Even though the original Bitcoin whitepaper was strictly focused on providing a digital cash solution, the underlying blockchain and its distributed ledger system ended up getting a lot of attention, particularly with regard to its potential applications beyond the financial services industry. In mid-December, a major insurance company announced in…
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99Crypto
BitPay Outage A Holiday Headache
Even though Bitcoin was envisioned as a peer-to-peer (P2P) system for exchanging digital cash, the reality of the BTC blockchain in 2019 is that transactions are highly dependent on major platforms such as BitPay, a digital currency payments processor that recently suffered an outage lasting for more than three hours.…
The Latest in Cryptocurrency: Drops and Increases
While the value of some major cryptocurrencies has either dropped or increased slightly this week, their 24-hour gains have been fairly significant. Of the top-20 cryptocurrencies on the market, many of them are experiencing modest gains as of press time, with Bitcoin breaching the $7,400 mark once more. The…
How Cryptocurrencies Benefit Retailers At Christmas
Christmas has historically been a bullish time for crypto. Some believe that the reason lies in investors’ desire to gift coins to their loved ones. Children’s trust funds are good examples. There are several other reasons too. Developers may find it easiest to plan/announce new releases just prior…
Some News About Blockchain and the Management of Digital Assets
GSR announced its partnerships with Interhash on December 20. GSR facilitates liquidity and exists as a digital asset market maker. While Interhash offers mining services through its strategic partnership with the manufacturer Canaan. Together, they are set to provide the crypto industry with more stable options to manage volatility. As…
Orchid Labs Responds to OXT Token's 20% Drop
AFter the launch of the Coinbase Pro token listing, the OXT token from Orchid Labs dropped in value by more than 20 percent on December 18. In a response to the drop in value, the CEO of Orchid Labs said that the business has a long-term plan in mind. Although…