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Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17%

Bitcoin’s hashrate has plunged by 16.94% over the past 24 hours after the Chinese province of Sichuan directed energy companies to stop providing BTC miners with power. A report unveiled this news on June 19, noting that the province took this step after a meeting between China’s Science and Technology Bureau and the Sichuan Ya’an […] The post Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17% appeared first on Invezz. дальше »

2021-6-21 17:06


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“The Next Crash Will Be Brutal!” Top Crypto Critic Peter Schiff Asserts After His Son Went All-In On Bitcoin

On Thursday, renowned cryptocurrency arch-critic, Peter Schiff, took to Twitter to lament Bitcoin’s growing influence on his family. Struck by the decision of his 18-year-old son, Spencer Schiff, who took an 8% interest loan off Coinbase to fetch some bitcoin into his asset satchel, Peter tweeted a hot swipe at HODlers by labeling his son’s […] дальше »

2021-6-20 20:21


Paraguay Follows El Salvador In Tabling Bitcoin Bill, The Crypto Revolution Is Happening

As confirmed by Paraguay’s National Deputy, Carlitos Rejala, plans are in place to discuss the formal legalization of Bitcoin next month. Since El Salvador took the progressive step of recognizing Bitcoin as legal tender, politicians from several other Latin American countries have also signaled a similar intent. So far, on the list of potentials to […] дальше »

2021-6-19 03:00


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Pundit Lampoons Bitcoiners For ‘Worshipping’ Elon Musk, Michael Saylor, and El Salvador President, Nayib Bukele

Popular Bitcoin developer, Johnathan Corgan, took to Twitter to express sordid displeasure over what he terms “the emergence of celebrity worship” in the Bitcoin sphere. Citing Elon Musk, Michael Saylor, and El-Salvador’s president Nayib Bukele, as the recently crowned demi-gods of the bitcoin blockchain, Corgan was quick to point out a growing trend of excessive […] дальше »

2021-6-17 21:23


Block.one Settles its Class Action Lawsuit for $27.5 Million

Block. one has made a $27. 5 million settlement to resolve the class-action lawsuit launched by the Crypto Assets Opportunity Fund. The lawsuit was related to the company’s token sale that took place between June 2017 and June 2018, in which it raised the biggest ever initial coin offering (ICO) funding of $4 billion and various subsequent […] The post Block. дальше »

2021-6-13 15:47


Do You Want To Design Bitcoin Related Products? Start Here

The Bitcoin ecosystem never ceases to amaze. A group called Bitcoin Design Community realized there was a hole in the knowledgebase, a “startling lack of reference resources” for designers. They took justice into their own hands and produced a phenomenal guide that’ll be useful for both beginners and old-school veterans alike. The best part, the […] дальше »

2021-6-3 11:55


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Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million

Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This is just the last of a series […] дальше »

2021-6-1 23:00


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Popular On-Chain Analyst Explains Why Bitcoin Could Either Hit $59k or Crash to $20k in the Short Term

As of publication, the bitcoin market is correcting upwards as the bulls strive to take over, temporarily putting an end to the widescale bearish market trend. Bitcoin could hit $59k or go as low as $20k in the coming weeks The market recently took a downward reversal as Bitcoin slid to $31k, Sustaining losses of […] дальше »

2021-6-1 16:19


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Bank of America joins the Paxos blockchain settlement network

Bank of America (BofA), the second-largest bank in the US, has joined the Paxos Settlement Service, a platform that leverages the blockchain to settle stock trades in minutes. A report unveiled this news on May 17, noting that this change will help the bank avoid the lengthy, antiquated settlement system, which took days to complete […] The post Bank of America joins the Paxos blockchain settlement network appeared first on Invezz. дальше »

2021-5-19 13:52


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deFIRE Raises $5 Million in Pre-IDO Funding Round to Enable Defi on Cardano

deFIRE, a decentralized financial platform incubated by Occam.fi and powered by Changelly, has announced the closure of its round of funding with $5 million led by strategic private investors. According to DeFIRE, the private investors who took part in the latest round of funding include Morningstar, Cryptodromfund, SwissBorg Ventures, Lotus Capital, MoonWahle, Hype Partners, Axia8 […] дальше »

2021-5-14 22:53