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Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
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Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Blockchain.info Web Wallet Users Have Transacted $19.6 Billion Bitcoin

newsbtc
newsbtc
4 years ago
2 mins read

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The short article comes as somewhat of a correction and follow-up to a news report we published at the start of the month. Therein, we had reported that Blockchain.info web wallet users had transacted just over three billion dollars worth of bitcoin.

We didn’t just pull the information from thin air, though. It came from the site’s own counter at blockchain.info/wallet (which we recognize is probably not an exact reflection of true figures but supplies an accurate projection).

You’ll probably be surprised to learn that the actual amount that’s been transacted via the Blockchain.info web wallet is on the order of $19.6 billion at the time of this writing (as indicated by the counter).

Was there a magical jump from the beginning of this month to now? The answer is simply no.

Transacted on Blockchain Web Wallet

I caught up with Blockchain CEO Nicolas Cary Monday evening in attempt to get find clarity on the matter.

“The current number is accurate,” he said, referring to the above-mentioned transaction counter. And there wasn’t a ‘magical’ jump. Rather, a technical issue in May was the cause of the discrepancy.

“After our outage in May some auxiliary services needed to be reset before we could restore historical data,” Cary added. “The $3 billion was accurate for the past few months. Which is pretty impressive.”

Impressive, indeed.

Blockchain.info serves as the most popular bitcoin hub on the internet, starting off first as a block chain explorer. The company’s web wallet service now has over 1.7 million users, too.

Growing rapidly, the company continues their attempts to provide the most useful resources to new and seasoned users of this revolutionary digital currency.

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