Tag: news.bitcoin
Blockchain
Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner that boasts speeds of up to 198 terahash per second (TH/s) The new model is
Blockchain
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
After Bitcoin’s mining difficulty jumped to the highest value ever at 2664 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price This weekend,
Blockchain
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes Data shows cryptocurrency spot market volume has
Blockchain
Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year
The value locked in decentralized finance (defi) has dropped 2122% since January 4, 2022 At the time, the total value locked (TVL) in defi was $25584 billion and today, the TVL is around $20155
Blockchain
Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction The lawyer adds that the exchange’s physical
Blockchain
Zimbabwe Signs Agreement Enabling Collection of Taxes From Crypto and E-Commerce Entities
The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited which enables the latter to collect taxes from crypto and other content providers Zimbabwe’s Stance on
Blockchain
Bastyon Inventor Daniel Satchkov Explains the Importance of Using an Open Source Social Media Platform
Bastyoncom is a social platform built on the Bitcoin foundation It is decentralized with no central serve Bastyon’s codebase is open source, and everything is governed by the users themselves
Blockchain
Decommissioned Power Plant in Armenia to Host Crypto Mining Farms
Armenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant The TPP will be decommissioned and the government intends to rent it out to
Blockchain
Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says
Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested The statement comes after Bank of
Blockchain
World’s Largest Asset Manager Blackrock Files for Blockchain Tech ETF
The New York-based multinational investment management corporation Blackrock has filed an application with the Securities and Exchange Commission (SEC) for a blockchain tech exchange-traded fund
Blockchain
Union Bank of Philippines to Offer Crypto Trading and Custodial Services
One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services “It’s a way to future-proof our banking business,”
Blockchain
Elon Musk Criticizes Twitter — Gets Blasted for Using Tesla to Promote Crypto, Dogecoin
Tesla and Spacex CEO Elon Musk has criticized Twitter for using its engineering resources to provide a non-fungible token (NFT) profile picture service “Twitter is spending engineering
