Ethereum Foundation Developer Péter Szilágyi has confirmed Dec. 4 as the launch date for the network’s Istanbul hard fork. Team lead at the Ethereum (ETH) Foundation Péter Szilágyi has confirmed Dec. 4 as the expected date for the network’s forthcoming Istanbul hard fork. In two tweets posted on Nov. 7, Szilágyi indicated that Istanbul will […]
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Co-founder of Riot Games Marc Merrill had his identity stolen by a Singaporian national who used Merrill’s personal information to illegally access $5 million worth of computing power. The millionaire game developer, Marc Merril, was a victim of the Singaporean man who stole identities to utilize Amazon Web Services’ and Google cloud computing power for […]
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Bitcoin mining has become a multibillion-dollar industry — but with 85% of Bitcoin extracted, is it still profitable? Back in the early days, when Bitcoin (BTC) was but a niche experiment for cypherpunks and basement-dwelling hobbyists, the process of its creation required little more than a budget CPU. Since that time, however, an entire industry […]
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A project by the interior ministry and other entities even includes creating dedicated government wallets for transferring of seized funds. Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC). As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s […]
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New documentation shows 2019 is still negative overall for the Bitcoin mining company, which beat competitors to the IPO crown. Bitcoin (BTC) mining giant Canaan Creative has seen almost $100 million in revenue this year but remains over $30 million in the red. According to an amendment form submitted on Nov. 5 as part of […]
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Bitmain co-founder Jihan Wu claimed that he was removed from the company without his consent and has said he will return, by legal methods if necessary. Micree Ketuan Zhan, the co-founder of major Chinese Bitcoin (BTC) mining hardware producer Bitmain, claimed that he was removed as a legal representative of the company without his consent. […]
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Open-source public blockchain project Nervos has announced the launch of its mainnet dubbed Lina on Nov. 16. Nervos Network, an open-source public blockchain project, has announced the launch of its mainnet dubbed “Lina.” In an announcement on Nov. 6, the Chinese blockchain network founded by the creators of Spark Pool, the largest Ether (ETH) mining […]
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U.S. authorities have charged a New York man with wire fraud for scamming users in a digital currency scheme dubbed Igobit. The Office of United States Immigration and Customs Enforcement’s Homeland Security Investigations and prosecutors for the Southern District of New York have indicted a man for allegedly participating in a cryptocurrency scheme dubbed Igobit. […]
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Following President Xi’s statement, China is now actively pursuing blockchain development through regulation, promotion and application. After President Xi Jinping called to speed up the development of blockchain technology in the country on Oct. 24, blockchain-related news from China just keeps on coming as the country is seemingly eager to beat the United States (or […]
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Chinese president’s embrace of blockchain tech triggered a recent surge in Bitcoin’s price, Galaxy Digital CEO Mike Novogratz said. China’s President Xi Jinping gave credibility to blockchain and crypto by calling the country to accelerate blockchain adoption, said Galaxy Digital CEO Mike Novogratz. The cryptocurrency investor delivered his remarks speaking at the Reuters Global Investment […]
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