Crypto Bytes
DIGESTIBLE CRYPTO NEWS + PODCAST

“Bitcoin is the Facebook of money.. used by millions today, but over the next ten years, it’s real challenge will be to adapt and improve as it reaches billions of users.”
– Ami Ben-David, 2019

MOON
Who’s up…

Bitcoin’s Big Milestone… Now, bitcoin has crossed a significant adoption and usage milestone with its 400 millionth transaction since bitcoin was created in early 2009, as recorded by bitcoin’s public blockchain. Bitcoin is now averaging 350,000 transactions per day at around 15,000 transactions every hour, which is about four a second. Source

Top YouTuber Joins Blockchain… PewDiePie, the world’s most popular YouTuber by subscriber numbers (93.7 million), has joined blockchain-based live streaming platform DLive, the YouTube on the blockchain. DLive rewards both content creators and viewers using its native token, “Lino points.” While some platforms take up to 50 percent of creators’ income, decreasing the “viability and livelihood” of the community, DLive takes no percentage of earnings and does not charge any fees to content creators, the platform said.

Takeaways: Bitcoin is gaining traction and user adoption which is a more significant measure than Bitcoin’s price. Blockchain offers a alternative platform for content creators that keeps more money in their pockets.

REKT
…Who’s down

Galaxy Hacked… Widely touted as a game-changer for the crypto community because of its groundbreaking integration of a cryptocurrency wallet, the Samsung Galaxy S10 is apparently a lot less secure than intended. In February, Samsung announced that its latest S10 model would integrate a secure blockchain wallet to store private keys for crypto assets. But a new video posted on Imgur shows how a hacker named ‘darkshark’, a security researcher, appears to bypass the mobile device’s biometric security system to unlock the phone.

Bitcoin SV Delisted… Craig Wright, who claims to be Satoshi Nakamoto, had his attorneys serve legal papers to an anonymous Twitter user who publicly denied he created Bitcoin. In response, the crypto community rallied against Wright. The CEO of Binance threat to delist Wright’s Bitcoin SV (BSV) wasn’t empty as BSV will be delisted on Binance on April 22 and no longer able to trade.

Takeaways: Hack on the S10 is a Samsung design flaw of the phone rather than a problem with the crypto wallet. If you have Bitcoin SV on Binance you need to sell it or move it by April 22. In any case, it is advised to keep your crypto off exchanges and store on a hardware wallet such as a Ledger Nano.