New Research Estimates Satoshi Nakamoto Owns Around 700,00 BitcoinsA new report from Bitmex Research suggests that the most dominant miner (presumably, Satoshi Nakamoto, the mysterious creator of Bitcoin), has generated around 700,000 BTC. This number is somewhat lower than what blockchain researcher Sergio Demian Lerner said it to be back in 2013.
Despite Decline in Bitcoin Prices Mining Hash Rate Keeps RisingDespite the significant decline in Bitcoin prices since the beginning of 2018, the network’s hash rate continues to increase showing a complex nature of economics of cryptocurrency mining.
Bitcoin True Mass Adoption Will Take Time Says Coinbase CEOEven though usage of Bitcoin and other cryptocurrencies is steadily increasing each year, Brian Armstrong, the CEO of San Francisco-based cryptocurrency exchange Coinbase, believes that it will take some time before they will reach true mass adoption for payments, at least in the United States.
Nick Szabo Casts Doubt on Bitcoin ETF BenefitsWhile many commentators believe a regulatory approved Bitcoin exchange-traded fund (ETF) could boost prices of the largest cryptocurrency, blockchain pioneer Nick Szabo says it might cause more problems than it’s actually worth.
Crypto Market Falls Below $200 Billion to a New 2018 LowFalling prices of the vast majority of cryptocurrencies have sent the total market capitalization back below $200 billion on Tuesday, August 14, with Bitcoin falling below $6,000.
CME Group Says Bitcoin Futures Average Daily Volume up 93% in Q2Bitcoin futures trading activity at the Chicago Mercantile Exchange (CME) increased by 93 percent in the second quarter over the first quarter of 2018, the company revealed in a tweet July 20.
Newly Created Industry Group Initiative Aims to Address Bitcoin Scalability IssuesA team of Bitcoin engineers has announced the launch of the Bitcoin Operations Technology Group (Bitcoin Optech) addressing the problem of Bitcoin’s scalability, according to their statement published July 20.
Exclusive: RSK Labs CEO Diego Gutiérrez Zaldívar on Bitcoin Smart Contracts Sidechain and Crypto Industry ChallengesFormerly known as Rootstock, RSK Labs is an Argentinian startup building the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the miners through merge-mining.
Satoshi Writing a Book? Bitcoin Creator Said to be Revealing Cryptocurrency MysteriesAt 11:45 p.m., June 29, 2018, someone claiming to be Nakomoto published 21 pages of new material—a sneak preview, allegedly, of a book about the origins of the first cryptocurrency.
Exclusive. Erik Voorhees: There Were No Winners in the Bitcoin Block Size DebateRecalling some of the last year’s events, Erik Voorhees says the community is already deeply split and, unfortunately, there were no winners in the stand-off between the Bitcoin Core and Bitcoin Cash proponents.
Bitcoin Core Version 0.16.1 ReleasedBitcoin Core 0.16.1, a new minor version including new features and performance improvements, has been officially released, according to an announcement made on Friday, June 15.
Goldman Sachs to Launch a Bitcoin Trading DeskGoldman Sachs is planning to launch a new cryptocurrency market on Wall Street by offering Bitcoin futures contracts, a move that could strengthen institutional adoption of digital assets.