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As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return
22.6.2021
While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools have seen hashpower percentages decline...
Iran Seizes 7,000 Bitcoin Mining Machines
22.6.2021
Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an abandoned factory west of the capital. 7,000 cryptocurrency mining machines have been seized by Iranian authorities, state news agency IRNA reported Tuesday, noting...
Using Custom Elements in Svelte
22.6.2021
Svelte fully supports custom elements (e.g. <my-component>) without any custom configuration or wrapper components and has a perfect score on Custom Elements Everywhere. However, there are still a few quirks you need to watch out for, especially around …
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If we’re gonna criticize utility-class frameworks, let’s be fair about it
22.6.2021
I’m not here to raise a shield protecting CSS utility frameworks. I don’t even particularly like the approach, myself, and nothing is above fair criticism. But fair is a key word there. I can’t tell you how many times I’ve …
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Crypto Bears Claw Markets Lower, Bitcoin Price Drops Below $30K, Analysts Still Optimistic
22.6.2021
The price of bitcoin dropped to a new low in 2021, hitting $28,600 per unit Tuesday morning (EST). BTC has shed more than 10% in value over the last 24 hours and its market capitalization is now less than $600 billion. Bitcoin Price Plunges Below $29K Cryptocurrency markets have seen better days...
Bit Mining Moving 3,000 Bitcoin Mining Machines to Kazakhstan Following China Crackdown
22.6.2021
Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin mining operations in the country. Bit Mining Ltd., a mining company based in Shenzhen, announced Monday that “it had successfully delivered its first batch...
Hedgeye: This Model Predicts Bitcoin at $1,000,000
22.6.2021
Analysts at Hedgeye Risk Management, an investment research and financial media company based in Stamford, Connecticut, have analyzed the Bitcoin stock-to-flow argument. This framework suggests Bitcoin’s price potentially reaching $1 million by the latter half of 2020s, and as much as...
Portugal Begins Approving Cryptocurrency Exchanges — Two Licensed So Far
22.6.2021
Portugal now has two approved cryptocurrency exchanges. The country’s central bank, the Banco de Portugal, has licensed Mind the Coin and Criptoloja. In Portugal, the central bank is responsible for registering entities that intend to act as virtual asset service providers (VASPs). The bank...
Sotheby’s Auctioning Rare Diamond Worth $15 Million, Cryptocurrencies Accepted
22.6.2021
Sotheby’s, the world’s largest auction house, is auctioning a rare, 101.38-carat flawless diamond estimated to be worth $15 million, and cryptocurrencies are accepted. Biggest Auction House Accepts Cryptocurrencies Sotheby’s announced Monday that it is auctioning a rare...
Nicolas Maduro States Venezuela Pioneered Crypto Adoption in South America as Petro Use Flounders
22.6.2021
President Nicolas Maduro stated that Venezuela was a pioneer in cryptocurrency adoption in Latam in an interview with Bloomberg last week. Venezuela is still one of the first cryptocurrency volume movers in South America. However, the petro token, its official cryptocurrency, has failed to pick...
Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade
22.6.2021
According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401...
Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
22.6.2021
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s...
Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns
22.6.2021
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks. Jim Cramer Worried About China’s Mining Crackdown and Ransomware, Sold Almost All His Bitcoin...
Financial Advisor Ric Edelman Sees ‘Tremendous Investment Opportunities’ in Bitcoin
21.6.2021
Financial advisor Ric Edelman, founder of Edelman Financial Engines and RIA Digital Assets Council, has recommended having bitcoin in investment portfolios despite the cryptocurrency’s volatility. “This is totally new and different and it’s the first genuinely new asset class...
Are we in a new era of web design? What do we call it?
21.6.2021
Una is calling it the new responsive. A nod to the era we were most certainly in, the era of responsive design. Where responsive design was fluid grids, flexible media, and media queries, the new responsive is those things …
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Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’
21.6.2021
The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now. According to a regional report, government sources say more than $70 billion moved through the country over past years while regulations were...
400+ Miners Seized in Venezuela Due to Lack of Permits
21.6.2021
Authorities seized more than 400 Bitcoin miners in Venezuela this weekend in two major confiscations. Local reports indicate military personnel seized 332 miners from a transport truck. In another procedure, authorities seized 72 miners hidden in a house. These activities resulted in...
Microstrategy Buys $489M Worth of Bitcoin — Company Now Holds More Than 100,000 BTC
21.6.2021
The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a purchase price of approximately $489 million in cash. The company’s CEO Michael Saylor revealed the latest purchase on Twitter, and the firm now has more...
How to Create CSS Charts With Interesting Shapes, Glyphs and Emoji
21.6.2021
Let’s forego the usual circles and bars we typically see used in charts for more eccentric shapes. With online presentations more and more common today, a quick way to spruce up your web slides and make them stand out is …
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The US Government Is Auctioning $377K Worth of Bitcoin and Litecoin
21.6.2021
The U.S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5 p.m. on Monday, with the possibility of an extended closing time. The government auction house is selling the digital assets in 11 lots and so far, the lots have...