‘Bitcoin Not Blockchain’, As Crypto Venture Capital Falls 60%

According to new research from CB Insights, blockchain venture capital is on track for a 60% decline when compared to 2018 figures. With Bitcoin price on the rise, it’s fair to suggest that blockchain startups are out this year and Bitcoin is back in. Disentangling Bitcoin From Blockchain One of the great things about Bitcoin […]

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Overview: Facebook Libra Project US Senate Hearing

Earlier today Facebook Libra met with US Senators from the Senate Banking Committee. Here are a few highlights of note from the hearing. Facebook Libra Meets with Lawmakers Again Today Facebook answered questions from concerned US lawmakers on the Senate Banking Committee. As previously covered by Bitconist, lawmakers are worried that Facebook’s Libra cryptocurrency could […]

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Bitstamp Unveils Bitcoin Lightning Network Node

On July 8 the Lightning Network got a huge publicity boost as Bitstamp announced that it had launched its own Lightning node. Another Step Toward Widespread Adoption On Monday Bitstamp revealed that it had launched a Bitcoin Lightning node to further facilitate the growth of Bitcoin’s Lightning Network (LN). The European cryptocurrency exchange said that […]

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Forget FUD, Day Trades; Go Long On Your Bitcoin Investment

Cryptocurrency skeptics who only focus on Bitcoin’s immediate price action are failing to see the forest for the trees. In a recently published op-ed, Bloomberg contributor Leonid Bershidsky advised investors to ignore Bitcoin’s quick ascension to $5,000 as the move was nothing more than a “blip” driven by manipulation. Throughout the article, Bershidsky questioned the […]

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Wanchain Beta Testnet Goes Live, What’s Next?

Wanchain – a blockchain project that aims to build the future of digital finance, has just launched its much anticipated Galaxy Proof of Stake Beta TestNet. Through the platform’s cross-chain communication protocol, the Wanchain beta launch takes yet another step towards solving the blockchain arena’s interoperability woes.  In a nutshell, this centers on an inability […]

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Facebook Unveils Wallet For Pseudo-Cryptocurrency ‘Libra’

Facebook has finally unveiled its cryptocurrency offering, revealing a custodial wallet and making suspicious claims about what gives it value. Facebook To ‘Make Money Better’ As Website Crashes Dubbed ‘Calibra,’ the wallet will serve Facebook’s coin, which will be known as ‘Libra’ in line with previous hints surfacing in the press in recent weeks. The […]

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Diamond-Backed StableCoin CEO Talks Blockchain For Storing Value

Bitcoinist spoke with Jeremy Dahan, founder and CEO of diamDexx, a diamond-backed stablecoin that promises to make cryptocurrencies more practical for everyday use. In the decade since the 2008 financial crisis, the monetary system has changed tremendously. Once unshakable pillars of the industry no longer exist, and new financial instruments, like digital currencies, have become […]

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