Day: August 20, 2019

Top-5 States With Welcoming Regulations

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On Aug. 14, at least two American states introduced regulatory actions targeting the crypto space. First, Maryland’s attorney general announced that the state is participating in Operation Cryptosweep, a joint initiative of state and provincial securities regulators in the U.S. and Canada, wherein they launch probes into potentially fraudulent or noncompliant crypto investment programs. Then, the state of Nevada unveiled new requirements for crypto ATM owners, obliging them to obtain a transmission license. The first location granted by the license will cost business owners as much as $10,000, while every…

High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

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On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt Whatsminer M20S, generating a whopping 68-70 terahash per second (TH/s). Also read: Another Self-Proclaimed Satoshi Fails to Sway Crypto Community Bitcoin’s Hashrate Keeps on Climbing After the birth of application-specific integrated circuits (ASICs) built for…

High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

boss

On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt Whatsminer M20S, generating a whopping 68-70 terahash per second (TH/s). Also read: Another Self-Proclaimed Satoshi Fails to Sway Crypto Community Bitcoin’s Hashrate Keeps on Climbing After the birth of application-specific integrated circuits (ASICs) built for…

Crypto Exchange Rokkex Incorporates Ledger Vault to Improve Security

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French hardware wallet producer Ledger will provide its asset management system to Estonia-based crypto exchange Rokkex. Cybersecurity-focused exchange Built by Lithuanian cybersecurity and fintech professionals, Rokkex will integrate its trading platform with Ledger’s enterprise wallet management solution Ledger Vault to secure its crypto assets, according to a press release shared with Cointelegraph on Aug. 20. Lukas Krikstaponis, Rokkex’s co-founder and CEO, said that the platform has successfully tested Ledger’s technology on its platform to date Demetrios Skalkotos, global head of Ledger Vault, explained: “Rokkex’s customers expect full transparency and protection…

Polkadot Cuts Deal with Blockchain – 41M Wallets to get Polkadot.Network DOTS

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About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

Polkadot Cuts Deal with Blockchain – 41M Wallets to get Polkadot.Network DOTS

boss

About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

How to Choose the Right Cryptocurrency Exchange

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Cryptocurrencies have taken the world by storm. Cryptocurrency trading has become a profession and even a hobby for many investors around the world. With multi-digit percentage fluctuations every day, the opportunities that are available in this market are immense. Just like a stock exchange, cryptocurrency exchanges are facilitators of crypto trading. Users need to signup on these platforms to start trading digital assets. With hundreds of different cryptocurrency exchanges out there, it becomes very difficult for a user to choose an exchange that satisfies all his/her needs. Let us now…

Bitcoin Becoming Reserve Asset for Altcoins: Ark Investment

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A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi. But another factor may be lifting bitcoin as well: altcoins. New York-based Ark Investment showed in its research that altcoin capital is fleeing into the bitcoin market. Almost every alternative cryptocurrency has established its low against bitcoin since the spike in 2017. Ethereum’s ETH, for instance, is now down…

Crypto Will Continue to Grow Mainly Outside the US

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CEO of online travel giant Booking Holdings believes that blockchain-based currencies will continue to grow and gain more popularity. Glenn Fogel, recently appointed CEO of Booking, expressed his support of cryptocurrencies in an interview with New York-based travel publication Skift on Aug. 20. In the interview, Fogel discussed blockchain and crypto alongside with major issues in the travel industry, including over-tourism. Potential for a new global currency When asked about the future of payment systems in travel, the Booking CEO emphasized that it needs to be seamless, adding that data…

Bitcoin Price Rose as NY Supreme Court Denies Bitfinex’s Claim

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The New York Supreme Court ruled that the matter between the state’s Attorney General and iFinex, the parent company of the exchange Bitfinex, may continue. The New York Supreme Court ordered the New York Office of the Attorney General (NYAG) to process with their investigation and prosecution of iFinex, the parent company of cryptocurrency exchange Bitfinex, and stablecoin issuer Tether. In a court order filed on August 19, New York State Supreme Court Judge Joel M. Cohen dropped a motion by iFinex to toss the suit because it was beyond…