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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...
How Realistic Is Russia’s Bitcoin, Ethereum, Monero Monitoring Plan?
12.8.2020
Source: Adobe/Studio_East
Russian experts have been debating the feasibility of a new crypto monitoring platform that could allow Moscow to partially de-anonymize bitcoin (BTC), ethereum (ETH) and even privacy tokens like monero (XMR).
As reported yesterday, a local media outlet said it has seen...
Market Outlook: BTC Trend Targets $15K, Bitcoin Bull Raoul Pal ‘Irresponsibly Long’
10.8.2020
Cryptocurrency markets have been fluctuating quite a bit lately, as bitcoin and a number of crypto assets have been testing new resistance levels. The market valuation of the entire crypto-economy is hovering around $360 billion as a decent portion of the top twenty digital assets have gained 1-15%...
Telecom Giant Says ‘Local Stablecoins, Blockchain’ Powered 19% Growth
8.8.2020
Executives of KT Group in Seoul. South Korea is just one of the countries currently reeling from the effects of the coronavirus pandemic, with economic growth down in most sectors. But one industry – telecommunications – is booming. And blockchain-powered local stablecoins appear to be helping...
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...
More Blockchain Graduates Needed to Meet China’s Burgeoning Demand
5.8.2020
China’s first batch of blockchain graduates will begin their courses later this year, but will not complete their studies until 2024 – with a leading expert warning that the academic sector is “seriously lagging” behind industrial demand.
Per Mars Finance, the head of the Digital Economy...
NetWalker Ransomware Gang Is Storing $7M Bitcoin In SegWit Cold Storage
3.8.2020
The organization that’s encrypting computers and extorting companies has taken to SegWit addresses, according to McAfee and CipherTrace
What Bitcoin Holders Should Watch for in Today’s Fed Meeting
29.7.2020
Federal Reserve Chairman Jerome Powell. Source: a video screenshot, Youtube/CNBC Television
With the US Federal Reserve’s Federal Open Market Committee (FOMC) set to release a statement from their meeting this evening (UTC time), crypto holders may be in for another run higher if the traditional...
Dosluhující Boeing 747 ještě ožije. Rolls-Royce mu namontuje pátý motor
29.7.2020
Éra Boeingu 747, jehož ikonická silueta s hrbem na trupu provází světové letectví přes pět dekád, se chýlí ke konci. Ne všechny letouny ale čeká dožívání ve flotilách nákladních aerolinek nebo rozebrání na náhradní díly. Výrobce leteckých motorů Rolls-Royce jeden z vyřazených letounů přestaví na
Why Bitcoin Suddenly Spiked to $10,200, Instantly Liquidating $75M
26.7.2020
The price of Bitcoin abruptly surged to $10,200, as it liquidated $75 million worth of short contracts
Grayscale Investments’ Bitcoin Cash Trust Approved for Public Trading
21.7.2020
Grayscale Investments’ Bitcoin Cash Trust and Litecoin Trust have been approved by the U.S. Financial Industry Regulatory Authority (FINRA) for public quotations. The two add to Grayscale’s four existing publicly traded investment products: Bitcoin Trust, Ethereum Trust, Ethereum...
Tron's 'JUST DeFi' Exchange and Yield Farming Launching in August
21.7.2020
Justin Sun. Source: a video screenshot, Youtube, Tron
In an effort to broaden its decentralized finance ecosystem, major blockchain platform Tron has announced the launch dates for two more products - both said to be coming in a month.
Justin Sun, founder of Tron (TRX), took to Twitter to announce...
Bitcoin Hashrate Might Double In a Year, Pressing Miners' Margins
20.7.2020
Source: Adobe/Татьяна Палладина
Bitcoin (BTC) hashrate, or the computational power of the Bitcoin network, could rise 120% in a year, but the price of the coin needs to follow so that the profitability for miners wouldn't drop, according to a recent research.
In their latest report, commissioned...
Popular NASCAR Driver Bubba Wallace Will Sport the Bitcoin Logo While Racing
15.7.2020
NASCAR driver Darrell “Bubba” Wallace will be sporting a bitcoin logo on his car and uniform during upcoming races. Twitter and Cash App founder, Jack Dorsey, tweeted a few pictures that revealed the new sponsorship, as he displayed the bitcoin symbol and Cash App logo design layout...
Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong
13.7.2020
The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever. The record high of 17.35 trillion makes it much harder for bitcoin miners to profit. However, the overall Bitcoin network hashrate has remained consistently above the...
All About WAVE – Mainnet Release, Token & Exchange Listing
9.7.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
© What is the blockchain?
Whilst the technology sitting behind Blockchain is rather complex, the principle foundation is quite simple: A Blockchain is a growing list of records that include time and transaction...
South Korean Blockchain Patents Applications ‘Surging’
8.7.2020
Blockchain technology-related patent applications surged in South Korea last year, and appear to be rising further this year in wake of the coronavirus pandemic.
Per the Korean Intellectual Property Office (KIPO), a total of 1,301 blockchain patents were registered in the country last year, a rise...
Multibillion Investor Doubles Down on Bitcoin Mining
3.7.2020
US-based multibillion investment manager Horizon Kinetics (HK) just doubled down on its Bitcoin (BTC) mining strategy.
After tripling the number of miners it hosts with Core Scientific (CS), a US-based blockchain hosting provider, HK has now agreed to upgrade the miners to the Antminer S19 and...
Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg
5.6.2020
Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.” Bloomberg points to quantitative easing and...
Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
2.6.2020
Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH)....