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Peter Schiff, financial expert and irreconcilable critic of Bitcoin, expressed the opinion that large holders of digital gold are getting richer, while small investors patiently keep cryptocurrency in the hope of its inevitable growth. Bitcoin hodlers won't sell as they believe they'll get rich when #Bitcoin moons. Bitcoin whales get rich by selling now to realize their paper gains before a […]

Financial companies around the world have been subjected to a series of DDoS attacks. Attackers appear to be members of the Fancy Bear hacker group, which is credited with Russian origin and ties with the Russian special services, and demand a ransom in bitcoins. According to CNews, most of the attacked companies are located in Singapore, South Africa and the Scandinavian countries. Scammers on behalf of Fancy Bear require victims of 2 military-technical cooperation to a certain […]

The government of the Chinese city of Guangzhou announced the allocation of 1 billion yuan (about $ 142 million) to subsidize blockchain projects, said Dovi Wang, managing partner of Primitive Ventures, citing local media. BREAKING Local Guangzhou gov just announced a 10B RMB (~ $ 150M USD) government funding dedicated in “blockchain subsidy” for “outstanding blockchain projects” More details […]

Bitfinex cryptocurrency exchange has added support for native SegWit addresses in bech32 format. True, the option is available only when withdrawing bitcoins. We are excited to announce that Bitfinex now supports bitcoin withdrawals to bech32 addresses. Learn more about our latest update https://t.co/mktJui1TpP – Bitfinex (@bitfinex) October 29, 2019 Note, as of October 28, the share of SegWit transactions in the Bitcoin network was […]

Cryptocurrencies lack trust so far to compete with fiat money. This opinion was expressed by Christian Gattiker-Ericsson, chief strategist of the Swiss banking group Julius Baer, in an interview with Arabian Business. He believes that the use of cryptocurrencies attractive to the general public has not yet been found, and the assets themselves are at the stage of natural selection. “We are still in this Darwinian selection process, […]