High Bitcoin Fees? Binance Just Moved $550 Million for $5 Bucks –

Bitcoin’s benefits over fiat unexpectedly hit the spotlight again May 31 after cryptocurrency exchange Binance generated a giant transaction while moving funds. Bitcoin Moves Half A Billion In Minutes Data from Whale Alerts, which monitors transactions on cryptocurrency blockchains, initially worried commentators after showing a series of transactions worth over $500 million. “This was an […]

Continue Reading

Big Four Auditing Firm EY Open Sources its Ethereum Private Transaction Solution

Big four auditing firm Ernst & Young (EY) open sourced the code of its Nightfall Ethereum (ETH) private transactions solution and released it on GitHub on May 31. The readme information file featured on the GitHub repository explains the function of the software in question: “Nightfall integrates a set of smart contracts and microservices, and […]

Continue Reading

Op Ed: Debunking Bitcoin Myths, The ‘Intrinsic Value’ Fallacy

A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. This point was an area of heavy debate among libertarians and Austrian economists who had become interested in bitcoin as […]

Continue Reading