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Cloudflare Outage Shows Crypto Holders Are Not That Decentralized

Cloudflare Outage Shows Crypto Holders Are Not That Decentralized Cloudflare (NYSE:), a major company responsible for running an array of functions for websites across the internet, suffered downtime on July 17, affecting a large number of websites' functionality. The downtime ultimately caused a drop in (BTC) transactions. "The Cloudflare DNS outage can be seen reflected in the rate of Bitcoin transactions broadcast, presumably because popular web wallets became…

It’s Not Too Late for Some Victims of the Twitter Scam to Get Their Money Back

It’s Not Too Late for Some Victims of the Twitter Scam to Get Their Money Back There are still 14 victims of the massive Twitter hack that could still get their back.These victims sent some Bitcoin to a hacker address, but their transactions are still unconfirmed on the Bitcoin network. They are currently hanging in limbo, or Bitcoin mempool. These transactions seem to be unconfirmed after many hours because the senders designated a very low transaction fee that’s…

Bitcoin’s Active Supply Hits 19 Month Low — Is It Bullish or Bearish?

Bitcoin’s Active Supply Hits 19 Month Low — Is It Bullish or Bearish? Bitcoin’s (BTC) active supply has hit a 19-month low of just over one million . This could signal a potential strong price increase if it plays out in line with the findings of a report from asset manager Stack Funds earlier this month. The active supply saw a sharp increase earlier this year with a 16% increase in less than three weeks to over 1.3 million Bitcoin. Looking at the 90-day moving average…

Bancor Invites Bounty Hunters to Peek Into Its Code Ahead of V2 Launch

Bancor Invites Bounty Hunters to Peek Into Its Code Ahead of V2 Launch As the launch of Bancor V2 draws close, the team is inviting the community to take a look at its code and report any vulnerabilities they may find. On Friday, the project released the code for the Bancor V2 smart contracts, which feature a variety of improvements that help both the users and liquidity providers of the protocol. Continue Reading on Coin Telegraph Disclaimer: Fusion Media would like…

Where, Oh Where Has Bitcoin Volatility Gone? Part 2

Where, Oh Where Has Bitcoin Volatility Gone? Part 2 At the same time that volatility and short-term implied volatility have been sucked out of the market, longer dated options (six months or so until expiration) are still pricing closer to their historical average volatility in the 70% range. This steepness in implied volatility term structure suggests one of two things: Investors expect that this period of low volatility will be transitory and that a catalyst in the next…

Top Spanish Banks Finalize Trial of Payments Using Smart Contracts

Top Spanish Banks Finalize Trial of Payments Using Smart Contracts Multinational banking giant Banco Santander (MC:) and four Spanish banks have successfully finalized a proof-of-concept for payments using smart contracts. The PoC was coordinated with IberPay, the company that oversees the Spanish Payment System. Continue Reading on Coin Telegraph Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time…

Bitcoin Exchange Inflows Spike as Analyst Expects Pullback to $8.8K

Bitcoin Exchange Inflows Spike as Analyst Expects Pullback to $8.8K (BTC) edging ever closer to $9,000 support may lead to a major sell-off by exchange users, one analyst warns. According to data from on-chain analytics resource CryptoQuant, inflows of BTC to exchanges spiked on July 15. Continue Reading on Coin Telegraph Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs…

US FDA Considers Blockchain for Food Security

US FDA Considers Blockchain for Food Security The United States Food and Drug Administration released a blueprint and pilot study for food safety, highlighting blockchain as a viable option for some of the identified challenges. The blueprint, released earlier this week, breaks down some of the challenges facing food distribution throughout the country and looks at how smart technologies could solve them: Continue Reading on Coin Telegraph Disclaimer: Fusion Media…

Singapore’s National Payments System Can Guide Global Crypto Adoption

Singapore’s National Payments System Can Guide Global Crypto Adoption With cross-border interoperable blockchain systems gaining traction across the globe, it comes as no surprise that an increasing number of government agencies are looking to explore the full potential of this technology to make international transactions hassle-free in addition to ensuring the process is streamlined and transparent for users. In this regard, the Monetary Authority of Singapore, or MAS,…

NASCAR Driver Bubba Wallace’s Car Showcases Bitcoin Logo

NASCAR Driver Bubba Wallace's Car Showcases Bitcoin Logo Darrell “Bubba” Wallace, the only African American driver in NASCAR's top racing series, will now be flying around the track in a car adorned with the logo.According to a tweet posted by Twitter CEO Jack Dorsey on July 14, the NASCAR driver’s new paint job has at least two Bitcoin (BTC) logos along with logos for Square's Cash App. Dorsey is the CEO and co-founder of Square. Continue Reading on Coin Telegraph…