Square, the company behind twitter has issued a statement that it has acquired 3318 bitcoins for total of whopping 170 million dollars. These totals to around five percent of its total corporate cash that is total around 394 million dollars as of 31st December 2020.
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Bitcoin POS is a new cryptocurrency launched by known Ponzi specialists from Germany. It is yet another cryptocurrency that uses bitcoin in its name to attract investors. While Bitcoin POS’ code is very much similar to OG Bitcoin, it makes use Proof of Stake consensus instead of Proof of Work like in case of real bitcoin.
Continue reading “Bitcoin POS Review – Bitcoin POS is a scam”
It is time for Chinese bans bitcoin news. This news often comes every year where we talk about China banning bitcoin miners by either stop sending them electricity or putting them in jail.
Guggenheim is a $5 billion Macro Opportunities fund that wants Bitcoin exposure. On Friday, 27th November 2020, Guggenheim filed an SEC amendment allowing them to invest up to 10 percent of their fund in GBTC. GBTC is offered by Grayscale that allows any fund or company to hold bitcoin on their balance sheet without actually buying one.
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On November 15, 2020 the Bitcoin Cash network is scheduled to have a hard fork. It’s likely the current blockchain will split into two: Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN). This hard fork may result in the creation of an additional token.
A user has set up a website for prospective node runners to help them understand the ‘why’ and then guide them through the different options. He has included links to setup videos, documentation pages, recommended hardware, costings and more.
The latest version of Blue Wallet, a bitcoin wallet, adds support for Payjoin. Payjoin is a type of Coin Join tech where both sender and the receiver coordinate to build a Bitcoin transaction.
UK users of Revolut are now receiving an email that moves them to a new European license so that the Brexit does not impact services provided by Revolut to its users.
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Cryptocurrency and overseas forex trading in India can lead to freeze of your saving account. Many banks in India have started sending emails asking their customers not to do any kind of overseas forex trading which includes electronic / internet trading portals or by use of Credit / Debit Cards.
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Many companies are reluctant to speak out on these topics for fear of retaliation, but Coinbase feel like they need to continue the dialog in the open. Coinbase has tried discussing this through regular channels with Apple, and Coinbase reached out directly to leadership to request a dialog, but they seem to be at a dead end.
