Cashaa is on a mission to bank the unbanked and wants to leverage Bitcoin to accomplish it. Bitcoin has long been touted as a way that anyone can “be your own bank.” But such promises can be misleading: Although bitcoin itself provides some opportunities for individuals and businesses to manage their own money in ways…
With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does not mark the end of the bear market and that the original cryptocurrency will continue trading in a range likely between $4,000…
This article was originally published by 8btc and written by Chloe Jiang. Bitmain, the world’s largest bitcoin miner manufacturer, has announced specifications for its Antminer 17 series machines, which will be globally available on April 9, 2019. The new mining equipment in the 17 series will include the Antminer S17, Antminer S17 Pro and Antminer…
Bitcoin’s first decentralized exchange to make use of the Lightning Network’s Atomic Swaps is now in beta. Sparkswap, an exchange with backing from Pantera Capital (which announced its ambitious mission to become the most decentralized bitcoin exchange on the market in August 2018), has now opened its beta to users. Leveraging the Lightning Network, the…
New announcements around Bitcoin’s Lightning Network have been coming almost nonstop lately, with new exchanges, wallets and other services popping up seemingly every day. Two weeks ago, Zebpay announced its Lightning integration. Last week, Lightning Power Users officially launched and Bitrefill released an improvement to its Thor service. Just this morning, Sparkswap announced the public…
This infographic provides a schematic overview of the main Bitcoin-related “forks” that can happen and shows the most important forks that have happened. It does not provide an overview of all forks that have happened. What Are Bitcoin Forks? The word “fork” is somewhat confusing because there are different kinds of “forks” that mean very…
Bolt-A-Thon, a unique kind of Lightning Network hackathon and conference kicks off today, April 5, 2019, to help gather contributors from all over the world and propel Bitcoin’s vital Layer 2 solution. But rather than host the event in person, the organizers adopted a core tenet of the Lightning Network itself into the very fabric…
Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. This accusation is mostly thrown at Bitcoin by proponents of altcoins and those who have supported various Bitcoin hard fork attempts in the past. Of course, this is an oversimplification of the Bitcoin community. Crypto Twitter, which is…
As part of an ongoing criminal case, a judge in Canada has ordered that a local online drug dealer must forfeit about 281.41 bitcoin (worth about $1.4 million) after it was found that he used the cryptocurrency to fund his illegal activities. It’s been reported as Canada’s largest-ever bitcoin forfeiture. In 2015, local authorities seized…
The crypto payment platform Bitrefill has announced an upgrade to its Thor service. The upgrade is dubbed “Thor Turbo,” and its expected to speed up the process of connecting to Bitrefill’s Lightning node, according to a press release sent to Bitcoin Magazine. Bitrefill launched the Thor service in January 2019 as an on-demand Lightning channel…