According to the research, the creation of competing altcoins is likely to place downward pressure on the prices of all cryptocurrencies. The creation of competing altcoins is likely to place downward pressure on the prices of all cryptocurrencies, including Bitcoin (BTC). This conclusion was found by research conducted by the Federal Reserve Bank of St. […]
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The number of active Bitcoin wallets, many of which have long been dormant, has seen an uptick that could herald some major market movements, analysts claim. The number of active Bitcoin (BTC) wallets, many of which have long been dormant, has seen an uptick that could herald some major market movements, Bloomberg reports Jan. 11. […]
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French grassroots political movement is planning a bank run on Jan. 12. On Jan. 7, activists of the French grassroots political movement the Gilets Jaunes — Yellow Vests — announced a bank run via social media, essentially hoping to meet their goals by destabilizing the local financial system. Dubbed the “Collectors’ Referendum,” the movement’s latest […]
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China has introduced new guidelines seeking to eliminate anonymity in blockchain networks. The Cyberspace Administration of China (CAC) has introduced new regulations for blockchain firms that are operating in the country. The announcement was published on the regulator’s website on Thursday, Jan. 10. According to the CAC, the guidelines, which will come into force on […]
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A successful 51 percent attack on the Ethereum Classic blockchain has raised some big questions around smaller cryptocurrencies using proof-of-work algorithms. Just two weeks into the new year and the cryptocurrency community is grappling with the reality of an alleged “51 percent attack” on the Ethereum Classic (ETC) blockchain. While there is still no clear […]
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Anonymous people familiar with the plans told local mainstream media that Bitmain’s product engineering head will replace the duo. Chinese Bitcoin mining giant Bitmain’s co-founders Jihan Wu and Micree Zhan Ketuan will quit their posts as co-CEOs but still steer the company’s important decisions. Hong Kong-based English-language news outlet South China Morning Post reported the […]
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Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack did in fact occur on the Ethereum Classic blockchain. Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack successfully occurred on the Ethereum Classic (ETC) blockchain. The company published an analysis of their findings Jan. 8. […]
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The U.S. Department of Energy announced $4.8 million in funding for university research that includes blockchain. The Department of Energy (DOE) of the United States has announced $4.8 million in funding for university research of technologies including blockchain, according to an announcement published Jan. 7. The funding has been announced by the department’s office of […]
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Blockchain will boost the health industry by integrating patient data and widening medical research. People are living longer in the 21st Century, but what’s less recognized is that, despite our increasing longevity, we’re also getting sicker. According to research, the number of people over 65 afflicted with at least four medical conditions is on course […]
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Switzerland-based crypto exchange ShapeShift has laid off 37 of its employees, reducing the size of its team by a third. Switzerland-based cryptocurrency exchange ShapeShift has laid off a third of its team, the exchange’s CEO Erik Voorhees announced in a tweet today, Jan. 8. According to a company blog post accompanying the Twitter announcement — […]
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