BitMEX Research Confirms Lightning ‘Justice’ Works

The Lightning Network, as Bitcoin’s second layer for instant payments and greater transaction privacy, requires a matching degree of security robustness. However, due to the differences in its architecture from Bitcoin, the means to guarantee the honesty of participants can’t rely on the same Nakamoto Consensus design. The intricacies of payment channels and network synchronization …

Circle Shifts Exchange Operations to New Bermuda Office

As the U.S. lawmakers and the Treasury Secretary consider implementing stringent regulations against cryptocurrency, Circle has packed its bags and moved offshore to Bermuda. Circle Moves to Evade Oppressive Regulation As regulatory pressure continues to stack up against cryptocurrency companies, Circle has announced that it is moving nearly 100% of its exchange operations offshore. Circle …

In Senate Hearing, Facebook’s Iffy Reputation Looms Over Libra Plans

Today, Libra project head David Marcus testified in front of the United States Senate Banking Committee on Facebook’s incipient “cryptocurrency.” The discussion was largely overshadowed by Facebook’s tarnished reputation for user privacy and the mistrust its business practices have engendered.  Facebook announced Libra a little less than a month ago, but the idea of it …

Fidelity’s Crypto Wing Seeks NY State Trust License

Fidelity Digital Asset Services (FDAS) recently applied for a trust license in the state of New York. Does this mean mass crypto adoption is on the way? Everyone Wants a Slice of Crypto Pie Rumor has it Fidelity Digital Assets (FDAS) officially filed an application to operate as a trust in the U.S. state of …

Bitcoin Buoyed By Free Marketing, Will BTC Prices Double By 2020?

Bitcoin (BTC) consolidating below $11,200 Iranians turning to Bitcoin Despite deliberate attacks from politicians, Bitcoin as an innovation is an “unstoppable force”. Fearing the unknown, they are unknowingly marketing BTC as an alternative. For now, BTC is steady, but bears are firmly in control. Bitcoin Price Analysis Fundamentals Cryptocurrency investors and traders are in the …

Can Graphite Replace Google Drive and Google Docs?

Big Brother, in its governmental and corporate forms, has been watching us for many years. One of its most aggressive ongoing forms started with the USA PATRIOT Act of October 2001, which laid the foundation for an unprecedented mass surveillance apparatus which extends beyond American borders. Meanwhile, companies like Google and Facebook have built multi-billion …

CFTC Probes Bitcoin Exchange BitMEX

The U.S. Commodity Futures Trading Commission (CFTC) is reportedly probing bitcoin exchange platform BitMEX over suspicions of providing service to American traders. CFTC Investigating Whether BitMEX Serviced US Traders According to Bloomberg, anonymous sources say the U.S. regulatory watchdog is investigating the popular bitcoin exchange. Reports indicate that the probe centers around BitMEX allowing U.S. …