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China to Build Another Blockchain Special Zone + More News
5.3.2020
A long-span suspension bridge, Hunan, China. Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
The government of Hunan Province, China, will create a blockchain...
New York Power Plant Mines $50,000 of Bitcoin a Day
5.3.2020
A power plant in New York’s Finger Lakes region now mines about $50,000 of Bitcoin each day using the electricity it produces
India Back in the Race: Landmark Judgment to Fuel Crypto Adoption
5.3.2020
According to various crypto pundits, India’s historic judgment will have an extremely positive effect on the global crypto sector as a whole
Fungible Tokens Turn Monopoly Money Into Cryptocurrency
5.3.2020
Brave New Game, or, what would be dramatically changed by adding real cryptocurrencies to board games?
The Algorithms That Control the Cryptocurrency Market
5.3.2020
Algorithms are at the heart of 21st century life, invisibly controlling many of the systems we use and take for granted on a daily basis. Pervasive algorithms determine the entertainment we consume (Netflix, Spotify), the information we read (Google), and the chatter we hear (Facebook, Twitter)....
ConsenSys-Backed Crypto News Outlet Decrypt to Launch Reward Token in Q2 2020
5.3.2020
Decrypt, a major industry publication funded by blockchain firm ConsenSys, will launch its own reward token in Q2 2020
Power Plant Mines BTC 5.5/day, Secures 'Unique Position' Ahead of Halving
5.3.2020
An associative picture. The Greenidge Generation plant in New York’s Finger Lakes region can mine about 5.5 bitcoins per day (USD 50,000) after its operator installed some 7,000 mining machines in recent months, Bloomberg reported.
The machines work off so-called "behind-the-meter" power...
Moonshots Capital, DCG, Tezos Back $2.5M Fundraise for Crypto Software Provider
5.3.2020
Zabo, which claims to be able to link bank accounts to crypto wallets directly, raised $2.5 million from Moonshots Capital and other firms to build out its engineering team and customers
Canaan Faces Class Action Lawsuit Alleging Dubious Practices During IPO
5.3.2020
Rosen Law Firm has filed a class-action lawsuit on behalf of investors in crypto mining hardware producer Canaan
‘100+ Events’ Imply $100K Bitcoin by 2022, Says Market Analyst PlanB
5.3.2020
Bitcoin still has a body of evidence supporting a $100,000 price tag next year, says PlanB
Ethereum Whales Accumulating, Bitcoin Futures Send a Sign
5.3.2020
Both bitcoin (BTC) and ethereum (ETH), the first and second most valuable cryptoassets by market capitalization, may be about to see a surge in interest from investors, new data suggests.
According to research from Santiment, a behavior analytics platform for cryptocurrencies, the 100 largest...
South Korea Passes Law to Introduce Permit System for Crypto Exchanges
5.3.2020
Virtual currency exchanges in South Korea will soon have to report their activities to regulators after receiving real-name confirmed bank accounts
Developer Predicts Litecoin Mimblewimble Testnet Launch by September
5.3.2020
The Litecoin Project began implementing MimbleWimble last year to bolster Litcoin’s privacy capabilities
Diving Into Three of Africa’s Emerging Fintech Economies
5.3.2020
Financial innovation continues to drive African economics: What technological and economic potentials are hidden on that continent?
Investors Sue Bitcoin Mining Giant Canaan; Shares Crashed 48% in 3 Months
5.3.2020
A securities class action lawsuit has already been filed against the second-largest producer of Bitcoin (BTC) mining equipment, China-based Canaan (CAN). Meanwhile, the price of its shares dropped by almost 50% since the trading begun in November.
In their press release, investor rights law firm...
Jack Dorsey's Square Publicly Launches Grants for Bitcoin Development
5.3.2020
Square Crypto reveals criteria for its grants program for the development of the Bitcoin network
HTC Unveils Hub that Can Run Full Bitcoin Node
5.3.2020
Taiwanese tech giant HTC has announced the release of a new crypto 5G hotspot, the Exodus 5G Hub – describing the device as “the world’s most private router.”
The device will allow its users to run a fully operational bitcoin (BTC) node through the Zion network. The Exodus 5G Hub is scheduled...
HSBC: Blockchain Platform Will Keep Trade Finance Smooth Despite Coronavirus
5.3.2020
The platform’s backers claim that using the blockchain can keep trade financing running smoothly even in times of global crises like the coronavirus
Bitcoin Returns Above USD 9,000, Tezos Leads the Rally
5.3.2020
The most popular cryptocurrency, bitcoin (BTC) has returned above the USD 9,000 mark on Thursday, while tezos (XTZ), the 10th most valuable cryptoasset by market capitalization, is again seeing double-digit gains today following an improvement in overall sentiment in the broader crypto market.
At...
Indian Crypto Exchanges Resume Fiat Services 24 Hours After Supreme Court Ruling
5.3.2020
Less than a day after India’s Supreme Court overturned a ban on banks’ services to crypto, the industry’s leading exchanges have re-opened fiat services