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Why we at $FAMOUS_COMPANY Switched to $HYPED_TECHNOLOGY
29.5.2020
Too funny:
After careful consideration, we settled on rearchitecting our platform to use $FLASHY_LANGUAGE and $HYPED_TECHNOLOGY. Not only is $FLASHY_LANGUAGE popular according to the Stack Overflow developer survey, it’s also cross platform; we’re using it to reimplement our mobile apps as well....
Blockchain Bites: BlockTower Reports Returns After Goldman Sachs Denounces Bitcoin
28.5.2020
BlockTower Capital reported 73% returns over the hedge fund's lifetime, a day after Goldman Sachs said cryptos "are not an asset class."
Revolut App Reports 68% Increase in Retail Crypto Traders
28.5.2020
Revolut data shows that U.K.-based retail crypto trade fell by half at the peak of the mid-March crypto crash — but has since recovered
Bitmain Cofounder Allegedly Expelled – Could Face Litigation for Operation Interference
27.5.2020
One of the largest ASIC mining manufacturers worldwide, Bitmain, has allegedly ousted cofounder Micree Zhan. Regional reports note that he’s been threatened with litigation if he interferes with company operations. According to two local announcements written in Chinese, Bitmain has warned...
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
22.5.2020
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that...
Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut
22.5.2020
The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months
1300% Increase In BitcoinAbuse Reports in April Led by Sextortion
20.5.2020
There was a 1,300% increase in the number of Bitcoin extortion cases reported to BitcoinAbuse.com in April versus March, with sextortion leading the charge
From Buenos Aires to Beirut – Covid-19 Excuse Restricts Millions of Citizens from Withdrawing Their Own Money
18.5.2020
The coronavirus and the government-induced lockdowns have wreaked havoc on the global economy and millions of people can’t access their own money. Reports from financial stricken areas like Venezuela, Argentina, and Lebanon show that citizens are being stopped from accessing their...
P2P Bitcoin Trade Volumes and Inflation in Latin America Are on the Rise
16.5.2020
During the last two months since the March 12 crypto market rout, otherwise known as ‘Black Thursday,’ demand for cryptocurrencies seems to be on the rise in certain regions in Latin America. Various reports published this week have noted that countries like Colombia, Venezuela...
1.4% of FinCEN’s Suspicious Activity Reports Since 2013 Mentioned Crypto
13.5.2020
More than 70,000 crypto-related SARs had been filed with FinCEN since 2013, director Kenneth Blanco said Wednesday
Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
13.5.2020
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116...
Fake News: New Reports Allege Bitmain Street Brawl Was Overstated
9.5.2020
New information appears to show that an alleged street brawl between execs at Bitmain did not occur as reported
Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking
8.5.2020
Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according...
Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
8.5.2020
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. The increase is thanks “to growth in the number of active bitcoin customers, as well...
Silvergate Bank Reports 75% Increase in BTC Trading Volume
7.5.2020
The crypto-friendly bank saw an increase in the number digital currency customers and Bitcoin trading volume in the first quarter of 2020
3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet
7.5.2020
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting...
Bitcoin Revenues in Square’s Cash App Top Fiat Revenues for First Time in Q1
6.5.2020
Bitcoin profit through Square’s Cash App was $7 million in the first quarter of 2020. It earned $8 million in bitcoin profit through the whole of 2019
Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
5.5.2020
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7.3 million setting up the mining facility, located...
US Senator Loeffler Reports 2019 Income of $3.5M From Role as CEO of Bakkt
4.5.2020
US Senator and former Bakkt CEO finally filed her financial disclosures after a four-month extension and an insider trading scandal, revealing that she is very rich indeed
MoneyGram Reports 'Quiet Quarter' For Ripple Partnership
3.5.2020
Major cross-border payments company MoneyGram has reported a “quiet quarter” with regards to its partnership with Ripple