Month: June 2020

This week a number of Kleiman v. Wright lawsuit depositions have recently published and are now available for public viewing. One specific deposition with the former Bitcoin Core lead maintainer, Gavin Andresen, casts doubt on the claim that Wright is Satoshi Nakamoto. Moreover, the Bitcoinsv supporter Daniel Krawisz has been speaking out about Wright and mentions there is “plagiarism in several of Craig Wright’s works.” For well over five years now, Craig Steven Wright, has publicly claimed that he invented Bitcoin and that he is Satoshi Nakamoto. This claim has…

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The amount of bitcoin that has not moved in over a year is at an all-time high. The last peak was in 2016, before the bitcoin bull run that saw the price spike to $20K. Several forecasting models have predicted that the price of bitcoin will reach $20K this year and the next bull run could start as soon as next month. Data Resembles Previous Bitcoin’s Bull Run The amount of bitcoin that has not moved in over a year is at 61.59% of the entire supply on Monday, an…

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On June 28, 2020, the team behind Ghost Coin revealed a partnership with the digital currency payment processor Ivendpay. Ghost is a project led by the notorious John McAfee and according to the recent announcement, 60 vending machines in Hong Kong will support the privacy-centric coin for payments. It’s surely never a dull day in John McAfee’s world and this week his Ghost Coin team revealed a collaboration with the crypto payment startup Ivendpay. The startup is a multi-currency payment system that allows people to accept cryptocurrency and other types…

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The crypto industry in India is experiencing massive growth, according to a new survey of crypto banks and exchanges. Despite the country’s deepening coronavirus crisis, crypto exchanges say trading volumes and the number of signups continue to grow substantially. India’s Cryptocurrency Trading 2020 Indian media agency Bit2buzz has conducted a survey of local crypto banks and exchanges on the demographics and trading behaviors of India’s crypto industry. The survey aims to understand “trading behaviors of Indians, women representations, and participation, the effect of covid-19 on Indian crypto blockchain entities, and…

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A new, comprehensive analysis has predicted the price of bitcoin to reach almost $20K this year and will keep rising to almost $400K by 2030. The researchers have also predicted the future prices of several other major cryptocurrencies, including bitcoin cash, ethereum, and litecoin. New Bitcoin Price Forecast The June edition of the Crypto Research Report (CRR) reveals price predictions for several cryptocurrencies: bitcoin, bitcoin cash, ethereum, litecoin, and stellar. This is the 10th publication of the CRR report and it covers a popular valuation method used to forecast bitcoin’s…

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U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will be fully installed at data centers operated by Core Scientific in the U.S. over the next four months, it added. Washington-based Core Scientific did not provide details about cost, but the deal might come to a total of between $30 million and $42…

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This month Bitcoin.com launched two services that help facilitate bitcoin cash adoption and crypto remittance via email. In a recent video on June 5, Bitcoin.com’s Roger Ver showcased gifts.bitcoin.com, a new feature that allows individuals to send BCH gift cards via email. Additionally, Bitcoin.com also launched send.bitcoin.com, a tool that provides users with the ability to send money in a number of local currencies by leveraging bitcoin cash. Bitcoin.com is excited to launch two new features this month that provide more cryptocurrency accessibility on a global scale. Both new features…

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On June 24, the block explorer and blockchain data platform, Blockchair, announced the launch of a new privacy tool called the “Privacy-o-meter.” According to Blockchair, the new service combats blockchain surveillance companies by highlighting privacy issues for crypto transactions. This week the blockchain explorer and crypto analytics firm, Blockchair, revealed a new tool that aims to show people some of the privacy issues involved with crypto transactions they send. The team has explained that in the future there will be other features coming like address clustering/tagging and other insights that…

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Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta and Stonk tokens were affected by this exploit, Balancer, an automated market marker protocol, said on June 29. The hacker made off with around 601 ether, 11 wrapped bitcoin (WBTC), 22,600 chainlink (LINK), and 61,000 synthetix (SNX) – altogether totaling more than $451,000. According to an analysis by Dex aggregator 1inch.exchange,…

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The infamous and controversial owner of the website bitcoin.org, Cobra, is under fire recently and a number of community members have asked to see the website removed from his possession. The initial argument was sparked by the website’s maintainer, Will Binns, who told the public that bitcoin.org was in “danger of being compromised.” Since then, Cobra has decided to fire Binns and the crypto community has been very focused on watching this quarrel unfold. During the last few years, news.Bitcoin.com has reported on the curious case of Cobra, the peculiar…

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