A previous 40% dip appeared a temporary blip on charts, which already put the metric back near its all-time highs. Bitcoin (BTC) has already dispelled myths its hash rate suffered a 40% drop this week, reaching new all-time highs just days afterwards. What hash crash? As data from monitoring resource Coin Dance confirms, after the […]
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Binance’s decision to re-enter the Chinese crypto market seems to make a lot of sense to many experts operating within this space. In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since […]
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Why did the Bitcoin network’s hash rate suffer a mysterious flash crash earlier this week? The Bitcoin (BTC) network’s hash rate suffered a mysterious flash crash on Sept. 23, in a sudden intraday plummet from 98,000,000 TH/S to 57,700,000 TH/s. By press time, levels have recovered back to 92,800,295 TH/S— yet remain shy of their […]
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Samsung’s entry into the crypto mining industry could disrupt the entire ecosystem if its latest patent comes to life. Electronics giant Samsung filed for a patent in May 2019 titled, “Programmable Blockchain Solid State Drive and Switch.” Even though few details are known about the newly designed system, a surge in patent applications filed by […]
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The Central Bank of Brazil considers crypto assets in the trade balance, following part of the IMF’s guidelines. Cross-border transactions on crypto assets are already relevant and have already had a considerable impact on the domestic economy of some countries. For example, last month, the Central Bank of Brazil (BACEN) reviewed the Brazilian Trade Balance […]
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Bakkt’s launch will increase volatility in Bitcoin, which might also affect altcoins. What does the chart of the top five performers project? Let’s find out. Bakkt Daily and Monthly Bitcoin Futures will launch on Sept. 22 at 8 p.m. EDT. This is likely to increase volatility in Bitcoin, which has been stuck in a tight […]
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Cryptocurrency adoption has gained traction since the invention of Bitcoin 10 years ago. Here’s a look at where you can spend crypto today. Earlier on, when Bitcoin (BTC) arrived on the scene, most cryptocurrency enthusiasts held on to their coins, as there were only so many places they could be spent. Nowadays, the list of […]
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An IT company in Armenia has been accused of setting up a crypto mining operation in a hydroelectric plant and using its electricity illegally for over a year. An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies. $150,000 in power On Sept. 21, in an announcement […]
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Online real-time economic strategy game Prospectors will be launching on WAX blockchain. The online real-time economic strategy game, Prospectors, will be launching on the Worldwide Asset eXchange (WAX). Prospectors blockchain game lands on WAX In a Sept. 17 blog post, WAX announced that one of the largest dApps in the world, The Prospectors, is launching […]
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NASA considers experience with cryptocurrencies and blockchain a plus for its upcoming data scientist at its Jet Propulsion Laboratory. The United States’ National Aeronautics and Space Administration (NASA) is looking to hire a data scientist with crypto and blockchain expertise. Crypto and blockchain considered a plus According to a LinkedIn job listing posted on Sept. […]
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