Nick Chong

Non-custodial Bitcoin desktop wallet Wasabi Wallet has gained considerable traction since its launch as a preferred tool for bitcoiners seeking increased transactional privacy. Wasabi is possibly best known for its integrated CoinJoin solution, a privacy-enhancing technology that obfuscates the origin of UTXOs. On Thursday, the developers behind Wasabi Wallet announced

Iranian media outlet Iran Daily reports that the Iranian cabinet has amended regulations to allow Bitcoin and other cryptocurrencies to be used to fund imports.  Citing IRNA, Iran Daily notes that this new legislation will allow the central bank of Iran to acquire digital assets directly from miners within the

In August and September, MicroStrategy made headlines when it deployed $425 million into Bitcoin over the span of tens of thousands of buying orders. In total, the business services company acquired more than 38,250 bitcoin, for an overall cost basis of $11,111 per coin.  This investment represented a

Over the past few days, multiple users on Twitter have noted a decline in the Bitcoin user experience. Transaction fees have increased from an average of $1-3 toward $7 and beyond. This is the result of a drop in the Bitcoin network hash rate. The hash rate is the metric

Bitcoin surged higher on Tuesday despite weakness in the S&P 500 and other global stock markets. The price of the leading cryptocurrency shot to $13,750, the highest Bitcoin has traded in over a year. Per the BTC Times data, Bitcoin is up 5% in the past 24

Silvergate Bank, an American financial institution that was one of the first to support cryptocurrency-focused clients, reported a record quarter on Monday. In its earnings report pertaining to Q3 2020, Silvergate revealed that it added $586 million worth of deposits from cryptocurrency companies over this past quarter, making it the

On the morning of October 16th, digital asset exchange OKEx suddenly froze withdrawals from the platform.  The exchange announced at the time that one of its "private key holders" was currently "cooperating with a public security bureau" due to ongoing investigations. Due to said investigations, which

Over the past two months, institutional Bitcoin adoption has begun to skyrocket as the U.S. dollar continues to lose traction against other foreign currencies. MicroStrategy was the first to make headlines in August. The business services company deployed $250 million, then an additional $175 million into Bitcoin over the