This is an opinion editorial by Jonathan Buck, founder of JB & GS Mining GmbH, a German bitcoin mining hosting company.In April 2022, the Central African Republic (CAR) adopted bitcoin as legal tender, becoming the…
DeFi Giant MakerDAO Avoiding Shutdown in the Face…
As Ether’s price sees record losses, MakerDAO, the biggest player in decentralized finance (DeFi) on the Ethereum network, is looking at responses including a shutdown — though that possibility remains unlikely at this point. Markets…
AsicBoost Dominates Bitcoin Mining, Solving Bitmain’s 2017 Controversy
Bitcoin (BTC) miners openly using AsicBoost are now comprising 63% of its network hashrate. This vindicates community concerns from 2017 that accused Bitmain of using the “covert” version of AsicBoost. The statistic was highlighted on…
US Fed Unveils $1.5T Rescue Injection But Will…
Equities markets and the crypto market continue to struggle as Europe and the United States enact increasingly drastic measures to ward off the spread of the Coronavirus. Among the general public and investors, there is…
Amid Market Downturn, Number of People Owning 1…
Amid the ongoing crypto market decline, the number of crypto wallets containing one Bitcoin (BTC) or more continues to rise. According to major blockchain analytics firm, Glassnode, the number of Bitcoin addresses holding one or…
Record-Breaking Bitcoin Volume On Binance Points to Possible…
Bitcoin did the unthinkable early this morning and lost support at $7,500, causing the cryptocurrency to plunge to $5,800 in a 30-minute long hell candle. The sell0ff driven by growing coronavirus and recession fears, has…
Fintech in the United Kingdom After Brexit
The first round of negotiations between the United Kingdom and the European Union to determine their future, post-Brexit relationship took place between March 2 and March 5 in Brussels, Belgium. The outcome of these negotiations…
Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day…
Binance chief Changpeng Zhao referred to it as “Bloodbath day,” and many in the cryptosphere will echo those sentiments, as fallout from the COVID-19 pandemic reverberates through global markets. As crypto exchanges were thronged by…
Silver, Gold and Bitcoin: Even Safe Haven Assets…
When a crisis hits, investors move their capital into safe-haven assets like gold and silver. Bitcoin shares similar attributes as these precious metals, and a growing narrative suggesting it too will become a safe haven…