South Korea’s conglomerate CJ Corp is deploying Amazon’s centralized blockchain platform to improve music copyright management. An IT arm of South Korea’s major conglomerate CJ Corp is using Amazon’s blockchain tech to improve music copyright management. CJ Corp implementing Amazon Managed Blockchain CJ OliveNetworks, a technology subsidiary of CJ, has reportedly implemented Amazon Managed Blockchain […]
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Head of the Kyrgyz National Energy Holding said that crypto mining is not defined under local law. Authorities of Kyrgyzstan cut off power to 45 crypto mining firms as they consumed more energy than three local regions combined. Following the power cut, the head of the National Energy Holding Aitmamat Nazarov stated that the cryptocurrency […]
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Metric reveals record interest in participating in the Bitcoin network despite sideways price trading. Bitcoin (BTC) will see its mining difficulty grow by almost two-thirds in Q3 2019, new data reveals as the metric astounds markets. Bitcoin metrics show big competition in play Uploading historical and future projections to Twitter on Sept. 19, well-known analyst […]
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Following a summer full of news on the local industry, the Cabinet of Iran is considering a new system of annual registration for crypto miners. As part of ongoing maneuvers to legitimize the industry, Iran’s cabinet is looking into a proposal to register cryptocurrency miners on a year-to-year basis. The proposal According to documents reported […]
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BCH developer Amaury Séchet seemingly exposed a secret about the coin’s block size? Cointelegraph speaks to Roger Ver. Those who have followed the Bitcoin saga from the very beginning know that it’s a mistake in 2019 to only pay attention to the so-called “grandfather cryptocurrency,” as that would mean ignoring Bitcoin’s many relatives (and competitors) that […]
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A network upgrade proposition appeared to boost Ether markets earlier this week as developers respond to demands. Ethereum network participants are attempting to raise the network’s block size as a direct response to network congestion. Gas limit on course to become 10 million per block As various parties including co-founder Vitalik Buterin confirmed this week, […]
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Argo Blockchain, a mining firm publicly traded on the London stock exchange, has installed 1,000 more mining machines. Mining firm Argo Blockchain installs 1,000 more mining machines, financial news outlet ProactiveInvestors reports on Sept. 19. The addition of the new machines would take the company’s total number of miners to 6,000. Furthermore, the firm also […]
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A U.S. judge ruled that Craig Wright must give up half of what he and Dave Kleiman mined together — but how much is that? Since early 2018, Craig Wright, a controversial Australian computer scientist and tech entrepreneur, has been the defendant in a lawsuit filed on behalf of the estate of Dave Kleiman, Wright’s late business […]
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Cryptocurrencies are not a competitor to gold, according to North America COO of Barrick Gold, Catherine Raw. Catherine Raw, the North America COO of the largest gold mining firm in the world, Barrick Gold, said that she does not think cryptocurrencies are competitive with gold, Fortune reported on Sept. 18. Raw made her remarks yesterday […]
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BTCC veteran Bobby Lee claims the Chinese have always thought of Bitcoin as an investment rather than a payment system. Bobby Lee — co-founder and former CEO of China’s first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system. Lee made his remarks during […]
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