Posted Date: July 16, 2018
A chain is only as strong as its weakest link, and in a blockchain that link lies in the form of its founders. Getting nodes to achieve consensus is easy compared to the difficulty of getting humans to achieve consensus. The greatest challenge that new blockchains must solve isn’t speed or scaling – it’s governance. […] The post Why Governance is the Greatest Problem That Blockchains Must Solve appeared first on Bitcoin News.

Posted Date: July 16, 2018
One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. The exchange is working on obtaining regulatory approval from the financial regulators of both countries. The new locations are part of the exchange’s global expansion plan. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Expanding into Thailand Bithumb is currently working […] The post Major Korean Exchange Bithumb Expanding into Japan and Thailand appeared first on Bitcoin News.

Posted Date: July 16, 2018
The anniversary of the blockchain split that took place on August 1, 2017 is just two weeks away. Over the past few months Bitcoin Cash (BCH) infrastructure support and development has been exponential, while BCH proponents have also seen a bunch more announcements during the second week of July. Also read: Have You Tried Blockchain 5.0 […] The post BCH Roundup: Steady Development, Market Uptrends, and New Apps appeared first on Bitcoin News.

Posted Date: July 16, 2018
Decentralised Capital, an Australian advisory firm “specializing in blockchain assets” and “asset management services,” has announced a partnership with Custodian Vaults, an Australian private vaulting company, to offer insured cryptocurrency custody services to the Australasian market. Also Read: Have You Tried Blockchain 5.0 Yet? Nobody Else Has Either Decentralised Capital and Custodian Vaults Partner to Provide […] The post Australian Firms Partner to Provide Crypto Custody Services appeared first on Bitcoin News.

Posted Date: July 15, 2018
Over the past few years, the buzzwords “Blockchain Technology” have been tied to literally every industry under the sun. Cryptocurrencies had a wild year in 2017 and it seems during that time distributed ledger technology has made it all the way to the ‘Blockchain 5.0’ era, but there’s a big problem — No one reporting […] The post Have You Tried Blockchain 5.0 Yet? Nobody Else Has Either appeared first on Bitcoin News.

Posted Date: July 15, 2018
More academic institutions in Russia are starting educational courses and even postgraduate programs in crypto and blockchain technologies. Three universities will be teaching related subjects like cryptography and digital economy during the new academic year beginning in September. Some of the courses will be conducted in English and with guest lecturers from Europe, India, and […] The post Three Russian Universities Add Crypto Courses and Diplomas appeared first on Bitcoin News.

Posted Date: July 15, 2018
In this week’s daily editions of Bitcoin in Brief we reported about a couple of new exchanges, a major security breach at Bancor, and why the Binance CEO came out against Ethereum founder Vitalik Buterin. This week’s most commented-on article covered the Nobel laureate economist Joseph Stiglitz, who predicted that cryptocurrencies will be “regulated into oblivion.” Also […] The post This Week in Bitcoin: New Exchanges, Bancor Breach, Binance CEO vs Vitalik appeared first on Bitcoin News.

Posted Date: July 15, 2018
In an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court […] The post Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank appeared first on Bitcoin News.

Posted Date: July 15, 2018
BTC supporters were elated to discover recently that the Lightning Network’s (LN) capacity had spiked by 216 percent in just one day. Some individuals suspected the Build on Bitcoin conference had sparked more LN interest. However, onlookers have found the spike was due to a single node created by the owner of Shitcoin.com. According to […] The post One Guy Controls the Lightning Network’s Biggest Node appeared first on Bitcoin News.

Posted Date: July 15, 2018
The BTC markets are currently attempting to establish a higher low above $6000 after failing to break above resistance at $6800 at the end of June, whilst BCH appears to have bounced off the critical support area of $600 – $650 for the second time in 2018. In recent altcoin market action, Cardano (ADA), Basic […] The post Markets Update: HODLers Pray for Higher Lows, Prospective Coinbase Listings Rally appeared first on Bitcoin News.