Peak Blockchain Hype? Firm With No Revenues and No Product Is Worth $1.2 Billion

Following this year’s massive bitcoin rally, a bubble has developed in the stock market that most cryptocurrency traders may not be familiar with. Companies are declaring themselves to be blockchain-based in order to ride the hype train to higher stock prices. The latest example of this is a Hong Kong startup with no revenues which … Read more

Hit BTC Introduces Deposit Charges to Deal With High Bitcoin Fees

The cryptocurrency exchange Hit BTC has notified its clients that they need to pay a new fee to deposit bitcoin into the platform. This move might be replicated by more exchanges in time as they try to find ways to cope with the high fees on the network other than not accepting new clients or … Read more

Bitcoin Cash Embassy to Open in Limassol, Cyprus

With the launch of Bitcoin Cash (BCH) by Coinbase and Gdax, the adoption of the cryptocurrency is likely going to accelerate further. To help local users, developers, and investors meet and discuss this, there is going to be a new bitcoin cash community center in Cyprus. Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon … Read more

‘7 Million Transactions a Second’ — Research Paper Declares 1TB Blocks Feasible

This week a research paper was published by the founder of Lokad, a quantitative supply chain software company, and it details how terabyte blocks (TB) implemented into the bitcoin cash (BCH) blockchain could be “feasible both technically and economically.” Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform Research Paper Describes How Terabyte Blocks … Read more