Crypto Mining is Coming to an End – What’s Next for GPU

Cryptocurrencies are flush with idiosyncrasies, and although they were intended to function as a digital expression of money, they have a fandom that is more akin to celebrities than currencies. After all, there aren’t many chat rooms buzzing about the potential of the dollar bill. In fact, even the way cryptocurrencies are produced is strange.… Continue reading Crypto Mining is Coming to an End – What’s Next for GPU

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Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules

Since its implosion back in 2014, the Mt. Gox exchange hacks continue to loom large within the cryptocurrency ecosystem. The U.S. District Court for the Eastern District of Pennsylvania determined recently it does not have jurisdiction in a case involving Gox victims and a bank closely associated, in effect condemning victims to redress their grievances… Continue reading Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules

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US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action

The U.S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities. The owner allegedly “attempted to lure public investment in his worthless public company” by issuing “the first minable coin backed by marketable securities.” Also read: 160 Crypto Exchanges… Continue reading US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action

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Paris Saint-Germain Soccer Club to Launch Its Own Cryptocurrency

Through blockchain and cryptocurrency, it’s becoming easier for communities to interact and exchange value with each other in an efficient, trustless way. In the sports industry, cryptocurrency is enabling fans to participate in the decisions of their favorite teams. PSG Partners With Socios Based in Malta , Socios is a tokenized sports voting platform that aims… Continue reading Paris Saint-Germain Soccer Club to Launch Its Own Cryptocurrency

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Government-Funded Drug Trafficking Makes USD the World’s Dirtiest Currency

Pablo Escobar. Joaquín ‘El Chapo’ Guzmán. Rick Ross. Household names, each and every one of them; drug lords collectively responsible for punting billions of dollars’ worth of narcotics. Yet their crimes pale in comparison to those their prosecutors have been perpetrating for years. After decades of fueling proxy wars and trafficking, the US government has… Continue reading Government-Funded Drug Trafficking Makes USD the World’s Dirtiest Currency

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IOTA: Tangle Tests Show Promising Results for Micropayments and Car Charging Stations

After five months of initial charging and payment tests, a group of researchers is ready to increase the scope of IOTA adoption in the Netherlands following “uplifting” study results, according to Invade . Charging a Whole City Since its inception, the Germany-based IOTA Foundation has experienced a strong draw to its protocol, with real-world use… Continue reading IOTA: Tangle Tests Show Promising Results for Micropayments and Car Charging Stations

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Huobi ‘Aggressively’ Enters Japanese Market With Plans to Become the Largest Exchange

Crypto exchange Huobi is entering the Japanese market by acquiring a majority stake in one of the 16 government-approved crypto exchanges in the country. The company says it plans to “aggressively scale this trading platform into the largest in Japan,” with an eye on global expansion in the future. Also read: 160 Crypto Exchanges Seek to… Continue reading Huobi ‘Aggressively’ Enters Japanese Market With Plans to Become the Largest Exchange

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Cash to Crypto Trade Blooming in Moscow, Reports Say

Buying cryptocurrency in Russia these days increasingly means parting with fiat cash, be it Russian rubles or American dollars. According to numbers quoted by local media, the 24-hour market turnover, just in Moscow, reaches a staggering $50 million dollars on peak days. Some say the cash-crypto trade resembles the wild-wild-east street forex of the 90s,… Continue reading Cash to Crypto Trade Blooming in Moscow, Reports Say

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Chinese Investment Firm Buys US Department of Defense Office, Transforming Into Crypto Mining Farm

A U.S. Department of Defense data center will be transformed into a cryptocurrency mining farm later this by the Chinese investment firm Wuhan General Group, which recently purchased the facility. Advancing the Mining Economy Based on successive rounds of negotiation, the mining rigs will begin arriving in October. Wuhan voiced the usual narrative of choosing… Continue reading Chinese Investment Firm Buys US Department of Defense Office, Transforming Into Crypto Mining Farm

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