Category: N-Featured
-
Global Cryptocurrency Exchanges Cut Ties With Iran After New US Sanctions
A number of cryptocurrency exchanges have reportedly cut ties with Iran after the U.S. imposed tougher economic sanctions against the Islamic Republic. Sepehr Mohammadi, head of Iran’s Blockchain Community, told local media that Binance and Bittrex are some of the platforms to have unofficially dropped Iran from the list of supported countries to receive services.…
-
Marshall Islands President Attacked Over National Cryptocurrency Plan
Dr. Hilda Cathy Heine, President of the Marshall Islands, is facing a political attack for her support of a planned national cryptocurrency. If the move is successful, it may dissuade other leaders from opening up to the new technology opposed by the IMF. Also Read: Lawyer Invests $300 Million to Build Crypto City in the…
-
Bitmain’s New 7nm Antminer Goes on Sale on November 8
Mining rig manufacturer Bitmain Technologies has announced the company’s latest Antminers equipped with 7nm semiconductors will go on sale on Nov. 8. According to the China-based organization, Bitmain will release two new models called the Antminer S15 and the T15. Also Read: Bitcoin Cash Fork Watch: BCH Infrastructure Providers Reveal Contingency Plans Bitmain Plans to Sell…
-
Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine
In this edition of Exchanges Roundup, we look at a Luno executive’s belief that the South African government will introduce “open” crypto regulations. We also focus on Bitstamp, which expects a 1250x increase in matching speed after it integrates a customized version of Cinnober’s trading engine software into its platform, as well as the motivation behind a…
-
Norwegian Startup Bitruption Plans to Launch a Localbitcoins Competitor
On Nov. 4, a Norwegian startup announced the launch of a new peer-to-peer marketplace called Bitruption. Similar to Localbitcoins, the Bitruption exchange plans to offer a format under which users around the world will be able to advertise, buy and sell digital currencies for local fiat. Also Read: Bitcoin Ownership: Your Private Keys to Financial Sovereignty…
-
The Daily: Cryptocurrencies on the Davos Agenda, FINMA Issues Rules for Cryptoassets
In this edition of The Daily, we look at the decision to add cryptocurrencies as a topic of discussion at the next World Economic Forum in Davos. We also focus on the latest recommendations on digital assets by Switzerland’s financial regulator, as well as a Venezuelan state’s plans to use the petro in cross-border trade with…
-
Bitcoin Miners Flock to Paraguay as Country Weighs Its Social Development Options
Paraguay’s Itaipú Dam, one of the largest hydroelectric facilities in the world, is supporting bitcoin and ethereum mining in a city on the country’s border with Brazil and Argentina. These efforts have already spawned a number of new cryptocurrency businesses, creating multiple millionaires, but an ongoing reassessment of the dam’s developmental potential could spell boom or bye…
-
Venezuelan Banks Start Using the Petro to Denominate Customer Balances
Venezuela’s controversial national cryptocurrency, the petro, is slowly permeating the everyday lives of its citizens. The currency, each unit of which is supposedly backed by a barrel of oil, has begun appearing on screens when Venezuelan customers log in to their bank accounts. The move marks the latest attempt by President Nicolás Maduro’s government to…
-
Is Initiative Q the Next Bitcoin?
If you’ve been anywhere near social media in the past fortnight, or even used your favorite messaging app, there’s a good chance you’ve been shilled a referral link to Initiative Q. A mate probably forwarded it to you or tagged you in a post offering an invite to the first five responders. Maybe you FOMO’d…
-
Bitcoin Cash Fork Watch: BCH Infrastructure Providers Reveal Contingency Plans
There’s only 10 days left until the Bitcoin Cash (BCH) network hard fork scheduled for Nov. 15. At the moment the upgrade has two competing BCH clients with different ruleset changes, so the upcoming fork could cause a chain split. Because of the contention over certain upgrade proposals, a slew of exchanges and wallet providers…