Summary of the most controversial news and stats for this weekend
Summary of the most controversial news and stats for this weekend

By Rubika Ventures | rubikaventures | 31 Aug 2019


We want to start this story by telling you that BitMEX now controls 0.15% of all the Bitcoins in circulation.

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BitMEX Insurance Fund is up 50% since the beginning of 2019 and holds are more than $300 million, according to the theblockcrypto.com.

Now, 1.4 Million Brazilian Point-of-Sale Devices to Support Crypto Payments as reported cointelegraph.com. Great news that will help many people in Brazil.

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Cielo, the largest payment processing provider in Brazil, has unveiled support for Bitcoin (BTC) and cryptocurrency purchases on its point-of-sale (PoS) devices.

Bitcoin hashrate ATH promising for Bitcoin’s long term price trend as related cryptoslate.com.

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The hashrate of the Bitcoin network, which demonstrates the amount of computing power used to secure the protocol to process transactions, achieved a new all-time high at 83 exahashes.

To the happiness of many, CME Bitcoin futures volume up 130% as wrote cryptoslate.com.

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Averaging 7,237 contracts per day, the growth represents a 132 percent increase from the same period last year.

The most controversial was that Lightning Network’s Vulnerability Exposes Users to Loss of Funds.

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A developer of Bitcoin’s Lightning Network, Rusty Russell, announced that the Network is currently facing some security challenges which “could lead to a loss of funds.” The announcement was made via a blog post on Lightning Network’s Common Vulnerabilities and Exposure page and affected users have been advised to upgrade to a newer version immediately to avoid loss of funds.

Subscribers count poised to rise?

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Recent trend is undeniable!

Disclaimer: In no way does this article recommend the purchase of any assets, this is a personal opinion of the author. Investment in cryptocurrency is extremely risky and volatile. Also, if you are an investor, always do your own research before investing in anything!

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Rubika Ventures
Rubika Ventures

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