Alphabet Inc., the parent company of Google, Nest and other ventures has invested in Basis, an ERC20 token. Bain Capital Ventures invested $133 million during the private placement round as their first crypto purchase. Alphabet Inc.’s venture capital division, GV, along with Lightspeed Venture Partners, Foundational Capital, Andreessen Horowitz and Sky9 Capital were among the […]
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Amazon was awarded a US patent for analyzing the data stream coming from various data sources, to determine who has made a Bitcoin transaction. The data that the analysis provides may then be sold to subscribers, or shared with various government organizations, including law enforcement, tax collectors and regulators. According to the patent, the invention […]
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News has come out that the Islamic scholar, Muhammad Abu-Bakar of Blossom Finance in Indonesia has declared Bitcoin permissible under Sharia Law. This would bring in a potential 1.6 billion Muslim investors from around the world. The study was published just prior to the huge spike in the price of Bitcoin seen on April 12th, […]
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Bitcoin mining rig company, MyRig, formerly BitmainWarranty, confirmed that the Halong DragonMint T1 miner uses 10nm Samsung chips, according to a recent tweet. Now Dragon Flying (Shipping), this is what powers @halongmining DragonMint T1. Yes Samsung and Yes 10nm. i'm sure someone had seen some news in the past about it from big foundry about […]
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In the United States, the Constitution is the law of the land, upon which all other rules and regulations are based. It is a document that was framed to protect the inalienable rights of the people, and it has withstood the test of time, with amendments. There are those people who believe in Constitutional Originalism […]
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The CME is the largest futures exchange in the world. Since Bitcoin futures became available, public interest in the new derivative has surged. According to Tim McCourt, Managing Director and Global Head of Equity Products and Alternative Investments at CME, the futures trading volume on their platform has increased steadily on a monthly basis since […]
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In 2017, prominent investor bankers like Jamie Dimon of JPMorgan Chase were calling Bitcoin a fraud. This year, they’re singing a different tune, and we’re seeing people of the caliber of George Soros investing in crypto. Now, the Rockefeller family is investing in cryptocurrency. Their $3 billion venture capital firm, Venrock was created by John […]
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Roger Ver has declared Bitcoin Cash as the true Bitcoin, and now Coinbase is adding support for Bitcoin forks, according to their blog. This new functionality will enable Coinbase customers to withdraw Bitcoin forks within a few months, while keeping everything in alignment with their process for adding new digital assets. The current process for […]
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On April 5, 2018 Roger Ver tweeted from Seoul Korea, “Bitcoin Cash is Bitcoin.” He included a diagram that showed three scenarios related to the fork of Bitcoin Cash from Bitcoin. In his diagram, he suggested that people who see Bitcoin Cash (BCH) as a “hard-fork” that branched off of Bitcoin, with Bitcoin (BTC) continuing […]
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As we reported last month, cryptocurrency developers try to optimize their blockchains for standard computer equipment, to discourage large entities from cornering the market in mining their coins. Monero may hard fork to reject a Bitmain ASIC, and the developers of Ethereum have been trying to keep it ASIC-resistant. Bytom is embracing ASICs and the […]
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