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  • Cobra Cobra: Lightning Network Threatens Long-Term Value of Bitcoin

    Cobra Cobra just posted on Reddit that the Lightning Network (LN) actually poses a threat to the long-term value of Bitcoin. Lightning Network is not Bitcoin’s exclusive scalability solution, but any scalable token solution. Why use Bitcoin when you can pay for a token that supports Lightning Networks at a lower cost? Bitcoin is more […] More

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  • Bitcoin soars or is related to Big Hand deal on Bitfinex platform

    Bitcoin has soared for more than 1,000 US dollars in the past hour and its volume has exceeded 25,000. According to the market value of 7,700 US dollars, the market turnover is close to 200 million U.S. dollars. Of these, Bitfinex accounted for nearly 15,000 transactions, accounting for 60% of the total volume, it is […] More

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  • Bitcoin sent a summary of Bitcoin fraud cases

    Bitcoin issued a document summarizing recent cases of bitcoin fraud. 1. The Philippine National Police (PNP) arrested a couple (Arnel and Leonay Ordania) who promised to receive a 30% bitcoin investment return every 15 days to raise about $900 million for 50 investors; 2. Vietnam, Ifan and Pincoin are suspected of defrauding 32,000 investors of […] More

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  • Bitcoin ABC Chief Developer Confirms BCH Will Perform Hard Fork Upgrade Next Month

    Bitcoin ABC chief developer Amaury Séchet has confirmed that Bitcoin cash will perform a hard fork on the 15th of the month to perform upgrades including increasing the block size. It is understood that currently Bitcoin ABC 0.17.0 has been officially released. When the timestamp in the BCH blockchain network is equal to or greater […] More

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  • Bloomberg: The recent Bitcoin bubble is not the first time, it may not be the last time

    According to Bloomberg, the recent Bitcoin bubble is not the first time, and it may not be the last time. Bitcoin prices plummeted after prices soared in 2011, 2013 and 2014, and each time Bitcoin’s bubble reached its peak was greater than the previous one. Bloomberg analysts believe that the reasons for Bitcoin’s recurring bubble […] More

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  • Roger Ver and Samson Mow Discuss Debate on Bitcoin Enhancements

    According to Bitcoin.com, Bitcoin.com CEO Roger Ver and Blockstreamm’s CSO Samson Mow recently debated the issue of bitcoin’s issuance in a public forum. Ver believes that the increase in the scale of Bitcoin is a natural attribute. If the demand for market usage grows, there is no reason to refuse to expand the scale of […] More

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  • Forbes News Advisor: Bitcoin’s design flaws constrain its development prospects

    Forbes News Advisor Saeed Elnaj said that the design flaws of the Bitcoin blockchain will limit its future development prospects. It also exemplifies several issues that currently exist in bitcoin and bitcoin blockchains. First, the bitcoin blockchain consumes more energy than Ethereum; Second, Bitcoin blockchain can only handle 7 transactions per second, while Ethereum is […] More

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  • British investment punishment Bitcoin with stolen money

    According to theinquirer, the 23-year-old Britishman Gabriele Pearson was sentenced to 15 months’ imprisonment for fraud last week, which is the first time the UK has punished Bitcoin. Pearson uses his position to steal Paypal credentials, launders money through online games, and invests money in Bitcoin. The police discovers that they will be confiscated after […] More

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