Polkadot Reveals Details of Upcoming DOT Redenomination

Blockchain interoperability platform, Polkadot has released details of its upcoming Denomination Day, when native DOT tokens will undergo a redenomination. On August 21, at block number 1,248,328, new DOT tokens will be 100 times smaller than before, with user balances correspondingly showing as 100x higher and the price lowering by the same multiplier. DENOMINATION DAY: …

Celebrating Bitcoin Independence Day – Bitcoin Magazine

This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! In my view, Bitcoin Independence Day is a holiday that says a lot about the BTC community. Its origins are highly technical and difficult to understand, the “independence” it celebrates refers to …

Fund Manager on Institutional Adoption

2020 so far has proven to be Bitcoin’s year. The asset has beaten stocks, gold, and nearly every other asset in year-to-date ROI. With all eyes now on the first-ever cryptocurrency, one British fund manager with billions of pounds of assets under management claims Bitcoin has reached its “now or never moment.” Hedge Fund Managers …

Compound, THORChain, Kava & More Gains Dozens of Percent

Multiple decentralized finance (DeFi) focused cryptocurrencies have seen parabolic performances in the past few days. This comes in spite of the fact that Bitcoin finally broke out on Monday morning, surging from the $11,700 it was holding at to $12,100 in a rapid rally. Analysts expect this interest in coins like Band Protocol (BAND), Balancer …

Is Bitcoin Too Hard To Understand? – Bitcoin Magazine

Is Bitcoin Too Hard To Understand? I’ve spent a huge part of the last three years explaining Bitcoin to general audiences and the most common form of resistance I encounter is: “Bitcoin is too complicated. The masses will never understand it.” It’s a fair argument. Bitcoin is complicated and if you want to reach a …

OKEx Enters India with Peer-to-Peer Crypto Trading Platform

The global crypto exchange and trading platform, OKEx has launched a P2P crypto trading platform in the world’s second most populous country with huge untapped market potential. Targeting the crypto community in India, the new platform allows users to purchase cryptocurrencies with INR at zero transaction fees. Initially, the OKEx P2P trading platform offers Bitcoin …

Casa Launches In-Wallet Purchasing – Bitcoin Magazine

Bitcoin custody solution provider Casa has announced today that it is offering in-wallet bitcoin purchases, allowing Casa App users to forgo exchanges when they add to their HODLings.  In a release shared with Bitcoin Magazine, Casa explained that users can make these purchases using Apple Pay or debit cards, which connect them to retail exchanges …