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Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network
9.9.2020
Hash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain networks. The broker insists that it does not have any way of monitoring or determining which blockchain is benefitting from a particular algorithm hash data. Only...
UK miner Argo reports 280% increase in revenue despite May’s Bitcoin halving
9.9.2020
London Stock Exchange-listed miner Argo Blockchain is mining 545% more Bitcoin than last year, with profits up 280%
Crypto Exchange Kraken Makes Japan Return After Two-year Absence
9.9.2020
Major American crypto exchange operator Kraken is set to return to Japan after an absence of over two years – under the umbrella of its Tokyo-based Payward Asia subsidiary.
The San Francisco-based firm was forced to exit Japan back in April 2018, citing rising business maintenance costs. However...
CEX.IO to Offer Instant Cryptocurrency-Backed Lending Service in 217 Countries and Territories
9.9.2020
LONDON, the United Kingdom – CEX.IO, one of the largest international exchanges in the cryptocurrency market, is set to launch a digital asset-backed lending service in September. Available in 217 countries and territories – including Australia, the United Kingdom, the European Union...
Venezuela Reportedly Blocks its Citizens from Accessing Coinbase
9.9.2020
Reports from Venezuela appear to indicate that the government has blocked the United States-based major crypto exchange platform Coinbase.
The claims were made by multiple Twitter users, although the government is yet to make a statement on the matter.
Venezuela-based internet tech group Venezuela...
Argentina Government Refuses to Pay $4M Bitcoin Ransom to Hackers Who Paralyzed Its Borders
9.9.2020
The government of Argentina has reportedly refused to pay a $4 million bitcoin ransom demanded by hackers who hijacked the country’s immigration systems, temporarily crippling cross-border movements. On Aug. 27, the cybercriminals – now identified as a group calling itself Netwalker...
Noncustodial Bitcoin Cash Client Zapit Demos In-Wallet SLP Dividends Tool
9.9.2020
During the last week, Bitcoin Cash proponents have been discussing Zapit, the noncustodial BCH wallet that also supports Simple Ledger Protocol (SLP) tokens. Zapit’s team recently revealed on Twitter that developers have been working with a new dividends tool built into the mobile wallet....
Bitcoin Obituaries Lists Another Crypto Eulogy, 2020 BTC Deaths in the Single Digits
9.9.2020
The infamous “Bitcoin Obituaries” has seen another addition to the long list of deaths since bitcoin’s oldest death on December 15, 2010. According to the list of articles with 382 deaths to-date, bitcoin was declared dead again on September 4, 2020. Ever since Satoshi Nakamoto...
Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market
9.9.2020
Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets...
CEX.IO Cryptoexchange Makes CryptoCompare Top 10
8.9.2020
The international cryptocurrency exchange CEX.IO made it into the CryptoCompare top 10 July 2020 report, with an overall A grade. The CryptoCompare Exchange Benchmark rating evaluates over 165 exchanges around the world on aspects like adherence to regulations, platform security, liquidity, asset...
Jim Rogers Predicts End of Dollar Dominance as US-China Tensions Escalate
8.9.2020
Renowned investor Jim Rogers believes that the U.S. dollar dominance is coming to an end as the tensions between the U.S. and China mount. The growing national debt, the protests, the political uncertainty surrounding the presidential election, and countries seeking a USD alternative in fear...
Bitcoin News Roundup for Sept. 8, 2020
8.9.2020
With investors buying the bitcoin dip and staying bullish on options, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Ukraine, Russia, Venezuela Beat China & US in Crypto Adoption + More News
8.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Ukraine, Russia, and Venezuela have taken three top spots in the Global Crypto Adoption Index, announced by Chainalysis today. "While trading...
Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge
8.9.2020
Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm...
Lightning Network-Based Derivatives Exchange Gets Investment from Bitfinex
8.9.2020
LN Markets, the first bitcoin (BTC) derivatives exchange built on top of the Lightning Network (LN), today announced that it has closed its pre-seed funding round, with crypto exchange Bitfinex, bitcoin-focused investment firm Fulgur Ventures, and crypto research and asset management firm Arcane...
Digital Platform for Smart-Contracts Barter Smartplace: Future Unicorn of Decentralized Commerce Sells Tokens With a 50% Discount
8.9.2020
The Barter Smartplace blockchain ecosystem team believes that closing deals in the fast-paced digital age can be as fast, reliable, and efficient as using online-banking. However, without the participation of intermediaries, the execution of contracts, and the physical presence of both parties,...
Cryptocurrencies Now Accepted for 15,000 Restaurants in France on Just Eat
8.9.2020
Food orders from over 15,000 restaurants in France can now be paid with bitcoin and a number of other cryptocurrencies through a major online food ordering website, Just Eat. Just Eat Accepts Cryptocurrencies for Restaurants in France Online food ordering platform Just Eat has begun accepting...
Bitcoin Consolidates, Altcoins Show Mixed Results
8.9.2020
Bitcoin price retested the USD 10,000 support zone, but the bears failed to gain strength. BTC remained well bid above USD 10,000 and it is currently (08:30 UTC) moving higher. Having said that, the price must settle above USD 10,400 and USD 10,500 to start a steady recovery wave.
Similarly, most...
Bridge Oracle IEO Launches with Bitcoin.com Co-Founder Mate Tokay as Advisor
8.9.2020
8th September, 2020, Kuala Lumpur, Malaysia – Bridge Oracle may very well be on the cusp of achieving the holy grail of the crypto-sphere: mass adoption. Between blockchain’s theoretical superiority based on hard code, and the nuanced language that is real life, it finally provides the means...
Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads Derivatives
8.9.2020
The latest report by Cryptocompare shows August spot cryptocurrency traded volumes by the 15 largest top-tier exchanges increased by 58.3% to $529 billion versus July figures. Low tier exchanges volumes, on the other hand, increased by 30.2% to end the month of August with a total of $291 billion....