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A Japanese-Brazilian Investor's Baffling Ukrainian Crypto Dream
7.6.2019
Kaze Fuziyama (on the right). Kaze Fuziyama, a Brazilian cryptocurrency enthusiast of Japanese descent, has turned what was once planned as a USD 100 million Ethereum mining farm fitted with 17,000 video cards into a cloud video rendering center.
Media outlet Liga reports that the farm is located...
Bitcoin Price Eyes Stronger Recovery Rally After Bounce to $8K
7.6.2019
Bitcoin has recovered to $8,000 after defending key support for two consecutive days and may remain well bid over the weekend.
Poloniex Faces Backlash and Possible Lawsuits After the CLAM Failure
7.6.2019
The U.S.-based cryptocurrency exchange Poloniex faces a backlash from the community that is unsatisfied with their risk management, and they might even face lawsuits in the U.S.
As the exchange, owned by major crypto company Circle, explains in yesterday’s blog post, altcoin CLAM went through...
Crypto Developer Komodo ‘Hacks’ Wallet Users to Foil $13 Million Hack
7.6.2019
Cryptocurrency wallet developer Komodo has effectively hacked its own customers to protect their funds from an external attack
Bitcoin and Altcoins Staging a Comeback
7.6.2019
Recently, there was a decent recovery in bitcoin price above USD 7,700 and USD 7,800 levels. BTC/USD is currently showing a few positive signs above USD 7,850 and it could continue to rise in the near term. A successful close above USD 8,000 is likely to ignite more gains towards USD 8,100 and...
Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’
7.6.2019
There’s been furious debate over the last few years on whether or not Satoshi created Bitcoin to be a peer-to-peer cash system or a purpose-built store of value. Lately, a few BTC proponents claim that Satoshi deliberately built Bitcoin to be a store of value (SoV). Despite the SoV narrative...
What to Expect When the IRS Alters Its Bitcoin Tax Policy
7.6.2019
Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for
Kodak Launches a Blockchain-Enabled Document Management System
7.6.2019
The 130-year old company is offering blockchain-based document management
Blockstream Developers Alleged to Earn $850K Per Year
7.6.2019
There are perks to working for Blockstream, aside from having to answer to Samson Mow. Developers for the Bitcoin Core software company are alleged to earn up to $850K per year thanks to a “stock option” that sees them paid 20% of their salary in BTC. That BTC is pegged at the price...
Over 100 Staff Now Reportedly Working On Facebook’s Crypto Project
7.6.2019
CNBC reveals details on executives for Facebook’s crypto project, says 100 roles in the area have already been filled
Margin Lenders on Poloniex Lost $13.5 Million Due to Flash Crash
7.6.2019
Margin lenders on crypto exchange Poloniex have lost around $13.5 million due to a flash crash
SL Benfica Offers Cryptocurrency Payment Option for Online Store
6.6.2019
Portuguese sports club SL Benfica now supports online purchases in bitcoin and ether with an “instant crypto-to-fiat” conversion service
Global Pharma Giant Develops DLT-Based Care Network for Diabetes Patients
6.6.2019
Pharmaceutical leader Boehringer teamed up with a blockchain-focused healthcare platform to build a care network for patients with diabetes
Medici Ventures Leads Funding Round for Blockchain-Based E-Voting Platform
6.6.2019
Medici Ventures leads $7 million funding round for blockchain-based voting platform
Report: Nearly $10 Million in XRP Stolen in GateHub Hack
6.6.2019
GateHub estimates that hackers have managed to compromise around 100 XRP Ledger wallets, with reported losses of nearly $10 million
Margin Lenders Lost $13.5 Million in May to Poloniex Crypto Crash
6.6.2019
Margin lenders on Poloniex got hit with a 1,800 BTC ($13.5 million) loss on May 26th as a flash crash has made it unlikely borrowers will be able to repay the debt
US Congressman Seeks Tax Clarity for Cryptocurrencies
6.6.2019
A U.S. congressman proposed tax breaks for cryptocurrencies, arguing that current IRS codes are unreasonably demanding and deterrents to blockchain businesses
More Details Emerge on Team Behind Facebook’s Secretive Blockchain
6.6.2019
News outlets are beginning to identify key staffers behind Facebook's "GlobalCoin" project
Research: Reddit Crypto-Related Discussion Volume Strongly Correlated to Price
6.6.2019
A study on cryptocurrency discussions on Reddit has been published by the University of Notre Dame and the Pacific Northwest National Laboratory
S.L. Benfica Is The First Major European Football Club To Accept Cryptocurrency
6.6.2019
S.L. Benfica fans can now lay down bitcoin and ether to pick up a team jersey