Crypto derivatives have significant implications on the young market, but are they positive, negative or too difficult to predict? Just a decade ago, speculating on cryptocurrency prices meant figuring out a way to buy Bitcoin (BTC) and add it to your blockchain wallet. This was a feat that was worthy of bragging rights: In 2010, there […]
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North Korea is allegedly developing its cryptocurrency for bypassing U.S. sanctions, but experts point out other reasons for this initiative. It seems that a movement to create a national cryptocurrency is gaining momentum in Asia. Following China, the North Korean authorities announced their readiness to issue digital money and even indicated the availability of all […]
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The government of the Republic of Uzbekistan has ordered a 300% increase on electricity tariffs for cryptocurrency miners. The government of the Republic of Uzbekistan has ordered a 300% increase on electricity tariffs for cryptocurrency miners. According to a Sept. 27 announcement, the Cabinet of Ministers of the Republic of Uzbekistan has decreed that cryptocurrency […]
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Technical analysts anticipate Bitcoin’s price to recover in the short term in a relief rally following a minor rebound to $8,200. Subsequent to the recovery of the Bitcoin price (BTC) movement from $7,700 to around $8,200 in the past 24 hours, technical analysts anticipate Bitcoin and other major crypto assets to recover in the short […]
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An employee at a nuclear research center was fined $7000 for illegally mining Bitcoin on a supercomputer. An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC). Convicted to pay $7,000 fine According to a Sept. 27 article by Russian news outlet Meduza, […]
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Blockchain and artificial intelligence startup Core Scientific acquires the firm that created the widely used mining program Honeyminer. Blockchain and artificial intelligence startup, Core Scientific has acquired Stax Digital to further develop its infrastructure and software solutions. Creator of Honeyminer In a Sept. 27 press release, Core Scientific announced the acquisition of blockchain mining company […]
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Ripple, the San Francisco-based startup behind the XRP token, has acquired payments platform Logos Network to develop decentralized financial products. Ripple, the San Francisco-based startup behind the third-largest asset on the crypto market, XRP, has acquired payments platform Logos Network to develop decentralized financial (DeFi) products. Per a Sept. 27 blog post, Ripple’s Xpring initiative, […]
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The first federally regulated platform for trading Bitcoin futures is off to a slow start, but predicted to pick up steam over time. After more than a year spent ensuring full compliance with the United States authorities, Bakkt, the first federally regulated platform for Bitcoin (BTC) futures trading, launched on September 23. Conceived by the global […]
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Chinese crypto mining hardware giant Bitmain to launch its World Digital Mining Map during World Digital Mining Summit. Chinese crypto mining hardware giant Bitmain will launch a platform connecting global crypto miners with farm owners in October. World’s first resource to connect farms and miners The platform, dubbed World Digital Mining Map (WDMM), will be […]
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Major cryptocurrency exchange Binance has launched a dedicated staking platform, allowing users to earn rewards on their token deposits. Major cryptocurrency exchange Binance has launched a dedicated staking platform, according to a company announcement published on Sept. 26. The new service will enable Binance users to deposit their token holdings and earn staking rewards, but […]
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