange hacks in 2019. In total, over $292 million and over 500,000 pieces of customer data were stolen. Twelve major cryptocurrency exchange hacks occurred in 2019. Of these, 11 hacks resulted in the theft of cryptocurrency while one only involved stolen customer data. In total, $292,665,886 worth of cryptocurrency and 510,000 user logins were stolen from crypto exchanges in 2019. Cryptocurrency exchanges experienced more hacks last year than in 2018, when only nine cryptocurrency exchanges fell victim to security breaches. As time […]

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Travala Scores 33% Revenue Growth With 60% of Bookings Paid With Crypto

Travala, the online platform that allows crypto users to book hotel rooms in thousands of destinations around the world, has registered remarkable growth in bookings during the Christmas holiday season. More than half of those in December were paid in cryptocurrency, with bitcoin cash among the preferred options. Also read: User Reports Reveal Visa and Mastercard Outages During the Holidays Over 1,500 Rooms Booked in December Rooms booked via the Travala.com website have been steadily rising throughout 2019, crossing another milestone last month, the travel agency announced […]

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