Author: Bitcoinia

Bitcoin Payment Processor Closes Seed Investment Round Backed by Tim Draper

Bitcoin (BTC) payment processor OpenNode has completed a seed investment round with investment from American venture capitalist Tim Draper, according to an announcement on Dec. 18. Founded in April 2018, OpenNode is a multi-layered Bitcoin payment processor for merchants developed by a group of Lightning Network designers and Bitcoin developers, that aims to improve and […]

Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet

Blockchain technology company Blockstream revealed the second phase of its satellite-based Bitcoin communications project Blockstream Satellite this week. Satellite Coverage Expands To Asia Pacific Part of a plan to provide free private Bitcoin sending and receiving without the need for an internet connection, the company now provides satellite coverage of the Asia Pacific region, an accompanying […]

Bitcoin Scam Alert: Criminals Demand BTC Payment to Call Off Hit Man

Scam artists have tried just about every trick in the book to relieve people of their Bitcoin in recent years. The latest effort is rather lacking in the sophistication department, however. A report in Bleeping Computer states that people have been receiving emails that are apparently from the owner of a dark web site offering […]

Syncing Data Between Bitcoin Nodes Is About to Get Easier

Minisketch is a new solution that’s trying to solve an old problem. Spearheaded by Blockstream co-founder Pieter Wuille, Bitcoin Core contributor and fellow Blockstream co-founder Gregory Maxwell, and Blockstream software engineer Gleb Naumenko, the open-source initiative is designed to achieve set reconciliation between the mempools of each full node. “Set reconciliation, in short, is the […]

Stablecoin Tether is Fully Backed By Dollars, New Bank Statement Reveals

Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves.  2.2 Billion in the Bank Purportedly, statements from four separate months, detailing the cash held in Tether’s accounts, confirm the Tether USDT 00 stablecoin is fully […]

Original Crypto Anarchist Who Was Displeased With Crypto Hype

Timothy C. May, co-founder of the cypherpunk activist movement and author of “The Crypto Anarchist Manifesto” has passed away at the age of 67. That information was first shared on Dec. 15 by alleged cypherpunk member Lucky Green via Facebook. According to Green, May had most likely died of natural causes earlier last week at […]