Bitmain co-founder Jihan Wu claimed that he was removed from the company without his consent and has said he will return, by legal methods if necessary. Micree Ketuan Zhan, the co-founder of major Chinese Bitcoin (BTC) mining hardware producer Bitmain, claimed that he was removed as a legal representative of the company without his consent.…
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Calibra CEO David Marcus said the firm is investigating how it can appoint an auditor to ensure that financial data and personal data from Facebook do not intermingle. Calibra cryptocurrency wallet CEO David Marcus spoke at the New York Times Dealbook Conference in New York City where he discussed the worldwide regulatory scrutiny the stablecoin…
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Trading strategies that yield consistent profit can be hard to find but crypto analyst PlanB says it’s possible to gain 7-10% per year from Bitcoin. Trading crypto assets, or any market for that matter, is a zero-sum game. When one person wins, someone else must lose, making trading highly competitive. That being said, consistently profitable…
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U.S.-based cryptocurrency exchange and wallet service Coinbase is now introducing staking rewards for all Tezos holders on the exchange. United States-based cryptocurrency exchange and wallet service Coinbase said today that it has expanded access for staking the cryptocurrency Tezos (XTZ). In a blog post on Nov. 6, Coinbase announced that it is now introducing staking…
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Humanoid robot Sophia returned to the Web Summit stage in Lisbon to admit that she does know about cryptocurrencies, but has not yet used them. The humanoid robot named Sophia returned to the Web Summit stage, where she fielded questions from participants and journalists, including inquiries about blockchain technology and cryptocurrencies. On Nov. 6, Sophia…
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U.S. authorities have charged a New York man with wire fraud for scamming users in a digital currency scheme dubbed Igobit. The Office of United States Immigration and Customs Enforcement’s Homeland Security Investigations and prosecutors for the Southern District of New York have indicted a man for allegedly participating in a cryptocurrency scheme dubbed Igobit.…
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Open-source public blockchain project Nervos has announced the launch of its mainnet dubbed Lina on Nov. 16. Nervos Network, an open-source public blockchain project, has announced the launch of its mainnet dubbed “Lina.” In an announcement on Nov. 6, the Chinese blockchain network founded by the creators of Spark Pool, the largest Ether (ETH) mining…
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The Dai stablecoin has hit its 100 million token debt ceiling ahead of an upgrade to its collateral protocol. The Dai (DAI) stablecoin has reached its 100 million token debt ceiling, meaning that there are currently 100 million Dai tokens minted. Data from Etherescan shows there are the top 100 holders of the Ethereum-based stablecoin…
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Following President Xi’s statement, China is now actively pursuing blockchain development through regulation, promotion and application. After President Xi Jinping called to speed up the development of blockchain technology in the country on Oct. 24, blockchain-related news from China just keeps on coming as the country is seemingly eager to beat the United States (or…
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A Russian newspaper says it has seen a copy of the much-awaited draft law “On Digital Financial Assets” – a piece of legislation that might decide the fate of cryptocurrencies in the country. However, local experts do not agree what this draft means exactly. RBC states that “two sources familiar with the matter” confirmed the…
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