Localcryptos, the noncustodial P2P cryptocurrency market, has added bitcoin cash to its platform. This is the fifth cryptocurrency the platform has taken on for P2P transactions after having rebranded from Localethereum. The market will leverage the OP_CHECKDATASIG opcode, which presents some advantages. Also, users from Bitcoin.com Local will be able to migrate their reputation to the Localcryptos platform.
The latest development in the ongoing XRP lawsuit saw the SEC file further responses to its letter motion compelling discovery of Ripple’s internal meetings’ audio-visual recordings. In the response letter, SEC noted, now that the plaintiff’s motion has been declared moot, the commission will not engage and thereafter shall not correct “various inaccuracies” in Ripple’s Opposition.
The world’s largest cryptocurrency Bitcoin (BTC) is currently facing sell-side pressure along with the entire crypto market. Earlier today, the Bitcoin price dropped under $45,000 hitting its new weekly lows.
A New York IT supervisor is facing a possible sentence of up to 15 years in jail for mining bitcoin in the office. The man, identified as Christopher Naples, allegedly had hidden 46 mining rigs in the offices of the Suffolk County Center in Riverhead, New York. According to the investigation, 10 of these rigs had been installed since February, consuming more than $6,000 worth of energy. But given there were 36 more machines, the total energy cost could be far greater.
“Slow and steady wins the race,” is a saying as old as time. In fact, it still holds true for a lot of things. When talking about the same in the context of cryptocurrencies, many have often associated it with Litecoin. However, the “digital silver” has been challenging the notion of late with its impressive rallies and price action.