Source: iStock/da-kuk Reward for mining Bitcoin (BTC) is estimated to halve in May 2020, dropping from today’s compensation of BTC 12.5 to only 6.25. The question is: how will this change the behavior of bitcoin mining companies/pools, and how will the bitcoin mining sector evolve more generally in the months and years to come? On…
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The chairs of the U.S. SEC, CFTC and FinCEN have issued a rare joint statement urging digital asset holders to comply with AML/CFT regulations. The chairmen of the three primary financial regulators in the United States have released a joint statement warning crypto users of anti-money laundering (AML) and countering the financing of terrorism (CFT)…
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Jihan Wu, CEO of mining giant Bitmain, believes the next Bitcoin block reward halving may not lead to a bull market, but the coin’s price will grow in the long term. Jihan Wu, co-founder and CEO of Chinese mining giant Bitmain, believes the next Bitcoin (BTC) block reward halving may not lead to a bull…
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Major cryptocurrency markets have seen a sharp drop today, with total market capitalization around $224 billion. Friday, Oct. 11 — Major cryptocurrency markets have continued sliding over the day, with only three coins in the top-20 list reporting gains. Cryptocurrency market daily overview. Source: Coin360 The top cryptocurrency Bitcoin (BTC) is trading at around $8,355,…
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One of China’s BTC mining giants, Canaan Creative will reportedly be listed as a publicly traded firm in the U.S. in November 2019. Chinese crypto mining giant Canaan Creative plans to list as a publicly traded company in the United States in November 2019, according to an unconfirmed report. Canaan to issue 1.26 billion shares…
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Kathleen Murphy, personal investing president of Fidelity Investments, says that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients. Kathleen Murphy, personal investing president of American financial services company Fidelity Investments, has said that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients. Murphy voiced…
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This past week in the Cryptoworld saw a lots of greenery: XRP price rallied, Chainlink jumped 33%, and then it climbed 45%, but also ETH went over USD 180, Tron went up 11%, and LTC appreciated 4.4%. And the up-‘n’-down nature of the space continues, as we’ve seen DeFi dapps growing, but also Bitfinex and…
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Boston Security Token Exchange, a platform jointly owned by BOX Digital Markets and tZERO, seeks the U.S. SEC’s approval to launch a market for security tokens. Boston Security Token Exchange (BSTX), a platform jointly owned by BOX Digital Markets and Overstock’s blockchain arm tZERO, has filed an application with the United States Securities and Exchange…
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Ethereum-based stablecoins are declining as teams increasingly use other blockchains to facilitate price-stable currencies. Just a few years ago, it was hard to imagine that a stablecoin would come to represent a significant portion of the cryptocurrency industry. Market players tended to base their money-making strategies on a cryptocurrency’s volatility rather than its stability. There…
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After the proof-of-stake consensus algorithm is implemented, Ethereum will be more costly to attack than Bitcoin, says Vitalik Buterin. After the proof-of-stake (PoS) consensus algorithm will be implemented in Ethereum’s (ETH) blockchain, it would become more secure and costly to attack than Bitcoin (BTC), co-founder Vitalik Buterin has stated. Buterin has voiced this opinion during…
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