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Coinshares, Blockchain Launch DGLD Gold Token as a Bitcoin Sidechain

News A consortium of companies launched a gold-backed token with the DGLD ticker on a Bitcoin (BTC) sidechain. Swiss financial news outlet AllNews reported on Oct. 15 that digital asset managers CoinShares and MKS, as well as wallet service provider Blockchain, announced the launch of the token. I..

Almost 7% of Bitcoin’s Circulating Supply Resides in Exchange Wallets, Demand for “Hard Assets”...

Nearly 7% of Bitcoin’s (BTC) total circulating supply resides in the wallets of eight major digital asset exchanges, according to The Token Analyst. On October 8, the Token Analyst noted via Twitter that throughout Bitcoin’s history, the amount of the most widely-used crypto assets stored on exchan..

Blockstream’s Samson Mow: Bitcoin’s Block Size May Already Be ‘Too Big’

News The chief strategy officer at Bitcoin (BTC) technology firm Blockstream has said that the current block size capacity may not even be needed in the future. Speaking in an interview with industry news outlet Decrypt on Oct. 6, Samson Mow stated that as off-chain scaling solutions such as the L..

Ex-Google Product Manager Joins Multicoin Capital as Investment Principal

News Blockchain and cryptocurrency investment firm Multicoin Capital hired a former Google product manager as one of its new investment Principals. In a blog post published on Oct. 1, managing partner Kyle Samani said that Tony Sheng would help secure new deals for the firm while also working with..

Overstock’s Path From Dot-Com-Bubble Ruins to Blockchain Ecosystem

Analysis On Sept. 19, former Overstock.com CEO Patrick Byrne sold his entire stake in the firm, which accounted for 13% of the company and was worth over $90 million. While the move surprised many, those closely following Patrick’s eccentric personality saw it coming from a mile away. Overstock w..

South Africa: The Next Frontier for Crypto Exchanges

Expert Take Africa is set to be the next battleground for major crypto asset exchanges, as the conditions on the continent are favorable for virtual currency, and as a leading economy, South Africa could lead the charge in this digital transformation. We will examine how the economic situation and..

Bitcoin Miners Uber Bullish as Difficulty Set for 60% Quarterly Growth

News Bitcoin (BTC) will see its mining difficulty grow by almost two-thirds in Q3 2019, new data reveals as the metric astounds markets. Bitcoin metrics show big competition in playUploading historical and future projections to Twitter on Sept. 19, well-known analyst Kevin Rooke noted difficulty h..

Big Four Auditing Firm Deloitte Allows Staff to Pay Lunch in Bitcoin

News Big Four auditing firm Deloitte is now allowing its staff to pay for food in the cantine using a mobile Bitcoin (BTC) wallet. English-language local news outlet Luxembourg Times reported on Sept. 17 that Deloitte is testing Bitcoin among its employees to “see how the audit giant could use the..

US Army Seeks Blockchain Experts Who Can Trace Bitcoin in Real-Time

News The United States Army Contracting Command (ACC) of New Jersey has issued a pre-solicitation notice for cryptocurrency investigation service providers. As a pre-solicitation, posted on July 25, the notice and the ACC’s responses do not bind ACC to solicit or award a contract. For use in crim..

Could Crypto Be Compliant With Sharia Law? Experts Answer

Experts Answer The rise in popularity of Bitcoin (BTC) and other cryptocurrencies has led to the discussion among Islamic scholars about digital currency’s compliance with Islamic canonical law. Islamic law — known as Sharia — is based on the teachings of the Quran and includes regulations concer..

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