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Computing Power of Bitcoin Establishes New Record with 100K+ Miners Online


The aggregate computing power that goes into securing the blockchain of bitcoin has established a fresh record. As per the data released by BTC.com, a mining service operator, the average hash rate for bitcoin mining has hit 71.43 quintillion EH/s (hashes per second) over the period of the past...

UN Believes North Korean Crypto Raiders Have Amassed USD 2Bn


North Korea is reportedly continuing to intensify its attacks on cryptocurrency exchanges – and may have accrued a staggering USD 2 billion from its efforts so far. In Japan, newspaper Asahi Shinbum says it has obtained access to an as-yet-unpublished, 142-page UN Security Council report that...

SEC Commissioner: US Could Draw Crypto Policy From These Countries


The U.S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.S. system, the commissioner emphasizes cross-border considerations, detailing...

Youtube Censorship Drives Uptake of Crypto-Powered Video Platforms


If the prospect of greater privacy and financial sovereignty doesn’t lure the masses to crypto networks, perhaps the ability to speak freely will. Lately, a lot of people who couldn’t give a damn about peer-to-peer cryptocurrency have taken a shine to peer-to-peer networks that run...

Tax Expert: IRS Letters Confirm That Trading Cryptos Is a Taxable Event


The U.S. Internal Revenue Service (IRS) announced on July 26 that 10,000 American cryptocurrency users will receive a letter reminding them to pay taxes or amend any mistakes on past filings. At the time, IRS Commissioner Charles Rettig said U.S. taxpayers should take the warning letters...

Research Reports Show Positive Crypto Industry Growth in H1 2019


More than half the year is behind us and the cryptocurrency ecosystem continues to move forward, showing relentless growth over the last six months. 2019 has also seen a new theme arise as speculators believe the cryptocurrency ecosystem is experiencing an influx of institutional interest...

P2P Crypto Lending Is on the Rise


As peer-to-peer cash, it only seems logical that cryptocurrency should be deployed for P2P lending. While that application has taken time to materialize, bitcoin and other crypto assets are now increasingly fulfilling that purpose. Across the BTC, BCH and ETH networks, credit is being supplied...

Bitcoin.com is about to Launch Its Cryptocurrency Exchange This September


Bitcoin.com is all set to launch its digital currency exchange on 2nd September 2019. The exchange, dubbed as Exchange.Bitcoin.com, will be a secure and fast trading platform for digital currencies catering to new traders and experts alike. As per the announcement press-release by Bitcoin.com,...

What Effect Could an Indian Ban Have on the Global Crypto Industry?


With a number of Indian crypto-exchanges having closed down in the midst of an already harsh environment for cryptocurrency, it would seem that the introduction of a cryptocurrency ban is now almost inevitable in India. But while there's little doubt that this would be a massive blow for Indian...

Crypto is the New Black: 20 Crypto Jokes


Any week is a news-filled week in the cryptoverse. We were fine without BTC's 10K-up-and-down antics this week, but it met its first interest cut by the US Federal Reserve, and people are not quite sure how to interpret the impact of this event. Nonetheless, after a senator said that U.S. can't...

The Modern Era of Free Range Slaves: How Bitcoin Breaks the Mold


In a string of recent Tweets, 2020 Libertarian presidential candidate and fugitive from the law John McAfee has been talking about slavery. Urging people to “wake up” and assuring them that neither compliance with the status quo, nor stacks of riches, can set them free. Indeed, when...

Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto


On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description...

Trading Cryptocurrencies: Three Basic Common Technical Indicators


Introduction Cryptocurrencies (or crypto) has been thrown in the limelight recently with Bitcoin’s meteoric rally this year, the cryptocurrency having risen for the fifth month straight since February 2019. Bitcoin most recently hit a high of US$13,775, before its price […] The post Trading...

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