Blockchain businesses will be able to receive up to $86,800 in relief on rent bills under new measures brought in by Fuzhou, China. Fuzhou, China is offering rent subsidies to blockchain businesses in a bid to accelerate the industry’s growth, the state-run People’s Daily reported on June 11. The incentive is part of three measures designed to […]
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Partnership between Japan’s transport and e-commerce giant revs up Tokyo’s efforts to go cashless. The Japanese transportation industry is leading the country’s long-standing efforts to go cashless. Earlier this month, two major players from the archipelago’s e-commerce and transport industries partnered up to simplify and promote payments that do not require hard cash. Homegrown e-commerce […]
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Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install XMR mining malware. Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install monero (XMR) mining malware, while using certificate files as an obfuscation trick. […]
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An island bordering Russia and China may become a large financial center for crypto exchanges and forex markets. Russia may build a large financial center on the island of Bolshoy Ussuriysky, according to a report by the state-run TASS news agency on June 8. Leonid Petukhov, who heads the Far Eastern Agency for Attracting Investments and […]
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Bitcoin price analyst Oliver Isaacs thinks BTC will hit $25,000 around the end of 2019, due to factors such as China’s trade war with the U.S. and signs of mainstream adoption. Bitcoin (BTC) price analyst Oliver Isaacs thinks it will hit $25,000 around the end of 2019, according to a report by The Independent on […]
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Cryptocurrency investment products and research firm CoinShares estimates that 74.1% of bitcoin mining is powered by renewable energy. Cryptocurrency investment products and research firm CoinShares estimates that 74.1% of bitcoin (BTC) mining is powered by renewable energy in its bi-annual mining report published on June 5. The report also claims that “at current prices, the […]
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BanQu announced that it closed an extension of its series A funding round led by Anheuser-Busch InBev’s investment arm ZX Venture. United States-based blockchain identity startup BanQu announced that it closed an extension of its series A funding round led by multinational drinks and brewing company Anheuser-Busch InBev’s investment arm. The development was announced in […]
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Notre Dame University and the Pacific Northwest National Laboratory released a study on the speed and scale of cryptocurrency discussions on Reddit. The University of Notre Dame and the Pacific Northwest National Laboratory (PNNL) released a study on the speed and scale of cryptocurrency discussions on Reddit on May 13. The paper claims to be […]
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Bitcoin and Ether are in the red, Ripple is in the green. Top 50 cryptocurrencies are mostly in the red in a more uncertain crypto market. Thursday, June 6 — Bitcoin (BTC) and ether (ETH) are trending down slightly following the slump from the recent rally. Top cryptocurrencies are seeing a mix of ups and […]
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Despite bitcoin price rising by 57% in May, a new report from SFOX has downgraded the crypto market outlook to uncertain. The current outlook for the cryptocurrency market has been downgraded from mildly bullish to uncertain, SFOX’s latest volatility report concluded on June 6. While the report acknowledged that crypto prices recovered substantially last month, the authors described […]
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