New Revenue on the Bitcoin Investment Services Scene Provides Full Custody and Securities Services for Bitcoin Deposits The KNØX company launched its custody solution on September 24 and is noted for a complete insurance of the deposited funds. CEO Alex Daskalov said: “I have not seen any of the suppliers that offer 100% coverage. So…
Peter Todd, a cryptographer and Bitcoin Core developer, said Google’s quantum computer does not threaten the cryptographic algorithms on which Bitcoin is based. The Financial Times recently reportedthat Google developed a quantum computer in just 3 minutes 20 seconds to solve an equation that would have taken a traditional computer for thousands of years. But…
Filecoin’s distributed storage network project announced that blockchain testing will begin in December and the main network will be launched next year. Filecoin will allow users to sell unused space on the hard drives of their computers in the open market, and buyers will use it to store their data. The Filecoin test network will…
You probably got it now: the price of bitcoin dropped by more than a thousand euros yesterday. In the meantime, the smoke has increased somewhat and we can see what the damage is. More than 600 million dollars in longs have been wound up on the BitMex derivatives exchange. But what is also striking, the…
The Court of Appeal ruled that BitFinex should not make available any documents regarding Tether’s money transfers. The decision overturns the order issued by the first court, which asked iFinex to provide information relevant to the investigation to the New York Public Prosecutor’s Office (NYAG). In August, iFinex appealed against this decision, which was granted…
Panic! Yesterday, many crypton news websites reported that the bitcoin hash rate has dropped by as much as thirty or forty percent. Okay ahead, we also wrote about it briefly. But is that correct? The short answer is: no, you don’t have to. Data from blockchain.com shows a “flash crash” of the bitcoin hash rate…
Starting next year, over 25,000 stores in France will accept Bitcoin payments, according to an article published by Le Figaro. This is the result of a collaboration between East2PlayPayment, EasyWallet and Global POS digital payment companies. The official announcement was made at the Paris Retail Week conference, which brings together the big retailers in France….
The American accounting firm H&R Block announced that it will advise taxpayers on filling out income and loss declarations from cryptocurrency trading. In a press release, the company said that the new service is intended for people dealing with digital assets. The company will provide all the necessary advice on the correct filling out of…
Over the past 24 hours, the price of Bitcoin has dropped by $ 1500, from $ 9800 to $ 8350, leading to a major decline in the entire crypto market. This is the lowest level recorded in the last 3 months, and the reasons behind the evolution are not clear. Some analysts believe that the…
If you just opened the laptop just before going to sleep last night, then you witnessed one of the biggest falls in times. You could say a good buying moment. But there are enough investors whose long position is closed. You just have to look at the numbers of BitMEX to understand how big this…
