Author: Thomas J Ackermann

Ethereum co-founder Vitalik Buterin says the Ethereum blockchain is almost full. In an interview with The Star published Aug. 19, he said the hurdle that faces big organizations interested in the Ethereum ecosystem is the still-thorny matter of the blockchain’s scalability. “Scalability is a big bottleneck” Buterin’s stark comments were made as part of a…

November 2018 A year long bear crypto market appears to have had a negative impact on the profitability of cryptocurrency mining. In spite of this, Bitcoin miners still managed to generate $4.7 billion in profit in the first six months of 2018. Constantly growing competition between big mining pools and the increasing difficulty of Bitcoin’s…

Bitcoin Realized Market Cap Hits $100 Billion for the First Time The Bitcoin (BTC) network passed a new milestone this week, as new data revealed the extent of altcoins’ losses. According to data aggregator Coinmetrics.io on Aug. 25, so-called “realized market cap” has become the latest indicator flashing bullish for Bitcoin. Realized Bitcoin market cap…

The pro-democracy, anti-government protest movement in Hong Kong is spurring wider adoption of cryptocurrencies such as Bitcoin (BTC). Yahoo! Finance reported on Aug. 28 that the political upheaval in the city — which has now entered its 12th week — is prompting several local businesses and individuals to switch to using non-sovereign and decentralized digital…

Bitcoin’s performance has outstripped mainstream investments in internet firms since 2010 by 338,433,233%, it has been claimed. Twitter user Crypto Godfather, CEO of blockchain-focused magazine Block Journal, shared data to corroborate his point on Aug. 27. Bitcoin price has exploded from a few cents to thousands of dollars The earliest price data for Bitcoin dates…

(v.l.n.r.) Die Österreicher Alexander Rapatz (Co-Founder) und Martin Steininger (Managing Director & Group CFO) Nach neun Monaten der Vorbereitung hat Black Manta Capital Partners, eine in Berlin ansässige One-Stop-Agency für Security Token Offerings (STOs), eine Lizenz von der Finanzaufsicht BaFin erhalten. Das Unternehmen darf jetzt Finanzdienstleistungen auf Basis der Blockchain-Technologie anbieten. Black Manta Capital Partners…

Total Bitcoins in circulation: 17,886,788 Total Bitcoins to ever be produced: 21,000,000 Percentage of total Bitcoins mined: 85.18% Total Bitcoins left to mine: 3,113,213 Total Bitcoins left to mine until next blockhalf: 488,213   One of the interesting things about Bitcoin that some people might forget — or never realize — is that it has…

Bitcoin & Co: US-Finanzamt erinnert an Steuerpflicht Die US-Steuerbehörde plant wohl, Exempel zu statuieren. Noch können sich US-Bürger, die ihren Gebrauch von Kryptogeld nicht versteuert haben, selbst helfen. 10.000 US-Bürger bekommen diesen Sommer ein Erinnerungsschreiben des US-Finanzamtes IRS. Die Empfänger stehen unter Verdacht, Geschäfte mit Kryptowährungen wie Bitcoin, Ethereum oder Ripple nicht ordnungsgemäß gemeldet oder…

Der aktuelle “Future Shopper”-Report der Agentur Wunderman Thompson zeigt eine überraschende Entwicklung in der digitalen Shoppingwelt. Laut der Studie, für die über 15.000 Onlineshopper in den USA, Großbritannien, Frankreich, Deutschland, Spanien, Tschechien, Belgien und den Niederlanden befragt wurden, ist Onlinehändler Amazon zwar wichtig, aber nicht mehr unschlagbar. Zwar bündelt der Händler aus Seattle mittlerweile 36…

Why halving could cause another spike. The third “halving” in the history of bitcoin is coming up around May 2020, something anybody who has bought bitcoin in the last few weeks should be aware of as the cryptocurrency to rule them all ascends in value once again to more than $11,200 — at the time…

Bitcoin (BTC) adoption by institutions has gone from a myth to fact in the past year, the CEO of major cryptocurrency exchange Coinbase has said. “We know the answer” about adoption: Armstrong Speaking on Twitter Aug. 16, Brian Armstrong said that 2019 had formed the year of reckoning for institutional Bitcoin uptake, with the trend…

American retail giant Walmart has submitted a patent application for a drone communication system that is based on blockchain technology. Walmart filed its patent with the United States Patent and Trademark Office (USPTO) on Aug. 1. The filing describes a system on a drone that encrypts and stores that drone’s operational parameters. That information is…

The recent dusting attack against the fourth-biggest altcoin Litecoin (LTC) affected 294,582 addresses, according to a new report. The finding added to an earlier estimates provided by the Binance Academy that upwards of 50 accounts were affected. Blockchain data and metrics firm Glassnode revealed its latest findings in a tweet on Aug. 15, saying that…

Everything flourishes with a bit of attention – even attention itself. You may have heard some rumblings recently about the bitcoin dominance rate. This measures the weight of bitcoin in the crypto universe, by taking its market cap as a percentage of the total market cap for all crypto assets. Traders and investors keep an…

QuadrigaCX’s deceased CEO Gerald Cotten circa 2015, image via Decentral A Big Four Audit Firm Lost $1 Million In Bitcoin. Victims Are Losing Patience The Takeaway: QuadrigaCX’s former users are running out of patience with Miller Thomson and EY, the court-appointed companies tasked with recovering their missing funds. The users want more transparency into EY’s…

The Takeaway Chinese importers in Russia are buying up to $30 million a day of tether (USDT) from Moscow’s over-the-counter (OTC) trading desks. They use the cryptocurrency to send large sums back to their home country, which has strict capital controls. Previously the merchants used bitcoin for this, but when the market crashed in 2018…