Peter Chawaga

Blog Info Bitcoin Magazine
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Stats Has written 98 posts about cryptocurrency

Apr 15 2021

$623 Million In Stolen Bitcoin From 2016 Bitfinex Hack Has Been Moved

Apr 15 2021 Published at Bitcoin Magazine under tags  bitfinex hacks markets

More than 10,000 BTC stolen from cryptocurrency exchange Bitfinex in 2016 has been moved to a new address.According to blockchain analysis service Whale Alert, 10,057 bitcoin (worth some $623 million at the time of this writing) that were stolen from cryptocurrency exchange Bitfinex in 2016 was transferred in a series of transactions yesterday.Whale Alert shared...

F2Pool Encodes Money-Printing Headline Into First Post-Coinbase Listing Block

Apr 15 2021 Published at Bitcoin Magazine under tags  coinbase culture f2pool genesis block

In an echo of the Bitcoin Genesis Block, F2Pool encoded a money-printing headline into the first block it mined after Coinbase went public.Bitcoin mining pool F2Pool memorialized Coinbase’s first day of public trading with a nod to Bitcoin’s Genesis Block,...

Speedy Trial Has Been Merged Into Bitcoin Core, Potentially Setting Path To Taproot Activation

Speedy Trial has been merged into Bitcoin Core, offering a path toward the Taproot protocol upgrade is miners signal their overwhelming support.According to a GitHub pull request, a BIP 9-based implementation of Speedy Trial has been merged with the code for Bitcoin Core, offering a potential path for activating the much-anticipated protocol upgrade...

Apr 12 2021

Paxful: Hacked User Data Offer Is “Fake”

Apr 12 2021 Published at Bitcoin Magazine under tags  business hack paxful

A recent forum post offering the personal data of millions of Paxful users has been called “fake” by the exchange’s CEO.Last week, a user called “Mafufi” took to stolen data marketplace RaidForums to offer user and employee data from cryptocurrency exchange Paxful including their “first name, last name, date of birth, gender, address, phone number, email [and] passwords,” in exchange for 1...

MicroStrategy Is Paying Its Board Of Directors In Bitcoin

Apr 12 2021 Published at Bitcoin Magazine under tags  business microstrategy

MicroStrategy has announced that it will pay its board of directors in bitcoin, furthering its remarkable journey toward hyperbitcoinization.The software-intelligence-firm-turned-bitcoin-champion MicroStrategy has announced that it will now pay its board of directors in...

Apr 10 2021

Cryptograffiti Launches Bitcoin Micropayment Plugin For DJs And Music Producers

Apr 10 2021 Published at Bitcoin Magazine under tags  business cryptograffiti music

Bitcoin-inspired artist cryptograffiti has launched the open-source project to better compensate DJs and music producers directly.Bitcoin-inspired artist cryptograffiti has announced the launch of an open-source project meant to facilitate bitcoin revenue streams for DJs and music producers with an accompanying public demonstration including a live DJ set performed at the U.S. Mint in San Francisco.“The...

Apr 08 2021

Square Crypto Grants $100,000 To Mempool.Space

Bitcoin block explorer mempool.space will receive $100,000 denominated in bitcoin over the next twelve months from Square Crypto.Square Crypto, the open-source Bitcoin development arm of payments company Square, is supporting one of Bitcoin’s most popular open-source blockchain explorers, mempool.space.The project is run by the pseudonymous...

Apr 06 2021

Coinbase Reports $1.8 Billion In Revenue, 6.1 Million Active Users For Q1

Apr 06 2021 Published at Bitcoin Magazine under tags  business coinbase

Major bitcoin investment portal Coinbase has reported significant growth in revenue and users as it approaches an imminent direct listing.As major cryptocurrency exchange Coinbase prepares to start trading publicly on Nasdaq,...

@NVK Launches PaysBitcoin.org To Track Companies Offering BTC Compensation

The page, which is part of Rodolfo Novak’s bitcointreasures.org website, tracks companies offering bitcoin-based salaries and bonuses.As interest in bitcoin grows and more platforms roll out that make it simpler to acquire, secure and leverage, demand for compensation in BTC is on the rise as well. Documenting this rise in real time, Coinkite CEO Rodolfo Novak (aka...

Breez, Voltage Partner To Offer Lightning Nodes To Podcasters

Breez has announced that Voltage will help manage Lightning nodes for its integrated podcasting network.After its recent integration of a native podcasting network, the Breez Lightning client has announced that it is partnering with Lightning Network node hosting platform Voltage to give podcasters more...

Apr 05 2021

Former Chainalysis CTO Selected To Lead FinCEN, Signaling New Bitcoin Regulations

Apr 05 2021 Published at Bitcoin Magazine under tags  business chainalysis fincen

In selecting a former blockchain analysis executive to lead the agency, FinCEN has signaled that it wants to increase Bitcoin regulations.Michael Mosier, who led blockchain analysis firm Chainalysis as its chief technology officer from June 2019 to February 2020, has been selected as the incoming acting...

Mar 31 2021

Azteco Now Offering Lightning Network Vouchers

Mar 31 2021 Published at Bitcoin Magazine under tags  azteco business lightning network

Azteco now allows users to redeem bitcoin vouchers over the Lightning Network for improved efficiency and reduced fees.Bitcoin voucher platform Azteco has announced the launch of Lightning Network vouchers, allowing users to redeem their Azteco vouchers over the second layer network for improved efficiency and reduced fees.“You can now redeem your Azteco Voucher over Lightning,” wrote Azteco lead Beautyon...

Strike Launches In El Salvador

Lightning Network payments app Strike is now available to users in El Salvador, giving them access to a next-gen remittances system.Lightning Network payments app Strike is now available on the App Store and Google Play Store to customers based in El Salvador, according to a release shared with Bitcoin Magazine.“Launching in El Salvador as our first non-U.S. market was a...

Brink Awards Three Bitcoin Development Grants

Mar 31 2021 Published at Bitcoin Magazine under tags  bitcoin development brink business

Brink, a nonprofit focused on financial support and mentorship for Bitcoin developers, has announced three new grant recipients.Brink, a nonprofit designed to offer financial support and mentorship to Bitcoin developers, has announced the recipients of its first round of open-source developer grants. It will be supporting Jesse Posner’s work on adaptor signatures and the FROST threshold signature scheme, Alekos...

Mar 30 2021

Blockstream Launches Bitcoin Mining Hash Rate Token

Blockstream has announced the launch of Blockstream Mining Note, a Liquid- based security token that tokenizes its bitcoin mining hash rate.Today, Bitcoin infrastructure firm Blockstream announced the launch of a Liquid-based security token called Blockstream Mining Note (BMN), envisioned as a way to give investors exposure to Bitcoin mining.“Each BMN token...

Mar 29 2021

ARK Invest CEO Cathie Wood On Bitcoin: "$1 Trillion Is Nothing"

During a recent panel discussion, Ark Investment’s Cathie Wood said that “$1 trillion is nothing compared to where [bitcoin] will ultimately be.”During a panel discussion hosted by the Chicago Board Options Exchange (CBOE) last week, CEO of investment management firm Ark Investment Management Cathie Wood shared some decidedly bullish sentiments about...

Mar 26 2021

New Zealand Retirement Fund Invests In Bitcoin

Mar 26 2021 Published at Bitcoin Magazine under tags  business new zealand retirement

The KiwiSaver Growth Strategy fund, part of New Zealand’s retirement savings program, has allocated 5 percent of its money to bitcoin.The KiwiSaver Growth Strategy fund, which is part of New Zealand’s national KiwiSaver program, has reportedly invested 5 percent of its funds into bitcoin.The program is meant to be used as a retirement savings vehicle for New Zealand’s citizens, with tax...

Mar 24 2021

Tesla Now Accepting Bitcoin As Payment

Mar 24 2021 Published at Bitcoin Magazine under tags  business tesla

After announcing plans to accept bitcoin as payment in February, the electric car manufacturer has added the option to its website.After announcing plans to accept bitcoin as a payment method for its electric vehicles through a U.S. Securities and Exchange Commission (SEC) filing in February, Tesla has now officially...

Mar 19 2021

First Bitcoin ETF Approved In Latin America

QR Capital has announced that its bitcoin ETF will list on the Brazilian stock exchange, making it the first such product in Latin America.The first-ever bitcoin exchange-traded fund (ETF) to receive regulatory approval in Latin America is reportedly set to go live in Brazil this summer.QR Capital, the parent of Brazilian blockchain asset management company QR Asset Management,...

Mar 13 2021

Bitcoin Market Cap Breaks $1 Trillion As BTC Price Surges Again

Mar 13 2021 Published at Bitcoin Magazine under tags  bitcoin price market cap markets

Bitcoin neared its all-time high price once again this week and its market cap returned to the major milestone of $1 trillion.The bitcoin price surged this week, reaching the $58,000 level yesterday for the second time in its history. But, even more remarkable than that price high, was the milestone eclipsed once again in its total market...