Bitrefill was one of the first companies to embrace Lightning Network for its mobile phone top-up service, however, as CEO Sergej Kotliar admits, the technology has its own tradeoffs and shouldn’t be considered “the entire solution of all the scaling problems forever.”
It might be a relatively new player on the market, however, having launched only in February this year, cryptocurrency p2p exchange Hodl Hodl already gained enough popularity, primarily among the so called Bitcoin maximalists.
While the crypto market keeps on moving down, it becomes even harder to convince unfortunate retail investors that there is a real value in Bitcoin and its underlying technology.
Social trading platform eToro has entered into marketing partnerships with seven Premier League football clubs, becoming the first ever company to fund such a partnership with Bitcoin.
A new report from Bitmex Research suggests that the most dominant miner (presumably, Satoshi Nakamoto, the mysterious creator of Bitcoin), has generated around 700,000 BTC. This number is somewhat lower than what blockchain researcher Sergio Demian Lerner said it to be back in 2013.
Despite the significant decline in Bitcoin prices since the beginning of 2018, the network’s hash rate continues to increase showing a complex nature of economics of cryptocurrency mining.
Even though usage of Bitcoin and other cryptocurrencies is steadily increasing each year, Brian Armstrong, the CEO of San Francisco-based cryptocurrency exchange Coinbase, believes that it will take some time before they will reach true mass adoption for payments, at least in the United States.
While many commentators believe a regulatory approved Bitcoin exchange-traded fund (ETF) could boost prices of the largest cryptocurrency, blockchain pioneer Nick Szabo says it might cause more problems than it’s actually worth.
Falling prices of the vast majority of cryptocurrencies have sent the total market capitalization back below $200 billion on Tuesday, August 14, with Bitcoin falling below $6,000.
Bitcoin futures trading activity at the Chicago Mercantile Exchange (CME) increased by 93 percent in the second quarter over the first quarter of 2018, the company revealed in a tweet July 20.
A team of Bitcoin engineers has announced the launch of the Bitcoin Operations Technology Group (Bitcoin Optech) addressing the problem of Bitcoin’s scalability, according to their statement published July 20.
Formerly known as Rootstock, RSK Labs is an Argentinian startup building the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the miners through merge-mining.