Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. Digital currency markets have been extremely bullish lately as bitcoin (BTC) touched a high of $10,974 on Bitfinex on Monday. BTC’s price has jumped over 8.8% in the last 24 hours and over 17%...
Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit
U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U.S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. The bailout is intended to cushion families against the covid-19 fallout. Instead of buying groceries or paying rent, many Americans opted to invest in the top cryptocurrency when they received their first...
29 Cryptocurrencies Delisted on Liquid Exchange to Comply With Singapore’s FATF Crypto Regulation
A major Japanese cryptocurrency exchange, Liquid, has delisted 29 cryptocurrencies to comply with the crypto regulation in Singapore in an effort to become a licensed crypto exchange operator in the country. Singapore has been enhancing its crypto regulation in line with the standards set by the Financial Action Task Force (FATF). 29 Cryptocurrencies Delisted One of the largest cryptocurrency exchanges in Japan, Liquid, has applied...
Another ISP Sues Record Labels Over False and Deceptive Piracy Notices
Under US copyright law, Internet providers must terminate the accounts of repeat infringers “in appropriate circumstances.” In the past such drastic action was rare, but with the backing of legal pressure, ISPs are increasingly being held to this standard. Several major music industry companies including Artista Records, Sony Music Entertainment, Universal Music, and Warner Records, have filed lawsuits against some of the...
YouTube Sued By Frustrated User Over Alleged DMCA Failures
Fueled by the massive resources of Google, YouTube is now considered one of the most important sites on the Internet. Every month two billion users log into the platform and according to the latest statistics, people watch more than a billion hours of video every day. This wouldn’t be possible without creators uploading their content to YouTube, with many doing so in the hope of gaining exposure and/or a share of the financial...
