Chinese Mining Giant Bitmain’s New Firmware Update Reignites AsicBoost Controversy

Major Bitcoin mining company Bitmain releases new firmware days after compatibility warnings from competitor Slush Pool. Chinese cryptocurrency mining giant Bitmain confirmed it would roll out a firmware update for so-called ‘Overt AsicBoost’ to all its Antminer models in a blog post Monday, Oct. 22. Bitmain, which holds a monopoly on Bitcoin mining through its […]

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Russia: New Version of Crypto Bill Will Let Privately Held Firms ‘Digitize’ Shares

Russian draft bill on “digital financial assets” now includes tokenization of equity for privately held businesses. The long-awaited Russian draft bill on cryptocurrency and blockchain regulation will let privately held businesses and legal entities “digitize” their shares and store them via blockchain, local media outlet Vedomosti reported Oct. 21. As per the new edition of […]

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Heads of Bitmain, Binance and Other Crypto-Related Businessmen Among China’s Richest

Blockchain’s richest are becoming regular features in world-renowned wealth reports. The rise of blockchain technology and cryptocurrencies have made many people rich, but the world’s smartest entrepreneurs in the space are beginning to make waves among the world’s richest conventional business minds. The Hurun Research Institute released its annual China Rich List on October 10. […]

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Report: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen

Hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in cryptocurrencies since early 2017, a recent report reveals. Hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in cryptocurrencies since early 2017, a study conducted by cybercrime company Group-IB reveals. Key takeaways from the study […]

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