mining Archives - Page 70 of 193

Crypto Fund Manager Sued Over Alleged Fraud and Deception

April 28, 2020cashtechnews

A cryptocurrency investment management company allegedly lured investors into a fraudulent fund, using the capital for personal gain, according to new complaint. Internet tech support and consulting player KDH Consulting Group recently filed an official complaint against crypto investment management firm Iterative Capital Management for alleged fraud and misdirection. Accusations include “fraud and breach of fiduciary […]

Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining

April 28, 2020cashtechnews

Chinese officials from the Yaan municipality released a statement on the use of the local hydropower-derived electricity for cryptocurrency mining operations. Chinese officials from the city of Ya’an in Sichuan have come out in support of using locally produced hydropower for cryptocurrency mining operations. On April 20 the Municipal Economic and Information Bureau and the […]

Eco-Friendly Crypto Mining Is the Future as Green Solutions Gain Steam

April 28, 2020cashtechnews

Cryptocurrency mining operations could move to alternative energy solutions to maintain and boost profitability in the next five years. Over the last decade, cryptocurrency mining has been given a bad rap for the sheer amount of electricity required to power the industry. Back in 2017, it was pointed out that the collective power consumption of […]

Bitmain-Backed Platform Matrixport Enables Users to Buy Crypto With Credit Cards

April 28, 2020cashtechnews

Matrixport’s platform now allows users to buy crypto currencies directly through Visa and Mastercard. Bitmain-affiliated financial service platform Matrixport has teamed up with Simplex, an EU-licensed payments processing firm, to allow users to purchase select cryptocurrencies using their credit and debit cards. Matrixport users can buy seven cryptocurrencies with most popular fiat currencies As part […]

New Stock-to-Flow Forecast Puts Average Bitcoin Price at $288K by 2024

April 28, 2020cashtechnews

Introducing his latest revamp of the popular price model, analyst PlanB adds gold and silver and almost trebles his previous forecast. The latest version of a popular and thus far accurate Bitcoin (BTC) price model predicts an average price of $288,000 — and it could happen this year. In a blog post introducing the third […]

Bitcoin Whale Suggests BTC Price Will Crash — Halving Is Priced in

April 28, 2020cashtechnews

A major Bitcoin whale has implied that the upcoming halving is already priced in and BTC price can crash after the reward reduction. The third Bitcoin (BTC) block reward halving is set to occur in 14 days and this event is usually preceded by a powerful rally that many have long forecast would bring the […]

Japanese Financial Giant SBI and SMFG to Partner for Digital Banking

April 27, 2020cashtechnews

Sumitomo Mitsui Financial Group, Japan’s 2nd-largest lender by assets, will sign an agreement with SBI Holdings for new smartphone services. The second largest bank in Japan will sign a deal with SBI Holdings to offer digital banking services available on smartphones. According to an April 27 article in the Nikkei newspaper, the Sumitomo Mitsui Financial […]

The Incognito Project Will Give Ethereum DeFi Monero-Like Privacy

April 27, 2020cashtechnews

The Incognito privacy project is an interoperable chain that will let you privately use DeFi platforms without ever touching Ethereum itself. Incognito is a new privacy and interoperability project that seeks to anonymize the tokens of every other blockchain. As part of that goal, it is launching private versions of leading Ethereum (ETH) decentralized finance […]

Tron DApps Arrive on the Samsung App Store

April 27, 2020cashtechnews

Tron is extending its ecosystem partnership with Samsung Blockchain as a new section featuring some blockchain games will be offered on its mobile devices. The Tron (TRX) project announced on April 27 that apps built on its blockchain will be featured in the Samsung Galaxy Store. Owners of Samsung smartphones in specific countries will see […]

Bitmain Calls Ex Co-Founder’s Claims of Holding 36% Equity Baseless

April 27, 2020cashtechnews

Bitmain releases a public statement saying that co-founder Zhan’s claims of owning a 36% stake in Fujian Zhanhua are baseless. The world’s largest cryptocurrency mining rig producer Bitmain released a statement on April 27 condemning deposed co-founder Micree Ketuan Zhan’s attempts to regain control over Fujian Zhanhua Intelligence Technology Co. Ltd. In an email on […]

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Tag: mining

Crypto Fund Manager Sued Over Alleged Fraud and Deception

Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining

Eco-Friendly Crypto Mining Is the Future as Green Solutions Gain Steam

Bitmain-Backed Platform Matrixport Enables Users to Buy Crypto With Credit Cards

New Stock-to-Flow Forecast Puts Average Bitcoin Price at $288K by 2024

Bitcoin Whale Suggests BTC Price Will Crash — Halving Is Priced in

Japanese Financial Giant SBI and SMFG to Partner for Digital Banking

The Incognito Project Will Give Ethereum DeFi Monero-Like Privacy

Tron DApps Arrive on the Samsung App Store

Bitmain Calls Ex Co-Founder’s Claims of Holding 36% Equity Baseless

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