Category: Bitcoin

Off-The-Grid Bitcoin Transactions Now a Reality

Following October’s news that Samourai Wallet was preparing to enable internet free bitcoin transactions, somebody only went and tried it. A Twitter user from New Zealand documented his off-line experiments online. Another Fine Mesh The ability to send bitcoin (BTC) 00 without internet or data connection relies on the goTenna mesh network. First, Samourai wallet creates […]

“Crypto Hangover” Causes Nvidia’s Stock to Tumble 17%

Following a week of widespread carnage in the cryptocurrency markets, traditional retail stocks involved with the crypto sector are feeling the burn as well, with the California-based computer chip maker, Nvidia’s (NVDA) price tanking on the Nasdaq stock exchange. Nvidia’s plunge came about after the company reported Q3 results that were significantly below what analysts […]

Nvidia Q3 Results Reveal ‘Crypto Hangover’ Due to Disappearance of Miner Sales

Nvidia released its earnings report for the third quarter (Q3) of 2018 today, Nov. 15, revealing that demand for Nvidia’s graphics processing units (GPUs) among crypto miners has dried up. In the financial results report, founder and CEO of Nvidia Jensen Huang said that the company’s “near-term results reflect excess channel inventory post the cryptocurrency […]

Bitcoin.de Crypto Exchange Operator to Acquire 100% of Investment Bank Tremmel

German holding company Bitcoin Group SE has acquired a 100 percent stake in investment bank Tremmel Wertpapierhandelsbank GmbH, Cointelegraph auf Deutsch reports today, Nov. 13. Bitcoin Group SE, based in Herford, Germany, operates what is reportedly the country’s only regulated crypto exchange, Bitcoin Deutschland AG, also referred to by its domain, Bitcoin.de. Upon acquisition of […]

Tommy Robinson Turns to Bitcoin After Being Banned From PayPal

British right-wing reporter Tommy Robinson has been recently banned from using payment processing platform PayPal. The reporter, whose business is purportedly funded by donations, has quickly turned to Bitcoin as an alternative. An Obvious Alternative Tommy Robinson, a British far-right figurehead, has reportedly been banned from using PayPal. The reasons behind the ban are not […]

To Withdraw $1 Million of Crypto on Bitfinex, it Now Costs $30,000

Converting crypto to fiat is not cheap anymore, at least on Bitfinex. The Hong Kong-based digital assets exchange on Sunday updated its fee structure for high-frequency wire withdrawals. It effectively imposed a 3 percent commission cut on all external wire withdrawal requests that would exceed 1) more than two fiat withdrawals in any thirty day period, […]