Why FOSS Development Is Crucial for Bitcoin’s Mainstream Acceptance

Crypto likes to see itself as disruptive, just as Apple disrupted mobile phones (and the camera), Tesla disrupted automotive (and also sustainable energy), Twitter/Facebook/WhatsApp disrupted media and communications (and also digital community building). At OKCoin, we embrace this industry because we also believe that bitcoin and subsequent cryptocurrencies represent a paradigm shift in both our …

Is $10,000 Bitcoin’s New $1,000? Price Action Like Pre-2017 Bull Run, Says Analyst

Bitcoin has once again topped the $10,000 level. The leading crypto asset by market capitalisation crossed the psychologically significant level multiple times over the last couple of weeks. For some analysts, the shrinking resistance the Bitcoin price experiences as it crosses into five figures is reminiscent of the crypto’s flirtations either side of $1,000. The …

Bitcoin100: How Some Early Bitcoiners Spread Bitcoin Adoption With Charity

On November 22, 2011, a post appeared on bitcointalk.org with the following proposition: What followed was a five-year experiment in community fundraising, with the goal of educating charities about the benefits of accepting bitcoin as donation payments.  The brainchild of Phinnaeus Gage, Bitcoin100’s original concept was fairly simple: Get 100 supporters to pledge (at least) …

Visa Head of Crypto Sees Bright Future for Bitcoin

Cuy Sheffield, Head of Crypto at credit card giant Visa, envisions Bitcoin Sats as the internet native unit of account for purchases less than one cent. He sees this as the main use case where the leading asset can supersede fiat.   Sats, an internet native micropayment standard 15/ Bitcoin uniquely has a native unit …

Everything You Need to Know About OKT

Note: This article first appeared on the OKEx website. Following the recent launch of OKChain, our decentralized commercial public chain, we have also announced its native token, OKT. With significant worldwide interests towards this new token, we have sorted out some commonly asked questions to help you understand its uniqueness, as well as the differences …

OTC Bitcoin Trading Volume Reaches $300 Million in Chile 

Chileans traded almost USD $300 million in Bitcoin over LocalBitcoins.com last week. This jump in over-the-counter trading points to greater shifts in the global economic status quo. Mass Adoption Clearly Underway The data shows a sharp increase in Chilean OTC Bitcoin transactions beginning in late 2016, and although volatile, demonstrates a sharp upward trend. The …

OKEx Launches OKChain on Testnet, OKEx DEx Becomes First dApp on the New Blockchain

The leading global digital asset trading platform, OKEx has made its mark in the decentralized finance (DeFi) space by launching its first DeFi application – OKEx DEx. The introduction of OKEx DEx also coincides with the launch of the platform’s own commercial public blockchain called OKChain which simultaneously went live as a testnet. On multiple …