Category: Digital Assets
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Express Your Gratitude With Bitcoin.com’s New Smart Tip Generator
Bitcoin.com has launched a new service that provides anyone with the ability to generate customized bitcoin cash (BCH) tips. Users can fund printed tip cards and show people that they appreciate their services by tipping them in BCH. Moreover, any funds that go unclaimed are returned to the owner after a specified expiration date. Also…
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Organized Crime Goes Digital With the Blockchain-Based ‘Mafia Wars’ Game
Over the last couple of years, blockchain-based gaming has become more popular with collectible games like “Spells of Genesis.” One peer-to-peer game, “Mafia Wars,” is a blockchain-themed tournament based on well-known organized crime families from the 1920s. Also read: Intel Awarded a Patent for an Energy Efficient Bitcoin Mining Process The Five Families of New York…
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Markets Update: Falling Cryptocurrencies Wipe Out Last Week’s Gains
Cryptocurrency markets have seen losses over the last 24 hours and since our last markets update five days ago. Since then, most of the top cryptocurrencies have been moving sideways in a tight consolidated pattern. At the moment, the market capitalization of the entire digital asset economy is valued at roughly $125 billion and markets…
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Intel Awarded a Patent for an Energy Efficient Bitcoin Mining Process
On Nov. 27, the world’s second-largest semiconductor chip maker, Intel, was granted a patent for a processing system that mines Bitcoin but utilizes more “energy-efficient hardware accelerators.” According to the patent called the “Optimized SHA256 Datapath,” the newly invented “high-performance” Bitcoin mining process could reduce overall power consumption by 15 percent. Also read: Sirin Labs Launches…
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Sirin Labs Launches Blockchain-Centric ‘Finney’ Smartphone
On Nov. 29, Sirin Labs announced the commercial launch of its new blockchain smartphone known as the Finney. According to the cellphone creators, the Finney offers “secure and state of the art mobile technology” alongside an embedded cold storage cryptocurrency wallet. Also read: Bloxroute Joins the Block Size Debate With New Block Propagation Service People Can…
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Binance Terminates Services for Users in Belarus
Cryptocurrency exchange Binance has informed Belarusian customers that its services will no longer be available in their country. The announcement follows reports of similar restrictions for residents of other nations under economic sanctions, such as the Islamic Republic of Iran and Zimbabwe. Also read: Russian Miners Sell Their Equipment Amid Market Plunge Belarusians Lose Access…
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Russian Miners Sell Their Equipment Amid Market Plunge
A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. Also read: Bitcoininfo.ru Wins Court Case Against Ban Russian Miners Selling Used Hardware Amateur mining used to be very…
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Law Firm: South Africa’s Draft Tax Law Could Affect Cryptocurrency Use
A South African law firm has published a short essay on proposed tax legislation for cryptocurrency in the country. Cox Yeats Attorneys, a Durban-based firm, argues that the Taxation Laws Amendment Bill, published by the National Treasury in July, will be bad for the digital asset industry, according to local media reports. Also read: Uganda to Regulate…
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Markets Update: Crypto-Capitulation Causes Uncertainty Toward Year End Prices
All eyes have been glued to cryptocurrency markets over the last week as a great majority of digital asset values plummeted to their lowest prices since last year. There’s been a slight price recovery and some consolidated sideways action taking place as some market observers have noted an attempt to reverse the trend may be…
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BTC-e Successor Wex Loses .nz Domain
Wex, the digital asset trading platform that inherited the now-defunct BTC-e exchange, has lost its wex.nz domain. According to New Zealand’s Domain Name Commission (DNC), the internet address was registered with fake contact details. Wex users have complained that they are unable to withdraw their funds from the platform. Also read: Crypto Detectives Project…