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Watch How Bitcoin Miners in Sichuan Are Being Flooded


Source: Twitter, @redtheminer A life-threatening disaster hit Aba prefecture in Sichuan, China, causing enormous damages. The four-days-long heavy rainfall produced raging floods and massive mudslides which directly impacted miners in the “Bitcoin mining capital”, as Sichuan is called. Two videos...

Ether’s Bull Run from December Lows Appears to Have Ended


Ethereum’s cryptocurrency, ether, is losing altitude, with signs suggesting the asset has ended a bull market from December lows with a drop below $200 last week. The second-largest cryptocurrency by market capitalization is currently trading at $183 on Bitfinex, representing a 7.3 percent drop...

Ethereum Classic is the Only Green Spot as BTC Dives Below USD 10K


While nearly all the coins in the top 100 in terms of market capitalization are in red today, Ethereum Classic (ETC) remained the only green spot among the top 20 largest tokens on Wednesday. Its 24-hour gains fluctuated from 12% to less than 1% and still might turn red as bitcoin price dropped...

'Untrusted' Crypto Exchanges Increased Their Market Share in 2019


Even though top-ranked exchanges have increased their market share in July, lower-ranked, 'untrusted' exchanges have increased their dominance this year even further, according to CryptoCompare, a provider of the crypto market data. Based on CryptoCompare’s Exchange Benchmark grading, those...

Is Blockchain Speed & Capacity a Problem? Vitalik says Yes, CZ says No


There was a disagreement over two vital blockchain-related points earlier today between two major figures in the crypto and blockchain world. The issues: speed and capacity of existing blockchains. The figures: CEO of Binance, Changpeng Zhao (CZ), and co-founder of Ethereum, Vitalik Buterin. The...

Cryptoland Pioneer Teases a New Digital Currency, Praxxis


David Chaum. Source: a video screenshot, Youtube, Praxxis David Chaum, American computer scientist and pioneer in cryptography, has announced a new digital currency – Praxxis. Chaum, who founded the first digital currency Ecash (which went bankrupt in the late 1990s), announced the new “high...

Bitcoin and Altcoins Retreating From Recent Highs


Yesterday, we saw a decent upward move in bitcoin price above the USD 10,750 resistance. However, BTC/USD struggled to continue above the USD 10,900 and USD 11,000 resistance levels. As a result, there was a fresh decrease and the price declined sharply below the USD 10,650 and USD 10,500 support...

Pundi X Strikes Deal in Venezuela, Mobile Operator Embraces Crypto Pay


Another two announcements just showed how crypto adoption is growing. This time, the news came from Austria and Venezuela. One of Austria’s biggest mobile network operators, A1, is to accept in-store payments in six popular cryptocurrencies including Bitcoin at selected stores – with a view...

EU Adds Another Hurdle For Facebook's Libra


It is shaping up to be a busy year for social media giant Facebook – with EU antitrust regulators looking to grill the social network’s partners about the forthcoming Libra project. Bloomberg says that it has “seen a document” that outlines how the European Commission (the EU’s executive body)...

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