Only an Hour Away: Cointelegraph Talks Bitcoin Halving, Live

Cointelegraph hosts a discussion on Bitcoin halving. Join live at 12 PM EST as John Todaro, Alejandro De La Torre and Paolo Ardoino discuss the event. The Bitcoin halving is only 6 days away so Cointelegraph has invited CTO at Bitfinex Paolo Ardoino, John Todaro, director of institutional research at Tradeblock, and VP of Poolin mining pool Alejandro De La Torre to hash out what to expect from the much-anticipated event. Cointelegraph Talks: What to Expect from the Bitcoin Halving will begin at 12pm EST and you can follow the…

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Ethereum Scaling and Gas-Free Transactions Arrive

ETH 2.0’s highly anticipated revamp is expected to begin rolling out in a matter of months, but scaling solutions and gas-free transactions have already arrived. Ethereum 2.0 is expected to launch within months, but new scaling solutions and gas-free transactions are already here. The network is also growing more popular, with the number of active wallets more than doubling since January to around half a million. Synthetix scales up optimistically The developers behind the second-largest DeFi protocol, Synthetix, have partnered with Ethereum layer-2 research team Optimism to launch a demo…

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Craig Wright Accused of Plagiarism Again

An anonymous blogger has again accused Satoshi claimant Dr. Craig Wright of plagiarism — this time in his doctoral thesis. The man who claims to have written the Bitcoin whitepaper has been accused of committing plagiarism again, this time in his doctoral thesis. PaintedFrog, the pseudonymous writer who previously accused Dr. Craig Wright of plagiarizing his 2008 law degree dissertation for Northumbria University, has posted his analysis of Wright’s 2017 PhD thesis from Charles Sturt University (CSU). The blogger posted purported screenshots of Wright’s thesis, “The Quantification of Information Systems…

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Bitcoin in Space: Blockstream’s Satellite Network Now 25X Faster

Blockstream’s updated protocol for their satellite service makes it possible to download a full node without an internet connection. Blockstream has just upgraded their satellite network that carries the Bitcoin blockchain for the first time in almost two years. The data rate is now 25 times faster and users can sync an entire node without connecting to the web. The Blockstream satellite service provides internet-free Bitcoin (BTC) transactions and information sharing to crypto users in nearly every corner of the world. The company has leased six geostationary satellites which are…

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Bitcoin’s Order Book Is Stacked With Bids: Here’s What That Means for BTC

Bitcoin has seen an influx of buying pressure over the past few weeks. This much has been made clear from the cryptocurrency’s 130%+ recovery from the lows. While BTC has stalled since reaching $9,500 last week, data indicates that there is still market demand for crypto. This indicates that Bitcoin remains in an uptrend, making $9,500 just another pitstop before higher highs. Bitcoin’s Orderbook Shows Massive Buying Demand According to a crypto trader, BitMEX’s order book is currently stacked to the brim with bids. As can be seen in the…

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Former Bank of China President Says Digital Yuan Can Replace Cash

A former President of China’s central bank says the digital yuan will be able to eventually replace cash if four key conditions are met. Former Bank of China President, Li Lihui, has revealed the launch of the digital yuan is imminent, and that the currency can replace cash if four key conditions are met.  The central bank digital yuan is currently in the test phrase and is generating excitement among Chinese internet users. Searches on the impact of the digital yuan and cryptocurrency in general has skyrocketed in recent times.  …

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Bitcoin ATM Locations Surge to Over 7700 Worldwide Amid Global Crisis

The number of bitcoin ATM locations has been growing rapidly amid nationwide lockdowns and the coronavirus crisis. With hundreds of new machines added each month, there are now more than 7,700 bitcoin ATMs spread all over the world. A new bitcoin ATM operator also installed its first bitcoin machines in April. Hundreds of Bitcoin ATM Locations Added in April Many bitcoin automatic teller machines (ATMs) were installed across the globe in the month of April despite nationwide lockdowns, rising numbers of covid-19 cases, and global economic crisis. According to the…

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New Breed of Ransomware Threatens to Expose Victoria’s Secrets

The “Nefilim” ransomware threatens to leak sensitive data if the demands are not met. A series of ransomware attacks over the past week affected medical care, hundreds of thousands of parcel deliveries during the pandemic — and even a lingerie manufacturer. Attackers are threatening to leak sensitive data if companies fail to make the required payments. ITNews reported that the Australian logistics giant Toll Group suffered its second ransomware attack so far this year, with a type of ransomware known as “Nefilim.” Toll Group had shut down its IT system…

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Comparison of Bitcoin to Other Markets Shows Just How Early Investors Truly Are

Bitcoin has seen unprecedented growth throughout the past decade, but as a market it is still incredibly small A visual comparison of BTC’s market size as compared to that of other assets and markets elucidates just how much room for growth there truly is This comes as analysts foresee a growing confluence of factors that could help propel the cryptocurrency significantly higher in the months and years ahead Bitcoin’s exponential growth in the time since its creation has captivated the world, attracting hundreds of billions of dollars from investors while…

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Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO

Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal, the price should rise.” The cryptocurrency entrepreneur analyzed bitcoin’s year-to-date performance against gold, oil, and private equity financing. He forecasts that BTC will continue to gain against other asset classes, post-halving, as fiat depreciates from stimulus packages. Morehead noted…

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