New Bitcoin mining outfit Layer1 aims to repatriate 30% bitcoin hash rate back to the USA. Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate. Layer1, which raised $50 million in November from Thiel, Shasta Ventures and Digital Currency Group, […]
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Institutions are turning away from gold to Bitcoin. Meanwhile, investors in DeFi have more hedging opportunities than ever before. The world has arguably been teetering on the brink of a recession for months now. But recent events could be pushing the global economy even closer to the precipice. The coronavirus outbreak has choked China’s output, […]
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Canaan, the world’s second-largest Bitcoin mining hardware manufacturer, and blockchain infrastructure firm Northern Data AG have signed a strategic partnership. Two major players in the global blockchain industry have signed a strategic partnership to pool together their technological and operational achievements. According to a Feb. 19 press release, Canaan Creative, the world’s second-largest Bitcoin (BTC) […]
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The new Coronavirus outbreak has pushed Chinese officials to track individual citizens by their medicine purchases, which presents major ramifications for crypto. The government of Hubei, the Chinese province at the epicenter of the COVID-19 (Coronavirus) outbreak, issued a report on Feb. 18 detailing measures taken against the disease. The officials revealed that they tracked […]
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The Bitcoin mining unit manufacturer rapidly expanded its market share in 2019. Bitcoin’s mining power worldwide has been affected by manufacturing delays caused by the coronavirus outbreak in China, effectively reducing growth in the cryptocurrency’s computing power. Nevertheless, some Bitcoin miners based in the Asian nation have seen an increase in their market share while […]
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FCoin comes up short, failing to pay out up to 7,000 to 13,000 BTC (around $67 million to $125 million) to users. Zhang Jian, founder of Chinese crypto exchange Fcoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it […]
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Amid the coronavirus epidemic, China has turned to blockchain tech to manage medical data, track supply of virus prevention materials and consult the public. Amid the ongoing coronavirus epidemic, China has turned to blockchain technology to manage medical data, track supply of virus prevention materials and consult the public. For the first two weeks of […]
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International Telegram Open Network contributors have submitted a brief to court that criticizes U.S. regulators’ line of attack against the project. A group of international Telegram Open Network (TON) contributors have submitted a court document criticizing United States regulators’ line of attack against the project. The group has formed a non-profit association, “The TON Community […]
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Bitcoin rejected at $10,500 twice in one week, and pro-crypto candidate Andrew Yang pulls out of the race to be the next U.S. President. 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 highlights, leading coins, predictions and […]
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2019 saw the long-awaited launch of ICE’s digital assets platform, Bakkt. CEO Kelly Loeffler is now pursuing a career in the U.S. Senate. Since the 2017 mania, every year in the crypto and blockchain space has been increasingly eventful. 2019 was no exception: Along with Facebook’s Libra project and China’s digital yuan endeavors, Intercontinental Exchange’s […]
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