Was a Lone Whale Really Behind Bitcoin’s 2017 Bull Run? Don’t Bet on It

“Ignorance is the parent of fear.” — Herman Melville, Moby Dick In July 2019, John M. Griffin and Amin Shams, academics from the University of Texas and the University of Ohio, respectively, published the cleverly titled report “Is Bitcoin Really Un-Tethered?”Their “findings” echoed through mainstream and cryptocurrency media alike. The duo boldly claimed that bitcoin’s…

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Bitwise White Paper: Fake Trading Volumes by Exchanges Do Not Impact BTC Prices

American crypto investment manager Bitwise released a paper claiming that fake trading volumes by crypto exchanges do not impact bitcoin’s (BTC) price. Released on May 24, the white paper is an extended version of Bitwise’s March presentation alleging that 95% of volume on unregulated exchanges is fake. Published on the official website of the United…

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US Energy Department Eyes Blockchain to Prevent Power Plant Cyberattacks

The U.S. Department of Energy is exploring blockchain technology as a line of defense against cyberattacks on power plants. The department’s National Energy Technology Laboratory (NETL) unit announced Wednesday that phase two of an electric grid security project has been launched in partnership with decentralized cybersecurity startup Taekion, formerly Grid7. The laboratory provided a grant of $1…

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Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees

Over the last two years, the Lightning Network has been touted as the scaling solution for the Bitcoin Core (BTC) network. However, the solution has been heavily criticized for its lack of security, and on March 28, Bitcoin Unlimited’s chief scientist Peter Rizun wrote an interesting evaluation of the Lightning Network’s “dirty little secret.” Also…

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Survey Shows Consumers and Investors Remain Bullish on the Future of Cryptos

It’s been a long crypto winter, but according to a recent survey, consumers and investors are still positive about the long term value of leading cryptocurrencies. Researchers from the FINRA-registered broker Sharespost emphasize that people have recently become more optimistic about digital assets and plan to increase their holdings. Also read: An In-Depth Look at…

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73% of UK Consumers Say They Don’t Know What Cryptocurrency Is

Seventy-three percent of U.K. consumers don’t know what a cryptocurrency is or are unable to define it, according to a new survey from the country’s financial watchdog, the Financial Conduct Authority (FCA). Announced Thursday, the research indicates that those who are most aware of cryptocurrencies are likely to be men aged between 20 and 44. The survey,…

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Research Team Demonstrates Hard Wallets Vulnerabilities, Trezor Promises Firmware Update

Researchers have reportedly shown how they were able to hack the Trezor One, Ledger Nano S and Ledger Blue at the 35C3 Refreshing Memories conference. The demonstration of the hacks was published in a video on Dec. 27. The research team behind the dubbed “Wallet.fail” hacking project is made up of hardware designer and security…

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Austrian Blockchain Center for Multidisciplinary Research Established in Vienna

The COMET Centers, which are coordinated by the Austrian Research Promotion Agency (FFG), have approved the Austrian Blockchain Center (ABC) in Vienna, according to a Nov. 29 press release. ABC involves 21 scientific institutions, 54 companies, 17 associated participants, and 16 international institutions and companies. According to the release, the research center will be multidisciplinary…

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