A source close to the mining chip manufacturer involved in the deal confirmed an order for 600,000 7nm units. Bitcoin (BTC) mining giant Bitmain will increase its capacity by 50% in the next six months on the back of a giant hardware order, a source close to the deal has said. Bitmain eyes 50% capacity […]
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Binance CEO Changpeng Zhao says he is confident no cryptocurrency has gone missing due to technical problems on Friday. Cryptocurrency exchange Binance has confirmed user funds are not at risk after a reported technical problem began affecting withdrawals. According to CEO Changpeng Zhao, also known as CZ, the situation was being resolved on Aug. 23, […]
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At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. A report from the Financial […]
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Bitcoin is more efficient for paying taxes than bank cards, suggests co-founder of Toronto-based cryptocurrency exchange Coinberry, Evan Kuhn. Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments. As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that […]
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Simetri Research has launched a new cryptocurrency trading signals platform, which is reportedly designed for short-term traders needing quick market insights. Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals. Closing the information gap […]
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Blockchain startup Blockstack has received funding from Recruit Holdings, a giant in the Japanese human resources world who will buy STACK tokens as part of the deal. Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings. U.S. startups look for Japanese partnerships The Block reported the startup’s new funding […]
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International money transfer firm Xendpay has joined RippleNet to take advantage of its network for sending all types of currency around the world. Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions. Going beyond the U.S. dollar Ripple announced the news on Aug. 20. Per the announcement, RippleNet will […]
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Rwanda’s central bank is looking at central bank-issued digital currency tests in other countries as they consider one themselves. Rwanda’s central bank, the National Bank of Rwanda, is researching how to offer an official digital currency. BNN Bloomberg reported the news on Aug. 22. The central bank is interested in offering digital currency as a […]
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The crypto market is seeing green in general, with Bitcoin price hovering at around $10,150. Thursday, Aug. 22— Bitcoin (BTC), Ether (ETH), and XRP are all in the green. These top three coins fell from Monday to Wednesday, but are moving upwards again. Top cryptocurrencies are generally green across the board. Market visualization. Source: Coin360 […]
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Venezuelan department store chain Traki to use Pundi X’s blockchain-based payment processors, expanding support for crypto payments at 49 stores. Cryptocurrency startup Pundi X has partnered with major Venezuelan chain Traki, who will now offer Pundi X’s blockchain-based point-of-sale devices for crypto payments. Pundi X announced the expansion in an official blog post on Aug. […]
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