Chinese Mining Giant Bitmain’s New Firmware Update Reignites AsicBoost Controversy

Major Bitcoin mining company Bitmain releases new firmware days after compatibility warnings from competitor Slush Pool. Chinese cryptocurrency mining giant Bitmain confirmed it would roll out a firmware update for so-called ‘Overt AsicBoost’ to all its Antminer models in a blog post Monday, Oct. 22. Bitmain, which holds a monopoly on Bitcoin mining through its […]

Continue Reading

Use of Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others

The value of blockchain technology in leading markets has grown rapidly over the past 12 months. Many startups, major conglomerates, supply chain operators, and distributors have attempted to integrate blockchain technology over the past two years, to increase transparency and reduce the power of central entities in data processing. With billions of dollars being invested […]

Continue Reading

Gov’t-Owned Holding Company Subsidiary Invests in Binance’s Singapore Expansion

Binance has received an investment from Temasek subsidiary Vertex Ventures to support the exchange’s expansion into the Southeast Asian market. Vertex Ventures has announced an investment in the largest cryptocurrency exchange Binance to facilitate its expansion into Singapore, according to a press release shared with Cointelegraph Oct. 23. Vertex Ventures is a subsidiary of Singapore-based […]

Continue Reading

Overstock’s Medici Ventures Invests in Decentralized Social Network

Overstock’s Medici Ventures has invested in a blockchain-powered social networking platform Minds, Inc. Overstock’s venture capital subsidiary Medici Ventures has invested in decentralized social network Minds, Inc. (Minds.com), according to a press release shared with Cointelegraph Oct. 22. Founded in 2011, Minds is a decentralized social networking platform that rewards users for their activity online […]

Continue Reading

Blockchain Investor Vinny Lingham: ‘Bitcoin Threatens Gov’ts’ Ability to Make Money’

Crypto entrepreneur Vinny Lingham says global governments will push back against cryptos like Bitcoin, and many will issue their own coins. Bockhain entrepreneur and industry advisor Vinny Lingham told Cointelegraph in an interview Oct. 21 that cryptocurrency prices will surge again, but it will take some time. Speaking with CT during the Money20/20 conference Sunday, […]

Continue Reading

US SEC Suspends Securities Trading of Nevada-Based Firm for False Crypto Claims

The SEC has stopped securities trading of a Nevada-based firm for making false claims that its crypto trading activities were registered with the regulator. The U.S. Securities and Exchange Commission (SEC) has suspended securities trading of a Nevada-based firm for making false claims that its cryptocurrency trading activities were approved by the SEC, according to […]

Continue Reading

U.K. MP to Advise Crypto Exchange on Gov’t Relations, Says ‘Steep Learning Curve’ Ahead

U.K. MP Stephen Hammond has joined the advisory board of a new retail investor-focused crypto exchange to provide guidance on government relations. U.K. Member of Parliament (MP) Stephen Hammond has joined the advisory board of a new retail investor-focused crypto exchange to provide guidance on government relations. The news was shared in a press release […]

Continue Reading

Australia: $50 Million ICO Shuts Down ‘in Accordance with’ Regulatory Requirements

An Australian company that aimed to raise $50 million to create a crypto exchange has shut down “in accordance with” local securities commission requirements. An Initial coin Offering (ICO) conducted by an Australian crypto startup Global Tech Exchange (GTE) has ceased operations, citing the Australian Securities and Investments Commission (ASIC) requirements, the company’s website reveals […]

Continue Reading