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Bitcoin Mining Profitability to Rise 35% While Ousted Chinese Miners Face Delays Relocating
4.7.2021
Analysts are predicting a rise in Bitcoin mining profitability of about 35% during the short term. This would be the effect of the bitcoin mining crackdown in China. Since the crackdown happened, a significant portion of hashrate stemming from the Bitcoin network disappeared. Ousted miners...
FinCEN Names Misuse of Cryptocurrencies a National Priority
4.7.2021
The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency considerations” a national priority. In particular, the Treasury is concerned about the “misuse of virtual assets that exploits and undermines their...
Sonic Smut Is Flooding Trump’s New Social Network
4.7.2021
Nary a month after the dramatic implosion of former president (and current Twitter refugee) Donald Trump’s attempted blogging career, the septuagenarian authoritarian’s “team” of grifting enablers has launched its latest attempt at a social network for folks who are just too darn patriotic...
Bitcoin Blocks Will Soon Be 27% Easier to Find — Miners Brace for the Largest Difficulty Drop in BTC’s Lifetime
3.7.2021
Bitcoin, the leading crypto asset in terms of market capitalization, has seen the cryptocurrency’s network hashrate drop considerably during the last two weeks. On Saturday, July 3, the network’s mining difficulty will see the largest epoch drop in history as the difficulty is set...
RIP Netflix On Nintendo Consoles
2.7.2021
On June 30, Nintendo quietly pulled the plug on the Wii U and 3DS Netflix apps. Not only does this mean anybody still using these older consoles to watch Netflix are now screwed, but it also officially means that in the year 2021 there is no way to watch Netflix on a Nintendo device. This would...
FTX to Give Crypto Pricing to Pyth for Integrating into the Network
2.7.2021
As per the recent update, FTX Trading has revealed the latest development about their cryptocurrency price publishing on Pyth Network. Pyth is a data distribution platform and DeFi market designed to fetch real-world data on a sub-second timescale. Pyth enables data providers such as FTX to publish...
YOLOrekt Launches on Polygon Network to Earn YOLO Rewards and Game Fees
2.7.2021
While the cryptocurrency sector tries to stabilize, ventures like Polygon keeps the industry afloat. Now the network has joined hands with YOLOrekt, the esteemed prediction platform for stocks, cryptos, etc. The integration will allow gamers to gain in-game liquidity, earning YOLO rewards and game...
Polygon Network Initiates Blind Boxes Launch as Part of Its Product Update
1.7.2021
July is set to witness a Layer-2 scaling that would include the initiation of Blind Boxes providing support to Polygon. The vision of the collaboration is to aid the non-fungible tokens or NFTs through a robust decentralized computing and software ecosystem. Ever since the March IDO, the measured...
Xbox Cloud Gaming Is The Future, But It’s Not There Yet
30.6.2021
When talking about the future of gaming, it’s common to hear about “teraflops” and other technical lingo. Well, how’s this for the future? Now, you don’t even need an Xbox to play Xbox games, thanks to recently beefed-up capacity for Xbox Cloud Gaming.Read more
Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’
30.6.2021
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.”...
Saito & Elrond Network Partner to Power Web Apps and Games
30.6.2021
Elrond network recently announced entering a partnership with Saito, the open network used to deliver web3 globally. The partnership will help developers use tokens acceptable on Elrond (like eGold) in web games and apps running on Saito’s P2P network. With the collaboration, both ventures will...
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
30.6.2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since...
Dvision Network Open Beta Test (OBT) Goes Live ahead of Dvision World Launch
30.6.2021
PRESS RELEASE. One of the leading blockchain-based NFT & Metaverse platforms, Dvision Network, has revealed that its long-awaited “Open Beta Test” (OBT) is going live on June 30th 2021. According to Dvision Network, the Open Beta Test launch will be divided into several phases...
Here's Xbox Live Games With Gold For July
29.6.2021
Another month, another batch of Games With Gold. As always, these games are only “free” if you have an active subscription to Xbox Live Gold. July’s Games With Gold are:Read more
Standard Chartered, Fidelity, TP ICAP to Launch Cryptocurrency Trading Platform
29.6.2021
Fidelity, Standard Chartered Bank, and TP ICAP are collaborating to launch a cryptocurrency trading platform. It will feature a marketplace for spot crypto trading and provide “connectivity and post-trade infrastructure into a network of digital assets custodians.” TP ICAP, a leading...
Mysterious Bitcoin Maximalist Mircea Popescu Allegedly Found Dead
29.6.2021
Mpex founder and Bitcoin evangelist Mircea Popescu reportedly drowned off the coast of Costa Rica, adding to the mystery surrounding the man, his purported bitcoin fortune, and what it might mean for the future of the network. Father of “Bitcoin Toxicity” Faced No Shortage...
Elon Musk Says ‘Important to Support’ Dogecoin Fee Change Proposal
29.6.2021
A fee change proposal for Dogecoin has been submitted and Tesla CEO Elon Musk says that it is “important to support” it. “This document proposes a new fee structure and policy for Dogecoin Core, to be gradually deployed to the network over multiple software releases,” said...
Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%
28.6.2021
Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The hashrate plummeted from 108 exahash per second (EH/s) yesterday to today’s 69 EH/s, seeing one of the sharpest declines in the network. This might be a consequence of the situation going on with miners...
PORT Network: DApp to Harness Sustainable Processing Power for Both Cloud and Volunteer Computing
28.6.2021
PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. 28th June 2021, Düsseldorf, Germany – The demand for increased computing power is growing at an exponential rate....
How to Run a Node on the Concordium Network
28.6.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Enterprise blockchain platform Concordium is now live on mainnet, allowing anyone to participate in the network by running a node. Running a Concordium...