Overstock Becomes the First Major US Company to Pay Business Tax in Bitcoin

The cryptocurrency-friendly company Overstock.com announced on Thursday that company will be paying part of its business taxes to the state of Ohio using bitcoin. Overstock will use the state’s Ohiocrypto.com website to pay for the corporation’s commercial activities tax this year. Also read: 10 Years Ago Bitcoin’s Genesis Block Changed the Course of History Overstock Pays … Read more

2018’s Top Cryptocurrencies Ranked by Github Activity

Over the past 12 months, digital asset values have dropped considerably, but behind the scenes cryptocurrency development has increased. Research from data collection websites that track the amount of Github activity taking place in cryptocurrency repositories shows blockchain development is continuing to grow. Also Read: The Cashaccount.info Platform Tethers Names to Bitcoin Cash Addresses Cryptocurrency Github … Read more

Markets Update: Crypto Traders Enter the New Year With Uncertainty

On the first day of 2019, cryptocurrency prices have been steadily moving sideways in a consolidated pattern after taking some slight losses on New Year’s Eve. At the moment, the entire digital asset economy is worth about $126 billion and global trade volume has been thinning out over the last 48 hours. Also Read: Embracing … Read more

December Volume Report: Top Markets See Strongest Trade of H2 2018

The five most traded cryptocurrency markets saw an increase in volume during December, when compared with the previous month. Despite the spike in trading activity posted by the dominant markets, many crypto assets ranked below the top five saw a decline in month-over-month volume. Also Read: Report: Indian Government Updates Progress on Crypto Regulation USDT and … Read more

Embracing Utility in 2019: Unreliable Crypto Networks Will Lose to Hyperbitcoinization

Cryptocurrencies started gaining significant mainstream attention in 2017 and speculation brought coin values to unseen levels, before quickly deflating. Now, after a decade, it seems this technology is entering a new era that can actually move past speculation to embrace real-world utility. The only way this feat will be accomplished, however, is by offering a … Read more

Bounties and Responsible Disclosure Bolstered Crypto Infrastructure This Year

Cryptocurrency transfers work because of the software developed by programmers like Satoshi Nakamoto and many other innovators along the way. As with all software, however, blockchain protocols are not perfect, and over the last decade black and white hat hackers have revealed many bugs. In 2018, developers earned over $878,000 in blockchain bug bounties by … Read more

Markets Update: Cryptocurrency Gains Start Lifting Confidence Among Traders

The cryptocurrency economy has seen some improvement over the last 48 hours as many of the top digital assets are seeing gains between 5-15% this Saturday. The entire ecosystem of all the coins in existence has gained about $5 billion since the small correction on Christmas day. Furthermore, global trade volume has also increased indicating … Read more

Markets Update: BCH and BTC Set to Post Record 5 Months of Consecutive Red Candles

Despite the short-lived rally leading up to Christmas, BTC appears poised to post a fifth consecutive red candle on the monthly chart for the second time ever. BCH also looks ready to extend its record bear streak to five months of red, while ETH appears poised to post a monthly gain for the first time … Read more

The 2018 Bitcoin Mining Ecosystem Saw Record Hashrates and New Devices

2018 was a crazy year in regard to the price of cryptocurrencies losing more than 80 percent of their values since they touched all-time highs. Interestingly enough, even though the prices of major digital assets plummeted, the hashrate for SHA-256 coins skyrocketed during the months of August through October. Although the hashrate has declined significantly … Read more

Bitcoin Obituaries Records 90 ‘Deaths’ in 2018

According to the Bitcoin Obituaries webpage, the cryptocurrency ‘died’ 90 times in 2018. Since the inception of Satoshi’s great invention, almost a decade ago, economists and financial news publications have informed the public that bitcoin has passed away a grand total of 336 times. Also read: Year in Review: 2018’s Top Cryptocurrency Stories Dead Currencies Have … Read more