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Crypto Derivatives Exchange FTX Launches Bitcoin Hashrate Futures


On Friday, Cryptocurrency derivatives exchange FTX launched a hashrate futures tool that allows Bitcoin (BTC) miners to hedge against mining difficulty risk. Hashrate, the amount of processing power dedicated to a Bitcoin network at a given time, determines the strength and security of the network....

Reddit Launches Crypto Integration; Brian Armstrong Applauds the Move!


Making it a remarkable move, Reddit has recently introduced cryptocurrencies for approximately for its 20M users. Reddit launched Moon and Bricks in its two subreddits /r/Cryptocurrency and /r/FortniteBR. Reddit aimed that this launch will help in the steady growth of the crypto monetization in...

Telegram Investor Backs Durov Crypto Return to ‘Kick Zuckerberg’s Ass’


Pavel Durov. Source: A screenshot, Instagram/durov. An investor in Telegram’s aborted Telegram Open Network (TON) blockchain platform says he believes the project’s mastermind is not yet ready to walk away from his failed initial coin offering (ICO) – and backed Telegram to return to the crypto...

Visa Files Patent for Cryptocurrency System to Replace Cash


Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Visa’s Cryptocurrency Patent Filing The United...

Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate


Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account...

Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving


Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively...

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