The upcoming Zcash halving could help ZEC to reduce its annual inflation rate and make the coin more profitable for miners. Reward halvings are a common element of many different forms of cryptocurrency, known to typically impact a coin’s supply, difficulty and price. For many cryptocurrencies, these halving mechanisms are embedded into the code in […]
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Former core Grin developer Gary Yu mined $118 worth of GRIN cryptocurrency in less than 24 hours with a Grin ASIC mining device. Grin (GRIN), a major privacy-focused cryptocurrency, is apparently no longer resistant to mining with Application-Specific Integrated Circuits — or ASICs — according to a former core developer. Gary Yu, a former core […]
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MicroStrategy confirms it has made Bitcoin its primary treasury reserve asset as institutional uptake takes a dramatic bullish step forward. The world’s largest publicly traded business intelligence company MicroStrategy (Nasdaq: MSTR) has formally adopted Bitcoin (BTC) as its primary reserve asset. In a press release issued on Aug. 11, MicroStrategy confirmed it had purchased 21,454 […]
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As cryptos gain ground in India and Bitcoin price spikes, Indian scammers are likely to make the most of the opportunity. India is the hub for call center scams. Call it a lack of strict regulatory measures to stop such activities or the scammers’ resilience to start over every time their business is busted, but […]
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Equilibrium is not quite ditching EOS, but Polkadot will be its new home. An EOS-based decentralized finance project, Equilibrium, has announced its plans to develop a new interoperable protocol on the Polkadot (DOT) blockchain. The project is set to develop an independent parachain connected with Polkadot, featuring an independent utility token called EQ. It acts […]
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The Cyprus Securities and Exchange Commission blacklists another batch of allegedly illegal firms offering crypto and FX trading. Cyprus, a major international business center and tax haven, is warning investors against several suspicious websites offering foreign exchange and digital currency investment. The Cyprus Securities and Exchange Commission issued a warning against seven firms that have […]
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The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades. The metals and minerals resource trading subsidiary of Mitsubishi Corporation, Mitsubishi Corporation RtM Japan Ltd, has launched a blockchain platform named ECO for precious metals trading. Developed by Mitsubishi in partnership with the American blockchain company Skuchain, the platform […]
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Dubbed “Transparent Blockchain,” Russia’s new crypto analytics system is designed to fight illicit activity related to crypto. A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins. Russia’s Federal Financial Monitoring Service, a federal service combating money laundering and terrorist financing, is […]
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Q4 2016 is the name of the game under current conditions, Woo says, but institutional investor presence makes this year very different. Bitcoin (BTC) is copying what it did a year before its $20,000 all-time highs and the new bull market has been here for over a year already. That was according to popular statistician […]
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An Australian woman is facing more than two years in prison after stealing more than $300K in XRP tokens in January 2018. A judge has sentenced Australian citizen Kathryn Nguyen to a maximum time of 2 years and 3 months in prison for her role in stealing more than 100,000 XRP tokens in January 2018. […]
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