Blockchain projects are developing video conferencing applications as remote working gains more popularity during the ongoing COVID-19 pandemic. With the coronavirus pandemic forcing many businesses to adopt work-from-home policies, the demand for video conferencing programs appears to have increased. Indeed, by late April, video conference app Zoom was seeing 300 million daily meeting participants, a […]
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The immutability of blockchain ledgers and smart contracts have a “dark side,” argues UPenn professor Kevin Warbach. Blockchain technology crystallizes the rise of “algorithmic power” that today presents a major challenge to traditional forms of sovereignty, legal authority and state-led governance. So goes the argument in a new post for the Oxford University Faculty of […]
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World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC. World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining application-specific integrated circuit (ASIC). According to a June 1 announcement, Bitmain’s new Antminer T19 features a SHA256 hash rate of 84 terahash/second with a 3% error margin and a power […]
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Crypto miners based in the United States will greatly benefit from the falling electricity prices worldwide, says Andreas Antonopoulos. Bitcoin educator Andreas Antonopoulos sees the recent downturn in oil prices as a net positive for crypto miners worldwide, particularly those at the Bitmain mining facility in Texas. In a video he posted to his YouTube […]
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The crypto industry has the best historical moment to change the discourse about crypto and its reputation into a successful innovative tech sector. Blockchains reached a feverish level of hype following the ICO mania of 2017. Peddled as the panacea to the world’s ills, many of such promises ill-intentioned, initial coin offerings raised enormous sums […]
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Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia. In a recent response to a Right to Information query, the Reserve Bank of India, the Indian central bank, has stated that there is no prohibition on banks to provide bank accounts to cryptocurrency […]
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Former chief of Russian Post local branch is arrested on suspicion of running a crypto mining farm inside the office for almost six months. The Russian Police launched a criminal investigation against a former Russia’s regional post office chief, who managed to mine cryptocurrencies through the office’s network in a town of Mineralnye Vody located […]
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Amid this current crisis, the Bitcoin halving highlights core differences between fiat and crypto monetary systems and the distribution of power in both. One of the core narratives of Bitcoin (BTC) since inception is the oft-stated goal of separating money and state. While this has certainly been a powerful creed in the currency’s early adoption […]
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The more that government stimulus protects the economic pillars, the more it will support the liquidity inflows to Bitcoin and other cryptocurrencies. In the past three decades, the world has been witness to three extraordinary “black swan” events that served as structural crossroads for both societies and economies: the 9/11 terror attacks, the 2008 global […]
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The head of Ripple SBI Asia asserts that hashpower is migrating from east to west, however, notes that significant tensions remain between Chinese and U.S. mining firms. Speaking to Cointelegraph, the CEO of Ripple SBI Asia, Adam Traidman, predicted that the mining industry will continue to see hash rate migrate from east to west, asserting […]
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