Antpool Begins Burning BCH Network Fees Increasing Digital Scarcity

On Friday, April 20th the mining operation Antpool explained that the public may have recently noticed a fraction of bitcoin cash being sent to an unspendable address every time Antpool mines a block. Antpool says that it is burning the funds sent to the “black hole address” voluntarily for the good of the BCH economy. … Read more

What Is Ontology Cryptocurrency?

It seems there is one cryptocurrency and blockchain project which has been making a lot of waves lately. Known as Ontology, this new high-performance public blockchain will be quite interesting to keep an eye on. So far, the project is still in the early stages of development, but there will be some milestones to be achieved in the … Read more

China’s PBOC Governor Speaks Against Speculative Cryptocurrencies

This week the People’s Bank of China (PBOC) governor, Zhou Xiaochuan, spoke about both public and privately issued cryptocurrencies. Zhou details that the central bank dislikes “speculative cryptocurrency products” and the bank does not officially recognize digital currencies like bitcoin. Further Zhou explains the bank is monitoring projects like bitcoin and initial coin offerings (ICO), … Read more