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Bitcoin (BTC) is known as the first open-source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Cryptocoin doesn’t have any centralized server used for its issuing, transactions and storing, as it uses a distributed network public database technology named blockchain, which requires an electronic signature and is supported by a proof-of-work protocol to provide the security and legitimacy of money transactions. The issuing of Bitcoin is done by users with mining capabilities and is limited to 21 million coins. Currently, Bitcoin’s market cap surpasses $138 billion and this is the most popular kind of digital currency. Buying and selling cryptocurrency is available through special Bitcoin exchange platforms or ATMs.

Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work

Bitcoin’s (BTC) problems are only solvable by departing from a proof-of-work (PoW) system, according to research published by the Bank for International...

Tippin.me Teases Bitcoin (BTC) Lightning Network Tip Button for Twitter

Tippin, an independent project developing a simple web custodial wallet to receive and manage Bitcoin (BTC) through the Lightning Network, announced this...

China Crypto Mining Kingpin Issues Crazy Prediction: Bitcoin (BTC) To Hit...

$740,000 Bitcoin? Over the years, a number of zealots for the crypto ecosystem have made ambitious price predictions. Presidential...

Coinbase CEO: “Bitcoin Is My First Love”

January 3, 2019 marks Bitcoin’s 10th Birthday as Bitcoin’s first genesis block was mined 10 years ago. Crypto enthusiasts everywhere celebrated the day, and took...

Bitcoin’s Lightning Network Growth Accelerates as Its Capacity Surpasses $3 Million

Bitcoin’s layer-two scaling solution, the Lightning Network (LN) has recently seen its capacity surpass the $3 million mark, as it now has...

Bitcoin (BTC) Hashrate Gains Another Peak

The Bitcoin (BTC) network saw another mining peak, reached within a day of heightened activity. Mining touched a pace of 86 EH/s,...

Canadian Financial Institution: Bitcoin (BTC) Could Revisit $20,000 By 2021

$20,000 Bitcoin Floated… Again Researchers at Canaccord Genuity Capital Markets, a Vancouver, Canada-based financial institution, recently released a research...

Dr. Roubini’s Take On Bitcoin In Recent Interview

With the current happenings in the Cryptocurrency market, it has given the popular Bitcoin skeptic and economist;  Dr. Nouriel Roubini more power...

Komodo GM Explains How to Build on Bitcoin without Being Constrained...

Komodo enables tokenized systems to rely on the security and immutability of the Bitcoin blockchain without having to build directly...
Bitfinex

Bitfinex to return stolen BTC during a ransomware attack

A UK high court has mandated Bitfinex to seize about 96 stolen BTC gotten during a ransomware attack last year.