Category: Blockchain

2020 marks a new era for mining institutionalization, bringing with it both benefits and challenges. There are very few investments that can deliver an infrastructure-style downside case with a venture-capital-style upside. The combination of energy arbitrage with accumulating a balance sheet of Bitcoin (BTC) can deliver this. That is why we are seeing a rush…

CBDCs won’t fundamentally be changing anything — central banks still want to control your wealth and your money. By Mark Binns Mark my words: Governments and central banks will never care about your wealth and your privacy as much as you do. That reality is exactly why central bank digital currencies are dead in the…

The launch of a new ‘censored’ mining pool has some Bitcoiners worried its a harbinger of things to come. Blockchain analytics platform BlockSeer has launched the private beta version of a new Bitcoin (BTC) mining pool (Blockseer Mining Pool) that censors transactions from blacklisted wallets. The pool will use BlockSeer and Walletscore’s labeling data among…

In a record-breaking year, the SEC seized $4.68 billion — more than a quarter of which came from cryptocurrency-related firms. The Enforcement Division of the U.S. Securities and Exchange Commission has collected more than $4.68 billion in illegal income and fines this year so far — with more than one quarter coming from Telegram’s ill-fated…

By Thomas J Ackermann – Serial Entrepreneur, CyberDefense & Blockchain Architect In the current edition of CAPITAL magazine Germany is a short article on “Digitalization” in Germany (above) – it uses a “blockchain driven” company to show governments how to use technology to make paperwork-based processes faster and more convenient for all involved. The company…

Deutschlands Bankenbranche ist im Umbruch – das zeigt sich unter anderem an der sinkenden Zahl der Bankfilialen. Das zeigt die Statista-Grafik auf Basis von Daten der Deutschen Bundesbank. So gab es im Jahr 1997 noch über 66.000 so genannte Bankstellen (Kopfstellen plus Zweigstellen). Heute sind es mit etwa 28.000 Bankstellen rund 38.000 weniger. Damit ist…

Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash.” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as its primary treasury reserve. Public Company Now Holds Bitcoin as Cash Reserve Microstrategy Inc. (NASDAQ: MSTR), (Wikipedia), which describes itself…

ETH Transaction Fees Hit All-Time High Second Day in a Row Ethereum has been going skyhigh in more ways than one. According to blockchain data platform Blockchair, the average transaction fees paid by Ethereum users have reached a new record average of over $7.50. During a similarly congested period from June – July 2020, Ethereum…

Confirmed malicious Tor exit capacity controlled by a malicious player. Stealing Bitcoin from Tor users is easy. According to recently published research, an attacker has found vulnerabilities in the Tor browser network that might have allowed them to steal Bitcoin (BTC) from users. Tor was developed by the U.S. government for anonymous internet communication and…

6,2 Milliarden Euro Risikokapital wurden laut der Wirtschaftsprüfungsgesellschaft EY 2019 in deutsche Start-Ups investiert, das entspricht einem Plus von rund 36 Prozent gegenüber dem Vorjahr. Davon gingen etwa 3,7 Milliarden Euro an Berliner Unternehmen. Damit ist die Bundeshauptstadt gleichsam auch Investitionshauptstadt. Mehr als die Hälfte (59 Prozent), der hierzulande in Start-Ups investierten Geldmenge ging an…

The Lightning Network is susceptible to attacks that could drain Bitcoin wallets by flooding the blockchain. A study published on June 29 revealed a way to drain Bitcoin (BTC) wallets’ funds on the Lightning Network by exploiting a bottleneck in the system. According to the “Flood & Loot: A Systemic Attack On The Lightning Network”…

Ethereum Classic performed its scheduled upgrade to bring Ethereum’s Istanbul features to the classic chain, making the two protocols fully compatible with each other. Ethereum Classic, the twin sibling of the Ethereum network, performed its scheduled Phoenix hard fork on May 31, which included features from Ethereum’s earlier Istanbul fork. The upgrade means that the…

Coinfloor’s CEO Explains Decision to Delist All Crypto but Bitcoin London-based cryptocurrency exchange Coinfloor will delist all cryptocurrencies but Bitcoin (BTC) to focus on Bitcoin only services in January. The United Kingdom’s oldest crypto exchange will delist all cryptos including the second-biggest altcoin Ether (ETH) and Bitcoin Cash (BCH) in conjunction with the 11th anniversary…

Jill Carson, co-founder of Open Money Initiative Opinion Piece – an interesting read: Jill Carson is co-founder of the Open Money Initiative, a non-profit research organization working to guarantee the right to a free and open financial system, and co-host of the What Grinds My Gears podcast. She also works as an advisor and consultant…

Vitalik Buterin has claimed that Ethereum will support 3,000 transactions per second after the upcoming Istanbul fork. By Miko Matsumura Will this unleash a new wave of Ethereum creativity? Might we expect a surge in traffic on the Ethereum network? Could its increase influence the price of ETH? Ethereum is slow The conventional wisdom is…

Canada-based cryptocurrency mining company Great North Data has submitted a bankruptcy filing, purportedly due to insolvency. As the Canadian Broadcasting Corporation reported on Dec. 4, Great North Data — which operated crypto mining facilities in Labrador City and Happy Valley-Goose Bay —  filed bankruptcy documents in late November, listing CA$13.2 million ($10 million) in liabilities,…

Russian mining and smelting giant Nornickel has commenced testing its digital platform for metals trading. As Bloomberg reported on Dec. 5, Nornickel began trialing its platform for digital metal tokens in collaboration with physical commodities trading group Trafigura Group Ltd., metals finance and logistics firm Traxys SA and materials technology and recycling group Umicore SA.…