Embed 1MB Files on the Bitcoin Cash Chain With the Blockupload Platform

[ad_1] The software developer known as Deswurstes revealed last week a new project he’s been working on that allowed people to upload files up to 1MB in size to the Bitcoin Cash (BCH) testnet. On April 7, Deswurstes launched the first BCH mainnet version of Blockupload, a desktop platform that allows people to embed larger files into the blockchain without the need for the Interplanetary File System (IPFS). Also read:

British Royal, US Ambassador Say Tech, Blockchain Can Help Fight Human Trafficking

[ad_1] Princess Eugenie of the United Kingdom and United States anti-human trafficking Ambassador John Richmond recently spoke in favor of using new technology like phone apps and blockchain to address human trafficking, Reuters reports on April 8.At a conference in Vienna, Austria hosted by the Organization for Security and Co-operation in Europe (OSCE), experts noted that increased internet usage has expanded the ability of traffickers to exploit potential targets.However, Princess

Bibox Exchange to Launch Leveraged BCH Perpetual Contracts

[ad_1] Estonia-based Bibox exchange is to launch bitcoin cash (BCH) and litecoin (LTC) perpetual trading contracts on April 12, with leverage of up to 50x. Priced in tether (USDT) – the US dollar-pegged stablecoin – the cryptocurrency derivatives are targeted at both institutional and retail investors. Also read: ‘This is Not an ICO, Just Barter’ – How Issuers Attempt to Evade Scrutiny Perpetuals With No Funding Rate Unlike futures, perpetuals

Canadian Crypto Exchange QuadrigaCX Officially Declared Bankrupt

[ad_1] Canada's major cryptocurrency exchange QuadrigaCX has been officially declared bankrupt, local media outlet CBC reported on April 8.Quadriga’s bankruptcy was reportedly approved today by Nova Scotia Supreme Court Justice Michael Wood, and follows the court monitor Ernst & Young’s (EY) recommendation that it should be declared bankrupt earlier this month.EY’s legal team then argued that the ongoing restructuring process for QuadrigaCX under the Companies’ Creditors Arrangement Act (CCAA) should

Facebook Seeking $1 Bln in Venture Capital for Crypto Project

[ad_1] Facebook is reportedly seeking support from various venture capital (VC) firms to develop its supposed digital token, New York Times (NYT) tech reporter Nathaniel Popper tweeted on April 8.Citing sources familiar with the matter, Popper states that Facebook is seeking a $1 billion sum to develop its cryptocurrency project. He states that seeking outside investment could keep the project more in line with the crypto community’s decentralized ethos:“Given that

Coinbase Pro Adds Support for Three New Tokens: EOS, Augur and Maker

[ad_1] Coinbase Pro, the professional offering of major American crypto exchange and wallet service Coinbase, has added support for EOS (EOS), Augur (REP) and Maker (MKR). The development was announced in a blog post on April 8.The post states that the platform now accepts inbound transfers of EOS, REP and MKR, and will be accepting deposits for at least 12 hours before enabling trading. Trading on order books will be

Bitcoin Goes Mainstream As Miss Universe Receives Lightning Torch

[ad_1] Bitcoin adoption took a step in a new direction this weekend after a former Miss Universe contestant joined the Lightning Torch transaction relay. Rosa-Maria Ryyti HODLs Lightning Torch In what appears to be an unexpected choice, Jeremias Kangas, founder of P2P trading platform Localbitcoins, opted to pass the Torch outside the cryptocurrency community – to Miss Universe Finland 2015, Rosa-Maria Ryyti. Lightning Torch began in January this year as

Western Union Partners With E-Wallet for Cross-Border Remittances

[ad_1] American financial services company The Western Union Company has partnered with Philippines-based e-wallet provider to enable Filipinos to conduct cross-border money transfers. The development was announced in a press release published on April 3.Within the collaboration, Western Union will purportedly integrate the blockchain-based platform into its cross-border platform, enabling users in the Philippines to receive and hold international money transfers directly into their wallets.Prior to using

Sparkswap, World’s First Lightning Atomic Swap Exchange, Now in Beta

[ad_1] Bitcoin’s first decentralized exchange to make use of the Lightning Network’s Atomic Swaps is now in beta. Sparkswap, an exchange with backing from Pantera Capital (which announced its ambitious mission to become the most decentralized bitcoin exchange on the market in August 2018), has now opened its beta to users. Leveraging the Lightning Network, the exchange is non-custodial and trading is decentralized. Users will be able to execute buy

Zcash Exercises Restraint as the Antminer Z11 Release Approaches

[ad_1] Bitmain, the largest manufacturer of mining equipment, recently revealed the Antminer Z11 device for mining Zcash and other cryptocurrencies based on the Equihash algorithm, as reported by Cointelegraph on March 19. The company claims that the new chip is three times more powerful than its predecessor, the Antminer Z9, which was released nine months ago.Introducing the #AntminerZ11 that packs 3X more hashing power than its predecessor! The Z11 mines