Estonia has publicly signaled a desire to launch the first ever state-backed cryptocurrency, that would enable supporters to directly invest in the small European country. Also read: Chinese Bitcoin Exchanges Secretly Investing Customer Funds, Says Report Estonia Cryptocurrency Proposal Nested in "e-residency" The hypothetical cryptocurrency has been given the placeholder … [Read more...] about Estonia Wants to Launch a State Supported Cryptocurrency
Cryptocurrency
Cryptocurrency
Chinese Bitcoin Exchanges Secretly Investing Customer Funds, Says Report
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A recent report out of China may have solved the mystery of how Chinese bitcoin exchanges were able to remain profitable whilst operating on a zero fee platform. Also read: As of Today, Bitcoin Cash Has the Longer Blockchain Xinhua reported that the Huobi and OKCoin exchanges were investing customers' funds into what are known as Wealth Management Products (WMPs): … [Read more...] about Chinese Bitcoin Exchanges Secretly Investing Customer Funds, Says Report
As of Today, Bitcoin Cash Has the Longer Blockchain
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Bitcoin Cash (BCC) has surpassed Bitcoin as the longer blockchain, as lower difficulty brought in more hashing power. More Bitcoin mining pools are also offering members a BCC option. Also read: Ethereum ‘Difficulty Bomb’ May Not Happen for Another Year or Two At press time, the Bitcoin Cash blockchain was almost 200 blocks longer than Bitcoin. Lowered difficulty plus … [Read more...] about As of Today, Bitcoin Cash Has the Longer Blockchain
First Ever Invoice Financing Platform, Hive, Raises Millions in ICO
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The blockchain-based project, Hive, conducted their first token sale in which they raised over $8.95 million dollars worth of Bitcoin to fund the platform. Also read Ethereum ‘Difficulty Bomb’ May Not Happen for Another Year or Two Hive ICO Raises Millions Hive is a blockchain-based project that is intended to be a financing alternative for small and medium enterprises … [Read more...] about First Ever Invoice Financing Platform, Hive, Raises Millions in ICO
Ethereum ‘Difficulty Bomb’ May Not Happen for Another Year or Two
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There will be another delay for Ethereum mining's "difficulty bomb" and switch to a proof-of-stake (POS) network, developers say. The decision could affect miners' economic decisions in the near future, such as how much to invest in equipment and how much hashing power to devote to ETH. Also read: Shanghai Authorities Halt Blockchain Event, but No Fears of Wider … [Read more...] about Ethereum ‘Difficulty Bomb’ May Not Happen for Another Year or Two