By the end of the third quarter of 2018 California based bank Silvergate Bank had $1.7 billion deposits under its name from its 483 crypto clients. The number represents a 323% rise in clients from a mere figure of 114 clients from September 30 2017. The above figures were disclosed by Silvergate Bank when it… (0 comment)
The bitcoin network was thrown into fresh turmoil on November 13th, with the fallout still affecting the currency today. There has been a backlog of transactions as large numbers of miners switched from mining bitcoin to get in on the BCH train as BCH pumped to record highs. This left Bitcoin with the small block… (0 comment)
It has happened. The first release of the Lightning Network in alpha stages has been released. This comes at a time when Litecoin has released their latest version which includes the soft fork for SegWit (Segregated Witness) with signalling starting on January 28. F2Pool, which carries around half the Litecoin hashing power is supporting segregated… (0 comment)
Litecoin was the currency designed to be a ‘lite’ version of Bitcoin, the ‘Silver to Bitcoin gold’. As the Bitcoin price has skyrocketed, Litecoin has stirred a little and it is becoming more recognized. With Bitmain releasing Scrypt mining hardware potentially, and with the Innosilicon offerings, it is likely that Scrypt mining and network security for… (0 comment)