Spending Sats: A Look at This Year’s Bitcoin Black Friday Deals

Every year the shopping holiday called Black Friday allows consumers to get better deals on products and services.

Europol Names Privacy Wallets, Coins, Open Marketplaces as ‘Top Threats’ in Internet Crime Report

Monero, Samurai, Wasabi, OpenBazaar cited as threats in Europol report.

Closing Decentralized Marketplace OpenBazaar Gets Lifeline

OpenBazaar was all set to shut off services.

Anonymous donor saves OpenBazaar... for now

OpenBazaar received a temporary lifeline, but they aren’t out of the woods yet. On September 25, OpenBazaar announced that their platform would likely shut down due to financial difficulties, stating that user growth and adoption had stalled. According to a tweet published on Open Bazaar’s official Twitter account, a mysterious donor has since agreed to cover the cost of the marketplace’s operations through the end of the year. While the exact amount of funding provided was not disclosed, OpenBazaar’s donation wallets have received over $13,000 as of publication.

OpenBazaar Temporarily Saved From Becoming ClosedBazaar

The Haven app. Source: a video screenshot, OB1 The decentralized marketplace OpenBazaar has reportedly been saved from having to shut down after an anonymous donor has agreed to cover the costs of operating the platform until “at least the end of the year.” The marketplace, which allows users to buy and sell goods using cryptocurrencies without a central party, has been reportedly dealing

Crypto-Fueled Market Openbazaar to Close Shop Unless OB1 Raises Community Funding

On September 25, the creators of the decentralized marketplace, Openbazaar, announced that unless the project can gather community funding, the supporting services like seed nodes and the API wallet will shut down.

Decentralized Marketplace OpenBazaar To Close Unless Community Donates $100k

The most well-known decentralized marketplace said it had no choice but to close unless its community donates.

Tensions Flare: Is Bitcoin Cash Headed to Another ‘Catastrophic’ Fork?

Despite tensions flaring among Bitcoin Cash developers over the protocol’s difficulty algorithm, another chain split seems unlikely. The Bitcoin Cash (BCH) community is divided over whether to change the cryptocurrency’s difficulty adjustment algorithm, with a recent developer meeting reportedly concluding with attendees storming out of the event. On August 4, Chris Pacia, the lead developer of the peer-to-peer marketplace OpenBazaar and a volunteer BCH developer, tweeted that “multiple people walk[ed] out” of the meeting as consensus was not reached over whether to make adjustments to Bitcoin Cash’s difficulty algorithm. Ethereum co-founder Vitalik Buterin tweeted in reply that he doesn’t understand with BCH people “care so much” given “your algo is fine as is” and added: “I will be honest; being optimistic that BCH development would improve once they got Craig [Wright] out is definitely looking like one of my worse predictions.” Some reports indicate that growing tensions over the difficulty algorithm may result in yet another BCH chain split.

The COVID-19 E-Commerce Boom Hasn’t Trickled Down to Bitcoin, Despite Advantages

Although a variety of e-commerce platforms are booming during COVID-19 lockdowns, bitcoin payments remain exceedingly niche.