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Bitcoin Mining Firm Layer1 Accused of Copyright Infringement
17.8.2020
Layer1 — a Bitcoin mining firm backed by PayPal co-founder Peter Thiel — was accused of copyright infringement
US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case
16.8.2020
The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon...
Law Firm Sees Crypto Investors Flocking to St. Kitts & Nevis for Dual Citizenship
15.8.2020
This week news.Bitcoin.com spoke with Jennifer Harding Marlin from the St. Kitts & Nevis islands law firm JH Marlin. The business specializes in all types of law practice and citizenship by Investment (immigration) is very popular. Marlin explained that recently, the company is getting...
Bitcoin and Tesla: America’s Most Loved Assets on Tradingview
15.8.2020
Tradingview said Friday that bitcoin and Tesla, the electric car maker and clean energy firm, are America’s most viewed assets on the charting platform. Bitcoin (BTC) has climbed over 60% year-to-date, with the price reaching $11,900 at Press time. The rise has drawn in thousands of...
PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement
15.8.2020
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent
Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M
15.8.2020
One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million....
Ripple CEO Hits Out at Reports Claiming Firm Is Pivoting From Interbank Payments
14.8.2020
The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying the XRP creator plans to move away from interbank payments
Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving
13.8.2020
Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black
Japan’s Top HR Firm Is Working on a Blockchain-Based Recruitment App
13.8.2020
Your next job might hire you using the Blockchain
Crypto VC Firm Assesses the ‘State of Blockchain Governance’
13.8.2020
Greenfield One, an early-stage venture capital firm, just published a comprehensive new resource on the topic of blockchain governance
World's Largest Utility Firm to Debut Blockchain-powered Digital ID Platform
13.8.2020
A local branch of the State Grid Corporation of China (SGCC) – the nation’s electricity monopoly and the biggest utilities firm in the world – said that it has developed a blockchain technology-powered digital identity authentication system.
Per Shupeidian, the Anhui Province branch of the SGCC...
Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials
12.8.2020
The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous peak of just under 60% was reached earlier on in the second quarter of 2020. Skew said the rising correlation supports the idea that bitcoin (BTC)...
$4.6 Billion Under Management: Grayscale Purchased Over $100M Worth of Bitcoins Last Week
12.8.2020
This week cryptocurrency proponents discussed the firm Grayscale Investments, as the firm purchased 9,702 bitcoins (over $110 million) in the past five days. The news follows Grayscale informing the U.S. Securities and Exchange Commission (SEC) that the Bitcoin Trust (GBTC) grew over $1.6 billion...
Blockchain Firm Says Banks Need DLT to Manage Identities Better
12.8.2020
Blockchain firm HashCash plans to create a federated and sovereign digital identity architecture to be used in banking processes
World’s Biggest Business Intelligence Firm Buys 21K BTC for $250M
11.8.2020
MicroStrategy confirms it has made Bitcoin its primary treasury reserve asset as institutional uptake takes a dramatic bullish step forward
Messaging Firm LINE Makes Own Token Available to Japanese Traders for First Time
10.8.2020
The blockchain subsidiary of the messaging app giant has made its LINK (LN) token available to Japan-based traders for the first time
Real Estate Blockchain Firm Ubitquity to Build Tokenized Title Platform
8.8.2020
Real estate blockchain platform developer Ubitquity partners with Rainier Title to build a tokenized title application
Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North America
8.8.2020
On August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions worldwide. According to the statistics, North America purchases and holds more bitcoin than any other region. Bitcoin also accounts for the largest share of U.S....
Reports Claim UK’s Financial Conduct Authority ‘Pressurized’ to Remove Onecoin Scam Warning
8.8.2020
A recent episode of the popular BBC Sounds podcast the “Missing Cryptoqueen” has shown the public a very interesting view of the powerful Onecoin Ponzi. According to two witnesses the BBC interviewed, a London law firm and a reputation management company allegedly managed to get...
Japan’s New FSA Chief Stands Firm on Crypto Regulation, Calls for Push on Digital Yen
7.8.2020
The incoming commissioner of the Financial Services Agency has said the regulator will not soften rules on cryptos