The sudden $1,500 drop in Bitcoin (BTC) price on August 2 caused over $1 billion worth of liquidations on futures contracts and also led to a sharp decline in the price of many top altcoins. This massive figure represents 18% of the total $5.6 billion open interest and undoubtedly caused the exaggerated move down to
US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed
Crypto holders earning new tokens by staking their coins might be at risk of being overtaxed, believe several members of Congress. Four lawmakers wrote a letter to the Internal Revenue Service Wednesday, asking the U.S. tax agency to ensure stakers don’t face tax liabilities for receiving block rewards before they sell their new tokens. The
bitcoin core – Wallet Recovery Help
I’m seeking help from the Bitcoin community to recover lost funds from a wallet.dat file. Someone I know asked me to help recover their lost funds – but I’m stumped and now seeking help from the experts. Facts A wallet.dat file was created in approximately July 2017 Ubuntu Linux (v17.10?) Bitcoin Core QT (v0.16.2?) The
I really think that this Grasberg developer guy should really listen to these arguments from this deadalnix guy, whoever he is. : btc
However, on a system such as Bitcoin Cash, there are already many existing users. Bitcoin Cash has a script system that has time based features, such as locking coins for a certain amount of time before they are spendable. These features are essential for many smart contract systems, notably payment channels or recurring payment solutions
How Coinbase handled ETH network congestion on August 1, 2020 | by Coinbase | Aug, 2020
On August 1st, the Ethereum network experienced spikes in transaction fees which led to delayed deposits/withdrawals for some Coinbase customers. Starting at 9:45pm PST, 559 transactions were delayed. The backlog of transactions started clearing 15 minutes after the peak of the fee spike and was fully processed in 110 minutes. Trading and application uptime were
Binance Coin Up 20% on DeFi IEO Hype; Pullback Ahead?
Binance’s native token BNB surged by more than 20 percent after its CEO Changpeng Zhao announced his plans to launch an in-house decentralized finance product. The BNB/USD exchange rate on Sunday established its quarter-to-date high at $22.94. It is now looking to extend its upside momentum towards $27, according to many crypto-analysts. BNB, the native
Tel Aviv Stock Exchange to Launch Blockchain Securities Platform
The Tel Aviv Stock Exchange (TASE) plans to launch its blockchain-based securities lending pool in November. In an announcement on July 28, TASE said the platform will serve an essential function in the country’s capital markets, which currently lack a central system for securities lending. Contrary to the current set-up —— which fails to meet
Does Decentralization Create Value or Destroy It?
To Bitcoin (BTC) proponents, the world’s need for a decentralized form of money is more apparent than ever, as challenges mount to government monopolies on money-printing and military force, from the U.S. to Uganda. It’s possible that this vision is attracting new investors into crypto, but this week’s price surge (notwithstanding the sudden bitcoin price whiplash at
untagged – Is it viable to make bitcoin an official currency of a country and build the country’s economy in it?
This question was migrated from Personal Finance & Money Stack Exchange because it can be answered on Bitcoin Stack Exchange.
Migrated 4 hours ago.
Let’s consider the hypothetical situation: A country X makes Bitcoin as its sole official currency and legal tender by law, i.e. taxes must be paid using Bitcoin, and sending
“Is there going to be a split?” : btc
This question is (understandably) asked all the time by people coming to the BCHN telegram for clarity on what has become a pretty unclear situation. It’s not an easy question to answer, though, so I wanted to make this post that people could refer to. Here’s my take on answering that question: It’s impossible to
Telstra DNS Falls Over After Denial Of Service Attack
Image: Asha Barbaschow/ZDNet Customers with Telstra’s default DNS settings found themselves seemingly unable to access the internet on Sunday morning, as the telco was facing a denial of service attack. The attack kicked off some time before 10:30am on the Australian east coast. “Some of our Domain Name Servers (DNS) used to route your traffic
Coinbase continues to explore support for new digital assets | by Coinbase | Jul, 2020
We are continuing to explore the addition of new assets for customers around the world. Coinbase’s goal is to offer support for all assets that meet our technical standards and which comply with applicable laws. Over time we expect our customers around the world will have access through Coinbase platforms to at least 90% of
Ethereum Rockets to $380 to Post 10% One-Day Surge: What’s Next For ETH?
What a past few weeks it’s been for Ethereum. The second-largest cryptocurrency is up approximately 50% in the past 10 days alone, with bulls finally flooding to purchase ETH after a strong macro bear market. The asset trades at $382 as of this article’s writing, going effectively parabolic on a macro scale. In the past
Bitcoin Newcomers FAQ – Please read! : Bitcoin
You’ve probably been hearing a lot about Bitcoin recently and are wondering what’s the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments. It all started with the release of the release of Satoshi Nakamoto’s whitepaper however
Title Token for Blockchain Estate Registry, Part 2
Title token is a record of ownership similar to the one made in a traditional estate registry. This concept is designed as an alternative to security tokens and various financial crypto instruments. The title token is not “backed” with real property; this is the record that directly certifies the property right — the same as
Market Wrap: Bitcoin Pushes to $11,450, DeFi Value Locked Now at $4B
Bitcoin and ether continue to make gains Friday and stakeholders are increasingly investing their crypto into DeFi. Bitcoin (BTC) trading around $11,333 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous 24 hours. Bitcoin’s 24-hour range: $10,974-$11,460 BTC above 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading
Abandon transaction in Bitcoin Core with -zapwallettxes (transaction isn’t online in mempool yet)
I have a question about removing transactions from Bitcoin Core. I know that you should be able to remove unconfirmed transactions from Bitcoin Core using the command “-zapwallettxes“. The problem is that the transaction has been removed in Bitcoin Core software but still exists in the Bitcoin network. But what happens in the following case:
BCH 3rd Anniversary Celebration, 3 Exclusive CoinEx Events Are Ready for You! : btc
Happy BCH 3rd anniversary! To give back to your long-term support and trust, we will launch a series of events exclusive for BCH 3rd anniversary with big rewards of 20,000 USDT and 20 BCH. The details are as follows. Event 1: Invite new users to register on CoinEx can share 10,000 USDT Duration: August 1
Ethereum History In 5 Charts
Five years ago this week, the first general-purpose blockchain went live on mainnet. Ethereum paved the way for a whole new use case for blockchain technology untethered from Bitcoin’s original vision as electronic cash. CoinDesk marked the milestone with a special series of stories, live-streamed conversations and even a pop-up newsletter. These charts first appeared
Who should join Coinbase: Builders | by Brian Armstrong | Jul, 2020
Coinbase is an exciting and unique company and as we continue growing, it’s important that we create a strong culture. A few years ago, I wrote in the Coinbase culture doc: Hire buildersWe hire people who are passionate about creating new products with technology. We look for entrepreneurs who are comfortable with ambiguity. We prefer