Bitmain announces three-month Antminer order delays, citing “external interference on company operation.” Bitmain, the world’s largest Bitcoin (BTC) mining hardware company, is postponing its product orders amid ongoing internal conflicts. As officially announced on Aug. 6, Bitmain will be delaying their June and July 2020 Antminer orders by at least two or three months due […]
Continue Reading
Polkadot is releasing a testnet specifically designed for its sharding implementation. The Polkadot (DOT) project launched a testnet to evaluate its planned sharding implementation based on parachains. The key component that separates shards from being just many independent blockchains is communication. Shards need to be able to communicate with their peers to enable cross-shard token […]
Continue Reading
$12,000 is firmly back on the cards as daily gains top 2.2% and Bitcoin erases the effect of its weekend plunge. Bitcoin (BTC) saw fresh gains on Aug. 6 as bulls refused to rest and the price steamed toward $12,000. Cryptocurrency market daily snapshot Aug. 6. Source: Coin360 BTC price recovers $1,200 crash losses Data […]
Continue Reading
Blockchain could be key for ensuring user privacy in COVID-19 contact-tracing apps. Countries all over the world are feeling the impact of COVID-19, as travel restrictions have virtually put an end to tourism for this year. To put this into perspective, recent statistics from Hawaii’s Maui News found that in June of this year, 1,929 […]
Continue Reading
Grayscale Ethereum Trust files to become an SEC reporting company amidst the Ethereum bull run. On August 6, Grayscale Ethereum Trust filed to become an SEC reporting company. Amidst the Ethereum (ETH) bull run, Grayscale Investments voluntarily decided to make its Ethereum Trust an SEC reporting company. The company’s best known investment product is a […]
Continue Reading
CryptoKittes’ creator Dapper Labs has secured $12 million in investment from blockchain venture capital notables and pro-NBA players. Dapper Labs, the team behind CryptoKitties and NBA Top Shot, has secured $12 million in the latest investment round for its Flow blockchain. New investors include Coinbase Ventures, BlockTower Capital, and NBA players Andre Iguodala of Miami […]
Continue Reading
Chainlink rival BAND, the native token of Band Protocol, has soared by 65% in one day after Coinbase announced its listing among other factors. Band Protocol (BAND), a rival blockchain network to Chainlink (LINK) — which is also at an all-time high — surged by 65%. Within 24 hours, BAND rose from $4.825 to $8, […]
Continue Reading
OKCoin developer grants total over $500,000 with the latest grant going to Bitcoin’s most active contributor since 2017. Crypto exchange OKCoin has continued to support Bitcoin (BTC) Core developers with a fourth grant being awarded to Bitcoin’s most active contributor since 2017, Marco Falke for an undisclosed six-figure sum. This grant brings the total amount […]
Continue Reading
State-owned commercial banks in China are reportedly testing a wallet for the country’s forthcoming digital yuan. A group of state-run commercial banks in China are reportedly conducting a large-scale internal testing of a digital wallet designed for China’s national digital currency, the digital yuan. According to an Aug. 5 report by Reuters, the banks are […]
Continue Reading
Investors are in no mood to sell as the number of Bitcoins held in exchange wallets “falls off a cliff” this week. Bitcoin (BTC) exchanges lost 100,000 BTC during the weekend’s price crash, data shows — and that’s a bullish sign. Figures from on-chain monitoring resource CryptoQuant on Aug. 5 tracking exchange balances show a […]
Continue Reading