Veil launched in January, allowing users to place bets on Augur prediction markets. Now Veil’s co-founder, Paul Fletcher-Hill, has announced that, while the service’s community was strong, it was too small to keep the service functioning.
HDR Global Trading, which owns crypto exchange BitMEX, has given Bitcoin Core dev Michael Ford a $60,000 grant to “maintain the Bitcoin network and push code live.” Recently, in June, Ford become the fifth “Bitcoin maintainer,” meaning he has permission to merge new code to the actual Bitcoin codebase.
Coming in the form of a Twitter tirade, President Donald Trump said he was “not a fan” of bitcoin because of its volatility and use in drug trafficking. Similarly, Trump also took aim at Facebook’s Libra project, stating the cryptocurrency would have “little standing or dependability.”
Japanese crypto exchange Bitpoint announced it has been hit by a major hack, with malicious actors stealing $32 million worth of five different cryptocurrencies. A majority of the stolen funds were taken from the platform’s users, with just over a quarter of the amount stolen from the exchange itself.
Trump’s Dislike of Bitcoin Unites and Emboldens Crypto Community The other shoe has dropped, and the president of the United States doesn’t like bitcoin. While disappointing, it’s not entirely shocking that a man who accumulated his wealth in the real estate market would take issue with a non-sovereign currency. His rejection of the digital currency, […]
Breaking: Donald Trump Bashes Crypto, Says He’s No Fan of Bitcoin President Donald Trump just tweeted about bitcoin, Libra, and cryptocurrency for the first time ever. It’s the most high-profile mention cryptocurrency has ever received. He’s not a fan: I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose […]
The US Securities and Exchange Commission has given approval to blockchain startup Blockstack to hold a public sale of its Stack tokens. Investors will be able to use Stack tokens as currency on the Blockstack network.
Peer-to-peer exchanges including Bisq and Local.Bitcoin.com have seen a rise in user rates from traders looking to maintain a level of anonymity as regulators call for more oversight of online exchanges.
Bitmain-owned mining pool Antpool lost its 12.5 BTC mining reward after the network’s full nodes rejected the newly created block, noting that the block’s “coinbase transaction” did not match the Bitcoin protocol.
South African startup Wala aimed to provide unbanked citizens of African nations with a crypto-centric payments alternative, but conflicting stories highlight the service’s struggles leading up to its demise in February of this year.