Bitcoin miners now employ almost 70 quintillion hashes per second to maintain the blockchain. German Bitcoin (BTC) mining company Northern Bitcoin has signed a deal to buy almost 5,000 mining rigs from Bitmain and Canaan Creative, the company confirmed in a press release on July 1. Northern, which is headquartered in Frankfurt but operates a […]
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73% of Chinese enterprise employees believe that blockchain is a top-five strategic priority, Big Four audit firm Deloitte found. As much as 73% of Chinese enterprises believe that blockchain is a top-five strategic priority, according to a report by Big Four audit and consulting firm Deloitte released on June 27. In the report, titled “Deloitte’s […]
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sponsored A crypto exchange has renewed its sponsorship deal with a football team, as it sets its sights on expanding into the United States. A crypto exchange has announced that it has renewed its sponsorship of an English Premier League football team for the second season running. CoinDeal says the extension of its deal with […]
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Data from Google Trends ‘search analytics resource reveals that internet googling of ‘bitcoin’ is now at a 17-month high. Data from Google Trends’ search analytics resource reveals that internet googling of ‘bitcoin’ (BTC) is now at a 17-month high, according to the most recently updated data for June 29. Internet searches for ‘bitcoin’ worldwide. 1 […]
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Bitcoin has been profitable as an investment 98.2% of the days since its creation, the latest data shows as of July 1. Bitcoin (BTC) has been profitable as an investment 98.2% of the days since its creation, data from holdcalc.com as of July 1 indicates. Counting 3830 days back — to January 4, 2009, one […]
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German BaaS provider Advanced Blockchain AG has become the first blockchain firm to be listed on Germany’s Xetra digital stock exchange, operated by Deutsche Börse. German Blockchain-as-a-Service (Baas) provider Advanced Blockchain AG has become the first blockchain development firm to be listed on Germany’s Xetra digital stock exchange, operated by Deutsche Börse. The news was […]
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Support at $12,000 failed to hold over the weekend, with sentiment now preferring a roughly 40% retracement. Bitcoin (BTC) led major cryptocurrencies on a fresh downward spiral July 1 after markets halted support above $12,000. Market visualization courtesy of Coin360 Data from Coin360 shows bitcoin has lost its grip on the $11,000 mark as of […]
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Blockstream CEO Adam Back — inventor of the hashcash proof-of-work system — says that “bitcoin time” seems to be running faster than the “internet time” of the early dotcom era. Blockstream CEO Adam Back — inventor of the hashcash proof-of-work (PoW) system later used in bitcoin’s (BTC) mining algorithm — says that “bitcoin time” seems […]
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As Israel arrests hackers with military training over the Bitfinex hack, CT talks with cybersecurity experts about the infamous cyber attack. One of the most prominent crypto cybercrimes in recent years took a dramatic turn on June 23, when two Israeli brothers were arrested in connection with the 2016 Bitfinex hack and other crypto-related phishing […]
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Quantum computers will not kill blockchain, but they might trigger fundamental changes in underlying cryptography. The major selling point of blockchain and its applications is that cryptographically secured distributed ledgers are virtually “unbreakable” under normal circumstances, given the current state of computational technology. Its validity, however, is heavily dependent on the “state of technology” assumption. […]
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