Bitcoin Miners 'Highly' Profitable Again, China Still Dominates
6.6.2019
At current prices, the average miner is highly profitable again, with even older gear and high-cost producers currently able to make profit, crypto investment firm CoinShares concluded in its newest report on Bitcoin mining. It also claims that China still dominates both the mining hardware...
Why Bitpay Is Really Charging More for BTC Transactions
6.6.2019
Bitpay has recently been attacked on social media for charging an extra fee for BTC transactions that it doesn’t ask of BCH users. The reality is that the company simply has to cover its operational costs related to the BTC network, whose fees are currently very high again. Also Read: How...
EOS Startup Block.One Is Using Its Billions to Buy Back More Equity
6.6.2019
Block.one is buying back more equity from early investors. Some – but not the most famous ones – made 6,500 percent on the last buyback
Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report
6.6.2019
The current outlook for the crypto market has been downgraded from mildly bullish to uncertain in a new volatility report
This USD 100M Fund Goes Long on Ether, Plans Bitcoin, Filecoin Funds
6.6.2019
Darma Capital, a USD 100 million investment firm, is already looking for investors that believe that Ether, the native token of the Ethereum platform, is poised for a 10-year bull run, Bloomberg reported, citing Andrew Keys, a managing member in Darma.
The firm also aims to create similar funds...
Cumberland Global Head Jason Leung Latest to Leave Crypto Trading Firm
6.6.2019
Jason Leung, global head of DRW's cryptocurrency OTC shop Cumberland, has left the firm – joining two other high-level recent departures
3 Top Executives Depart Online Lending Fintech Startup SoFi
6.6.2019
Three top executives have departed fintech startup, SoFi, known for its online crypto lending services
Kleiner Perkins, Galaxy Invest in EOS Blockchain-Based Gaming Startup
6.6.2019
Galaxy Digital, Kleiner Perkins, and SVK Crypto fund a Twitch-based gaming platform
Exclusive: Microsoft Registers Blockchain and AI Platform for Agriculture in Brazil
6.6.2019
Microsoft has registered a suite of apps using blockchain, IoT and AI to improve agricultural sector efficiency in Brazil
RBI Denies Any Knowledge Of Cryptocurrency Draft Bill
6.6.2019
In a reply given to Blockchain lawyer’s founder, Varun Sethi under the Right to Information (RTI) Act, India’s Central Bank, Reserve Bank of India (RBI) has said that it has no information regarding the cryptocurrency bill being on the anvil. The central bank also said that it doesn’t support...
Ripple and MoneyGram Don't Comment as Acquisition Rumors are Flying
6.6.2019
After a rumor broke out yesterday that Ripple, a California-based crypto start-up focusing on the banking sector, has acquired the major US-based money transfer company MoneyGram, both companies refused to comment. Both have stated that they do not comment on speculations and rumors as a rule,...
SEC Confirms Ethereum As Legal Usable Currency, Terms KIN Token As Securities In A Lawsuit
6.6.2019
The legality of Bitcoin and Ethereum as a legit currency has been under the scanner for a long time. However, speculations were ended on June 5, when the Securities and Exchange Commission (SEC) confirmed Ethereum as a legal tender and usable foreign currency. In a lawsuit against Kik’s (KIN)...