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As Bitcoin garners adoption as both a means of payment and a store of value, users are growing increasingly keen on reducing the fees they have to pay to get their transactions confirmed. Segregated Witness (SegWit) and transaction batching, two technologies that help reduce Bitcoin transaction fees, are starting to
Epic Games, the creator of blockbuster shooter-survival game Fortnite, sued Apple after it removed the game from the Apple App Store. In a statement to The Verge, Apple said Epic Games violated the App Store guidelines by enabling an unapproved feature. The feature in question seems to be the new
A new tool calculates Bitcoin's market share among other Proof-of-Work coins, excluding coins issued by a centralized entity. Jordan Tuwiner, the founder of Buy Bitcoin Worldwide, launched Bitcoin Dominance last month to focus on providing a more accurate estimation of Bitcoin’s leadership over other cryptocurrencies. His effort
News • Bitcoin • Aug 15, 2020
A new tool calculates Bitcoin's market share among other Proof-of-Work coins, excluding coins issued by a centralized entity. Jordan Tuwiner, the founder of Buy Bitcoin Worldwide, launched Bitcoin Dominance last month to focus on providing a more accurate estimation of Bitcoin’s leadership over other cryptocurrencies. His effort
News • Bitcoin • Aug 15, 2020
As Bitcoin garners adoption as both a means of payment and a store of value, users are growing increasingly keen on reducing the fees they have to pay to get their transactions confirmed. Segregated Witness (SegWit) and transaction batching, two technologies that help reduce Bitcoin transaction fees, are starting to
News • Bitcoin • Aug 14, 2020
Epic Games, the creator of blockbuster shooter-survival game Fortnite, sued Apple after it removed the game from the Apple App Store. In a statement to The Verge, Apple said Epic Games violated the App Store guidelines by enabling an unapproved feature. The feature in question seems to be the new
News • Bitcoin • Aug 13, 2020
MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet. The move was hailed
News • Bitcoin • Aug 13, 2020
Since July 29th, Grayscale and MicroStrategy have purchased 14,422 BTC and 21,454 BTC respectively, totaling more than $410 million USD in value at the time of writing. During the same period, Bitcoin miners mined 12,594 BTC. In other words: two institutions bought three times as much bitcoin
News • Bitcoin • Aug 12, 2020
On August 4th, word began to spread online of a massive explosion in Beirut. By Lebanese government estimates, a reported $10-15 billion USD worth of damage was incurred due to the blast. The Bitcoin community is banding together in the wake of the mysterious explosion, responding by donating satoshis to
News • Bitcoin • Aug 12, 2020
Multiple news outlets have recently run reports comparing the Lightning Network’s liquidity to that of Wrapped Bitcoin (WBTC), an ERC20 token representing bitcoin issued on the Ethereum blockchain. The amount of liquidity within WBTC has surged in recent times, seemingly outpacing that of the Lightning Network. This trend has
News • Bitcoin • Aug 12, 2020
Industry executives are buoyant towards the unexpected purchase of nearly $250 million USD worth of Bitcoin by MicroStrategy. It became the first publicly listed company in the U.S. to purchase bitcoin. Bitcoin, unlike many other cryptocurrencies, has a fixed supply of 21 million. Its finite supply and resulting scarcity
News • Bitcoin • Aug 11, 2020