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US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector

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Financial results released by two U.S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. One of the crypto-friendly institutions, Silvergate Bank, has seen an increasing number of crypto clients throughout the year. Also read: Swiss Bank Julius … Read more

Researcher’s Scathing Lightning Network Analysis Finds Flaws

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On January 7, digital preservation researcher David Rosenthal published an overview of BTC’s Lightning Network (LN) which claims LN infrastructure isn’t decentralized and privacy-preservation is a myth. Rosenthal’s analysis found significant flaws with the LN fee system and the editorial insists “in order for Lightning Network to provide privacy, it must be massively over-capitalized.” Also … Read more

Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest

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Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to its decentralized digital alternative. The number of businesses accepting crypto payments … Read more

Almost 70 Crypto Funds Close This Year, Twice as Many Launch

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Dozens of crypto funds, almost 70, have closed this year, a mainstream media outlet reported. And while the startling number reveals the influx of institutional investors into the crypto space might not be happening at a fast pace, it’s also worth noting that crypto fund launches are projected to reach 140 by the end of … Read more

Apps and Data Privacy: Are We Being Bought and Sold?

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Each day, the world makes 250 million terabytes of new data – every second 946 Instagram photos are taken, 8,690 tweets are posted, 77,783 things are searched on Google, and 2,845,459 emails are sent and received all over the world. With all of this new data, keeping your data private and away from prying eyes that … Read more

104 Addresses Hold 70% of Tether, Research Reveals

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The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators. That adds to the … Read more

6 Monitoring Websites That Help Track Bitcoin Cash Data

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When it comes to cryptocurrency networks and markets, there’s a lot to keep track of. Thankfully there’s also now a bunch of dedicated bitcoin cash (BCH) data websites that provide easy to comprehend visual representations of network statistics and market indicators. Also read: Slovenia Has the Most BCH-Accepting Physical Locations Worldwide Monitoring BCH Network Statistics … Read more

Why Bitcoin Is Better Than Banks: Major Credit Card Breach Exposes 60M Accounts

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Sberbank, the largest bank in Russia with a regional and global presence, has suffered a major data breach. Personal information belonging to millions of clients is now being sold on the black market. Initial analyses suggest the trove of data for sale is real, highlighting the risks associated with traditional banking. Also read: Turkish Government … Read more

Data Shows Institutional Interest in Bitcoin Has Diminished

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Last spring and the beginning of summer 2019 saw digital asset markets spike considerably in value, and many speculators assumed the rise was due to institutional investors. However, BTC and a variety of other popular digital asset prices started plummeting in August. Reports now detail that institutional interest is waning and new data that analyzed … Read more