Canadian miner Bitfarms is temporarily reducing staff to help mitigate the spread of COVID-19 and weather the economic crisis. Publicly-listed Canadian mining and blockchain infrastructure firm Bitfarms is temporarily reducing staff, citing the economic and social toll of the COVID-19 pandemic. In an update published on April 6, the company revealed it had succeeded in […]
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Microsoft is devoting resources to identifying ransomware vulnerabilities in the IT systems of hospitals to help in the fight against coronavirus. Global computing conglomerate Microsoft is notifying hospitals that are vulnerable to ransomware attacks to help prevent healthcare institutions from becoming overwhelmed amid the COVID-19 pandemic. The firm also published recommendations to hospitals for securing […]
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Cryptocurrency exchange OKEx announced a new feature that allows its users to convert small balances to the firm’s proprietary token OKB. Cryptocurrency exchange OKEx announced a new feature that allows its users to convert small balances to the firm’s proprietary token OKB. OKEx announced on April 7 that the new product allows its user to […]
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Coronavirus will subside but give governments carte blanche to control money and people who have no choice but to use it, warns Simon Dixon. Bitcoin (BTC) will be the only exit from the “global reset” of finance which will allow central banks to even destroy the banking system itself. That was just one conclusion from […]
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CargoSmart’s and Tesla are testing a new blockchain application to streamline the cargo release process. CargoSmart, the software wing of the Hong Kong-based Orient Overseas Container Line, aims to transform the cargo release process using its new blockchain application. According to a report published by Splash 247 on April 7, CargoSmart partnered with Cosco, Shanghai […]
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Bitfinex is launching a staking service allowing EOS, Tezos, Cosmos, and V-Systems holders to generate passive income from proof-of-stake crypto assets held on the exchange. Major cryptocurrency exchange Bitfinex has become the latest exchange to offer staking services to customers. Announced April 3, Bitfinex will offer staking rewards up to 10% per annum on crypto […]
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After knocking out a key resistance zone, Bitcoin bulls now look to set a higher high above $7,930, which will be a major challenge. Bitcoin (BTC) bulls showed up early Monday morning and took full control of Bitcoin price by sending the price through the $6,900-$7,200 resistance zone to a nearly 4-week high of $7,454. […]
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In an interview with My Two Gwei, CEO Bobby Ong addressed the recent $400 million acquisition of CoinMarketCap by crypto exchange Binance. Just one week after exchange Binance announced its acquisition of CoinMarketCap (CMC) — one of the most-referenced crypto data websites — some prominent figures in the crypto community are speaking out. Bobby Ong, […]
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Beginning on April 24, Brave browser users will be able to deposit Basic Attention Tokens into their Gemini accounts. Brave, the open-source pay-to-surf browser, will soon have more options for trading its signature token. In April 6 blog post on the Gemini website, the platform announced they would soon support trading for Brave’s Basic Attention […]
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As part of the Financial Statements Committee, the Minister of Finance is conducting an investigation into digital assets in Japan. According to top government officials in Japan, the current national tax system is not yet capable of accepting declarations of digital assets, potentially leading to outflows overseas. In a Q&A session at the Financial Statements […]
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