The Texas State Securities Board issued an emergency order against a crypto mining firm that allegedly made fraudulent COVID-19 charity claims. The Texas securities regulator has continued its crackdown on cryptocurrency scams, spotting an alleged fraudulent crypto firm that made fake claims about COVID-19 donations. On April 8, the Texas State Securities Board (TSSB) issued […]
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The CARES Act shed light on the possibility of a digital dollar. Meanwhile, a blockchain-based solution is also being explored. Will one of them launch soon? The coronavirus pandemic is the biggest global crisis since the events that sparked the creation of Bitcoin (BTC) in 2008, and is one that will also have long-lasting effects […]
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Amid Zoom security failures, VoIP pioneer Jeff Pulver explains how blockchain-based communication networks ensure that calls remain private. As people around the world started following shelter-in-place orders, popular video conferencing platform Zoom quickly gained new users, noting in a recent blog post that it had reached more than 200 million daily users last month, up […]
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CasperLabs, the firm tasked with developing Ethereum’s implementation of proof-of-stake, decided to launch its own blockchain. CasperLabs, the firm tasked with developing Ethereum’s implementation of Proof-of-Stake (PoS), has decided to launch its own blockchain. According to a recent announcement, CasperLabs plans to launch its own PoS blockchain in collaboration with Singapore-based crypto exchange BitMax. BitMax […]
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Developer 1st Playable has denied rumors its Cookstar game was used to hijack Nintendo’s Switch console to mine Bitcoin. Developer 1st Playable has denied rumors one of their games was used to hijack Nintendo’s Switch console to mine Bitcoin and other cryptocurrencies. While the recent Nintendo release, Cooking Mama: Cookstar, is connected to blockchain technology […]
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Crypto expert Bobby Lee said Bitcoin could hit $10,000 by May, and $25,000 by December. Crypto exchange founder, Ballet crypto wallet company CEO and founder, and member of the Bitcoin foundation’s board of directors, Bobby Lee, sees soaring prices in Bitcoin’s (BTC) future. Lee said he expects Bitcoin to hit $10,000 by its block reward […]
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Canadian miner Bitfarms is temporarily reducing staff to help mitigate the spread of COVID-19 and weather the economic crisis. Publicly-listed Canadian mining and blockchain infrastructure firm Bitfarms is temporarily reducing staff, citing the economic and social toll of the COVID-19 pandemic. In an update published on April 6, the company revealed it had succeeded in […]
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Coronavirus will subside but give governments carte blanche to control money and people who have no choice but to use it, warns Simon Dixon. Bitcoin (BTC) will be the only exit from the “global reset” of finance which will allow central banks to even destroy the banking system itself. That was just one conclusion from […]
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Many major cryptocurrencies are breaking out of their critical overhead resistance levels and it seems the uptrend is likely to continue for the next few days. During a crisis, the first thing panic-stricken investors do is to sell almost every asset class they perceive is likely to go down. However, after the panic settles down, […]
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Hash rate recovers 10% since BTC/USD fell to $3,700, once more proving that Bitcoin takes care of itself when it comes to security and stability. Bitcoin (BTC) did not need a multi-trillion dollar rescue package to continue functioning after crashing 60% in hours. That was the conclusion from analyzing the latest blockchain data, which showed […]
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