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Innosilicon’s Bitcoin Mining Farm Catches Fire Leading to Loss of Nearly $10 Million
2.10.2019
The early morning hours of September 30, 2019, shocked the crypto world to the core with the outbreak of the devastating news of a major fire breakout. A nine-minute long video circulated on Twitter by bitcoin miner, Marshall Long showed the burning down of a large bitcoin farm in China....
Band Protocol Launches its Mainnet and its First dApp, BitSwing
2.10.2019
A blockchain startup supported by venture capital firm Sequoia India, Band Protocol, has launched its mainnet along with the first decentralized application (dApp) known as “BitSwing” which permits the users to trade Bitcoin (BTC) binary options, a kind of derived product. Disclosing...
Bitcoin Fails to Grow, Still Struggling below $8,300
2.10.2019
Bitcoin shows no signs of growth, value is below 8,300 USD The next resistance of BTC may fall at 8,483 USD In the last 24 hours, Bitcoin (BTC) could not make any major impact; the value is still lagging behind the 8300 USD price level. It has been through four major price variations and...
BitPay Achieves Service Organization Control (SOC 2) Compliance Review
2.10.2019
Major Blockchain payments provider BitPay has proclaimed that it has passed the Service Organization Control Review (SOC 2). The review was conducted successfully by the Aprio, which is among the top 100 CPA led advisory firms. The tech audit firm assures maximum confidentiality and data privacy...
How G20 Central Bank Digital Currencies Are Progressing
2.10.2019
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...
Shots Fired as Nancy Pelosi Challenger Bacelar Funds Campaign With Crypto
2.10.2019
27-year-old Agatha Bacelar is a Brazilian-American immigrant from a STEM background, and she’s targeting Speaker of the House Nancy Pelosi’s seat in the California Congress (CA-12) in the next election cycle. Her campaign is seeking to raise $1 million in crypto (BTC, BCH, ETH, LTC...
Mt Gox Trustee Asked DOJ to Share Info on Jailed BTC-e Owner Alexander Vinnik
1.10.2019
The trustee recovering funds on behalf of Mt Gox's creditors has contacted the U.S. Department of Justice seeking information about Alexander Vinnik
Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central Banks
1.10.2019
In the last 48 hours, digital currency markets have rebounded after some bearish price dips last week. After losing $35 billion in a short period of time, most crypto markets have been gradually healing and the overall market valuation of the cryptoconomy has clawed back at least 50-60% of...
Top-20 Coins Report Mild Gains and Losses, BTC Moves Steadily Further From $8,000
1.10.2019
Crypto markets see modest gains and losses on the day, with BTC moving further from $8,000
Video Shows $10M Chinese Bitcoin Mining Farm in Flames
1.10.2019
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...
John McAfee Supports Peter Brandt’s $50,000 Bitcoin Prediction Despite its Recent Decline
1.10.2019
Bitcoin owners are having a hard time for the past few days as the apex cryptocurrency has fallen to a new six month low. After reaching the yearly peak around $12,500 on June 09, it has now fallen below $8,000, and that too after months of being stagnant between $9,500 –$10,500. This has again...
Startup Band Protocol Launches BTC Binary Options DApp on Ethereum
1.10.2019
Sequoia-backed startup Band Protocol launches its fully decentralized BTC binary options app BitSwing on Ethereum’s mainnet
Bitcoin Price Manifests a Path Towards Moderate Recovery
1.10.2019
Bitcoin price plunged and it traded to a new 90-day low at $7,661 in the past 24 hours. The price is trading in a downtrend with high volatility and it is likely to test the $7,500 or $7,200 support level if it falls even further. There is a bearish trend line observed with resistance near...
Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund
1.10.2019
The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....
Price Analysis 30/09: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, LEO
30.9.2019
The pullback in crypto markets is offering short-term buying opportunities for aggressive traders. Let’s study the charts
Coindirect Launches OTC Brokerage Headquartered in South Africa
30.9.2019
Cryptocurrency clearinghouse Coindirect has launched an over-the-counter (OTC) brokerage in South Africa to allow cryptocurrency traders to make large volume transactions (of liquidity pool), by operating with international platforms, which would enable instant Bitcoin (BTC)-payment confirmation...
Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
30.9.2019
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...
IOVLabs Purchases Spanish Facebook’s Rival Taringa
30.9.2019
Taringa is one of the leading social media platforms placed in the third position in Latin America and second in Argentina network. It was introduced in 2004. Currently, there are 17.5 million registered users and 70 million monthly visitors. It is present in every Spanish speaking country such...
Bitcoin Continues the Fall; Trades Below $8000
30.9.2019
Bitcoin falls below 8000 USD in the last 24 hours The next support may come at 7704 USD The last week’s disastrous price movement is continuing in most of the major coins. Bitcoin has been down below 8000 USD. In the last 24 hours, with a single sign of growth, it has traveled from 8200...
Crypto Carnage, Zuckerberg Admission, Royal BTC Scam: Hodler’s Digest, Sept. 23–29
29.9.2019
In this week’s Hodler’s Digest, bloodbath for BTC and altcoins, Zuckerberg’s Libra admission, and Kik announces its app is closing