Category: N-Featured
-
DMG Starts Operating 60MW Bitcoin Mine in British Columbia
DMG Blockchain Solutions has announced that it has started generating up to 60 megawatts (MW) of electricity at an 85MW substation it owns in western Canada. It will use the substation to power its flagship cryptocurrency mining facility, which is one of the largest such sites in the country by power output. Also Read: Vietnam at Crossroads on…
-
Exchanges Roundup: Binance ‘Very Healthy’ Despite Volume Drop, Gate.io Breached
In cryptocurrency exchange news, Binance’s CEO has described the exchange as “very healthy” despite the dramatic reduction in trade volume compared with early 2018, and Gate.io was recently breached via a malicious script added to web analytics provider Statcounter. Also, a South Korean ICO raising money for a crypto exchange desk appears to have pulled…
-
The Daily: Shatner Dives Deep Into Crypto, Bank to Launch Digital Deposit Box
In today’s edition of The Daily, we feature a story about William Shatner flaunting his vast crypto knowledge, from Tether to Kitties. Additionally covered are a bank which wants to offer a digital deposit box for exchanges and investment funds, a new development in the Charlie Shrem lawsuit and more. Also Read: Marshall Islands President…
-
Bitmain Files ‘John Doe’ Lawsuit in the State of Washington
According to court documents filed in Seattle, Washington, the mining rig manufacturer Bitmain has filed a lawsuit against an unidentified suspect who hacked the company’s Binance account. Bitmain hopes to identify the defendant “John Doe” and recover the stolen BTC siphoned from the organization’s cryptocurrency holdings held on the exchange. Also Read: Fork Watch: List of…
-
Bitcoin Cash Miners Break Records Processing Multiple 32 MB Blocks
On Saturday, Nov. 10, the operation BMG mining pool mined multiple 32 MB blocks on the Bitcoin Cash (BCH) network. The first block at height 556034 was the biggest block ever mined on the BCH chain and the process confirmed over 166,000 transactions. A couple of hours later, BMG pool mined 4 more 32 MB…
-
Deep Web Roundup: Market Vendors Monitored, Darknet Benefits Revealed
The internet layer that’s accessible via the Tor browser was instrumental in the growth of Bitcoin in its early years. Since then, darknet marketplaces have proliferated, but have come to play a lesser role in the development of cryptocurrencies. In this roundup we consider two recent research papers that provide an insight into features, benefits,…
-
The Daily: BCH Outpaces LTC, Where Next for DEXs?
Saturday’s edition of The Daily builds upon some of the stories that have been developing all week. The last few days have been action-packed, with the coming Bitcoin Cash upgrade dominating the news cycle. We’ll take a look at how BCH has been faring as a payment network compared to Litecoin, and also check in…
-
Nigerian Startups Call for Cryptocurrency Regulation to Stem Investment Outflows
Nigeria’s financial technology startups have called on the Central Bank of Nigeria (CBN) to provide legal guidelines for the cryptocurrency and blockchain industry. A lack of regulation is driving investment out of Africa’s biggest economy to areas like Rwanda and Europe while fomenting uncertainty, according to the Electronic Payment Practitioners Association of Nigeria (E-ppan). Also…
-
Canadian Bitcoin Miner Hut 8 Reports Q3 Loss of $8.7 Million
Hut 8 Mining Corp., a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8.7 million on higher depreciation costs. Depreciation spiked to $13.3 million, wiping out mining profit which came to $6.7 million. Also Read: Trade.io Acquires Primus Capital Markets to Offer BTC-Backed Forex Trading Revenue…
-
Fork Watch: List of BCH Services Providing Fork Support
The Bitcoin Cash community have been heavily discussing and preparing for a possible network split due to two development teams competing on which featured consensus changes will be added to the next upgrade. Additionally, over the last two weeks, Bitcoin Cash infrastructure providers such as exchanges and wallet services have been revealing their contingency plans…