Bitcoin and TRON Join Ethereum, ERC Tokens in Opera's Crypto Browser

Bitcoin and TRON Join Ethereum, ERC Tokens in Opera's Crypto Browser 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Fans of Opera’s mobile browser will be chuffed to hear that it is adding support for both Bitcoin and Tron to its latest Android version. The Norwegian software company last year announced support purely for Ethereum and it’s myriad of ERC-20 token offerings. The company has now come full circle to offer other major cryptocurrencies to its growing list. This initial rollout will benefit Android users only. In June CCN reported that Opera also launched support for iOS so expect Apple users to receive similar benefits in the coming months.…

$515 Million in Bitcoin Spent on Illicit Activity This Year Representing 1% of Total BTC Activity

$515 Million in Bitcoin Spent on Illicit Activity This Year Representing 1% of Total BTC Activity 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Recent research by Chainanalysis suggests that the amount of bitcoin (BTC) spent on illegal transactions this year could hit a record high of $1 billion, even as the ratio of illegal to legal transactions is shrinking, according to a report by Bloomberg on July 1. As per the report, the total flat value of BTC spent on illegal activity so far this year is thought to be $515 million. The research suggests that by the end of the year, this figure will double to reach $1 billion. However, the amount…

Daily Ethereum Transactions Exceed One Million, a First Since May 2018

Daily Ethereum Transactions Exceed One Million, a First Since May 2018 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Daily transactions registered on the Ethereum (ETH) network exceeded one million yesterday, June 28, for the first time since May 2018, according to data reported by leading Ethereum block explorer Etherscan. Per Etherscan data, on June 28 there were 1,004,170 transactions confirmed on the Ethereum blockchain. Before yesterday, the last time the Ethereum chain registered over one million daily transactions was in May 2018. Nonetheless, the current level is still notably lower than the 1,349,890 daily transactions peak registered on January 4 last year. The on-chain transaction value of Ethereum…

What Is a Satoshi, the Smallest Unit on the Bitcoin Blockchain?

What Is a Satoshi, the Smallest Unit on the Bitcoin Blockchain? 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

From paying for pizza with satoshi (SAT) on the Lightning Network to the 10,000 satoshis being added to the Lightning Torch each time it is passed, down to the 1 sat/byte rate on the bitcoin SV network, SAT is being used more and more in blockchain and crypto conversations. The satoshi is the smallest unit that is recorded on the bitcoin blockchains: One satoshi represents a decimal, seven zeros and a 1, followed by any of the bitcoin tickers — i.e., bitcoin (BTC), bitcoin SV (BSV) or bitcoin cash (BCH).…

$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy

$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle. Ironically, this latest Bitfinex drama may be the one thing that disproves the “Bitfinex’ed” conspiracy theory. If USD in that amount was seized/stolen/held by Crypto Capital, then the USD backing Tether DID actually exist after all. @Bitfinexed claim was…

Yelp

Yelp 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: As bitcoin’s price experienced a surge this week, it seems merchants and consumers are more interested in crypto than ever. Local-search company Yelp has joined the pact by reportedly adding a filter to help users find merchants that accept cryptocurrency. No matter if you’re looking for a burger bar, dog groomer, or any other kind of business listed on its site, you can now zero in on those that let you pay with crypto. Yelp’s move is reflective of a larger move that the crypto space has craved…

North Korean Hackers Don’t Give a $#%! about Crypto Winter

North Korean Hackers Don’t Give a $#%! about Crypto Winter 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

North Korean Hackers Don’t Give a $#%! about Crypto Winter The cryptocurrency sector may still be in a bearish phase, but the state-sponsored North Korean hacking group Lazarus remains absurdly bullish on the bitcoin industry – at least if its continued focus on the sector is anything to go by. For Lazarus, Crypto Exchanges are the Geese that lay Golden Eggs Per cybersecurity firm Kaspersky Lab, both Mac and Windows OS users remain vulnerable to the group’s ongoing hacking effort. Lazarus is understood to have launched the operation in November…

Ex-NATO Secretary General Bullish on Blockchain as He Partners With Swiss Startup

Ex-NATO Secretary General Bullish on Blockchain as He Partners With Swiss Startup 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  Swiss blockchain identity network Concordium has hired former Danish prime minister and NATO secretary general Anders Fogh Rasmussen as a strategic advisor, the company confirmed in a press release on March 20. The Concordium Foundation, the controlling entity behind the Concordium Network that launched a proof of concept in January, aims to tackle blockchain deployment in certain fields with Rasmussen’s expertise. The former politician currently heads Rasmussen Global, a consultancy firm active in diverse fields including democracy, transatlantic relations and security policy. “Given the enormous scope and far-reaching potential…

Security Tokens – Not Bitcoin – is MakerDAO’s Most Exciting New Feature

Security Tokens – Not Bitcoin – is MakerDAO’s Most Exciting New Feature 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Security Tokens – Not Bitcoin – is MakerDAO’s Most Exciting New Feature Rune Christensen, the CEO and founder of MakerDAO, came to the United States this week to visit the MIT Bitcoin Expo, among other things. Christensen took some time to talk to CCN about the status of MakerDAO’s full release. Any Real Value Asset Can Potentially Back a Dai He says the multi-collateral Dai release will have two major features, but the most important is, well, the addition of other types of collateral. Join CCN for $9.99 per month…

Crypto Winter Freezes New York Bitcoin Mining Industry

Crypto Winter Freezes New York Bitcoin Mining Industry 11  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  A unique characteristic of many upstate New York cities is their low energy rates. Hydroelectric dams along the St. Lawrence river give residents electricity so cheap that many even heat their homes with it. The region made perfect sense for crypto miners during the “gold rush” days of 2017 and early 2018, and the increased demand from the Bitcoin mining industry created the problem of increased electricity demand driving up the costs. Mining Premiums & Government Action + Crypto Winter = Toxic Environment for Bitcoin Miners Some municipalities like…