Expert: Bitcoin has restarted the financial world
Bitcoin was created in order to solve several financial problems. That’s what a crypto-evangelist and blockchain technology advisor Sergey Sevantsyan said in an interview for LetKnow.News.
Jack Dorsey says now is our chance to build a global currency for the internet
Jack Dorsey is best known for co-founding Twitter, the micro-posting website that now has around 330 million users around the world. In 2009, the computer programmer also co-founded Square, which was originally designed to help small businesses accept credit cards.
100 Bitcoin Users Perform What Might Be Largest ‘CoinJoin’ Transaction Ever
The community behind the privacy-centric bitcoin app Wasabi Wallet recently brought together 100 people to collectively execute a “CoinJoin” transaction on bitcoin in what might be the biggest event of its kind.
Reports Suggest Bots Make A Majority Of The Transaction On DApp
The latest report published by AnChain.AI a blockchain startup, suggest that the majority of blockchain DApps are finding it difficult to strengthen the user base. As per their statistics, almost 75% of transactions on the EOS DApps are automated and are made by bots.
$778 LTC transaction costs user $17,500 in transaction fees
It appears someone sending LTC has made a grave error, by sending LTC with a rather abnormally large transaction fee across the blockchain.
CNBC’s Brian Kelly Explains Why Bitcoin Is Headed for a New All-Time High
On Wednesday (April 10), Brian Kelly, the founder and CEO of crypto hedge fund BKCM LLC, said that solid fundamentals are behind the "resurgence" of interest in Bitcoin (BTC), and explained why he believes that the Bitcoin price is headed for a new all-time high.
“Satoshi's Treasure”: how to earn $1,000,000
Cryptocurrencies are not about only transactions, trading and endless hackings of crypto exchanges. There is a huge community with a great sense of humour and of course money behind the coins. Some participants don’t even mind spending $1 million to arrange a "rat race" and unite like-minded people.
Expert: cryptocurrencies are not suitable for micropayments
Infrastructure of cryptocurrencies was not developed for a large number of micropayments. That’s what Andrei Sobol, a developer of SatoshiFund told LetKnow.News.
Report: Ether Transaction Volume on DApps Registers New All-Time-High
Ether (ETH) volumes on decentralized applications (DApps) have registered a new high, but new DApps coming on-chain are significantly low, crypto analytics firm Diar reported on May 6.
A single Bitcoin Cash address is responsible for nearly 50% of the network’s transactions in the past month
One single address on the Bitcoin Cash (BCH) network has accounted for nearly half of all the transactions in the past month.
Bank of America concerned about cryptocurrency transactions; secures patent for risk assessment
Bank of America [BoA], the second largest bank in the United States based on assets held, signaled their concern for the cryptocurrency community. The North Carolina-headquartered bank secured a patent for a cryptocurrency risk detection system.
Diar: Bitcoin Transaction Volume Shows Signs of Bull Market as Quarterly Trend Reverses
On-chain transactions on the bitcoin (BTC) network hit fresh highs not seen since 2017 in April, industry newsletter Diar noted on April 30, quoting blockchain data provider TokenAnalyst.
Traders Pulled Out $165 Million From Bitfinex In The Past 12 Hours
Bitfinex has withdrawn around 17,000 bitcoins from its wallet as part of a financial battle over missing funds worth $850 million.
US Gov’t Blockchain Spending Expected to Increase 1,000% Between 2017-2022
The United States federal government is expected to raise its blockchain spending to $123.5 million by 2022 — an over 1,000% increase as compared with the $10.7 million it spent in 2017. The forecast was made in a report from IDC Government Insights, published on April 18.
Bitcoin network surpasses 400M transactions, community celebrates major milestone
The number of transactions on the Bitcoin blockchain ledger has surpassed 400 million with block 570,761. These transactions were made during bitcoin’s ten years of existence and were celebrated across the Bitcoin community.
New Data Shows Users ‘Overpay’ As Bitcoin Fees Lower Than Wallets Suggest
Bitcoin users are overpaying significantly on transaction fees, new analysis warned April 4 as the cryptocurrency’s bull run sparked a surge in activity.
Barclays, RBS, R3 Cut Property Transaction Times in Blockchain Trial
Barclays, Royal Bank of Scotland (RBS), enterprise blockchain firm R3 and other participants have completed a blockchain trial that they say resulted in faster property transactions.
Tether network registered highest number of transactions on record
On March 31, the Tether network registered 38,150 transactions which is an all-time high. Meanwhile, Tether Limited, the company behind the token, renewed the token’s collateral policy.
Cisco Reports: By 2027 Blockchain Will Capture 10 Trillion of the Worlds Wealth
The technology conglomerate Cisco recently released a new report on blockchain. In the report they discuss how they see the technology being used, what the advantages of blockchain are and what financial impact they expect blockchain to have on the market.
Binance-Backed OTC Firm Releases Anti-Money Laundering Compliance-as-a-Service Product
Binance-backed over-the-counter (OTC) desk Koi Trading has partnered with IdentityMind, a platform for online risk management, to develop an Anti-Money Laundering (AML) compliance-as-a-service product. The development was announced in a press release published on March 12.