Charles Hoskinson: Recursive SNARKs Could Help Bitcoin Scale

In a Cointelegraph interview, Charles Hoskinson said that in his opinion, recursive snarks could be a solution for the Bitcoin’s (BTC) scalability problems. Intellectual dishonesty Hoskinson believes that there was a lot of intellectual dishonesty in the block size debate, which eventually led to the creation of Bitcoin Cash (BCH). Discussing the main argument of … Read more

Report Shows Crypto Derivatives Volumes Soared 32% to a Record $602 Billion in May

Cryptocurrency derivatives trading volumes climbed 32% in May to a new record high of $602 billion, according to data analytics company Cryptocompare. Total spot volumes grew at a slower pace, rising 5% to $1.27 trillion in May, the London-based firm said in a new report published June 4, 2020. The figures show increasing investor interest … Read more

The Mysterious Satoshi Nakamoto Allegedly Leveraged a Russian Proxy for Communications

4,171 days ago in 2009, Satoshi Nakamoto invoked the Bitcoin network after sharing the white paper with people since Halloween 2008. Just recently, it has been discovered that Nakamoto leveraged a Russian proxy to obfuscate his whereabouts and the inventor used the proxy back in January 2009. For quite some time now, armchair sleuths have … Read more

India’s Crypto Trading Volume Soars Amid Economic Crisis

Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said. “The Indian market holds great potential and importance for the future of the crypto-economy.” Record-Breaking Growth Across the Indian Crypto Industry Cryptocurrency trading volume has been growing by … Read more

Jamborow, a Nigeria startup and blockchain fintech platform, bags US$400,000 from its shareholders

Fortune has smiled on Jamborow, a blockchain platform. Report reaching us at TechInAfrica is that the Nigerian startup has secured US$400K. The investment came from the startup’s shareholders.  Jamborow was founded in 2018 by three Nigerians, namely; Olusegun George, Moses Onitilo, and John Kamara.  Further, the report also indicated that the funds secured will help Jamborow to launch … Read more

Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg

Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.” Bloomberg points to quantitative easing and the coronavirus pandemic as the fuel behind bitcoin’s maturity, particularly when benchmarked … Read more