-Bitcoin news, price, information & analysis
Having banned the exchanges where cryptocurrencies like Bitcoin are traded, the Chinese government is now cracking down on the plants where such currencies are mined. The Yingjiang Administration Bureau for Industry and Commerce, which enforces enterprises and consumer protection laws, issued a notification to the Bitcoin mining facilities...
Very few positive stories come out of China with cryptocurrency in the headlines. This one is no different as the central bank has continued with its rhetoric over the risks of dealing with digital currencies. Same Old Story; Crypto Bad, Blockchain Good The People’s Bank of China has...
Exchanges can currently be divided into two distinct categories, centralized such as Coinbase or decentralized such as IDEX. A hybrid may be on the horizon, however, from the founder of Substratum. A Distributed and DEX Combo According to PR Newswire Substratum has announced the development of Amplify Exchange,...
While China is known for its rather unfriendly stance toward cryptocurrencies, the situation is significantly better when it comes to blockchain technology. Numerous companies, influential individuals, and even the country itself recognize that this is the technology of the future. As such, they are very supportive of it...
As Bitcoin adoption increases, a new study published Monday by Nature Climate Change warns that energy-demanding Bitcoin transactions would easily sling the global temperature past the 2-degree threshold set under the Paris Climate Agreement. But, is it true that Bitcoin is this energy inefficient that the mainstream media...
Declining volatility in crypto markets has allowed startups, investors, and industry leaders to slow down, and postulate about the future of this nascent industry, catalyzing a series of positive developments. For one, in the past week, certain crypto-centric entities were awarded wheelbarrows of regulatory traction, with leading governmental...
When Bitcoin was debuted in October of 2008, the world’s first cryptocurrency was slow to garner traction. At the time, only the most eccentric internet users were willing to allocate capital, time, and brain power to bolster the development efforts of the Bitcoin Network, the first true blockchain/decentralized...
A 23-year-old Australian woman has been arrested over the alleged theft of AU$450,000 worth of XRP tokens following a 10-month investigation. More than 100,000 units of the token were stolen from an electronic account belonging to a 56-year-old man. Australian Police Call for Multi-Factor Authentication to Add Protection...
A research report by the Hong Kong Exchange (HKEX) argued that fintech firms using cryptocurrency should be subjected “to the governance by the Securities Law”. HKEX Finds Risks In Large-Scale Deployment of Blockchain In Securities Industry The stock exchange of Hong Kong, Asia’s third-largest operator by market cap,...
Chinese cryptocurrency mining giant, Bitmain, has officially released a firmware update that allows Bitcoin miners to activate the Overt AsicBoost upgrade that significantly increases their operational efficiency and decreases their cost-basis. The upgrade comes after the development group behind Slush Pool verified that Bitmain’s popular Antminer S9 hardware...
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