Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests

Cryptocurrencies Like Bitcoin Cash Shine During Hong Kong ProtestsThe Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves from China’s system. […]

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ERC20 Tether Transactions Flip Their Omni Equivalent

Ethereum Tether Transactions Flip Omni-Based USDT TransactionsCrypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the […]

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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

High-Powered Mining Rigs Drive Bitcoin's Accelerating HashrateOn August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt […]

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Another Self-Proclaimed Satoshi Fails to Sway Crypto Community

Another person has attempted to claim the title of Satoshi Nakamoto, the creator of Bitcoin. According to a blog post published on August 18, this new person aims to expose his “real-life identity” through a series of written memoirs. The final ‘reveal’ will allegedly give the public the true answers to the decade long mystery. […]

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How Coinbase Quietly Became the World’s Biggest Bitcoin Bank

How Coinbase Quietly Became the World’s Biggest Bitcoin BankOn August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more than $7 billion under custody. Also Read: Hong Kong Protest Leader Hopes to […]

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