Bitcoin 

Growth of BTC Millionaires Now Matches Bitcoin’s Early Years: New Data

The number of Bitcoin (BTC) addresses containing more than 1,000 BTC ($8.3 million) is growing at the same pace in 2019 as before 2014, new data shows. Woo “super bullish” on wallet trend Uploaded to social media by Bitcoin statistician Willy Woo on Oct. 11, a chart of Bitcoin address growth by balance shows the network is now repeating a trend from its earliest years. Source: charts.woobull.com “The rate of growth of 1000BTC addresses now matches the early growth in Bitcoin’s network,” he summarized. Woo was expanding on original data…

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Ethereum 

Early Arrival of Ethereum’s Istanbul Hard Fork Causes Testnet Split

Ethereum’s system-wide activation of the Istanbul hard fork has arrived two days early and caused a split of the Ropsten testnet. Huge miner pushing the non-forked chain On Sept. 30, the community manager of the Ethereum Foundation, Hudson Jameson took to Twitter to explain that there are miners mining on the old Ropsten testnet, while others are already mining on the new one. Cointelegraph previously reported that Jameson said that the testnet launch of the hard fork was scheduled to take place at the beginning of October. He added: “For…

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Cryptocurrency 

Facebook’s Libra Wants to Hit the Market in Early 2020

It has been a hugely eventful year in the crypto sphere, and perhaps one of the most important developments has been the announcement of Facebook’s Libra. However, as soon as it was announced that it was going to be launched next year, plenty of influential regulators expressed their doubts about the cryptocurrency straightaway. Important Progress They are still doing so, and in a new development, it has emerged that Facebook (NASDAQ:FB) is going to go ahead with the launch of Libra next year as planned notwithstanding any misgivings from regulators. Regulators have…

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Bitcoin 

North Korea in Early Stages of Building Own Cryptocurrency

A North Korean representative reportedly said that the country is in the early stages of developing its own Bitcoin (BTC)-like cryptocurrency. North Korea trying to evade international sanctions On Sept. 18, Vice news reported that the Democratic People’s Republic of Korea (DPRK) is developing its own cryptocurrency in an attempt to evade international sanctions and find a way around “the U.S.-dominated global financial system”. Alejandro Cao de Benos, the official representative in charge of North Korea’s cryptocurrency conferences added that its yet-to-be-named cryptocurrency will be more like Bitcoin or other…

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Ethereum 

Ethereum’s Istanbul Hard Fork Implementation Delayed to Early October

Ethereum’s testnet activation of the Istanbul hard fork has been pushed back to early October, according to the community manager of the Ethereum Foundation, Hudson Jameson. According to CoinDesk on Sept. 6, Jameson said on a developers’ call that the testnet launch of the hard fork is now scheduled to take place in the beginning of October. He added: “For anyone listening in who doesn’t know how this works, we pick a block number that we estimate to be around the 2nd of October. […] However, that might be one…

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Bitcoin 

Early Tester Finds Both Binance Futures Platform ‘Currently Unusable’

Bitcoin futures offerings from cryptocurrency exchange Binance have come in for criticism as a pre-release tester identifies major flaws. Rocky start for Binance PR move In a series of tweets on Sept. 6, the account known as doublejump said both the options currently under consideration by Binance lacked basic features, which are essential for ease of use. As Cointelegraph reported, Binance has released two separate versions of its futures trading platform for testing by users, and plans to reward those who test and correctly vote for the winner.  Platform A…

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Blockchain 

Early Spotify Investor Contributes to Blockchain Art Registry in $7 Mln Funding Round

The blockchain-based art registry startup Artory has reportedly raised over $7 million in Series A funding round from an early Spotify investor among others. The development was announced by art-focused publication the Art Newspaper on April 22. Artory — ledger of which enables users to trace provenance and title data, as well as record sales of works of art —  has reportedly secured $7.3 million from a group of investors, including private investing firm 2020 Ventures, which backed Swedish audio streaming platform Spotify, American logistics company Postmates, and luxury goods…

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Ethereum 

Crypto Must Leave Behind the Individualism of the Early Cypherpunks

Ethereum (ETH) co-founder Vitalik Buterin has argued that the crypto community should evolve beyond the individualism associated with its early cypherpunk days and harness technology to create new, equitable and innovative systems with positive social impact. Buterin made his comments during a keynote speech at the RadicalxChange conference in Detroit, Michigan on March 24, BreakerMag reported on March 25. Buterin had jointly initiated RadicalxChange with economist Glen Weyl, co-author of the book “Radical Markets,” which argues in favor of rethinking markets from within an emboldened and radicalized liberal perspective as…

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Blockchain 

Blockchain Adoption Is Still Early

Experts and industry players have said that the adoption of blockchain technology is still in its early stages at the annual meeting of The Wall Street Journal CIO Network, The Wall Street Journal (WSJ) reported Feb. 26. The regular Wall Street Journal CIO Network is a membership exclusively for chief information officers and technology experts from the largest companies around the world. The event gathered a range of experts from startups, large corporations and governments to share their views on the development of enterprise technology. Although enterprise blockchain technology has…

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Blockchain 

UC Berkeley Launches Accelerator for Early Stage Blockchain Startups

Prestigious United States public school University of California, Berkeley (UC Berkeley) has launched a 12-week accelerator program for early stage blockchain startups. The launch was reported in an official announcement published on Jan. 28. The Berkeley Blockchain Xcelerator is partly sponsored by venture capital fund Berkeley X-Lab Fund and is reportedly the result of cooperation between Berkeley Engineering’s Sutardja Center for Entrepreneurship and Technology, the Haas School of Business and Blockchain at Berkeley. The latter is a student-run organization for blockchain innovation comprised of over 100 Berkeley students — as…

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