Bitcoin Blockchain Cryptocurrency News

South Korea’s Biggest Bank U-Turns on Crypto With Custody Service

South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business Korea June 11, Kookmin will now work with local company Atomrigs Lab, which is active in digital asset protection. The move marks a decisive change Read more…

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Crypto Media Outlet CCN Closes Up Shop, Cites Google June Algorithm Shift

Crypto News Shop Closes Doors Crypto media outlet CCN — also known as CryptoCoinsNews — has just revealed that it will be shutting its doors in the coming days. In a fiery editorial piece, Jonas Borchgrevink, the founder of CCN and its network, explained what went down. Borchgrevink explained that when Google rolled out its Read more…

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Bitcoin-Skeptic Warren Buffett to Host $4.37M Lunch With Tron Founder

On Monday Tron Founder Justin Sun excitedly tweeted that he had won an auction to have lunch with legendary investor Warren Buffett. Will Sun shill Buffett on the merits of Tron and BitTorrent?  Will the Oracle of Omaha Drink the Kool-Aid? On Monday Tron founder Justin Sun revealed that he had secured a lunch with Read more…

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Bitcoin Mining Difficulty, Hash Rate Surge As BTC Holds Above $8,000: What Death Spiral?

Bitcoin Fundamentals Booming With BTC moving above $8,000, the fundamentals of the Bitcoin blockchain have also surged. As pointed out by industry researcher Kevin Rooke, Bitcoin’s mining difficulty has reached an all-time high of 7.46 trillion. The thing is, we’re still down by around 55% from BTC’s all-time high of $20,000, and public awareness of Read more…

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What Block.One Announced About EOS On June 1st

At long last, June 1st is here, and the EOS community and Block.one’s supporters are absolutely pumped. Let’s see what was announced. EBay Ads Tell World It Will (Finally) Accept ‘Virtual Currency’ EOS On Coinbase Earn Coinbase, in collaboration with Block.one, has revealed that it will be adding the EOS blockchain to Earn — a Read more…

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Binance Research: ‘Non-Crypto Public’ is Now Getting Into Bitcoin

Institutional demand for crypto assets is decisively starting to affect the crypto space. Bitcoin remains the “bellwether” of the industry, while data showing that the crypto market has already bottomed out is becoming more explicit, according to Binance Research. Institutional Appetite For Crypto Is Skyrocketing The crypto industry will continue to gain momentum over 2019, Read more…

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Ethereum Usage And Adoption Uptick Has Analysts Bullish On ETH

Ethereum Sees Strong Fundamentals Despite the fact that Bitcoin is gracing all the headlines, Ethereum (ETH) has done quite well for itself over the past few months. Both in terms of price action and fundamentals, the cryptocurrency has fared quite well in this bull-esque run. Let’s take a look at what’s up, and what analysts Read more…

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Next Bitcoin Boom Likely To Be “Awe-Inspiring”, Six-Digit BTC Entirely Possible

Next Crypto Rally To Be Absurd The sky’s the limit — that’s what Bitcoin (BTC) enthusiasts want to desperately believe anyway. As the cryptocurrency market has finally broken out of its bear market shell, rallying by over 100% since the start of 2018, many are sure that “crypto winter” is over and the next rally Read more…

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Amazon Files Proof-Of-Work Patent Using Cryptography

Amazon this week filed a US patent for a Proof-of-Work system which uses cryptography to generate Merkle trees. The Bitcoin and Ethereum networks use such ‘hash trees’ to verify the content of large data structures. Proof-of-Work as a Tool Against DoS Attacks A Merkle tree is a fundamental component of a blockchain, whereby each non-leaf node Read more…

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Crypto is Taking Over the World, Bubbles are Normal; Shapeshift CEO Says to Bloomberg

Crypto is making its way into the world of finance, slowly taking over an important part of the global markets. The recent Bitcoin (“BTC”) Bullrun seems to have attracted a substantial amount of fresh investors and this new wave of enthusiasm is very beneficial for the expansion of the ecosystem. This impression was shared by Read more…