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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate


On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash....

BitMEX Adds Hong Kong, Bermuda, and Seychelles to Trade Restriction List


Seychelles based BitMEX has recently made changes to its trade restriction list. The crypto-derivatives trading platform also has branches in Hong Kong and Bermuda. Yesterday, the crypto exchange announced three new important additions to the list. BitMEX with its parent company- HDR Global Trading...

Can Binance Or Libra Dominate The Crypto Space?


Ever since Libra was revealed in June this year, it has shaken the world, and even those who laughed at crypto were forced to sit down and take notice. Since then, there has been a debate in the mainstream that Facebook’s brainchild would affect US dominance over global politics and trade. For this...

This Austrian Printing House Aims For 'Major Role' in Crypto Adoption


The Chainlock hardware wallet. The Austrian State Printing House (OeSD), an Austrian high-security specialist with a focus on secure identities, is another example of a company from a traditional sector that decided to add cryptocurrency-related products to their portfolio. Besides focusing on...

RBI Defends Its Power Over Crypto in Indian Supreme Court


The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also...

Crypto Exchange Startup INX Plans to Raise $130 Million in Landmark IPO


A crypto trade startup, INX Limited, plans to raise funds for 129.5 million dollars through an Initial Public Offering (IPO), in the sale of first security token enlisted with the U.S.SEC (Securities and Exchange Commission). Additionally, INX’s deal would be one of the largest, thoroughly...

‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service


Rakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment...

Israel: Regulator to Aid Blockchain Firms but Crypto Pain Continues


Israeli financial regulators want to provide a fast-track for blockchain and fintech companies looking to obtain business permits in the country – but individual cryptocurrency traders have been left frustrated by the banking system. News outlet Calcalist reports that the Capital Market, Insurance...

ZenGo – Non-Custodial Wallet, Now Backs Libra Testnet


The developer of non-custodial wallet ZenGo has announced on 18th August they will be supporting the upcoming cryptocurrency from Facebook Libra on testnet. The website of the company further confirmed the news. The users of the wallet can now send and accept Libra on ZenGo wallet just like...

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