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Video Shows $10M Chinese Bitcoin Mining Farm in Flames


During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...

Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide


Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...

Litecoin (LTC) Records 15% Drop in the Last 30 Days


It has been a good year for the Litecoin holders. LTC had given considerable returns, especially when it had started trading above $100. The pace has slowed down a bit in the last few months, but once it crosses the $90 mark, Litecoin may start trading upwards soon. The current market performance...

Software Engineer Reveals Oracle Creation Platform for Bitcoin Cash


On September 23, Bitcoin Cash (BCH) developer Gabriel Cardona revealed a project called Oracles.cash, a platform he constructed at the Wyohackathon. The application allows anyone to launch oracles on the BCH chain for things like prediction markets, trust-less wagers, and BCH contracts tethered...

Appetite for Bitcoin Futures Is Growing


After all the fanfare, fevered anticipation, and breathless media coverage, Bakkt’s launch of bitcoin futures on Monday was a damp squib. Despite the rollout of physically delivered BTC futures going without a hitch, volumes were low, while the less said about bitcoin’s price in...

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