Bitcoin Transaction Fees Hit Three-Year Low as Lightning Network, SegWit Help BTC Scale

Bitcoin’s transaction fees have recently hit a low they hadn’t seen in over three years, as according to BitInfoCharts the median transaction fee on the flagship cryptocurrency’s network is just $0.029. As pointed out by cryptocurrency community researcher Kevin Rooke on Twitter, the Bitcoin network hadn’t had fees this low since October 2015, when it The post Bitcoin Transaction Fees Hit Three-Year Low as Lightning Network, SegWit Help BTC Scale appeared first on CCN

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Fortnite V-Bucks & Crypto are Replacing Gift Cards on Christmas Wish Lists

A new report suggests that cryptocurrency and digital assets are becoming something of a staple in the lives of the upcoming generation, with potentially seismic implications for the world of finance in the future. The Holiday 2018 report released by investment bank and asset management company Piper Jaffray reveals that, for the first time ever, American teenagers The post Fortnite V-Bucks & Crypto are Replacing Gift Cards on Christmas Wish Lists appeared first on CCN

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Bitcoin at 10: CNBC Video from 2013 Shows How Far Crypto Has Come

“You confiscate a few billion dollars out of private bank accounts, and you print a couple trillion dollars, and all of a sudden, you know what happens? People start to worry. So out of this worry, we have something called the bitcoin,” explains CNBC correspondent Jeff Cox in this video from March 2013, as bitcoin The post Bitcoin at 10: CNBC Video from 2013 Shows How Far Crypto Has Come appeared first on CCN

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NEM Foundation Launches Blockchain Hub in Melbourne

Melbourne is now home to a new blockchain hub where NEM representatives will provide support to members of the public on blockchain technology and cryptocurrency. The hub will host educational programs and blockchain events, and it will also serve as a business incubator and support centre for NEM-based blockchain startups. Having benefited from local support The post NEM Foundation Launches Blockchain Hub in Melbourne appeared first on CCN

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Bitcoin May Not Be Around In 100 Years, Says Nobel Laureate Economist Robert Shiller

Robert Shiller, a Nobel Prize-winning economist and Yale University professor, says bitcoin may be extinct in 100 years because it “looks like a bubble.” If bitcoin is around, Shiller says it will be a completely different iteration of what it is today. “I’m thinking bitcoin won’t look anything like it is today,” Shiller told CNBC. The post Bitcoin May Not Be Around In 100 Years, Says Nobel Laureate Economist Robert Shiller appeared first on CCN

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Regional US Bank Latest to Admit Cryptocurrency is Threat to Business Model

The post Regional US Bank Latest to Admit Cryptocurrency is Threat to Business Model appeared first on CCN Another US bank has listed cryptocurrency as a threat to its business model, public documents show. Regional banking institution WesBanco disclosed in its most recent annual report dated Feb. 27 and filed with the Securities and Exchange Commission (SEC) that the advent of new fintech products such as cryptocurrencies could cause them to lose clients. The post Regional US Bank Latest to Admit Cryptocurrency is Threat to Business Model appeared first on…

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The Public Will Decide Cryptocurrencies’ Future: Malaysia’s Central Bank

The post The Public Will Decide Cryptocurrencies’ Future: Malaysia’s Central Bank appeared first on CCN The head of Malaysia’s central bank has firmly stated that the fate of cryptocurrencies in the country depends on the public adopting them, adding it would neither ban nor recognize cryptocurrency. Speaking at the 40th-anniversary dinner of the Harvard Business School Alumni Club of Malaysia this month, Bank Negara governor Muhammad Ibrahim had some noteworthy The post The Public Will Decide Cryptocurrencies’ Future: Malaysia’s Central Bank appeared first on CCN

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Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model

The post Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model appeared first on CCN Bank of America, one of the world’s largest financial institutions, admitted in an annual report that cryptocurrencies are a threat to its business model. The report, which was dated Feb. 22 and filed with the US Securities and Exchange Commission (SEC), listed a range of economic, geopolitical, and operational risks that the Charlotte, NC-based bank The post Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model appeared first on…

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