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Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
5.5.2020
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7.3 million setting up the mining facility, located...
90 Million More People Can Now Spend Crypto With TenX
4.5.2020
TenX’s popular Visa debit card—which lets you spend cryptocurrency without having to manually top up—has launched in Germany and Austria. It supports Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), all of which can be spent anywhere that accepts Visa thanks to the card’s unique auto-convert...
ICE Spent ‘Nearly $300M’ Helping Bakkt Acquire Loyalty Firm Bridge2
30.4.2020
ICE spent close to $300 million acquiring Bridge2 Solutions for Bakkt, CEO Jeffrey Sprecher said in an earnings call Thursday
Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours
21.4.2020
The Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation said it spent only $2.68 million from an initial budget of $3.24 million. The report says: Our budget reduction primarily stems from cancelling...
Building a Scalable CSS Architecture With BEM and Utility Classes
21.4.2020
Maintaining a large-scale CSS project is hard. Over the years, we’ve witnessed different approaches aimed at easing the process of writing scalable CSS. In the end, we all try to meet the following two goals:
Efficiency: we want to reduce the time spent thinking about how things should...
This Visa Credit Card Gives Bitcoin Rewards on Dollars Spent
9.4.2020
Bitcoin rewards for dollars spent. That's the allure of a new Visa credit card from e-commerce startup Fold
Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon
13.2.2020
U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations...
IBM Blockchain VP: Every Dollar Spent on Blockchain Yields $15 on Cloud
10.2.2020
Enterprise blockchain is a catalyst for further spending at Big Blue, according to Jerry Cuomo, IBM’s vice president of blockchain technologies
Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin
7.2.2020
Billionaire investor Warren Buffett received his first bitcoin and several other cryptocurrencies during a dinner with five cryptocurrency advocates, led by Justin Sun who spent $4.57 million to secure a meal with the multi-billionaire. They discussed a number of topics, including whether Tesla...
Crypto’s Dotcom Era Begins as Handshake Launches Decentralized Domains
5.2.2020
Handshake, one of the more original crypto projects to have spawned during the ICO era, has completed its long-awaited launch. The decentralized domains registrar, founded by MIT engineers, has spent the last year in stealth mode but is now opening up to the general public. The Handshake protocol...
Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends
26.1.2020
The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin...
Alexander Vinnik Accused of Laundering Billions Through BTC-e Extradited to France
25.1.2020
Alexander Vinnik, the Russian-born IT specialist who spent over two years in detention in Greece, where he was arrested on a U.S. warrant, is now in Paris. The alleged BTC-e operator, suspected of laundering at least $4 billion through the now defunct crypto exchange, has been handed over to France...
Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
22.1.2020
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still...
Ripple Spent Less Lobbying but Had More Lobbyists Working With Trump's Staff
17.1.2020
Donald Trump, the President of the U.S. Source: a screenshot, Instagram, realdonaldtrump
Compared to 2018, California-based blockchain startup focusing on payment technologies, Ripple, had more lobbyist but spent less on lobbying in the first three quarters of 2019, according to OpenSecrets.org...
Indian Supreme Court Hears In-Depth Arguments Against RBI Ban
15.1.2020
India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside...
Telegram Rejects SEC Request to Hand Over Bank Records for TON
5.1.2020
Telegram Group, the company behind the TON blockchain project, has reportedly refused to share information with the SEC showing how much it spent of the $1.7 billion raised from investors in the past couple of years and where. In a recent court filing, the securities regulator alleges that Telegram...
Telegram Refusing to Tell SEC How It Spent $1.7 Billion of ICO Cash
3.1.2020
SEC demands financial records of Telegram ICO
The New Klim Type Website is Impossibly Lovely
4.12.2019
I’ve spent the last hour hunched over the new Klim Type foundry website with my arms outstretched as if it was a fire in a very dark cave. Klim Type makes and sells wondrous fonts — like Tiempos, and National 2 or Pitch — and this fresh redesign now showcases them in all their glory. Here’s...
‘Lost Coins’ Study Estimates BTC’s True Supply
19.11.2019
Many people like the fact that Satoshi Nakamoto introduced a capped supply of 21 million coins when he created the Bitcoin protocol. However, there’s been a lot of speculation aimed at guessing the number of ‘lost coins’ that will never be spent. On November 19, the digital...
The Department of Useless Images
18.11.2019
Gerry McGovern:
The Web is smothering in useless images. These clichéd, stock images communicate absolutely nothing of value, interest or use. They are one of the worst forms of digital pollution because they take up space on the page, forcing more useful content out of sight. They also slow down...