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Coinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network Congestion
30.11.2020
The delays come on a day when the price of bitcoin surpassed its all-time high
Canaan Reports $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines
30.11.2020
Mining hardware manufacturer Canaan Creative reported a Q3 net loss of $12.7 million, or 54 cents per share, more than quadruple the size of Q2’s $2.38 million loss, or 10 cents per share
Hash War: Mystery Miner’s Empty Block Attack Makes ABC’s New Blockchain Almost Unusable
28.11.2020
According to various reports, the Bitcoin ABC pro-IFP chain has been under ‘attack’ for a number of consecutive days now. The mystery miner has been mining a great number of sequential blocks, but almost all of them have been empty. The miner who calls himself...
NYT Reports Claims of ‘Racist or Discriminatory’ Treatment of Employees at Coinbase
27.11.2020
The NYT critique of Coinbase’s internal diversity policies quotes former employees who complain of “racist or discriminatory” treatment
Three Things You Didn’t Know About AVIF
26.11.2020
AVIF, the file format based on the AV1 video codec, is the latest addition to the next-gen image formats. Early reports and comparisons show good results compared to JPEG and WebP. However, even if browser support is good, AVIF is still on the bleeding edge in regards to encoding and decoding....
Origin Protocol Loses $3.25M in Latest Flash Loan Attack: Reports
17.11.2020
Blockchain project Origin Dollar (OUSD) has sustained an oracle manipulation attack. The attacker used flash loans to grab $3.25 million
US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon
17.11.2020
Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next...
S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On
14.11.2020
With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.06 per kilowatt-hour (kWh), miners are starting to leverage...
CCB Corrects Blockchain Bond Reports…and Says a Big Fat ‘No’ to BTC
13.11.2020
Days after media outlets from all over the world reported that the Labuan branch of the China Construction Bank (CCB) had issued the nation’s first-ever blockchain-powered RMB bonds, the bank in question has moved to deny the veracity of the reports, adding that it has no links with...
Marathon Reports Record $835K Quarterly Mining Revenue, Increased Bitcoin Holdings
12.11.2020
Marathon is holding more bitcoin on its balance sheet than ever before
Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners
12.11.2020
Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...
Failed Sybil Attack Targeted Monero Users, Privacy Is Safe
11.11.2020
Monero was targeted by an attempted Sybil attack that ultimately failed, according to reports from project developer Riccardo Spagni. AttackerContinue Reading
The post Failed Sybil Attack Targeted Monero Users, Privacy Is Safe appeared first on CoinMarketCap Blog
Sharktron Defi Project Devs Exit Scam: Tron Foundation Says Part of Missing Funds Now Frozen
10.11.2020
Developers of the Sharktron defi project have exit scammed with reports suggesting that TRX tokens worth up to $10 million are missing. The Tron Foundation has confirmed the theft, but is quick to inform Sharktron token holders that a portion of the missing funds has been frozen. The exit scam...
Celsius reports it's doubled its crypto holdings to $2.2B in six months
10.11.2020
Centralized crypto lending platform Celsius claims to have doubled its crypto holdings in just six months and now boasts $2.2 billion in assets under management
Grin Network Victim of 51% Attack, Unknown Miner Commands 58% of the Hashrate
10.11.2020
The privacy-centric cryptocurrency network Grin (GRIN) has been the victim of a 51% attack according to a number of reports. Allegedly an unknown entity gained control of over 57% of the network hashrate on Saturday. According to the Grin website, the team is recommending people wait...
Square Reports $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings
5.11.2020
"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."
Library of Congress Reports Surge in Crypto Law Searches
30.10.2020
The surge comes as America's largest library roll out a new crypto regulatory guide
40 Million Troy Ounces: Russia’s Gold Find Reaffirms Bitcoin as the More Scarce Asset
26.10.2020
News of the discovery of approximately 40 million troy ounces of gold in Russia’s Siberian region is likely to boost the profitability of the country’s biggest gold producer, while adding to the supply of the “scarce” resource. Reports say the Polyus owned the Sukhoi...
US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include Cryptocurrencies
25.10.2020
The U.S. Federal Reserve Board and Fincen are seeking feedback on their proposal to lower the threshold at which financial institutions must collect and retain information on funds transfers. In their joint notice on the rule change proposal, the two U.S. agencies want a new threshold...
Vortex Blockchain’s Registration Revoked for Failure to File Reports With SEC
23.10.2020
The company had failed to file any reports with the commission since Dec. 31, 2019