After passing $1T in crypto transactions, Blockchain.com CFO hints at going p...
Crypto exchange Kraken and stablecoin-focused company Circle have also said they are considering public listings. Macrina Kgil, chief financial officer of crypto wallet provider and exchange Blockchain.com, said an initial public offering for the platform could happen as early as 2023.In a Forbes interview released on Monday, Kgil said Blockchain.com could consider an initial public offering in 18 months or more. The company had a $5.2 billion valuation following a $300 million funding round in March and a $120 million round in February.At the time of the former, CEO Peter Smith said the....
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The Network and the Blockchain. The Bitcoin network is the network of computers through which Bitcoin transactions are broadcasted and which maintains the public blockchain. Sometimes, the term is used to refer to just miners (see below). The blockchain is a public list of all transactions that have ever been sent, ensuring that everyone knows which bitcoins belong to whom. All fully fledged nodes on the network keep a copy of the blockchain. A block is an individual unit of a blockchain. Each block contains the hash of the previous block (so someone passing along the blockchain can't take....
Days after Prime Minister David Cameron shared hints on a potential crackdown on bitcoin transactions, UK government officials clarified that they have no plans to ban encryption. Cameron's comments against cyrptocurrency transactions came after the deadly terrorist attack in Tunisia, which led to fatalities of 30 UK citizens. At that time, Cameron dropped strong remarks against terrorist groups using encryption technology, citing he wanted to "ensure that terrorists do not have a safe space in which to communicate." This led to speculations that bitcoin firms in the UK might be in....
Data shows large transactions are rising in dominance as whales are moving their coins. This hints at Bitcoin’s increased maturation as a macro asset. Large Transactions Are On The Rise On The Bitcoin Network According to the latest weekly report from Glassnode, large transactions are becoming increasingly dominant on the BTC network, hinting that whales and institutional investors are showing rising interest in the crypto. The relevant indicator here is the total transfer volume breakdown by size (7-day moving average). This metric classifies the total transactions happening on the....
Front-running is a type of insider trading that affects an asset's market price. Read this guide to learn how to prevent front-running in crypto. How to prevent front-running in crypto?Users can limit front-running by splitting the transaction into many smaller transactions and adjusting the low slippage. Similarly, developers can use anti-front-running measures like making transactions private and using a hidden mempool. Users can break large transactions into smaller ones instead of executing them all at once, which reduces the appeal of transactions with front-running bots due to the....
Bitcoin Roundtable has shot down the Bitcoin Classic proposal to introduce a new set of conditions which it wants the Bitcoin community to follow. Scaling Bitcoin network seems to have turned into a much harder task than anyone had ever anticipated. The Bitcoin network is growing each passing day with new members joining the community. The increase in the number of users translates to increased transactions over the network. In the current state, the Bitcoin network will not be able to process all the transactions immediately as they are generated. This will lead to an increase in....