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  • Not Enough Companies Accepting Bitcoin Payments: What Needs to Change?

    Not Enough Companies Accepting Bitcoin Payments: What Needs to Change?

    Analysis Bitcoin News News
    TwitterFacebookWhatsAppGoogle+BufferLinkedIn A new survey has revealed that Bitcoin might still be struggling to make a dent as a medium of exchange, as companies are still not using them as payment methods. The survey was conducted by popular programming community website StackOverflow, which surveyed almost 90,000 developers, representing companies from different verticals in the U.S. The study shows that 80 percent of the organizations don’t make use of blockchain technology. Four percent of the respondents use blockchain…
  • Cryptocurrency Market Update: Higher Highs Incoming (BTC & BNB Analysis)

    Cryptocurrency Market Update: Higher Highs Incoming (BTC & BNB Analysis)

    Analysis Bitcoin News News
    TwitterFacebookWhatsAppGoogle+BufferLinkedIn From yesterday’s high at around $174,223,193,840 the evaluation of the cryptocurrency market cap has decreased by around 9.1% as it came down to $158,320,949,057 at its lowest point today. Trade Crypto with eToro Looking at the cryptocap index we can see that a breakout from the ascending triangle occurred as the evaluation started moving to the downside with strong momentum but it found support around the vicinity of the prior low levels. The evaluation has…
  • Bitcoin Trader Sentenced to Two-Year Prison Term

    Bitcoin Trader Sentenced to Two-Year Prison Term

    Analysis Bitcoin News News
    Bitcoin trader Jacob Burrell Campos was sentenced on April 8, 2019, to serve a two-year prison sentence and to forfeit more than $800,000 “for operating an unlicensed money transmitting business.” The U.S. Department of Justice (DOJ) announced the conclusion of this case on its official website, claiming that Campos had already been in custody without bail for eight months prior to this verdict. He entered a guilty plea in late October, the DOJ stated, “admitting that…
  • Ethereum Fork “Dothereum” Arises Amid Polkadot Competition

    Ethereum Fork “Dothereum” Arises Amid Polkadot Competition

    Eth News News
    TwitterFacebookWhatsAppGoogle+BufferLinkedIn In recent weeks, Ethereum’s various stakeholders have faced the rising specter of possible competition from the Polkadot Network, the forthcoming interoperability-focused blockchain play backed by the Web3 Foundation and being built by Parity Technologies. Now, that specter has risen a little further as a pseudonymous developer has begun working on Dothereum — a copy of Ethereum built atop Polkadot’s technology. Debates have swirled around Ethereum as of late regarding whether its community should embrace a…
  • Japanese Bank Abandons Work With SBI Ripple’s ‘Money Tap’ App

    Japanese Bank Abandons Work With SBI Ripple’s ‘Money Tap’ App

    Blockchain Business
    Resona, one of the three Japanese banks working with SBI Holdings and Ripple on their cash transfer app Money Tap, is pulling out of the project. The bank – Japan’s fifth largest – announced the decision on Thursday, saying that it would cancel the remittance service provided through the app on May 13. It did not provide any reason for the decision, however. Money Tap was launched last October with participation from three banks: SBI Sumishin Net…
  • Enjin Launches Blockchain Asset Support for EnjinX Explorer

    Enjin Launches Blockchain Asset Support for EnjinX Explorer

    Blockchain Business
    TwitterFacebookWhatsAppGoogle+BufferLinkedIn Games have always been a major part of how technology builds public support. Enjin has created one of the fastest blockchain explorers out there. It is called EnjinX. Now Enjin has added support for ERC-1155 blockchain assets, based on a token standard, which the company’s CTO created. In general, blockchain isn’t user-friendly and crypto assets are intimidating to many users. EnjinX is a solution to these problems, and it could be one of the most…
  • As Supply Exceeds Demand, Mining Price War Ignites in Sichuan

    As Supply Exceeds Demand, Mining Price War Ignites in Sichuan

    Blockchain Business
    This article was originally published by 8btc and written by Chloe Jiang. The former director of Bitmain’s mining farm, a leading bitcoin mining operation, once said the wet season may not be as much of a boon for miners as many thought. As he expected, mining farms in Sichuan currently report that the supply of slots for mining equipment has far exceeded the demand. The wet season in Sichuan usually begins in April and ends in…
  • Binance Labs Grants $45,000 to 3 Open-Source Blockchain Startups

    Binance Labs Grants $45,000 to 3 Open-Source Blockchain Startups

    Exchange Latest
    Binance Labs, the investment arm of cryptocurrency exchange Binance, has awarded grants of $15,000 each to three startups developing open-source blockchain technologies. Receiving the grants are Ironbelly, a mobile wallet for the Grin/Mimblewimble blockchain; HOPR, privacy-preserving messaging protocol; and Kitsune Wallet, an upgradeable on-chain wallet. The three startups are now the first “fellows” of Binance Labs’s Fellowship program, which funds and supports early-stage open-source development projects, according to a blog announcement Friday. According to Binance Labs director Flora…
  • Coinbase Exec Dan Romero Leaving Crypto Exchange After 5 Years

    Coinbase Exec Dan Romero Leaving Crypto Exchange After 5 Years

    Exchange Latest
    Cryptocurrency exchange Coinbase is losing another executive. Dan Romero, who works as vice president for Coinbase’s international business, announced in a Medium post on Friday that he will be leaving the firm at the end of this month. Romero joined Coinbase in April 2014, according to his LinkedIn profile. While he didn’t provide a specific reason for departing the firm, Romero said: “Staying true to a mission often requires doing hard (or even unpopular) things. But…
  • Ethereum Core Developers Debate Benefits of More Frequent Hard Forks

    Ethereum Core Developers Debate Benefits of More Frequent Hard Forks

    Dapps
    How often is too often to alter consensus? A group of ethereum’s veteran open-source developers discussed the subject in a bi-weekly meeting Friday, wherein they aired the possibility that system-wide upgrades, also called hard forks, to the software could be enacted as often as every three months. Wanting to “check the temperature,” the developer asking the question explained that certain upcoming ethereum improvement proposals (EIPs) such as state rents would require multiple upgrades sequentially spaced out for full…