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Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills
Two mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One of the companies, U. S. miner NGDC, appears to have suddenly fled from the area, leaving $1. дальше »
2018-11-16 00:35 | |
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Crypto mining farms in China were suspended for strict tax inspections
Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks, CCN reported. дальше »
2018-11-14 18:34 | |
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International Bitcoin miners vanish after stacking up $1.5M debt in Sweden
Sweden‘s northernmost county opened its arms to two cryptocurrency mining firms earlier this year – but it might now be regretting the decision. The county of Norrbotten, Sweden is playing host to a cryptocurrency mining mystery. дальше »
2018-11-14 13:15 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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Gone With $60 Million: MapleChange Cryptocurrency Exchange Exit Scam Disguised As a ‘Legitimate’ Hack
Scam artists are at it again. MapleChange, a small cryptocurrency exchange based in Alberta, Canada has shut down its operations following an alleged hack which wiped away 913 Bitcoins ($60 million) in customer funds. дальше »
2018-10-30 13:59 | |
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options
Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether. дальше »
2018-10-16 16:07 | |
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Bitcoin miners hit $4.7B in revenue this year, but its becoming unprofitable
Bitcoin miners have raised over $4. 7 billion in revenue so far this year, but rising electricity prices have rendered cryptocurrency mining almost completely unprofitable, even for the world’s biggest pools. дальше »
2018-10-9 15:33 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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Binance to Make Listing Fees Transparent, Give Proceeds to Charity
Binance, the largest cryptocurrency exchange by trading volume, said that it will make new cryptocurrency listing fees transparent and donate 100 percent of those fees to charity. дальше »
2018-10-8 22:20 | |
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New Study Reveals an Increase in Venture Capital Investment in Blockchain Projects
Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets. дальше »
2018-10-3 19:39 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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Acronis Expands R&D in Blockchain and AI, Adds $20 Million Investment in Arizona
Celebrating 15 years in the industry, hybrid cloud solutions and cyber protection service provider Acronis is looking to expand its reach into the blockchain sector. The company recently announced that it would increase its investment in Arizona by $20 million. дальше »
2018-10-1 04:04 | |
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Shapeshift Accused Of Aiding Criminals to carry out Successful Money Laundering Operations
A Switzerland based cryptocurrency exchange which is one of the anonymous exchanges that handles Bitcoin trades, Shapeshift founded by Erik Voorhees in 2014 has been accused of aiding money laundering by Wall Street Journal investigation after the later found that $88. дальше »
2018-9-29 10:54 | |
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Bitwala Promises ‘Blockchain Bank’ Operations Will Begin From November
German money-transfer-turned-Blockchain-banking startup Bitwala has confirmed its integrated fiat and cryptocurrency bank account will go live in November following a €4 million funding round. ‘Closing Gap’ Between Fiat And Crypto Banking In a press release from September 25, Bitwala, which shuttered its previous cryptocurrency debit card offering in January when Visa cut ties with issuer Wavecrest, said an undisclosed German partner bank would now take over regulatory responsibilities. дальше »
2018-9-25 17:00 | |
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Japanese cryptocurrency exchange Zaif attacked by hackers, $60 million stolen
Cybercriminals attacked the Japanese cryptocurrency exchange Zaif and withdrew various cryptocurrencies worth several billion Japanese yen. Zaif promises to reimburse all losses to its customers, trading operations are suspended. дальше »
2018-9-21 12:41 | |
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$60 Million Bitcoin And Bitcoin Cash Stolen In Latest Japanese Exchange Hack
Japan, the home of cryptocurrency, or is it now the home of the cryptocurrency hack? Although Japan now has some of the tightest regulations surrounding the operations of cryptocurrency exchanges, it seems these regulations haven’t been enough to stop yet another devastating hack take place, this time, seeing around $60 million stolen in Bitcoin, Bitcoin Cash and MonaCoin from Tech Bureau owned Zaif. дальше »
2018-9-20 12:30 | |
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KuCoin Invests $3 Million in Aussie Crypto Exchange Bitcoin Australia to Expand its Market Down under
Singaporean cryptocurrency exchange, KuCoin is set to enter the Australian waters as it looks to expand its operations down under. Per a report by The Australian Financial Review on September 9, 2018, KuCoin has made an investment of $3 million in the Aussie exchange Bitcoin Australia. дальше »
2018-9-12 07:00 | |
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Bittrex Exchange and Bitcoin Gold maintainers at war over 12000 BTG loss
There has been an increase in hacking operations in recent times targeted majorly as cryptocurrency exchanges since they have a good investment in the cryptocurrencies and crypto tokens listed in their site. дальше »
2018-9-5 15:44 | |
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Creditors of Defunct Cryptocurrency Exchange Mt. Gox Can Now File Claims
Creditors of Mt. Gox, the defunct cryptocurrency exchange, can now start submitting proofs of claim in a newly approved rehabilitation process, according to an update posted on the exchange’s website. дальше »
2018-8-27 17:14 | |
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Noise Complaints May Cause Norwegian Bitcoin Mining Center to Shut Down
Norwegian bitcoin miner Kryptovault is facing a shutdown of its operations due to extensive noise complaints from locals and a lack of proper paperwork. The company, which is headquartered in a former paper mill in Norway’s capital of Oslo, uses more than 40MW of power to drive an arsenal of nearly 10,000 computers. дальше »
2018-8-24 23:36 | |
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U.S. Crypto Investment Firm Attracts $22M in Series A, Looks to Expand Services
Los Angeles-based cryptocurrency investment firm SFOX has raked in roughly $22. 7 million in its Series A funding. The round was headed by venture platforms Social Capital and Tribe Capital and earned the participation of other firms like DCG, SV Angel, Blockchain Capital and Y Combinator. дальше »
2018-8-17 01:31 | |
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Bithumb Resumes Deposits, Influx of Capital Expected
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling victim to a major security […] дальше »
2018-8-3 10:06 | |
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Queensland Backs Cryptocurrency Point-of-Sale Project for Tourism
The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space. дальше »
2018-8-2 00:27 | |
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Line’s Cryptocurrency Exchange BITBOX Is Now Open for Business
Singapore-based cryptocurrency exchange BITBOX, which is also a division of Japanese internet giant Line Corporation, is now up and running. Operations began on July 16, 2018, and services are available in roughly 15 different languages to traders of every country except Japan and the U. дальше »
2018-7-19 22:38 | |
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Bithumb Crypto Exchange Set to Establish Japan and Thailand Subsidiaries
Bithumb to Establish Subsidiaries in Japan and Thailand Bithumb, one of the most prominent digital currency trading platforms in South Korea, is expanding operations into Japan and Thailand. As of now, Bithumb averages a daily trading volume of $360 million, making it the second largest exchange in South Korea. For some time now, the firm […] дальше »
2018-7-16 21:05 | |
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Litecoin’s Charlie Lee Says Bitcoin’s Lightning Network is Ultimate Exchange
Lightning Network – An Alternative to the Bancor Exchange? Charlie Lee Thinks So After undergoing an attack which resulted in the loss of $12 million, the Bancor cryptocurrency trading platform is set to resume operations. дальше »
2018-7-14 23:34 | |
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Bancor Aftermath: Charlie Lee Sees Lightning Network As ‘Ultimate’ Exchange
Self-proclaimed ‘decentralized’ exchange platform Bancor has resumed operations after a $12 million hack, officials confirmed Wednesday. Bancor Resumes Trading After ‘Scam’ Accusations Bancor — which initially lost its own BNT, Ether (ETH) and Pundi X tokens in the attack — faced a broader industry backlash as the sudden theft sparked criticism its decentralization claims were fraudulent. дальше »
2018-7-13 23:00 | |
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Augur Launches Decentralized Prediction Marketplace
Augur, a blockchain-based predictions platform, has opened to the general public. The platform becomes the “world’s first” decentralized prediction-market platform. дальше »
2018-7-10 19:14 | |
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Syscoin: Chain “Fully Operational as per Design” After “Irregular” Trade Activity
On July 3, 2018, Binance suspended all trading and withdrawal services due to "irregular" Syscoin (SYS) trades carried out "from a number of API users. " The exchange has since resumed all activities, according to a blog post. дальше »
2018-7-5 20:11 | |
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Cryptocurrency Mining Chip Supplier Warns Investors of Impending Revenue Decline
Gigabyte Technology Co Ltd announced at a recent investors’ conference that they are expecting a significant revenue drop for the second quarter of 2018. The company is a leading supplier of graphics cards and motherboards – components used in cryptocurrency mining operations. дальше »
2018-7-3 06:00 | |
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Coinbase CEO Brian Armstrong Launches Cryptocurrency Charity Fund
On June 27, 2018, Coinbase CEO Brian Armstrong announced his new cryptocurrency charity fund, GiveCrypto. Armstrong established the philanthropic venture to financially empower people with direct cryptocurrency distributions. дальше »
2018-6-29 22:17 | |
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DOJ, U.S. Agencies Seize Over $12M Bitcoin in a Slew of Dark Web Busts
The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust. дальше »
2018-6-27 20:26 | |
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Andreessen Horowitz Has Launched a $300M Crypto Fund
Andreessen Horowitz has launched a $300 million crypto fund dedicated to investing in cryptocurrencies and other blockchain-related projects. The fund, named a16z crypto, signals that the firm is diving deeper into the cryptocurrency space to grow its existing portfolio, which includes digital currency exchange Coinbase. дальше »
2018-6-27 21:34 | |
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Abandoned Intel Manufacturing Complex Bought for $13M to Mine Bitcoin
Following such places as Quebec and New York, the latest location in North America to attract large Bitcoin mining operations with a cheap supply of electricity is Colorado Springs. A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm. дальше »
2018-6-25 19:40 | |
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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses
Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. дальше »
2018-6-13 20:24 | |
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Bitcoin Miner Aspires to Launch Largest Crypto Mining Facility in the U.S.
Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York. дальше »
2018-6-11 01:16 | |
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