Bitcoin's Developers Are Debating A Change To Its Open License
Source : investopedia
Ever since its launch last August, bitcoin has had an antagonistic relationship with its offshoot, bitcoin cash. But their battle may have provided a trigger to seek ways to protect bitcoin’s core code from indiscriminate use.
If a proposal to change the open source MIT License governing bitcoin is implemented, then further forks from bitcoin might not be allowed to use the original cryptocurrency’s code. The MIT License used in bitcoin is widely used across open source software projects to enable innovation and collaboration.
Bitcoin broke through $11,000 for the first time since January
Source : cnbc
Bitcoin broke through the $11,000 mark over the weekend for the first time since the end of January as its price continues to slowly rise following a violent sell-off at the start of the month.
The price of the cryptocurrency went as high as $11,279.18 on Sunday, its most elevated level since January 30, according to CoinDesk's bitcoin price index, which tracks prices from four major cryptocurrency exchanges.
On Monday, bitcoin was trading below $11,000, at $10,789, at around 9:30 a.m. London time (4:30 a.m. ET).
Someone Just Bought $400 Million Worth of Bitcoin
Source : fortune
The highest roller in Las Vegas has nothing on Bitcoin’s latest investor.
An anonymous trader has sunk $400 million—enough to buy New York State’s most expensive home twice with change left over—into the cryptocurrency, raising his or her stake from 55,000 coins to more than 96,000 between Feb. 9 and Feb. 12. And that buy-in is already paying substantial returns.
The bulk of the purchases took place on Feb. 9, with another 9,000 or so on Feb 12. And even if the buyer bought at the day’s peak, he, she, or it is looking at total gains so far of roughly $83 million.