Cryptocurrency Analysis and News Portal
New York officials have instituted a three-strike rule for crypto firms applying for the BitLicense, the Sovrin Foundation is now fun by volunteers and Aussies can now buy BTC at their post office. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto
Read More
[sociallocker id="55298"] China Zheshang Bank, a national commercial bank, used blockchain technology to issue an asset-backed commercial paper, or ABCP. It was issued as a part of the National Association of Financial Market Institutional Investors’s (NAFMII) pilot project for ABCPs.An asset-backed commercial paper is a short-term investment issued by financial
Read More
[sociallocker id="55298"] On June 5 the Gibraltar Financial Services Commission, or GFSC, published four public warnings against cryptocurrency websites that claim to have an alleged license to operate in the territory.According to the authorities, www.askcurrency.org, www.findcurrency.org, www.arbitragecurrency.org, and www.etrustcoin.com have not been licensed or authorized by the GFSC — nor
Read More
Psychiatrist Alok “Dr. K” Kanojia regularly hosts live-streamed therapy sessions with some of the biggest names on Twitch. The most recent session featured popular streamer Katerino. During the stream, Katerino’s ex-boyfriend – prominent YouTuber CallMeCarson – donated a staggering $10,000. A psychiatrist is banking some serious cash by hosting
Read More
The launch of Ethereum (ETH) 2.0 may be delayed yet again after developers rescheduled the network’s proof-of-stake algorithm upgrade for June 2020, as reported by Cryptox on May 15. Taking into account all of the factors surrounding the highly anticipated launch, the statements made by the development team can be
Read More
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China
Read More
Banco BTG Pactual is issuing its security tokens representing investment in real estate on the Tezos (XTZ) blockchain. Previously, the bank had issued its ReitBZ tokens on the Ethereum blockchain, raising $10 million in Ether (ETH) and Gemini Dollars (GUSD). Which blockchain will prevail in the future?Andre Portilho, head of digital assets
Read More
iMiner, a Turkey-based company, has been granted a license to mine cryptocurrencies in Iran.Local news source Tabnak news reported on April 28 that iMiner has the green light from the nation's Ministry of Industry, Mine and Trade to operate up to 6,000 mining rigs in the city of Semnan.The mining
Read More
Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $2 billion in new loans in the three months leading to March 2020, up $1 billion from the previous quarter. BTC accounted for 44.8%
Read More
Researchers from the Norwegian University and the University of Luxembourg have published a research paper detailing an attack that can deanonymize transactions broadcast across Bitcoin’s Lightning Network. The Lightning Network emerged as a controversial compromise from the Bitcoin (BTC) block limit and scalability debate. It’s a second layer solution that
Read More