Archiv für November 2019
Ethereum (ETH) 2.0 Upgrade May Revive Staking in 2020
Ethereum (ETH) may bring another round of staking enthusiasm if it moves forward to further replace mining in 2020. New Staking Projects Appeared in the Past Year Staking coins may come in fashion again, as passive income and slow growth replace previous highly speculative uses. Staking is nothing new in the crypto space, but this…
WeiterlesenIMF Calls on Georgia to Evaluate Crypto Income for Trade Balance
The International Monetary Fund (IMF) recommends that Georgia include the income from crypto trade and mining in its foreign trade balance reports. IMF Welcomes More Transparency on Crypto Mining The IMF’s suggestion is quite relevant, given that Georgia is currently the 4th largest producer of digital currencies from mining operations. Thus, the government should take…
WeiterlesenDe Facto Crypto Ban Will Be Hard to Achieve, Official Says
Russia may prohibit crypto payments for goods and services, but achieving such a ban might be quite difficult. This is the conclusion of Anatoly Aksakov, Chairman of the State Duma Committee on Financial Market. Ban Enforcement Might Be Challenging Aksakov told local media that enforcement on the use of crypto for payments is difficult from…
WeiterlesenEthereum Researcher Arrested by FBI but ETH Price Unfazed
Ethereum Foundation member Virgil Griffith was arrested on Thursday for traveling to North Korea to hold presentations regarding crypto and blockchain technologies and their use for evading sanctions. ETH price, however, has remained unaffected by the news. Manhattan U.S. Attorney’s office released an announcement about arresting Virgil Griffith. Griffith is a US citizen and an…
WeiterlesenWhy is Russia Mirroring China’s Anti Crypto Stance?
Reports are emerging that Russia’s stance on crypto has turned negative. The news comes in the wake of a week of FUD stemming from another ‘bitcoin ban’ in China. It is no surprise that central banks do not favor decentralized currencies in a world where they’re racing to launch their own ones. Russian Central Bank…
WeiterlesenIDAX Admits CEO Has Vanished With Cold Wallet Keys
The International Digital Asset Exchange (IDAX) admitted the news that its CEO went missing, locking the exchange out of the cold storage wallets. Reports of Missing CEO Turned Out Real The IDAX exchange stated it went through maintenance, while Weibo.com reported rumors from workers that the CEO went missing. In a previous notice, the exchange…
WeiterlesenBinance CEO Clarifies Situation on Crypto in China
In a recent interview, the enigmatic chief executive of crypto exchange Binance expressed his views on the current situation in China. There has been a lot of unwarranted FUD emerging in the mainstream media regarding another crypto crackdown but is it all warranted? China and Crypto: Nothing New The forty-minute interview conducted on YouTube with…
WeiterlesenGerman Banks Could Store Bitcoin and Provide Crypto Services Soon
Cryptocurrencies might finally go hand in hand with traditional money services. Starting from 2020, it might be legal for German banks to sell cryptocurrencies like Bitcoin and provide custody solutions, local media reports. Germany Welcomes Cryptos with Open Arms Currently, financial institutions operating in Germany are not allowed to directly sell cryptocurrencies to their clients.…
WeiterlesenTwitter CEO Sees Big Future for Bitcoin in Africa
Twitter CEO, Jack Dorsey, recently published a tweet in which he announces his move to Africa, as he believes that the continent will ‘define the future.’ Africa has always been a fascinating continent to a lot of people, and according to one recent tweet, Twitter’s CEO Jack Dorsey feels the same. However, while many people…
WeiterlesenBitmain’s Jihan Wu Announces Two New Antminer 17 Miners
This week, Bitmain Co-Founder, Jihan Wu, announced the launch of two new Antminer 17 series miners at the World Digital Mining Summit. The World Digital Mining Summit saw quite a bit of discussion earlier this year in October, but also a few very important announcements. One of them came from Jihan Wu, the co-founder of…
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