Monthly Archives: January 2020

Close to 11 Million BTC Haven’t Moved in Over a Year

According to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 60% of the current minted supply and it’s the largest number of dormant coins since the start of 2017. Also Read: Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance 10.7 Million BTC Stays Put for a Whole Year The fintech and cryptocurrency analytics company Digital Asset Data recently published findings that show the number […]

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US Treasury to Complete PoC of Blockchain-Based Grants Payment System

The U.S. Treasury Department has almost completed tests of a blockchain-based grants payment capability. The United States Treasury Department has almost completed tests of a blockchain-based grants payment capability as part of the exploration of how the tech can improve such operations. As the Business of Federal Technology reported on Jan. 10, the Treasury Department launched a program designed to discover whether blockchain could provide more efficiencies into the operations of a blockchain-based grants payment system. Currently, the agency has almost completed a Proof-of-Concept for a blockchain-based […]

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Experts Share: Which Altcoins Should Be Watched Closely in 2020

Which altcoins could go to the moon in 2020? Experts share. Alexander Zaidelson, CEO of Beam I closely watch the developments in the privacy space — Zcash, Monero, Grin and of course Beam. Whale Alert Since Whale Alert covers the largest blockchains with a goal to expand to cover at least 99% of the value of all blockchain transactions, I try to keep up with as many existing and upcoming coins as possible. Erik Voorhees, CEO of ShapeShift ETH, EOS, ATOM, BNB, XMR/ZEC, MKR, and of course […]

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BitPay Integration Lets Users Buy Gold With Cryptocurrency

BitPay integrates with OneGold mobile app, allowing crypto users to purchase gold using Bitcoin and other digital currencies. OneGold, an online marketplace for buying, selling and redeeming precious metals, announced a partnership with BitPay on Jan. 13 that will allow crypto users to purchase gold and other valuable metals on Android and iOS devices.  Through the integration with BitPay — a leading Bitcoin payment service provider that currently supports over 30,000 merchants, including Microsoft and Avnet — OneGold’s new mobile app will accept payments in Bitcoin (BTC), […]

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Wasabi Wallet Launches #BitcoinIsSafe Campaign to Counter Erroneous Antivirus Detections

Recently, Wasabi Wallet users have reported multiple instances in which antivirus programs identify both Wasabi and the newly integrated Bitcoin Core as “system infections.â€� More specifically, the computer security algorithms for Avira, Bitdefender, Kaspersky and F-Secure (and many other antivirus softwares) confuse full Bitcoin nodes with unwanted cryptocurrency mining programs that run in computer backgrounds and steal processing power (a type of malicious attack whose popularity peaked during the 2017 bull market). In response to this phenomenon, Wasabi Wallet developers have started a social media campaign — […]

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Analytics Firm Training Students to Detect Cryptocurrency Scams

CipherTrace launched a program to provide students with tools and analytics to detect and combat crypto scams. Cryptocurrency analytics firm CipherTrace has launched “Defenders League,” a program designed to provide students with the training and tools necessary to investigate crypto-related scams.  On Jan. 13 CipherTrace announced partnerships with the Middlebury Institute of International Studies at Monterey, Middlesex University London, and the Blockchain Acceleration Foundation (BAF). The Defenders League will initially consist of graduate students from Middlebury and Middlesex, along with BAF students at nine universities located across […]

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Japan and Philippines Discuss Pro-Crypto Laws, Cooperation Among Asian Countries

Japanese Minister Naokazu Takemoto and Philippine Cabinet member Raul Lambino of Crypto Valley of Asia recently met to discuss Asian countries’ crypto regulations. They urge the Philippine Congress to introduce legislation on cryptocurrencies and security tokens, calling for cooperation among Asian countries. Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws Officials From Japan and Philippines Discuss Crypto Regulations Naokazu Takemoto, Japanese Minister of State for Science and Technology Policy, visited Manila last week to meet with Secretary Raul Lambino, administrator and CEO […]

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On the Coast of El Salvador, Bitcoin Is Becoming the Standard

When Michael Peterson made a semi-permanent move to El Salvador, the California native’s motive was simple and, well, fittingly expected: He wanted a place to surf in the wintertime.  “I came to El Salvador on a surf trip and I just kind of fell in love,â€� he explained. “The water’s warm, the waves are great, the people are super friendly. So my wife and I decided to buy a house and move there — that was 14 years ago.â€� Now, in a less-than-expected twist, Peterson is working […]

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Bitcoin Options Launch Imminent as CME Open Interest Hits 7-Month High

“Seriousâ€� global interest in futures is accompanying the launch of two options products, as open interest also extends higher. Bitcoin (BTC) futures traders generated at least $20 billion in daily volume last week as two new options products prepared to hit the market.  According to data released by futures provider CME Group on Jan. 9, its futures contracts alone saw open interest almost 70% higher than at the end of 2019. “Serious” volume precedes options debut Open interest was the among the highest ever last week, only […]

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Digital Currency Manual for Chinese Officials in High Demand, Enters Second Printing

Chinese officials are showing high demand for a manual on digital currencies that summarizes its main concepts, which demonstrates interest from the government. A 200-page manual titled “Digital Currency: A Reader for Cadres” entered its second printing in January. The high demand signals interest from China’s government amid confusing regulations on cryptocurrencies. The handbook was first released in November, and includes a comprehensive set of 23 articles, starting from the basics of digital currencies to their impact on global finance. Yinan Zhao, a Bloomberg reporter covering the […]

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