Omni Layer Fork Called ‘Wormhole’ Debuts for Bitcoin Cash

According to a report on the social media platform Yours.org, software developers associated with the mining giant Bitmain plan on launching a smart contract protocol for the Bitcoin Cash (BCH) network. The project called ‘Wormhole’ will utilize the increased data-carrier-size… Continue Reading

The Daily: Blackrock Probes Market, Coinbase to List Securities, Bitpay Gets a Bitlicense

In today’s edition of Bitcoin in Brief we cover the news that the world’s largest asset manager Blackrock is examining the crypto market, Coinbase is approved to list security tokens, and Bitpay got a New York Bitlicense. Additionally, the BCH… Continue Reading

The Daily: Poloniex Goes Mobile, Cobinhood Adds USD Fiat, Bitmain Expands

In today’s edition of Bitcoin in Brief we cover a new mobile app from Poloniex, the addition of USD fiat at Cobinhood exchange and the expansion plans of Bitmain in Israel. We also report about a triad boss who claims… Continue Reading

The Daily: Bitmain Valued at $12 Billion, New US Crypto Exchange Opens for Business

In today’s edition of Bitcoin in Brief we cover how Bitmain’s valuation reached $12 billion, the opening of a new US-based crypto exchange, and Binance’s decision to donate $1 million to flood victims in Japan. Additionally, we explore what parts… Continue Reading

Quebec Mining Drama: Bitmain Money Muscle or Local Sour Grapes?

Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes… Continue Reading

Coinbase Founder Launches Cryptocurrency Fueled Charity ‘Givecrypto’

On June 27 the CEO and co-founder of Coinbase, Brian Armstrong, announced the launch of a new cryptocurrency powered charity called Givecrypto.org. Armstrong says he’s always believed in the power of cryptocurrency funded philanthropy and explains the new nonprofit is… Continue Reading

The Daily: Akon Launches Akoin, ICO Mogul Buys $19M Land with Bitcoin

A musician who wants to use cryptocurrency to create a “real-life Wakanda” in Africa is the main feature in today’s edition of Bitcoin in Brief. Additional stories include an ICO mogul who bought land worth $19 million with bitcoin, a… Continue Reading

Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand

With demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from… Continue Reading

Mining Manufacturer Obelisk Announces ASIC-Friendly Launchpad

Obelisk, a new ASIC manufacturer led by Siacoin developer David Vorick, has released plans for an ASIC launchpad for Proof of Work coins. Its aim is to provide new and existing cryptocurrencies with an ASIC-friendly algorithm that will mitigate the… Continue Reading

100+ Coders Gather in China to Build Apps Tied to the Bitcoin Cash Network

On June 1-3, 100+ coders gathered together for the ‘BCH Geek’ in Hangzhou, China, an event that focused on developers creating BCH-based apps in order to make “bitcoin cash available to all.” According to regional reports, the event was quite… Continue Reading