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2019’s Bitcoin Miners Are 5x Faster Than Predecessors
13.12.2019
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their...
Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds
13.12.2019
For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China, according to a recent report by CoinShares Research
Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
12.12.2019
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s)...
Deutsche Bank Report Considers Libra Project as a Catalyst in Crypto Mass Adoption
12.12.2019
Having been subjected to global backlash and criticism, Facebook’s stablecoin Libra project has finally received a welcoming note from a renowned financial entity, the Deutsche Bank. Based in Frankfurt, the bank said in a statement that Libra can play a major role in giving a boost to the crypto...
China’s SEC May Soon Have a Crypto-Savvy Department Chief: Report
11.12.2019
China's securities watchdog is reported to be hiring Yao Qian, the former head of the central bank's digital currency initiative, as the chief of its new tech regulation bureau
Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest
11.12.2019
Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to...
World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
11.12.2019
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform
BNY Mellon and Credit Suisse Involved in Telegram’s $1.7B Sale: Report
10.12.2019
BNY Mellon and Credit Suisse were reportedly investors in Telegram’s $1.7 billion Gram token sale
Report: Denmark’s Tax Agency Is Sending Tax Compliance Letters to Crypto Users
10.12.2019
Danish tax agency is asking crypto users to provide a full background of all their cryptocurrency transactions
JPMorgan’s Blockchain Network to Launch in Japan in Early 2020: Report
10.12.2019
JPMorgan’s blockchain-based payment network, the Interbank Information Network, will reportedly launch in Japan in early 2020
A Reality Check: Blockchain and DLT in International Trade
9.12.2019
Would blockchain help to bring global trade to a digital era? An overview of a new TFG’, WTO’ and ICC’s study
South Korean Government Falsified Report Claiming 10% Tax on Crypto Transactions
9.12.2019
The Ministry of Finance of South Korea has put an end to the speculations and claims that were hovering over the Korean crypto industry in the past few weeks by refuting the report that stated that the regulatory authority had imposed 10% income tax on cryptocurrency investments. Cryptocurrencies...
China’s Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report
9.12.2019
The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
9.12.2019
Several Chinese banks and economic participants will reportedly pilot the digital yuan in two cities
China to Pilot Digital Yuan With Four Banks in Two Cities - Report
9.12.2019
Shenzhen. China’s central bank, the People’s Bank of China (PBoC) is preparing to test the digital yuan in Suzhou and Shenzhen, with a pilot launch now “imminent,” per a new report.
Media outlet Caijing Magazine says it has learned details about the pilot project, which it says is being jointly...
Bitcoin Cash Represents 93% of November’s Crypto Spending in Australia
8.12.2019
News.Bitcoin.com recently reported on web portal Bitcoinbch.com’s in-depth report, which detailed BCH outshining BTC retail spending in Australia by a wide margin during the month of September. The next month, BCH captured 90% of October’s crypto spending in the country. Now the website...
Report: ‘Blockchain Is A Rapidly Maturing Technology in China’
7.12.2019
A report by Forkast Insights calls blockchain in China a rapidly maturing technology “far beyond the experimental stage”
S Korean Crypto Exchanges Will Struggle to Survive in 2020 – Report
5.12.2019
A number of South Korean cryptocurrency exchanges are set to post “huge” losses this year, per a new report.
According to media outlet Newsway, industry insiders believe that most exchanges are “expected to suffer massive losses in FY2019.” The industry fears that nobody is safe, with trading...
Circle Co-Founder Sean Neville Quits as CEO After Reshuffle: Report
5.12.2019
Circle co-CEO Sean Neville will reportedly step down from his role and transition to the company’s board of directors
Kazakhstan Won’t Tax Cryptocurrency Mining: Report
4.12.2019
Kazakhstan’s lawmakers won’t be taxing crypto mining until the mined crypto is exchanged for fiat money, a report says