• Bison Trails build new nodes

    Bison Trails: Build new nodes 100x faster

    The Blockchain infrastructure firm says Global Blockchain Sync can cut “the time it takes for new nodes to sync from the typical weeks or months to mere hours’

    The GBS service can set up an EOS (EOS) archival node within 72 hours as opposed to six months, while Ethereum archival node setup time is cut from over 14 days to 12 hours, Bison Trails said. Supported networks include Polkadot (DOT), Kusama (KSM), Cosmos (ATOM), Celo (CELO) and NEAR (NEAR).

  • Paypal expanding crypto U.K.
    Cryptocurrencies,  Technology

    PayPal unlikely to invest in Bitcoin, is expanding crypto to U.K.

    CFO John Rainey poured cold water on the idea of the firm buying BTC itself as PayPal announced plans to bring crypto to Venmo and merchant payments in the near future

    PayPal is bringing its crypto services to the U.K., its first stop outside of the U.S., company Vice President Jonathan Auerbach said on the company's Feb. 11 Investors Day. It will also bring these services to its Venmo app in the near future, along with plans to begin allowing its network of 29 million merchants to accept cryptocurrency as payment.

  • Blue Ridge Bank Bitcoin ATM
    Bitcoin,  Technology

    Blue Ridge Bank’s Bitcoin ATM announcement halts trading

    The bank’s stock took a Bitcoin bounce after claiming it was ‘the first time in U.S. history a commercial bank is providing access to Bitcoin at its branch locations.’

    BRBS promptly surged more than 20% in the space of 12 minutes, forcing the New York Stock Exchange (NYSE) to halt trading on its stock for 5 minutes. Of course it promptly dropped right back down in another 10 minutes. Still, the stock ended the trading day at $21.24, up from $19.90 before the bitcoin bounce.

  • Elon Musk criticizes Freewallet
    Bitcoin,  People,  Technology

    ‘Your app sucks’: Elon Musk to crypto wallet Freewallet

    After Freewallet praised his pro-DogeCoin tweets, the newly-pro-Bitcoin Tesla CEO criticized the custodial wallet’s design, which does not give its users control over their private keys

    Musk’s comments resonate with the “Not your keys, not your bitcoin” mantra well known by all seasoned members of the cryptocurrency community. Bitcoin—and many of the crypto assets that followed—was created to ensure that people using it could do so without having to trust any third party and obtain anybody’s permission.