Altcoins / 5:32 am

Bitmain co-founder speaks about the dilemma between privacy and security

On 21 September, Jihan Wu, the co-founder of Bitmain spoke about the privacy and security aspect of the blockchain technology, during the World Digital Mining Summit, hosted by Bitmain and BitKan. Bitmain is a private company headquartered in Beijing, China. It is known to be one of biggest Bitcoin mining biggest company and the largest ASIC […]

australian dollar / 4:29 am

Bit Trade partners with blockchain company to launch an Australian dollar-backed stablecoin

On 21st September, Bit Trade, an Australian cryptocurrency exchange platform announced its partnership with Emparta, a blockchain company that provides infrastructure for employment. Through this collaboration, Bit Trade and Emparta aim to build and launch the first Australian dollar-backed stablecoin. Stablecoins are digital currencies that are pegged to a stable asset such as gold or fiat […]

Bitcoin / 2:19 am

$6,700: Bitcoin Price Charts Bullish Reversal as Altcoins Surge

Bitcoin (BTC) has taken a bullish turn over the last 24 hours, as sharp gains are also seen across a number of alternative cryptocurrencies (altcoins). As of writing, the leading cryptocurrency is trading at $6,700 on Bitfinex – up 4.6 percent on a 24-hour basis – having hit a 16-day high of $6,745 earlier today. […]

Asia-Pacific / 1:17 am

Reports: Taiwan Police Arrest Cody Wilson Following Assault Charges

Taiwan police have arrested Cody Wilson just days after U.S. police accused him of sexually assaulting a minor, a CBS affiliate reported Friday. Citing the Taiwan Criminal Investigation Bureau (CIB), CBS Austin said Wilson was arrested this morning. The arrest was seemingly confirmed by the Taiwan News, a 60-year-old media outlet based in the country. […]

Bitcoin / 12:17 am

The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret

This week’s major bitcoin bug was even worse than developers initially let on. The bug originally rocked the bitcoin world when it was reported the vulnerability could be used to shut down a chunk of the network. While this sounded bad enough for many, it turns out developers for Bitcoin Core kept a second, bigger part […]

Brazil / 11:15 pm

Brazil’s Largest Independent Broker Is Launching a Crypto Exchange

The parent company of Brazil’s largest independent broker is setting up a cryptocurrency exchange, Bloomberg reported Thursday. Grupo XP, which owns brokerage firm XP Investimentos, plans to launch the platform in the “coming months,” the news source said, adding it will support trading in bitcoin and ethereum. However, despite the notable move, the firm seems […]

Cryptocurrency / 10:13 pm

XRP Shot Up 75% During Friday’s Bullish Trading Session

The price of XRP spiked as high as 75 percent above its opening price at one point during Friday’s trading session amidst a broader market bull parade. At roughly 14:45 UTC, the price of XRP rose to a peak of $0.77 – representing a 75 percent increase from its opening price of $0.45, according to […]

ASICs / 9:10 pm

Bitmain CEO Announces New 7nm Bitcoin Mining Chip

The bitcoin mining industry is having an exciting couple of days. Just a day after Bitfury revealed a new 14nm mining chip called the Bitfury Clarke, Bitmain has upped the ante with the announcement of a new 7nm application-specific integrated circuit (ASIC) processor that it says offers better hashing power and energy efficiency over older models. The […]

Cryptocurrencies / 8:08 pm

US Congressman Drafts Bills to Aid Blockchain Development

U.S. Representative Tom Emmer wants to support the development and use of blockchain technology and cryptocurrencies. To that end, the lawmaker announced a trio of blockchain-focused bills Friday, saying he intends to introduce them into Congress in the coming weeks. The bills tackle a range of issues around the blockchain space, including development, miners and […]

Bitcoin / 7:07 pm

Novogratz Says Crypto Market Showing ‘Classic Bottom’

Michael Novogratz, the founder of the cryptocurrency asset management firm Galaxy Digital, believes the market has hit a bottom. The market is experiencing “seller fatigue,” Novogratz contended while speaking at Yahoo Finance’s second annual All Markets Summit on Thursday, and added further that bitcoin, the biggest cryptocurrency by market capitalization, is now on the upswing. […]

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