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Tag Archives: Bitcoin

MatPool to Run NEO Node, 2019 The Year of Staking Economy

May 24, 2019

lylian Teng

There’s a concept in economics called the "Lotus Pond Effect" - suppose one day a lotus leaf emerges in the pond, the next day there are two, and on the third day there are four... till certain point, the lotus leaves will cover half the pond. After that day, the pond will be all covered with...

7000 BTC Loss in Bitcoin Exchange Scam in Hangzhou

May 22, 2019

Vincent He

Nearly 100 victims from various parts of the country reported to the Hangzhou police bureau, claiming that they were deceived by two young man named Zhou Yi and Li Xiang, who cheated nearly 7000 bitcoins by exchanging or borrowing bitcoins . Zhou Yi and Li Xiang had previously claimed o...

Tether Partly Backed by Bitcoin, Court Transcription Reveals

May 22, 2019

Bitcoin Magazine

Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoi...

SegWit: Unconfirmed Transactions Rise With Bitcoin Price Again

May 19, 2019

Olusegun Ogundeji

It's that time again: the price of Bitcoin is rising and many coins are moving from one point to another. It's causing unconfirmed transactions to surge too. Not indeed a bad thing though it only slows down transactions for those who do not set higher fees. But it is a reminder on the need for ...

Five Factors Behind the Ethereum Soaring Price

May 17, 2019

Vincent He

Ethereum just rose above $260, a increase of over 50% in the week and more than three times its December 2018 low of $82. From the perspective of market turnover and rising momentum, Ethereum almost completely restored to its October 2018 level. In fact, Ethereum is still the preferred public...

Bitcoin Breaks $8,000, 4 Factors Behind the Rally

May 14, 2019

lylian Teng

Bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green. The rally has sent bitcoin top the Baidu hot searches (Google Trends equivalent in China) on May 14. As of press time, Bitcoin is trading around $8,135, up over 1...

What is Behind the Soaring Price of Bitcoin? May be the Rich

May 13, 2019

Vincent He

Bitcoin’s price remains at a peak about $7,300, breaks the record from the recent nine months. Since May 10th, the price of Bitcoin has increased by 4%, 7% and 10% per day respectively, compared with the past three months, the price of Bitcoin has risen by more than 100%. Bitcoin's rise is...