2019-11-22 20:50 |
Protesters across the globe are testing out bitcoin and other decentralized technologies – then promptly discovering their limitations. origin »
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The government in Iran recently decided to raise the price of gas by 50% as they ration gas, and it hasn’t sat well with the locals. The changes seem to be connected to the limitations by US sanctions on Petro Dollars, which meant that the country had to reduce their subsidies. The new was given […]
2019-11-18 16:32 | |
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Malaysia is set to become the latest country to impose restrictions on cash transactions. The move could force more people to look towards bitcoin and crypto adoption in general as a way of getting around such limitations.
2019-11-8 18:40 | |
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Bitcoin users in Lebanon have numerous hurdles to overcome to develop a local market during the nation's economic crisis.
2019-10-29 23:30 | |
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CoinShares, a leading digital assets management firm, has joined forces with Blockchain wallet and MKS, a Geneva-based precious metals trading firm, to develop DGLD, a gold-backed token powered by the Bitcoin distributed ledger technology (DLT) network.
2019-10-16 18:00 | |
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Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD.
2019-10-14 08:00 | |
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The payment system, although permanent to our society, has witnessed a change in the definition of assets and its providers. Same can be said for today’s fiat industry that is currently being challenged by the era of cryptocurrency.
2019-8-12 21:39 | |
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CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceKomodo, a multi-blockchain technology platform, today announced that Antara, an end-to-end “Smart Chain” development framework, has gone live.
2019-7-16 18:12 | |
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On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.
2019-7-13 21:30 | |
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Bitcoin Cash promoter Roger Ver realized fiat currency’s limitations during his earliest business ventures. In a recent conversation with budding interviewer Jouell Wright, Ver stated that “When Bitcoin came along, it solved all of those online payment problems.
2019-7-1 23:30 | |
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Going against the tide of crypto adoption, Australia’s central bank published a comprehensive report aimed at glorifying their domestic fiat against Bitcoin. The primary argument made by the Reserve Bank of Australia (RBA) was related to the network speeds, scalability and mining costs of Bitcoin, although the ultimate focus was on flaunting Australia’s fiat network’s current performance.
2019-6-21 22:00 | |
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temtum, the next generation payments network designed to solve inherent problems with existing cryptocurrencies 2019, London, UK – Following the completion of its Temporal Blockchain and mainnet solution, temtum (TEM) will see the next generation cryptocurrency deliver feeless, instant transactions, backed by a highly scalable and quantum secure network.
2019-6-7 21:03 | |
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While several projects prefer to use centralized repositories to store data during Know Your Customer (KYC) procedures, these databases exhibit several limitations such as susceptibility to hacks and high cost of management, which can be mitigated by distributed ledger technology (DLT), reports TechRadar on May 14, 2019.
2019-5-16 23:00 | |
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It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that.
2019-5-13 21:33 | |
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Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network.
2019-5-8 00:53 | |
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Nouriel Roubini, a cryptocurrency critic and economist popularly known as ‘Dr. Doom’ is of the stance that cryptocurrency is not money and faces serious limitations in terms of its use, calling cryptocurrency, history's largest bubble.
2019-5-4 20:09 | |
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The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-border payments, after it discovered that markets with efficient payment systems that exist (such as Nordic countries and the Netherlands) don’t really benefit from blockchain.
2019-5-1 17:15 | |
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If you want to protect your privacy online, you need to know about and start using Tor. In this article, we will talk about what Tor is, along with who uses it and why. From there, we’ll get into exactly how Tor works, how it provides anonymity and the limitations of the service.
2019-4-23 12:26 | |
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Brendan Blumer, one of the executives behind EOS, criticized Bitcoin’s slow transaction times, low transactions per second, and high costs per transaction (when inflation is considered). Brendan Blumer, the 32-year-old CEO of Block.
2019-4-8 23:39 | |
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Samourai Wallet announced this month that its latest update supports Tor integration, offering additional privacy for users. What Does Tor Integration Enable?In a conversation with Bitcoin Magazine, Samourai’s lead developer, who is known simply as “TD,” gave a rundown of the Tor integration.
2019-3-27 20:38 | |
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A supreme court advocate has explained the limitations of the Indian government’s power to regulate cryptocurrency, determining that the court should not get involved. Meanwhile, the crypto community awaits the government’s regulatory framework and the supreme court hearing of the petitions against the banking ban by the central bank.
2019-3-5 10:35 | |
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Blockchain technology has attracted significant attention since it was brought into the limelight a decade ago by Bitcoin (BTC) and the innovation has gradually been gaining traction in several industries across the globe, however, distributed ledger technology (DLT) is yet to become the game-changer, reported McKinsey & Company, an American management consulting company, on January 6, 2018.
2019-1-8 18:00 | |
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Yet another tool is being added to Bitcoin’s growing number of privacy solutions. Thought up at a brainstorming event attended by Bitcoin developers and privacy researchers last summer, Pay to Endpoint (P2EP) is a relatively new trick that utilizes the well-known CoinJoin mixing technique to make blockchain analysis much harder.
2019-1-1 19:31 | |
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Roger Ver offered $1. 25 million to OpenNode, a lightning network software company, to build on top of Bitcoin Cash. OpenNode declined, stating “our vision of a better, more open financial system is only possible with Bitcoin.
2018-12-31 04:32 | |
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CoinSpeaker Crypto Year in Review: How Bitcoin Cash (BCH) Performed in 2018 and What Hides in 2019? Bitcoin Cash was created for the purpose of overcoming the limitations faced by Bitcoin Core, such as block size, to provide more space for transactions.
2018-12-28 12:30 | |
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In this latest roundup of crypto chatter from social media, Vitalik Buterin sparks debate by declaring that he doesn’t believe in proof of work. Also, developer Rhett Creighton is accused of foul play in the Bitcoin Private pre-mine scandal.
2018-12-27 14:15 | |
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First hinting at his project in a reply to a BitPay tweet on August 2017, Nicolas Dorier boldly claimed that BTCPay would make one of crypto’s most popular payment processors obsolete.
2018-10-24 22:00 | |
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While the International Word Bank Organization believes that distributed ledger technology (DLT) could fundamentally transform the existing financial sector, the World Payments Report 2018, published on October 16, 2018, concludes DLT cannot keep up with the financial market demands due to many problems and challenges facing DLT adoption.
2018-10-19 13:00 | |
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Jim Cunha, the Senior Vice President of Treasury and Financial Services at the Federal Reserve Bank of Boston, spoke about cryptocurrency and blockchain at the Forbes‘ 30 Under 30 summit in the Massachusetts capital.
2018-10-5 23:00 | |
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Today marks the official release of Bitcoin Core 0. 17. 0, the 17th generation of Bitcoin’s original software client launched by Satoshi Nakamoto almost 10 years ago and still the dominant Bitcoin implementation on the network today.
2018-10-3 16:28 | |
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Many decentralized exchanges (DEX) have made a name for themselves in 2018. These platforms adhere to the rationale Satoshi originally identified in the Bitcoin whitepaper. Decentralized exchanges have become more user-friendly, but there are still major limitations and improvements needed for mass-adoption of DEX platforms.
2018-9-17 12:30 | |
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Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
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One of the key tradeoffs in blockchain design is whether to build more functionality into base-layer blockchains themselves (“layer 1”), or to build it into protocols that live on top of the blockchain, and can be created and modified without changing the blockchain itself (“layer 2”).
2018-8-28 04:03 | |
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What follows is an open letter from Jimmy Zhong, co-founder and CEO of IOST, to his team members and shared with Bitcoin Magazine with permission. Recently, I’ve been thinking about an ultimate way of safely storing value — gold, Bitcoin, real estate and power all came to mind.
2018-8-23 22:20 | |
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A new way to trade bitcoin and digital currencies is now in the books. SparkSwap is the first crypto exchange to be built on the Lightning Network. It allows users to trade both bitcoin and altcoins in seconds without depositing assets with a third party.
2018-8-10 18:32 | |
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Bitcoin prices suffered on Wednesday, following the cryptocurrency-bashing opened by popular economist Paul Krugman and banking institution Goldman Sach’s Chief Investment Officer Sharmin Mossaver- Rahmani’s pessimism in mass adoption of blockchain technology for currencies.
2018-8-4 00:35 | |
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According to Union Bank of Switzerland (UBS), Bitcoin's extreme volatility and instability put too much limitations on it to be considered as a mainstream asset class. The post Union Bank of Switzerland Says Bitcoin Should Hit $213,000 to Replace U.S. Dollar appeared first on CoinSpeaker.
2018-8-3 12:35 | |
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The Cardano blockchain comes with an innovative Proof of Stake protocol known as Ouroboros. The new blockchain transaction verification system’s details were first revealed in a research paper released by IOHK founder and CEO Charles Hoskinson in April.
2018-7-16 17:19 | |
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Augur, a blockchain-based predictions platform, has opened to the general public. The platform becomes the “world’s first” decentralized prediction-market platform.
2018-7-10 19:14 | |
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Boomstarter. Network, the biggest platform in Eastern Europe generating pre-sales for startups, moves to blockchain to challenge a number of limitations that constrain existing crowdfunding services.
2018-7-3 12:30 | |
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The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
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Litecoin is a persistent frontrunner in the payment cryptocurrency race. With technological limitations, many Bitcoin (BTC) investors have shifted to Litecoin (LTC)—an open-source fork of Nakamoto’s original cryptocurrency with founder Charlie Lee.
2018-7-1 23:00 | |
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As things currently stand, most of the big blockchain players such as Bitcoin and Ethereum are subject to a variety of systemic limitations which hamper mass adoption. One such issue is their scalability, which is poor primarily due to the consensus mechanisms they employ.
2018-6-28 06:00 | |
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Witek Radomski — co-founder and CTO of Enjin Coin — has developed ERC-1155, a new standard for defining video game tokens on the Ethereum blockchain. Radomski’s journey to improve the gaming experience began 12 months ago in June 2017, when he created code for the first non-fungible token.
2018-6-26 00:25 | |
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Jeff Garzik first tuned the world into his latest venture in the fall of 2017. The Bloq co-founder unveiled Metronome (MET), a cryptocurrency he founded alongside Matthew Roszak, at the Las Vegas Money 20/20 conference in late October, and the project caught the attention of Bloomberg and Fortune at the time.
2018-6-16 23:51 | |
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Venmo could be the ultimate cryptocurrency experience from a user-experience perspective. Any cryptocurrency that seeks to power the future of global transactions must ensure that it is supported by a payment system that is simple, user-friendly and free — like Venmo.
2018-6-11 16:51 | |
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The crypto and US equities markets started the week on the worst possible note, reacting negatively to the launch of the Chinese AI platform DeepSeek. Despite the initial downturn, the Bitcoin price has since returned above the $100,000 level, moving mostly sideways to close the week.
Genius Group's Bitcoin expansion could influence educational tech firms to integrate cryptocurrency strategies, impacting market dynamics. The post AI-driven Genius Group plans $100 million Bitcoin treasury expansion through rights offering appeared first on Crypto Briefing.
As a pleb with a “fiat job,” you have an important role to play.
The CNB approves plan to explore allocating a portion of its ˆ140 billion reserves to Bitcoin.
The Czech central bank's exploration of Bitcoin for reserves could signal a shift towards digital assets, impacting global reserve strategies. The post Czech central bank approves proposal to explore Bitcoin for foreign exchange reserves appeared first on Crypto Briefing.
Grayscale, the asset management firm behind spot Bitcoin exchange-traded fund GBTC, has announced the launch of Grayscale Bitcoin Miners ETF. The new ETF, with the ticker MNRS, targets investors eyeing investment opportunities across companies offering Bitcoin mining services.
Grayscale's ETF could drive increased investment in Bitcoin mining, potentially boosting industry growth and influencing Bitcoin's market dynamics. The post Grayscale rolls out Bitcoin Miners ETF, taps into global Bitcoin mining ecosystem appeared first on Crypto Briefing.