The upcoming Bitcoin halving remains a major topic within the industry. What can we learn from past experience to be ready for it? There appears to be increasing anxiety in cryptocurrency markets after the prices of Bitcoin (BTC) failed to maintain above the psychological $10,000 level in February. The disappointment came less than three months […]
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In an ongoing lawsuit, Genesis Mining has claimed that Digital Capital failed to deliver functional software in a failed partnership between the firms. Two firms in the cryptocurrency space are at legal loggerheads regarding millions of dollars in purportedly unpaid invoices. On September 30, 2019, the London-based payments company Digital Capital sued Genesis Mining over […]
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Real estate marketplace Red Swan has partnered with security token firm Polymath to tokenize $2.2 billion in assets including apartments and a hemp farm. Texas-based Commercial Real Estate (CRE) marketplace Red Swan has tokenized $2.2 billion worth of real estate assets in partnership with security tokenization firm Polymath. Red Swan said it has 30,000 accredited […]
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Crypto analyst Alex de Vries has claimed that carbon footprint of Bitcoin mining is on par with New Zealand, with the network’s power consumption equaling that of Chile. Alex de Vries, the founder of the Digiconomist, has given a damning assessment of the electricity consumed by Bitcoin (BTC) mining in an interview with British media […]
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Shortly after commencing mining, the CEO of US-based mining company Layer1 has stated that texas offers bitcoin miners the “cheapest power in the world” at scale. Alex Liegl, CEO of Layer1 Technologies, a US-based Bitcoin (BTC) mining company that recently announced its intention to repatriate 30% of Bitcoin’s hash power by 2022, has described Texas […]
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Belgium’s Financial Services and Markets Authority has updated its blacklist of cryptocurrency-related websites associated with fraudulent activity. Belgium’s Financial Services and Markets Authority (FSMA) has updated its blacklist of cryptocurrency-related websites associated with fraudulent activity. The FSMA made the update following a number of complaints from Belgium-based users who dealt with fraudulent offers of investment […]
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New Bitcoin mining outfit Layer1 aims to repatriate 30% bitcoin hash rate back to the USA. Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate. Layer1, which raised $50 million in November from Thiel, Shasta Ventures and Digital Currency Group, […]
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Canaan, the world’s second-largest Bitcoin mining hardware manufacturer, and blockchain infrastructure firm Northern Data AG have signed a strategic partnership. Two major players in the global blockchain industry have signed a strategic partnership to pool together their technological and operational achievements. According to a Feb. 19 press release, Canaan Creative, the world’s second-largest Bitcoin (BTC) […]
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Financial services giant SBI Holdings’s subsidiary is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc. A subsidiary of Japanese financial services giant SBI Holdings is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc. The partnership was revealed in a […]
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Hackers compromised five United States law firms this week, demanding two $933,000 ransoms for restoring and not publishing data. Hackers compromised five United States law firms and demanded two 100 Bitcoin (BTC) (over $933,000 at press time) ransoms from each firm: one to restore access to the data, one to delete their copy instead of […]
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