Blockchain

Blockchain technology can be described a digital ledger that consists of a growing list of records – blocks – linked using cryptography. Each block contains information such as a timestamp, transaction data, and more, that can be permanently verified. While data on these blocks isn’t unalterable, blockchains are resistant to modification, especially if decentralized.

Blockchain technology was invented by the person or group behind the Satoshi Nakamoto pseudonym, which was behind the creation of the first cryptocurrency: Bitcoin. It allows the cryptocurrency to be decentralized and solves the double-spending problem without the need for a trusted authority. As a result, Bitcoin transactions are peer-to-peer.

This type of technology has over the years been deployed for a number of uses, including tracking the supply chain of supermarkets. Various cryptocurrency naysayers argue blockchain tech has potential.

On this page you'll find news related to this technology.

Blockchain gold

New Legislation Calls for All Gold Mined in Brazil to Be Tokenized on a Blockchain

A new bill in progress in Brazil calls for all gold mined in the country to be tokenized on a blockchain, as a way to bring transparency to the sector and make irregular mining difficult. The project was presented by Federal Representative Joenia Wapichana, who highlights that about half of the metal mining in the […]
Blockchain cryptocurrency

Cardano Founder on How Blockchain Technology Could Improve Nation-Station Governance

On Thursday (July 14), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, talked about how blockchain technology could transform the future of nation-state governance. The IOG CEO’s comments were made during an interview earlier today with Brian McGleenon on Yahoo Finance […]
Blockchain cryptocurrency

University of Cincinnati Launching Cryptoeconomics Lab and Cryptocurrency Fund

Thanks to two generous donations, the University of Cincinnati (UC) is launching “a pair of programs focused on cryptocurrency and new financial technologies.” An article by UC News published on June 22 says gifts from longtime supporters Dan Kautz and Woodrow Uible means the university will “create an educational program with the Carl H. Lindner College […]
Blockchain Ripple

Ripple’s Brooks Entwistle: ‘Winter Time Is Actually a Fabulous Time To Build Businesses’

Brooks Entwistle, SVP of Global Customer Success and the Managing Director for APAC & MENA at Ripple, talked about “crypto winter” on day two of the week-long 2022 Aspen Ideas Festival (AIF) being held in Aspen, Colorado. Before joining Ripple in March 2021, Entwistle “served as Chief Business Officer International for Uber, responsible for business […]
Binance Blockchain cryptocurrency

Bear Market Not Stopping Binance From Investing $500M Into ‘Web3’ Startups

Binance, which is the world’s largest crypto exchange by trading volume, has raised $500 million for a fund that will invest in Web3 despite the current bear market. According to a report by CNBC published on June 1, Binance Labs, the venture capital arm of Binance, has “raised $500 million for its debut start-up fund, […]
Blockchain cryptocurrency

Former U.S. Treasurer: ‘Cryptocurrency Is One of the Greatest Wealth Disruptors’

At the recent Future Innovation Summit in Dubai, Rosa “Rosie” Gumataotao Rios, 43rd Treasurer of the United States, and a member of Ripple’s Board of Directors, talked about blockchain technology and cryptocurrency. Rosie Rios’ Background On 18 May 2009, President Obama officially nominated Harvard-educated Rios as the Treasurer of the United States, and was confirmed […]
Blockchain GameFi NFTs

Binance, FTX, and a16z Backed Game Studio Building NFL’s First NFT-Based Game

On Wednesday (May 25), the National Football League (NFL), NFL Players Association (NFLPA), and next-generation game technology studio Mythical Games today announced a strategic partnership to create “NFL Rivals“. Mythical Games, which is headquartered in Sherman Oaks, California, was launched in November 2018. According to a report by GameDaily.biz, The founding team at Mythical — […]
Bitcoin Blockchain

Legendary Billionaire Hedge Fund Manager Ray Dalio on Cash, Fiat Currencies, and Crypto

On Tuesday (May 24), legendary billionaire hedge fund manager Ray Dalio, founder, co-chairman, and co-chief investment officer of Bridgewater Associates, was interviewed at Davos 22 by Andrew Ross Sorkin on CNBC’s “Squawk Box”. The 72-year American whose net worth is estimated to be around $22 billion (as of 25 May 2022) created asset management firm Bridgewater Associates from […]
Blockchain cryptocurrency Regulation

Cardano Creator Thanks Davos 2022 for ‘Being a Walking Cryptocurrency and Blockchain Advertisement’

On Tuesday (May 24), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, credited Davos 22 for inadvertently promoting blockchain technology and cryptocurrency. Hoskinson was referring to concerns raised by some prominent members of the crypto community — such as Chinese-Canadian Bitcoin entrepreneur […]
Blockchain cryptocurrency Regulation

Goldman CEO Is ‘A Real Bull on the Digital Disruption of Financial Infrastructure’

Recently, David Solomon, who is Chairman, CEO, and a member of the Board of Directors of  The Goldman Sachs Group, Inc., shared his thoughts on blockchain technology and cryptocurrencies. Solomon made his comments on May 18 during an interview with Andrew Ross Sorkin on CNBC’s “Squawk Box”. When asked how Goldman sees itself gitting into […]
Blockchain Cardano

$ADA: IOG’s Head of Product (Identity) Testifies Before California State Senate

Recently, Tony Rose, Head of Product (Identity) at Input Output Global (“IOG”), the company responsible for the development of the Cardano protocol, testified in support of bill SB 1190 before the California Senate Governmental Organization Committee. Rose, who is also a board member at Blockchain Advocacy Coalition, as well as founder and chairman of Proof […]
Blockchain Mining

What is the Blake256r14 Algorithm? Blake256r14 Coin List

Cryptographic hash functions are vital security components of current computers. They form a key part of digital signatures, message authentication codes, and other security protocols. So far, there are four series of cryptographic hash functions generally known as Secure Hash Algorithms (SHA). These are SHA-0 (published in 1993), SHA-1 (published in 1996), SHA-2 (published in […]
Blockchain cryptocurrency Metaverse NFTs

More and More Moms Are Embracing Crypto to Help Their Families Get Richer

Moms are increasingly turning to crypto as the world edges towards a digital landscape.  According to a report by NBC News, moms are diving into the crypto space in an attempt to educate themselves on the digital landscape. The report profiles the efforts of Sarah Monson, who became motivated to learn about cryptocurrencies and NFTs […]
Blockchain NFTs

‘Tomb Raider’ IP Being Sold by Video Game Publisher to Fund Investment in Blockchain Technology

Square Enix Holdings Co., Ltd, which is a highly successful ‘Japanese entertainment conglomerate and video game company’ (perhaps best known for its “Final Fantasy” role playing video game franchise), is reportedly interested in blockchain technology. According to a report by CNBC, Square Enix is selling the iconic “Tomb Raider” franchise to Sweden’s Embracer Group in […]
Blockchain NFTs

Starbucks: ‘We Plan To Create a Series of Branded NFT Collections’

On Tuesday (May 3), American multinational coffeehouse chain Starbucks announced its plans for entering the Web3 era. Starbucks’ blog post, which was written by chief marketing officer Brady Brewer and advisor Adam Brotman, started by talking about their concept of the “third place”: “While the ‘Third Place’ has often been described in physical terms — […]
Blockchain cryptocurrency

Mastercard’s Head of Crypto Not Concerned About Threat From Blockchain Technology

Recently, Raj Dhamodharan, Executive Vice President of Blockchain / Digital Asset Products and Digital Partnerships at Mastercard, explained why his firm does not blockchain technology and cryptocurrency as threats to his firm’s principal business. Dhamodharan, who has been working at Mastercard for nearly 12 years (and before that he worked for around seven and half […]
Blockchain NFTs Stellar

You Can Now Earn NFTs by Learning About Blockchain Technology

A gamified educational platform from Stellar Development Foundation (SDF) lets people earn non-fungible tokens (NFTs) by learning about blockchain technology in general and Stellar ($XLM) Network in particular. Stellar is “an open-source network for currencies and payments”, and it “makes it possible to create, send and trade digital representations of all forms of money—dollars, pesos, […]
Blockchain CBDCs cryptocurrency Regulation Stablecoins

U.S. Treasury Secretary on ‘Digital Assets Policy, Innovation, and Regulation’

On Thursday (April 7), U.S. Treasury Secretary Dr. Janet Yellen gave a speech on “digital assets policy, innovation, and regulation” at American University’s Kogod School of Business Center for Innovation. Below are some key highlights from Yellen’s speech (based on the press release issued by the U.S. Department of the Treasury). Yellen started by reminding the attendees […]
Bitcoin Blockchain DeFi

JPMorgan CEO Jamie Dimon Says DeFi Is ‘Real’

On Monday (April 4), JPMorgan Chase Chairman and CEO Jamie Dimon talked about blockchain technology and decentralized finance (DeFi) in his company’s latest annual Letter to Shareholders. In section “Investments and Acquisitions: Determining the Best Use of Capital and Assessing ROIs” of this report, he stated: “We now process payments for eight of the top 10 global Big Tech […]
Blockchain cryptocurrency Regulation

SkyBridge Capital Founder: Next Batch of Presidential Candidates Will Be Pro-Crypto

Former White House Director of Communications Anthony Scaramucci, who is the founder and managing partner of global alternative investment firm SkyBridge Capital (“SkyBridge”), is predicting that both candidates in the 2024 U.S. presidential election will be supporters of crypto.  During in an interview on Crypto Banter, Scaramucci gave the prediction that the White House will become increasingly favorable […]

Bitwise CIO Predicts ‘A Bull Market That Could Last at Least Through This Year’

Matt Hougan, chief investment officer at crypto-focused investment firm Bitwise Asset Management, is predicting a big rally following President Joe Biden’s Executive Order on “Ensuring Responsible Development of Digital Assets”, which was signed on March 9. Here were the main objectives of this executive order: “We must protect consumers, investors, and businesses in the United States.“ […]

JPMorgan Chase Joins Growing List of Investors in Blockchain Intelligence Firm TRM Labs

Blockchain intelligence leader TRM Labs has announced a strategic investment from JPMorgan Chase & Co. According to the firm’s press release, San Francisco-based TRM labs has announced that JPMorgan Chase has joined the list of financial firms to invest in its crypto compliance and risk management technology. TRM’s technology allows business, regulators and law enforcement […]

Ripple: Key Findings of the ‘Crypto Trends in Business and Beyond’ Report

Earlier this month, FinTech firm Ripple released a report titled “Crypto Trends in Business and Beyond” about a “blockchain-driven landscape” that it calls the “Internet of Value”. Ripple’s 44-page research report — which “focuses on the role of key blockchain use cases like payments and DeFi, and the token types — often referred to as […]

J.P. Morgan Private Bank Strategist on Crypto: “I Recognize That I Am Late to This”

In the February issue of the “Eye on the Market” newsletter, Michael Cembalest, Chairman of Market and Investment Strategy for J.P. Morgan Asset & Wealth Management, takes a close look at “the adoption trends, capital flows and use cases for cryptocurrencies and blockchains.” In this 28-page research report (titled: “The Maltese Falcon”), Cembalest admitted that […]

CEO of Alphabet, Google’s Parent Company: ‘We Are Definitely Looking at Blockchain’

Alphabet (NASDAQ: GOOGL) CEO Sundar Pichai recently talked about his company’s interest in Web3 and blockchain technology. Pichai made these comments last Tuesday (February 1), during Alphabet’s Q4 2021 Earnings Call. According to the transcript of the earnings call by The Motley Fool, when Douglas Anmuth, Internet Analyst at J.P. Morgan, asked Pichai about his […]

CommBank CEO on Risks of Crypto: ‘We See Bigger Risks in Not Participating’

The chief executive officer (CEO) of one of Australia’s largest banks says that the risks of not participating in cryptocurrency are “bigger” than the inherent market risk.  According to a report by Bitcoin.com, Matt Comyn, CEO of Commonwealth Bank of Australia (aka “CommBank”) explained his opinion towards cryptoassets. During an interview with Bloomberg Television in […]

$BTC and $ETH Accepted As Payment Methods for Blockchain Course by a Top Business School

The Wharton School of the University of Pennsylvania, which is the business school of the University of Pennsylvania (America’s first university), is accepting crypto as payment for a new course on blockchain technology and cryptoassets. Wharton is world’s first collegiate business school. Past Wharton students include Tesla CEO Elon Musk, Alphabet CEO Sundar Pichai, Berkshire […]

Valve: Steam-Powered Games Cannot “Issue or Allow Exchange of Cryptocurrencies or NFTs”

Video game company Valve Corporation, the developer of the software distribution platform Steam, has apparently quietly updated its guidelines for game developers to include a new crypto-related rule. The “Onboarding” section of the Steamworks documentation has a new rule (#13) that states games developers should not publish on Steam “applications built on blockchain technology that […]

RegTech Firm Elliptic Using $60M Fundraise To Accelerate Adoption of Crypto

Elliptic, a leading firm in the RegTech space, has announced that its Series C funding round raised $60 million from existing investors, such as Wells Fargo Strategic Capital, and new investors, such as SoftBank Group. What Does Elliptic Do? Elliptic provides blockchain analytics to help firms achieve regulatory compliance when dealing with the cryptoasset space […]

How Texas Is Planning to Become a Leader in the Use of Blockchain Technology and Cryptocurrency

The state of Texas is reportedly aiming to become a world leader in blockchain technology in general and cryptoasset mining in particular following the latest crypto crackdown in China.  According to a report by Forbes published yesterday (October 2), former U.S. Army Captain Lee Bratcher, who is the Founder and President of the Texas Blockchain […]

Deloitte’s Survey Paints a Bright Future for Crypto

The results of a recent survey by Big Four accounting firm Deloitte suggest that most finance professionals believe that digital currencies are the future of money. According to a report by Decrypt, Deloitte’s 2021 Annual Global Blockchain Survey found that 76% of finance professionals believe digital assets will serve as a “strong alternative to, or […]

Microsoft Considering Using Ethereum ($ETH) to Combat Piracy

Microsoft, the software and personal computing giant behind the Windows and Xbox brand, has published a new research paper showing how Ethereum can be used to combat piracy.  According to Cointelegraph, Microsoft’s research department, in conjunction with participants from Alibaba and Carnegie Mellon University, has released a new research paper studying a blockchain-based incentive system […]

Crypto.com’s Cronos Network integrates Chainlink competitor Band Protocol

Crypto.com’s parallel chain, Cronos is integrating the decentralized cross-chain oracle network, Band Protocol to provide reliable and trustless data for decentralized finance (DeFi) applications running on it. In a statement, Cronos announced the integration of Band Protocol oracle solution in an aim to enhance the development of DeFi applications on its network. The integration with […]

The Joys and Hardships of Building a Web 3.0 Social Dapp Platform

Written by: Alex Siman, founder of Subsocial – a Polkadot-based decentralized social network platform I’ll start with answering a question: why do we need decentralized social decentralized applications (dapps) in the first place? Well, the way we communicate has changed greatly since 2004-2006, when Facebook, YouTube, Twitter, and the other Web 2.0 social networks were […]

Crypto Analyst: These Two Blockchain Platforms Could Beat Ethereum and Cardano

Popular cryptoasset influencer and analyst Ben Armstrong has named two high-speed L1 blockchains that have the potential to “unseat the big boys” (including Ethereum, Cardano, Polkadot, and Binance Smart Chain). According to a report by The Daily Hodl, in a video released on June 23 on his very popular YouTube channel “BitBoy Crypto“, Armstrong made interesting comments […]

Professor Kiayias: ‘Cardano Is Unique Because It Was Built With Interoperability in Mind’

Recently, Professor Aggelos Kiayias, Chief Scientist at blockchain technology company IOHK, talked about blockchain interoperability, energy consumption, and security, in particular discussing Bitcoin, Dogecoin, Cardano, and quantum cryptography. Professor Kiayias’ comments were made during an interview with “Cyber Protection Magazine” (a publication that discusses cyber security “in terms the C-suite and business leaders can understand”), which […]

Polygon ($MATIC) Data Now Searchable With Help of Google Cloud’s Big Query

The Etheruem layer-two scaling solution Polygon (MATIC) has announced its blockchain datasets have been integrated on Google Cloud, allowing developers, data analysts, and crypto enthusiasts to better understand the Polygon blockchain. With support from Google’s BigQuery, a “serverless, highly scalable, and cost-effective multicloud data warehouse designed for business agility,” Polygon’s datasets are now listed on […]

Increasing Popularity of Crypto Pressures Samsung to Add Hardware Wallet Support to Its Galaxy Smartphones

South Korean tech giant Samsung has added support for third-party cryptocurrency hardware wallets to its Galaxy smartphones. These wallets including the Ledger Nano S and Nano X. According to an announcement the company published, its smartphones supporting the Samsung Blockchain Wallet – which is available on the Samsung Galaxy store – can now be linked […]

Cardano ($ADA) Founder: “We’re Getting Nation States To Do Cool Things”

In a recent interview, Charles Hoskinson, Co-Founder and CEO of Input Output Global (IOG), the company responsible for building Cardano, talked about some of the key concepts of blockchain technology in the context of Cardano’s research and development work. Hoskinson made his comments during an interesting interview with Forbes that was published on Monday (April 26). […]

VeChain’s Big Name Partnerships Propel $VET To New All-Time High

Enterprise-level partnerships and an emphasis on real-world deals have propelled the price of VeChain’s $VET token to a new all-time high.  According to a report by Cointelegraph, VeChain has become validated in the eyes of large-cap investors due to a series of enterprise-level partnerships. VeChain is a blockchain project that seeks to integrate decentralized governance […]

Coin Bureau Reviews Elrond ($EGLD)

Recently, crypto influencer “Coin Bureau” (“@coinbureau” on Twitter) talked about what he considers one of the smart contract platforms in the world. In a video (titled “Elrond: Next BEST Smart Contract Blockchain??“) released on YouTube channel “Coin Bureau“, the show’s pseudonymous host told the channel’s over 652K subscribers about Elrond ($EGLD). The crypto influencer had this to say about Elrond: […]

Tether Is Planning to Launch New Version of USDT on Polkadot and Kusama

On Tuesday (April 6), Tether Operations Limited (“Tether”), the company that issues the largest stablecoin by market capitalization, announced that it is planning to launch Tether tokens (“USDt”) on the Polkadot network. Before USDt gets launched on Polkadot, it will go live on Kusama, which is currently serving as a canary/test network (or pre-production environment) […]

Merchant Token (MTO): A Cryptocurrency That Brings Consumer Protection to Blockchain Payments

HIPS Payment Group Ltd., a provider of innovative and cost-effective e-commerce and mobile payment solutions, today announced that their highly anticipated cryptocurrency, Merchant Token (MTO), has launched, alongside their Merchant Protocol (HMP) and the Hips Merchant Protocol Gateway (HMP-gateway). HIPS Merchant Protocol (HMP), the Hips Merchant Protocol Gateway (HMP- gateway), and the governing Merchant Token […]

How Decentralized Service Level Agreements Could Help With Hedging Infrastructure Risk

This article looks at how decentralized service level agreements (SLAs) could help with hedging against infrastructure risk, such as delegation risks with Proof-of-Stake (PoS) blockchains. Blockchain technology has allowed for users to transact and send value in a “trustless” environment by removing third-party middlemen. The most basic example of this is Bitcoin, which allows anyone […]

KuCoin Test Network Kratos Beta Officially Ends

KuCoin, one of the world’s top cryptocurrency exchanges, announces that their KuChain team is bringing Kratos beta network to the next stage of development. The team shares gratitude with the community who participated in the beta launch.  The official statement on KuCoin’s blog assures the community that the Kratos beta laid the foundation for important […]

American Pro Baseball Team Oakland Athletics on Bitcoin: ‘We Are Going To Hold It’

On Friday (March 26), Dave Kaval, president of American pro baseball team Oakland A’s talked about Bitcoin and blockchain technology during an interview with Emily Chang on “Bloomberg Technology” (a daily show on Bloomberg TV). On March 14, the A’s issued a press release, which stated that from March 14 through April 1 (Opening Day), […]

How Blockchain Forensics Is Maturing the Crypto Industry

For many years, Bitcoin and other cryptocurrency projects have gotten a bad reputation among mainstream audiences and also in the eyes of regulators and authorities. Bitcoin has been frequently associated with cybercrime and terrorism finance, although data has often suggested that the U.S. dollar is much more prevalent in these activities. Bitcoin’s pseudonymous nature and […]

How XRP Ledger Can Help Central Banks Create and Manage Digital Currencies

FinTech firm Ripple says that it is “piloting” a private version of the open-source public XRP Ledger (XRPL) to allow central banks to create and manage their own digital currencies. The XRP Ledger was created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, and XRP is the native currency of the XRP Ledger. […]

Elrond (EGLD) CEO Targeting One Billion New Crypto Users With Simplified Experience

Elrond CEO Biniamin Mincu says his project is focused on simplifying the crypto experience in order to onboard one billion new users.

NFT Marketplace ‘NBA Top Shot’ Volume Has Exploded Over the Past Month

NBA Top Shot, a blockchain-based platform allowing fans to buy and sell collective highlights called “Moments,” has seen a surge in volume over the past month amidst the general surge in interest for crypto-assets.  According to a report by Forbes published on February 20, Top Shot generated $53.9 million in sales last week, giving an […]

Billionaire Mark Cuban on Stock Market, HODLing, DeFi, NFTs

Recently, Mark Cuban shared his thoughts on the the stock market, decentralized finance (DeFi), and non-fungible token (NFTs) during an “Ask Me Anything” (AMA) session. Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC […]

Kraken CEO Jesse Powell: ‘DeFi Is Really Eating the World of Finance’

In a recent interview with Yahoo Finance, Kraken Co-Founder and CEO Jesse Powell talked about Bitcoin, Ethereum, decentralized finance (DeFi), tokenization of stocks, and Dogecoin (DOGE). Below are a few highlights of the comments the Kraken CEO made during his discussion with Yahoo Finance’s Akiko Fujita and Zack Guzman. Equity Markets Powell argues that the lack of transparency in […]

JPMorgan Chase CEO on Blockchain Technology and the ‘Very Very Tough Competition’ Against FinTech Firms

On Friday (January 15), during the JPMorgan Chase Q4 2020 Earnings Call, CFO Jennifer Piepszak and Chairman and CEO Jamie Dimon talked about blockchain technology and the “very very tough competition” in the next 10 years against FinTech firms. During the Questions & Answers segment of the conference call, Charles Peabody, President of Portales Partners, […]

San Francisco Bitcoiner Has Two Guesses Left Before Wallet Encrypts $240M in BTC Forever

A San Francisco-based programmer has two guesses remaining to access his digital wallet containing 7,000 BTC before the funds are encrypted and lost for good.

OKEx Announces Mainnet Launch of ‘High-Performance Trading Chain’ OKExChain

Popular bitcoin exchange OKEx has announced the mainnet launch of its “high-performance trading chain” OKExChain for January of next year, across four main stages that will ensure the network’s security and reliability. According to OKEx, OKExChain has been in development for “just under three years,” and went through three major phases on its journey to […]

IBC Chairman Khurram Shroff Predicts Crypto Replacing Bullion

IBC Chairman Khurram Shroff says cryptocurrencies will replace bullion in the future after the pandemic exposed the lack of transparency in physical good marketplaces.

IoT Advances Into Blockchain – Transactions With No Human Interaction

It was in 2019 when a robot-artist sold its first drawing for cryptocurrency. Having received an order directly from a customer via a mobile app, it/he/she, the robot, generated a picture and got paid for its work in cryptocurrency, to recover its consumed electricity and paint costs. A robot requests remuneration and covers its expenses. […]

U.S. Treasury’s Brian Brooks: ‘Nobody Is Going to Ban Bitcoin’

On Friday (December 4), during an interview on CNBC’s “Squawk Box“, Brian P. Brooks, Acting Comptroller (since May) at the Office of the Comptroller of the Currency (OCC), said that “nobody is going to ban Bitcoin.” Brooks is currently also a member of the Board of Directors of Federal Deposit Insurance Corporation (FDIC). Between September 2018 and […]

What Biden’s Pick for Treasury Secretary Has Said About Bitcoin and Blockchain

This article looks at what Former Federal Reserve Chair Dr. Janet Yellen, the person who is expected to be the next U.S. Treasury Secretary, has said in the past about Bitcoin and blockchain technology. On November 23, the Wall Street Journal (WSJ) reported that President-elect Joe Biden will nominate Yellen to become his secretary of […]

Some Bitcoin Investor Paid $47,000 to Send $194 in BTC

An anonymous bitcoin user paid $47,000 in fees to send just $194 BTC, joining the growing list of crypto users making costly transaction errors.

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