Over 40 Bitcoin Forks Are Down More Than 98% Since 2017’s Forking Fiesta
Since the summer of 2017, more than 44 forks of the Bitcoin network were created and so far many of them have lost considerable value and are near worthless. To-date only a few of the forks that stem from Satoshi’s creation have remained relevant during the last three years. There are three branches of Satoshi Nakamoto’s codebase that have commanded top positions within the top fifteen coins in the crypto coin market economy. Bitcoin...
Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company Buys 17K BTC in 74 Hours
Nasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when his company purchased $425 million worth of bitcoin. Billion Dollar Public Company Dives Into Bitcoin Microstrategy recently made history in the bitcoin space when it became the first publicly-traded company...
Brazen Nigerian Crypto Scam Inksnation Still Operational Three Months After Regulator Warning
One of Nigeria’s most brazen crypto scams, Inksnation remains operational and still invites new investors some three months after the country’s Securities and Exchange Commission (SEC) deemed its activities illegal. The SEC has previously warned Nigerians against investing with the scam saying doing so would be at own risk as there is no legal recourse in event of the scam collapsing. False Blockchain claims The SEC warning had been...
Party at Vitalik’s House? For DeFi, it’s Do-or-Die
Ethereum gas prices have set new records, with single DeFi transactions costing over $10 in fees. High fees are the result of congestion, as users pay ever higher fees to ensure their transaction gets into a block. As DeFi takes off, the price of gas on Ethereum threatens its future. Or does it? Is the Party at Vitalik’s House? Gas on Ethereum can be seen as “block space rent” and many are saying the rent is too damn high. That...
‘Copyright Troll’ Loses Legal Battle and Must Pay $172,173
Over the past years, dozens of independent photographers have taken their copyright disputes to court, accusing companies of using their work without permission. While many of them have a legitimate claim, these ‘photo’ lawsuits generally have a bad reputation. This is in part due to the tactics employed both in and outside of court. One of the most active attorneys, Richard Liebowitz, made a name for himself through such...
