Stellar, Ripple Co-Founder Dumping $100,000 in XRP Daily

Stellar, Ripple Co-Founder Dumping $100,000 in XRP Daily

Jed McCaleb, the co-founder of major cryptocurrencies Stellar and Ripple, is thought to be selling off his Ripple tokens (XRP) every day, earning some USD 100,000 now that XRP is in the midst of a huge rally. When Ripple was founded, McCaleb received XRP 9 billion. In 2014, he announced his intentions to dump all […]

Exclusive: University of Nicosia on Vital Nature of Blockchain Education and its Future

Exclusive: University of Nicosia on Vital Nature of Blockchain Education and its Future

Bitcoin News caught up with Nick Assimenos from the University of Nicosia at Blockchain Live 2018, where he discussed the university’s leading blockchain and technology programs, as well as the crucial nature of education to legitimize the industry. Institute for the future The Cyprus-based university, the first in the world to offer formal education in blockchain and […]

Bitcoin Drivechain Launched, Enables Sidechains, Scalability

Bitcoin Drivechain Launched, Enables Sidechains, Scalability

Bitcoin Drivechain has been officially released as of 24 September 2018, after about three years of being developed. Drivechain enables Bitcoin sidechains, which can be useful for building decentralized applications (Dapps) and exploring new Bitcoin technology. They also act as a scalability solution for Bitcoin. The primary purpose of the Bitcoin Drivechain is to provide the […]

Bitmain Files For IPO, Publishes Profits, Business Structure

Bitmain Files For IPO, Publishes Profits, Business Structure

Bitmain has officially filed for its initial public offering (IPO) with the Stock Exchange of Hong Kong. The application is heavily redacted; redactions include the estimated size of the IPO and timetable, but there is still plenty of information in the 300-page report on its earnings and business model. Past reports, based on pre-IPO funding […]

2.26 MB Bitcoin Block Sets Record for Block Size

2.26 MB Bitcoin Block Sets Record for Block Size

On 5 September 2018, the all-time record for Bitcoin block size was set when a 2.26 MB Bitcoin block was mined at block height 540,107. This record block size was made possible by Segregated Witness (SegWit) and transaction batching. Before the deployment of SegWit in August 2017, Bitcoin block size had a hard cap of […]