Bitcoin breaks the $10,000 mark after multi-month rebound. Bitcoin (BTC) has continued its steady rally in price over the past three months to break $10,000 today for the first time in over a year, according to Coin360. – Market visualization courtesy of Coin360 Bitcoin broke the $10,000 mark today after trading in the $3,000-$4,000 range for […]
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The essential metric for bitcoin network security reached more than 65 trillion hashes per second on Wednesday this week. The Bitcoin (BTC) hash rate – the total computing power of the bitcoin network – reached new all-time highs this week, data from monitoring resource Blockchain.com confirmed on June 19. As the Bitcoin price set a […]
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Automotive giant Wanxiang partners with blockchain firm PlatON to handle data for new smart city in China. Automotive giant China Wanxiang Holding Co., Ltd has partnered with blockchain-based tech firm PlatOn to develop a “smart city” in Hangzhou, according to a report by CryptoNinjas on June 20. According to the report, the smart city—dubbed “Innova […]
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Summary of the first reactions on Facebook’s Libra. Facebook has released its much anticipated white paper for the cryptocurrency Libra. The initial reviews of the highly secretive mega-project are mixed, to say the least. Before taking a look at responses across the cryptosphere, let’s have a quick recap of the Facebook proposal. The Libra coin […]
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sponsored A Nasdaq-listed company says it is offering a blockchain-enabled alternative to “centralized authorities that perpetuate ad fraud, waste and abuse.” A Nasdaq-listed company says it is creating a blockchain-enabled platform designed to decentralize data and empower consumers — all while giving brands an alternative to Facebook and Google in the quest to reach the […]
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Jerome Powell has said that he recognizes both potential benefits and risks to Facebook’s recently-unveiled Libra project. Jerome Powell, the head of the United States Federal Reserve, has said that he recognizes both potential benefits and risks to Facebook’s recently-unveiled Libra cryptocurrency project . Powell made his remarks during a press conference broadcast on PBS […]
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Austria’s Graz to use DLT-enabled energy trading platform by Power Ledger in move toward zero-carbon energy. Blockchain-based energy trading firm Power Ledger will roll out its peer-to-peer (P2P) network in Graz, the second-largest city in Austria, according to an announcement on June 18. The Australia-based company has partnered with E-NEXT, an innovation arm of major […]
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A blockchain/AI platform for insurance claims by BlockClaim has received about $627,000 in seed funding. Insurance tech firm BlockClaim has recently received £500,000 ($627,000) in funding for its blockchain-based claims solution, according to an official blog post on June 17. The firm raised the funds from venture capital firm Amadeus Capital Partners and software firm […]
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In the wake of CCN’s Google saga, CT looks at which centralized companies have been hostile to crypto firms in the past. On June 10, one of the top cryptocurrency media sites, CCN, initially announced that it would shut down, citing a June 3 Google Core Update for stifling its traffic. Writing on the website, […]
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Bitcoin is reportedly producing as much carbon emissions as Kansas City, while Facebook gets some new backers for its crypto project. Top Stories This Week CCN casts doubt on shutdown plans as Google appears to correct visibility Cryptocurrency news outlet CCN (formerly CryptoCoinsNews) is apparently not going through with its total shutdown, as reported earlier […]
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