99Bitcoins

Bitcoin News Summary – February 18, 2019

Here’s what happened this week in Bitcoin in 99 seconds. Morgan Creek Digital’s new crypto venture capital fund received investment from Virginian pension plans. The fund has raised $40 million, most of which for investment in promising crypto companies, though some portion will also be allocated to Bitcoin. A series of tweets by Wikileaks denounced …

99Bitcoins

Bitcoin News Summary – February 11, 2019

Here’s what happened this week in Bitcoin in 99 seconds. Major US exchange, Kraken, reported that it’s raised $100 million in investment from its own “whale” clients. The exchange also disclosed the acquisition of Crypto Facilities, a UK firm focused on derivatives. This news suggests that crypto futures will be coming to Kraken. Blockstream revealed …

99Bitcoins

Bitcoin News Summary – February 4, 2019

Here’s what happened this week in Bitcoin in 99 seconds. Bitcoin has officially entered the longest stretch of declining prices in its 10-year history. The world’s oldest cryptocurrency achieved an all-time high of $19,764 on December 17, 2017 and has posted a series of lower price highs ever since, making February 4, the 413th consecutive …

99Bitcoins

Bitcoin News Summary – January 28, 2019

Here’s what happened this week in Bitcoin in 99 seconds. LocalBitcoins users, be aware of a recent phishing attack. Users of the LocalBitcoins forum were redirected to a phishing site, which harvested their login details to steal deposits. The forum is currently disabled, as were withdrawals. LocalBitcoins users are urged to check out the service’s …

99Bitcoins

Bitcoin News Summary – January 21, 2019

Here’s what happened this week in Bitcoin in 99 seconds. Mining giant, Bitmain, is closing another office in Amsterdam and they are also halting its mining operation in Texas. While bad for Bitmain, these developments are actually improving decentralization in the Bitcoin mining space. Currently, only the BTC.com mining pool controls more than 11% of …

99Bitcoins

Bitcoin News Summary – January 7, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  The forthcoming major exchange Bakkt announced the completion of their first funding round, which raised $182 million. Bakkt intends to cater to institutional interest in Bitcoin and other digital assets. Concerns surfaced regarding crypto exchanges. Bitcoin investor, Trace Mayer, called for a “Proof of …

99Bitcoins

Bitcoin News Summary – December 31, 2018

Here’s what happened this week in Bitcoin in 99 seconds. Before we begin, an important update for Electrum users. If when broadcasting a transaction, you receive an error message about a security update, disregard it, this is a phishing attack. For more info visit Electrum.org. “Assist,” a South Korean business school based in Seoul, became …