Fidelity Digital Assets, a section of Fidelity Investments concentrating on wealthy cryptocurrency investors, has announced it has found the next Lightning Network Torch (LNTorch) holder after it received the torch from a previous holder. In a tweet, Fidelity Digital Assets noted: We and our research team at the Fidelity Center for …
Read More »Venezuelan economist prefers Bitcoin & crypto since holding fiat is ‘financial suicide’
With an annual inflation rate of 1,700,000%, Venezuela is a hard place to survive for those relying on the official government-issued currency, bolívar. An economist in the country indicates that holding bolivars is ‘financial suicide’ that’s why he has turned to Bitcoin & crypto to survive. In an article which appeared on the New …
Read More »Two Brothers Arrested In Connection To 2022 Bitfinex Hack
Two brothers from Israel have been arrested in connection to the 2016 Bitfinex hack that saw the loss of around 119, 756 bitcoins. The two are Eli and Assaf Gigi who are based in Jerusalem. They are also accused of being involved in a crypto scheme where they accessed trader’s …
Read More »QuadrigaCX mystery intensifies after cold wallet found empty
QuadrigaCX mystery intensifies after one of the cold wallets has been found empty. After the death of the CEO of the exchange, Ernst & Young was put in charge in order to track and investigate QuadrigaCX, once Canada’s largest cryptocurrency exchange. An initial report found the exchange used 6 cold wallets to store …
Read More »Seized Bitcoins soon to be disposed by the oldest law enforcement agency in the U.S
The oldest law enforcement agency in the United States, U.S Marshals Service, is calling on cryptocurrency firms to help in disposing seized Bitcoins. The law enforcement agency is looking for cryptocurrency firms that have a secure way to store the seized Bitcoins and also firms that are capable of facilitating a refund …
Read More »The recent Bitcoin rally signals a downward spiral, Bloomberg
An analysis of the latest Bitcoin rally has shown that the price of Bitcoin may be heading towards a downward spiral. The analysis by Bloomberg has indicated that the recent Bitcoin rally that projected a “long-term buying demand” is slowly cooling down. In turn, massive selling is likely to be witnessed. The …
Read More »The court asks Jeff Garzik to support his claims that the late David Kleiman was Satoshi Nakamoto
Jeff Garzik, a software engineer believed to have helped in the creation of Bitcoin, has been invited to appear before the U.S District Court of the Southern District of Florida, to shed some light on his earlier claims that the late David Kleiman was Satoshi Nakamoto, Bitcoin’s anonymous creator. The court’s request …
Read More »Bitcoin Cash signalling Schnorr signature upgrade
The bitcoin cash blockchain is about to experience an upgrade that goes by the name “Schnorr signature”. The upgrade is set to take effect around the 15th of may 2019 as a protocol upgrade. According to reports, the protocol upgrade will enable a number of new features once its activated. One of …
Read More »Tom Lee: August’s Bitcoin (BTC) bull run will be for healing purposes
Tom Lee, a Bitcoin ambassador, has this time around restricted himself from giving a specific price for Bitcoin during the next Bitcoin (BTC) bull run which he slated for August. In 2018, Lee predicted that a Bitcoin (BTC) bull run would take place and Bitcoin would close the year at a high …
Read More »Switzerland’s largest online store adds a crypto payment option
Digitec Galaxus, Switzerland’s largest online store, has added a crypto payment option which will feature Bitcoin among other top cryptocurrencies. In an announcement posted on the store’s official website, customers shopping can now enjoy the convenience of cryptocurrencies such as Bitcoin “as well as a number of altcoins such as …
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