LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19. Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic this year. It stated that over 10,000 blockchain companies were established between January and July. …
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How Bitcoin’s third halving, Ethereum 2.0’s launch and the COVID-19 pandemic are affecting the crypto mining industry. Although over two months have passed since the halving happened on the Bitcoin network, the crypto mining industry is still heaving from the frantic pace of events that have followed suit. The rollercoaster of hash rates has left…
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Hacks into crypto exchanges target open-source libraries and take advantage of inside jobs researchers said. Researchers at the Black Hat security conference revealed that crypto exchanges might be vulnerable to hackers. Although crypto exchanges have high privacy and security to protect their funds, researchers still found three ways hackers can attack these crypto exchanges, according…
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In the emerging global crypto economy, crypto mining is probably going to remain and even become more profitable in the upcoming years. Miner profitability metrics are based on a handful of factors regulating difficulty and emission, which are hard-coded into the blockchain’s attributes, making it predictable to work with. While predictability does not always immediately…
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There are about 800 crypto funds today, making it a daunting task for investors to decide how to invest. With about 800 crypto funds relying on a new asset class, which has its own properties, it is essential to assess them through an appropriate framework. We provide a basic framework of useful metrics to assess…
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Dr. Stallman spent most of his time advocating for free software, but nowadays, he has been adopting a critical stance on cryptocurrencies. Dr. Richard Stallman is well-known for his free software movement activism. His speeches and work revolve around a term: freedom. And it is precisely that word that prompted Stallman to launch the GNU…
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The new Russian “crypto” law provides a regulatory regime for tokenized securities and has no regulation for cryptocurrencies. Russian legislators have passed the nation’s first crypto law after discussing crypto regulation for the last five years. The bill, titled “On Digital Financial Assets,” has had dozens of versions that have varied from one another massively.…
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It is high time for traditional financial institutions to see that the crypto industry has matured enough and does not possess high risks. Crypto cards have become a must-have for many crypto services. Hoping to reduce the risk of blocking transactions, companies have been looking again and again for reason why their customers should use…
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The Haeundae Beach System in Busan is part of a pilot project that aims to offer crypto payment solutions to beachgoers in the summertime. A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest beaches of the country for tourists to use. According to ZDNet…
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The PFSA warns scammers are asking people to send cryptos to verify a transaction’s legality before depositing them in a fake investment fund. The Polish Financial Supervision Authority, or PFSA, issued a warning on the surge of scammers offering fake crypto investment opportunities, which they claim to be the only authorized investment fund in Poland.…
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