The company said that tens of billions of yen in lost profits led it to the decision, which will also see it move its mining center. Japanese internet giant GMO Internet Group is quitting the Bitcoin mining hardware sector, Cointelegraph Japan reported Dec. 25 referencing a public document. Citing “extraordinary loss” in Q4 this year, […]
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The Bitcoin Private team has officially confirmed that findings regarding the secret premining of an additional 2 million coins are mathematically correct. The development team behind altcoin Bitcoin Private (BTCP) has confirmed the creation of 2.04 million units of BTCP “that were never intended to exist on the blockchain,” according to an official statement published […]
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The crypto market has seen all green this Christmas Eve, with Bitcoin solidly above the $4,000 mark. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. […]
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Bloomberg’s recent article claims that Wall Street’s “dreams” of crypto businesses are now shelved and “in limbo.” Wall Street giants are postponing their plans to more actively enter the crypto industry as the value of cryptocurrencies has fallen, Bloomberg reports Sunday, Dec. 23. The article begins: “Limbo — that’s where to find Wall Street when […]
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Bitcoin jumps 7 percent in daily trading, as many altcoins skyrocket in tandem. Cryptocurrency markets continued their push back into the black on Dec. 24 as Ethereum (ETH) and Ripple (XRP) took turns at giving altcoin investors a timely Christmas present. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 shows a return […]
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Despite the “crypto winter,” the Bitcoin Lightning Network’s capacity has climbed up to 500 BTC, which is worth around $2 million. The capacity of the Bitcoin (BTC) Lightning Network (LN) has surpassed $2 million on Sunday, Dec. 23, according to data provided by BTC statistics website bitcoinvisuals.com. Despite the year-long bear market, combined with the […]
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An additional 2.04 million Bitcoin Private, worth about $3.672 million, have reportedly been secretly coined while importing Bitcoin chain data. During the import of Bitcoin (BTC) chain data, an additional 2.04 million units of altcoin Bitcoin Private (BTCP) have reportedly been secretly coined, crypto assets analytics website Coin Metrics reports Dec. 23. The allegedly secretly […]
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Bitmain has reportedly fired all staff working on its Bitcoin Cash client, and could dismiss over 1,000 more, social media messages allege. Cryptocurrency mining giant Bitmain has reportedly fired its entire staff of Bitcoin Cash (BCH) developers, Blockstream CSO Samson Mow reported, citing Chinese social media sources on Dec. 23. The second in what appears […]
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EOS has topped the list of China’s most respected cryptocurrencies despite facing controversy over centralization. China has released its latest government-sponsored rankings of major cryptocurrencies, placing Bitcoin (BTC) in 18th while awarding the top spot to domestic blockchain platform EOS (EOS). The rankings were released in a press release on Dec. 21. China’s Center for […]
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VCTRADE, the cryptocurrency exchange owned by Japanese financial giant SBI Holdings, started accepting crypto deposits. VCTRADE, a crypto exchange recently launched by Japanese financial giant SBI Holdings, has implemented Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) deposits. The company has revealed this in a press release published Dec. 21. The announcement further notes that the […]
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