Kraken Announces Largest-Ever Grant to BTCPay Server – Bitcoin Magazine

The Summer of 2020 will forever go down as the “Summer of Giving” within the Bitcoin community as yet another significant grant is being given to support open-source development. Cryptocurrency exchange Kraken has announced it has sent $150,000 worth of bitcoin to help support the further development of open-source bitcoin payment processor BTCPay Server. This gesture from Kraken marks the largest-ever donation to BTCPay and coincides with their recognition of Micro-, Small and Medium-sized Enterprises Day. “A recognition from a big enterprise like Kraken makes us feel energized. At the…

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Bitcoin Sees Third Lowest Volatility Since The Crypto Bubble First Began

Bitcoin price has been trading sideways for over forty days and counting. The crypto asset has been unable to break above $10,000 or remain below $9,000 for more than a few moments. The sideways action has caused the third-lowest volatile point on record over the last four years. The first time started the last bull market; the last time caused a 50% drop – is the third time the charm? Sideways Trading Bitcoin Markets Still Reeling From Black Thursday Chaos Bitcoin and the rest of the crypto asset class are…

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Brazil’s Shutdown of WhatsApp Pay May Spark Big Demand For Bitcoin as Currency

Bitcoin may see a major boost in demand following Brazil’s Central Bank blocking payments from the WhatsApp messenger app in the country. Brazil is the app’s second-largest market, leaving a massive hole that could soon be filled by cryptocurrencies. Central Bank Of Brazil Suspends Facebook’s WhatsApp Payment Feature In a move to “preserve an adequate competitive environment,” the Central Bank of Brazil has suspended the payment feature on WhatsApp in the country. WhatsApp is a popular chat application offered by Facebook, Inc. with built-in payment functionality. This functionality is now…

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Blockchains Are an Excellent Solution for Privacy, Part 3

Some entrepreneurs have been trying to increase data privacy by combining encryption and blockchain technology. There are projects like Oasis Labs and Enigma that focus entirely on preserving users’ privacy. Meanwhile, others have been focusing on preventing data retention by companies. Thus, there is no way to guarantee that personal data is deleted in a company’s data system. Blockchain technology’s reliable consensus ensures that people’s data is used correctly. Protection against software and hardware attacks Companies like Oasis Labs, which designed the Ekiden system, run smart contracts outside the blockchain…

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OKCoin, BitMEX Grant $150,000 to Amiti Uttarwar – Bitcoin Magazine

As the saying goes: when it rains, it pours. And lately, the Bitcoin Core development community appears to be experiencing a welcomed shower. Today, cryptocurrency exchange OKCoin and HDR Global Trading Limited, which operates the cryptocurrency exchange BitMEX, announced a $150,000 grant for Core developer Amiti Uttarwar. The donation follows similar gifts from both donors, as well as others, that have been announced in recent weeks. Uttarwar focuses on Bitcoin’s peer-to-peer layer, notably reducing the frequency that wallets attempt to rebroadcast transactions and, therefore, the frequency with which transaction information…

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Money Manager Recommends Zero Exposure To Equities, Will Capital Flow Into Bitcoin?

A highly respected money manager that has called the last three financial bubbles says the current bubble is the “real McCoy,” and recommends zero exposure to traditional equities. But investment capital must flow somewhere – will Bitcoin benefit from the eventual stock market bubble bursting? Legendary Bubble Expert and Money Manager Recommends Zero Exposure To Equities Although Black Thursday saw an initial stock market selloff that also crushed Bitcoin and other cryptocurrencies, once the Federal Reserve kicked its money printer into overdrive, the impact on the stock market has all…

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Over 900 Days Since Bitcoin All-Time High, Data Shows Another Year Before New Record

On December 17, 2017, Bitcoin price set a record for its all-time high, touching just under $20,000 before a reversal into a bear market took place. Since then, over 900 days have passed and with each new day, Bitcoin inches closer to setting a new record. According to past data, there may be another year or more left before the first-ever cryptocurrency reaches a new all-time high. Remembering The Cryptocurrency’s Meteoric Rise To A Record Nearly $20,000 In late 2017, Bitcoin went from being virtually unheard of by the public,…

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Nevermind Coinbase — Big Brother Is Already Watching Your Coins

On June 5, cryptocurrency exchange Coinbase came under fire for its alleged efforts to sell crypto surveillance services to both the U.S. Drug Enforcement Administration and the Internal Revenue Service. In the days since, Coinbase representatives have made it clear that the company’s analytics services do not share any personally identifiable data with law enforcement. They claim to source all data from publicly available information. Big brother has been keeping tabs for nearly a decade Though Coinbase’s denial may contain a grain of truth, a source who has worked in…

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