The Chinese central bank released on its website an infographic illustrating what is Bitcoin, how it works, and why it is valuable. The Chinese central bank released on its website an infographic illustrating what is Bitcoin (BTC), how it works and why it’s valuable on July 26. A brief story: from Bitcoin to Libra The […]
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Morgan Creek Digital Assets co-founder Anthony Pompliano says the European Central Bank’s expected dovish turn will be “rocket fuel” for Bitcoin price. Morgan Creek Digital Assets co-founder Anthony Pompliano says the European Central Bank (ECB)’s expected dovish turn will be “rocket fuel” for Bitcoin. In a tweet posted on July 26, Pompliano commented on a […]
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Cryptocurrency ransomware, botnets and backdoors seem to have replaced cryptocurrency mining malware as the tool of choice for cybercriminals. Cryptocurrency ransomware, botnets and backdoors seem to have replaced cryptocurrency mining malware as the tool of choice for cybercriminals, according to a recent report from computer security firm Skybox Security. In its report dubbed “2019 Vulnerability […]
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Norway’s Kjos family, co-founders of Norwegian Air, plans to add crypto payments once it launches its own exchange in August. Bitcoin (BTC) payments should be coming to Norway’s low-cost airline Norwegian Air this year, after its co-founders set a date for opening their own cryptocurrency exchange. According to local finance newspaper Dagens Næringsliv, the Kjos […]
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The block size debate is among the most contentious discourse in Bitcoin, having spawned numerous community rifts and contested proposals. Why did Bitcoin fork and split? The inability of the community to find consensus regarding a proposal to increase the block size resulted in a user-activated hard fork of the Bitcoin blockchain in August 2017. […]
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Bitcoin has been legally recognized as virtual property by a Chinese court not the country, though… Last week, Bitcoin (BTC) was legally recognized by a Chinese court, whereby it was concluded that the cryptocurrency should now be considered as digital property. The decision that the Hangzhou Internet Court made in a ruling was met with […]
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The International Energy Agency says Bitcoin mining is likely responsible for 10‑20 Mt CO2 per year. According to a report released on July 23 by the International Energy Agency Bitcoin (BTC) mining is likely responsible for 10‑20 Metric tons (Mt) of carbon dioxide (CO2) per year or 0.03-0.06% of global energy-related carbon dioxide emissions. Bitcoin […]
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Bitcoin was freely crossing the $10,000 mark Tuesday after losing another 6% in daily trading. Bitcoin (BTC) price slid back under $10,000 July 23 after a period of sideways action broke down to send the largest cryptocurrency back to four figures. Market visualization. Source: Coin360 Bitcoin price swirls around five figure mark Data from Coin360 […]
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The Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country. The Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country, according to an announcement by the Iran Chamber of Commerce, Industries, Mines and Agriculture on July 22. Iran’s Economic Commission approves crypto mining ‘mechanism’ Governor […]
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The new level of nearly 80 tera hashes per second is unprecedented in Bitcoin’s history, and follows repeated records. Bitcoin (BTC) now has more computing power behind its security than ever before, passing another milestone as hash rate reaches an all-time high. Data from monitoring resource Blockchain confirmed that the Bitcoin network’s total hash rate […]
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