Block 478,559: Bitcoin Cash Fans Worldwide Celebrate the Cryptocurrency’s 3rd Anniversary

Three years ago at approximately 2:14 p.m. ET, the first Bitcoin Cash blocks were mined. That day, block 478,558 was the last common block found, and six hours later Viabtc mined the first Bitcoin Cash block (nr 478,559). The course of history was changed ever since this point, as the scaling debate took the dispute to a whole new level. Bitcoin Cash (BCH) proponents are celebrating the third...

Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism

The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on global trading platforms worldwide. Data from a number of sources show that the bitcoin (BTC) held on exchanges has dropped to a low not seen in over a year. This statistic gives...

Privacy-Enhancing Protocol Cashfusion Completes Security Analysis

Just a few days prior to the Bitcoin Cash anniversary, BCH fans found out that the Cashfusion audit from Kudelski Security is now complete. Electron Cash engineer Jonald Fyookball announced the audit was finished and said the protocol “passed, mostly with flying colors.” Last February it was announced that Bitcoin.com would host a fundraiser for the Cashfusion team in order to raise $100,000. $50k worth of the money...

2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners

Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, Bitcoin’s hashrate could plummet fast. During the first week of July, the Bitcoin...

Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet

In the world of cryptocurrencies, there’s a lot of discussions and lessons when it comes to digital asset security and one of them is multisig wallets. The term multisig stands for multi-signature and the following post will teach anyone how to create a 2 of 2 multisig wallet. Years ago cryptocurrency developers came up with an idea to increase wallet security by leveraging a multisig wallet. Basically, a...

Maybe It Wasn’t About the Money – Few People Fell for Twitter Hack, Data Indicates

Even though Wednesday’s Twitter hack grabbed the world’s attention by taking over a host of prominent accounts including those belonging to Elon Musk, Uber, Apple and Barack Obama, transaction data for crypto wallets associated with the attacks shows the hackers didn’t make out like bandits. It raises the question: Why not? With the attacks, millions of people saw the same scam-type message shared on their feeds, soliciting bitcoin...

Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage

The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital currency exchanges are getting into leverage products as the firm Monex has revealed a derivatives product otherwise known as a contract-for-difference (CFD) service. Basically a CFD acts...

Permissionless Software Foundation Aims to Foster Open-Source Software With Bitcoin Cash

Just recently, Bitcoin Cash proponents were introduced to a new foundation called the “Permissionless Software Foundation” aimed at spreading Bitcoin Cash and SLP token technology. This week an organization called the “Permissionless Software Foundation” (PSF) revealed an announcement to the BCH community. The group’s mission aims to “foster the growth of open-source software and growing adoption of Bitcoin Cash across the globe.” “The mission of the Permissionless Software...

Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features

With over 11 Million Bitcoin.com Wallets created, we’re building new features our users need most in order to enjoy the best possible cryptocurrency experience. Our wallet’s latest features now provide seamless swaps between bitcoin (BTC), bitcoin cash (BCH), and the stablecoin honestcoin (USDH). Moreover, Bitcoin.com’s new portfolio breakdown allows users to manage their assets with ease. Bitcoin.com is the premier destination for all your bitcoin needs with crypto-infused...
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