On Wednesday, Bitcoin exchange and payment processor Coinbase proudly announced that it has been holding insurance against theft or loss of its coins for almost a year.
When Bitcoin was created, it was built on blockchain technology. All Bitcoin transactions are validated by so-called miners, in blocks that contain all new transactions since the previously validated block.
Beyond doubt, things have not been easy for Dogecoin in the recent months.
Just one week after it was confirmed that Google would acquire game-streaming service Twitch in a deal worth $1 billion, Twitch announced that it was partnering up with payment services company Xsolla.
The New York Department of Financial Services (NYDFS) published their proposal for a BitLicense a little over a week ago, and it has already led to a storm of critique.