Bitmain is preparing for an initial public offering in the United States — three months after plans for a share sale in Hong Kong lapsed, according to a report. Chinese cryptocurrency mining giant Bitmain is revisiting plans for an initial public offering (IPO,) Bloomberg reported on June 21. The company had filed to list an IPO on […]
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Ripple CEO argues that there will not be one single crypto “rule them all,” stating that each one should prove its own use case. Bitcoin (BTC), and XRP, the third biggest coin by market cap, are not competitors, Ripple CEO Brad Garlinghouse claimed in a Fortune interview on June 20. In the interview, Garlinghouse outlined […]
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CNBC host Joe Kernen has been praised by bitcoin advocates for claiming that libra isn’t a cryptocurrency because of how it is pegged to fiat currencies. CNBC’s Joe Kernen claims he is being treated “like a god” on Twitter following a June 19 interview on Squawk Box where he questioned whether Facebook’s libra is a cryptocurrency. In the […]
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Australia’s central bank says that despite “some recognition,” drawbacks mean consumers will prefer the country’s dollar. Australia’s central bank said bitcoin (BTC) and cryptocurrencies would remain outside mainstream payments in a dedicated article issued on June 20. Titled ‘Cryptocurrency: Ten Years On,’ the document from the Reserve Bank of Australia (RBA) appears to commemorate the […]
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The G7 taskforce will examine how central banks can ensure cryptocurrencies comply with anti-money laundering laws and consumer protection rules. A G7 taskforce is being created to examine how central banks can regulate cryptocurrencies such as Facebook’s libra, Reuters reported on June 21. Francois Villeroy de Galhau, the governor of France’s central bank, said: “We want to combine being open […]
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Developers said they successfully implemented eToro’s eToken on Libra in the first week it became public. United Kingdom-based trading platform eToro has conducted a successful trial of issuing tokenized assets on Facebook’s Libra protocol. The company confirmed the results in a blog post on June 20. According to a Github repository detailing its activities, eToroX, […]
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Bitcoin is exciting investors after BTC price is up almost 30% in a month and now just $200 of a key psychological barrier. Bitcoin (BTC) set a new 2019 high on June 21, hitting $9,800 and firmly beating daily returns of almost all major cryptocurrencies. Market visualization courtesy of Coin360 Data from Coin360 put BTC/USD […]
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The essential metric for bitcoin network security reached more than 65 trillion hashes per second on Wednesday this week. The Bitcoin (BTC) hash rate – the total computing power of the bitcoin network – reached new all-time highs this week, data from monitoring resource Blockchain.com confirmed on June 19. As the Bitcoin price set a […]
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Ethereum Classic developers and contributors recently decided that the Atlantis hard fork will occur on block 8,772,000, estimated for September 17. The Atlantis hard fork for Ethereum Classic (ETC) has been officially set to occur at block 8,772,000 on the blockchain, according to the Ethereum Classic Improvement Protocol (ECIP) finalization call via Discord on June […]
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Facebook’s newly announced cryptocurrency could shake up the industry and bring mainstream recognition to blockchain. Facebook has been in the news quite often over the past few years — and usually for all the wrong reasons. The social media giant has been lambasted over its privacy practices, its seemingly anti-consumer stance and even an apparent […]
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