Bitcoin retreats as German government selling intensifies

Bitcoin (BTC) price fell to under $56,000 as the German government sold more BTC On-chain data shows Germany sent more than 16,000 BTC to exchanges on Monday – the largest transfers in a single day. Bitcoin price fell below $56,000 again on Monday, dropping by about 2% at the time of writing as Germany took […]

3 German computer scientists bringing scalability to Bitcoin using zk-proofs

The three German scientists formed ZeroSync Association to bring Zero-Knowledge Proofs to Bitcoin. The association has received sponsorship from Geometry Reaserch and StarkWare Industries. Geometry Reaserch is a crypto investment firm while StarkWare Industries is the software company behind StarkNet. Bitcoin currently uses the proof-of-work (PoW) consensus mechanism which in a way limits its scalability. […]