The Blockstream CSO announced that Bitcoin miners are reporting technical issues with the Bitmain rigs resulting in 20-30% failure rates. Cryptocurrency miners relying on the Bitmain S17 and T17 Antminer have said that the rigs have failure rates between 20-30% where they would normally be roughly 5%. According to an April 26 tweet from Samson […]
Continue ReadingWith new laws on digital assets taking effect soon in Japan, a bitFlyer subsidiary started offering consulting on blockchain technology. One of the largest cryptocurrency exchanges in Japan and one of the biggest Bitcoin brokers worldwide just announced their blockchain arm would be starting consulting services to address requests from new businesses on blockchain technology. […]
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After rallying 207% since Black Thursday, Tezos pulled back 5.69% but is the rally to a new all-time high over? Since dropping to a 2020 low at $0.93 on March 12, Tezos (XTZ) had been absolutely on fire, gaining 207% and within close distance of its all-time high at $3.96. For investors, the only question […]
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The incarcerated Silk Road founder sees long term bullish possibilities for Bitcoin in 2020, with a potential market cap of $7 quadrillion. After predicting a possible Bitcoin price drop to the $3,000s, Silk Road founder and federal inmate Ross Ulbricht sees long-term bullish possibilities for the cryptocurrency price staying well above $20,000. Posting to his […]
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Bitcoin volatility is steadily increasing as the halving approaches, and investors can gain from bull and bear price action by betting on volatility. Many investors believe a significant price swing is about to happen, as the next Bitcoin (BTC) halving is now less than 15 days away. Despite its demonstrated and incredibly long term potential, […]
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Bitcoin faces a crucial test at the weekly close, Bloomberg says BTC is setting up for a 2017-like bull run, and hodlers take action as May’s halving draws nearer. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation […]
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The ‘Binance Smart Chain’ whitepaper has attracted criticism from the crypto community, drawing predictions that the chain will be prone to centralization. Many crypto analysts have criticized the whitepaper for Binance’s forthcoming ‘Smart Chain’, which was published on April 17. Smart Chain will be Binance’s second smart contract-enabled chain after Binance Chain. It offers the […]
Continue ReadingBlockchain-based cloud network Storj has announced a program to provide free storage to organizations researching COVID-19. Decentralized storage network, Storj, has launched a program providing free storage to organizations participating in COVID-19 research. The program follows widespread contributions from the crypto community toward the distributed scientific research platform, Folding@Home. Organization researching COVID-19 qualify for 2TB […]
Continue ReadingSentencing of the lawyer who laundered $400 million for the OneCoin Ponzi scheme has again been postponed. The sentencing of Mark Scott, a licensed attorney who laundered $400 million for the infamous OneCoin Ponzi scheme, has been adjourned until July 14, 2020. On April 25, Judge Edgardo Ramos of the New York Southern District Court […]
Continue ReadingAn independent film about stablecoins momentarily topped the U.S. box office charts earlier this month. An independent film touting the virtues of the privacy coin, Monero (XMR), briefly topped the U.S. box office charts earlier this month. The film accomplished this feat with a total gross of just $3,430 amid the COVID-19 pandemic. Unabridged lecture […]
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