Annual electricity demands for Bitcoin mining is now lower than a year ago, when hash rate was under half current levels. Bitcoin (BTC) energy consumption is becoming rapidly more efficient, new data shows as hash rate continues to hit record highs. Record hash rate with less power Data from aggregator Statista accessed on Sept. 5 […]
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A 48-year old Thai man who called himself the “cryptocurrency wizard” has been arrested in Bangkok over his alleged role in a $16.3 million crypto exchange fraud. A 48-year old Thai man who called himself the “cryptocurrency wizard” has been arrested in Bangkok over his alleged role in a 500 million baht ($16.3 million) crypto […]
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A special edition of the new Galaxy Note 10 for the South Korean market will reward users with free KLAY tokens. South Korean tech giant Kakao Corp. will issue its affiliate cryptocurrency, KLAY, direct to Samsung smartphone users. According to the Wall Street Journal (WSJ) citing people familiar with the plans on Sept. 5, the […]
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Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” to pursue its challenging chain blockchain venture. Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” in order to push ahead with its challenging blockchain venture. Insights into the retailer’s blockchain development work were revealed by […]
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The United States’ National Security Agency is allegedly working to develop a quantum-resistant cryptocurrency, a Bloomberg reporter has claimed. The United States’ National Security Agency (NSA) is allegedly working to develop a quantum-resistant cryptocurrency. The claim was made in a tweet by Bloomberg Technology reporter William Turton on Sept. 4, who was in attendance at […]
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Bitcoin holds around $10,500 as most altcoins take a significant beating, while Binance Coin is the biggest loser among the top-20 coins. Wednesday, Sept. 4 — The top-20 cryptocurrencies are showing red candlesticks across the board, as the number one cryptocurrency continues to test support at $10,500. Market visualization. Source: Coin360 The Bitcoin (BTC) price […]
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Rainforest Foundation US has reached out to the crypto community to help fight against deforestation and forest fires in the Brazilian Amazon. Rainforest Foundation US is a New York-based, non-profit NGO working in Central and South America, which is now hoping to support anti-deforestation efforts with crypto and blockchain tech. Deforestation and fires in the […]
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Bitcoin is poised to benefit from the economic havoc and political implications of a possible no-deal Brexit, analysts argue. With Britain reeling from a parliamentary showdown aimed at thwarting the government’s threat to pull the country out of Europe in a no-deal Brexit, Bitcoin (BTC) is relatively stable as compared with the British pound sterling. […]
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Twitter and Square CEO Jack Dorsey believes Bitcoin is not functional as a currency. Square and Twitter CEO Jack Dorsey has said Bitcoin (BTC) will continue to be adopted more widely, but it is still too early to consider it a currency. Make Bitcoin more usable and accessible as a currency On Sept. 4, the […]
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Software giant Oracle has listed blockchain developer Hydrogen’s finance platform on its Oracle Cloud Marketplace. Fintech blockchain developer Hydrogen has announced that its platform is now available on software giant Oracle’s Cloud Marketplace. Hydrogen now available to millions On Sept. 4, the startup announced that the listing on Oracle Cloud Infrastructure will make its application […]
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