Category: cryptocurrencies

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Will Google’s Quantum Supremacy Break Bitcoin in 2020?

The crypto community should be ready for the inevitability of quantum computing: It’s not as distant a future as it might seem. The topic of quantum computing has been steadily gaining interest within the cryptosphere, particularly so over the past 12 months. Given the heightened curiosity and concern, it is worth resolving some open questions…
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Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client

Tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin mining machines at its facilities in British Columbia, Canada. Canadian tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in British Columbia.  Per a Jan. 6 press release, DMG has purchased the new miners from…
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Blockchain and Crypto: Will Security Issues Finally Be Dealt With in 2020?

The lack of security has remained as the main issue in crypto space. What could possibly be changed in 2020? The past few years have been a watershed moment for security in crypto. As the asset class has gained popularity, more and more security breaches have been highlighted and more institutions targeted. The burgeoning industry…
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US Grand Jury Indicts Ethereum Researcher Virgil Griffith Over North Korea Trip

The United States District Court for the Southern District of New York indicted Ethereum Foundation researcher Virgil Griffith on Jan. 7. The United States District Court for the Southern District of New York has filed an indictment against Ethereum Foundation researcher Virgil Griffith on Jan. 7. According to a court filing on Jan. 7, a…
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Crypto Lending Firm BlockFi Adds Support for Litecoin and USD Coin

BlockFi, a major cryptocurrency lending firm, has added two new assets to its offering, Litecoin and USD Coin. Major cryptocurrency lending company BlockFi has added support for two new assets to its list of supported digital currencies. According to a press release shared with Cointelegraph on Jan. 8, the firm has added major altcoin Litecoin…
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3,000 New S17 Pro Antminers Start Operation at Riot’s Oklahoma Crypto Mine

Mining firm Riot Blockchain has begun deploying around 3,000 new S17 Pro Antminers as part of an upgrade of its Oklahoma City mining facility. Digital currency mining firm Riot Blockchain has begun deploying around 3,000 new units of S17 Pro Antminers as part of the full upgrade of its Oklahoma City mining facility. Per a…
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Binance Charity Launches Relief Effort for Australian Bushfires

To address the after-effects of the bushfires in Australia, Binance Charity Foundation is donating $1 million in BNB tokens to the Australia Bushfire Donations project. To address the after-effects of the bushfires in Australia, the Binance Charity Foundation (BCF) is donating $1 million worth of BNB tokens to the Australia Bushfire Donations project. In a…
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Major South Korean Crypto Exchange Bithumb Launches R&D Center

South Korean cryptocurrency exchange Bithumb establishes its own research and development center. South Korean cryptocurrency exchange Bithumb has established its own research and development (R&D) center. According to an announcement on Jan. 6, the initiative makes Bithumb the first company with a blockchain and cryptocurrency research center in South Korea. Bithumb expressed high hopes for…
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Crypto Custody, Explained

Crypto custody is the latest buzzword in the industry — but does it have the potential to interest institutional investors in digital assets? Where next for crypto custody? Financial institutions, regulators and investors are continuing to grapple with the issue of crypto custody. Hearing stories from those who are plugged into these discussions can offer…
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Binance Crypto Exchange Adds Support for Australian Dollars and Thai Baht

Major cryptocurrency exchange Binance has added support for Australian dollars and Thai baht. Major cryptocurrency exchange Binance added support for Australian dollars (AUD) and Thai baht. Binance announced support for the national currencies in separate releases on Jan. 7. Thai digital asset exchange Satang Corporation will process Thai baht transfers, while Australian dollar transfers will…
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