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Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin
3.10.2019
Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...
Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners
30.9.2019
A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry
Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
30.9.2019
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...
Traders Bemoan New Localbitcoins Identity Requirements
28.9.2019
Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money...
Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices
25.9.2019
On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday...
Ripple (XRP) Shows an 11% Drop; Falls to $0.23 Overnight
25.9.2019
Ripple loses 11% on the last day to be placed at 0.23 USD. The next support may fall at 0.21 USD. Following the disastrous trend of the market, XRP has also made an overall loss of 11.8% in the last one day. The value is roaming around 0.2391 USD now. The five major price swings …
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Bitcoin Cash Acceptance and Community Growth Ramp Up
23.9.2019
Bitcoin Cash (BCH) adoption continues this week as there’s been a slew of announcements associated with BCH acceptance and activism. For instance, a massive electronic billboard in the middle of Tokyo displayed a huge BCH symbol indicating that Japan’s largest luxury watch and jewelry...
Despite Setbacks, Darknet Markets Show Continuous Growth in 2019
9.9.2019
Since the birth of the Silk Road, there’s been a cat and mouse game between global law enforcement and darknet market (DNM) operators. Over the last two years, law enforcement agencies have knocked out a slew of markets like Hansa and the massive Alphabay. Months later, Dream and Wall Street...
Massive $1 Billion Bitcoin Whale Transaction Makes Waves
6.9.2019
Crypto exchange Huobi is investigating a massive move of 94,505 BTC from its wallets
Keene New Hampshire Is Not Only a Libertarian Enclave – It’s Also a Crypto Mecca
6.9.2019
Over the last few months, there’s been a lot of attention directed toward destinations like Slovenia, North Queensland, Japan, and Venezuela which capture the largest number of bitcoin cash merchants worldwide. Another region that’s seen a massive influx of BCH adoption is Keene,...
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Vendors of Microsoft Products Bags Massive $7.6 Billion Contract from the US Government
30.8.2019
Over the years, tech companies and vendors have become some of the most powerful entities in the world due to the very nature of the services that they can provide. The sort of products that some of the biggest tech companies in the world have come up with are now not only used in households...
The Best (GraphQL) API is One You Write
30.8.2019
Listen, I am no GraphQL expert but I do enjoy working with it. The way it exposes data to me as a front-end developer is pretty cool. It's like a menu of available data and I can ask for whatever I want. That's a massive improvement over REST and highly empowering for me as a front-end developer...
3 Key Indicators Suggest Bitcoin Price Is Ready for a Massive Move
28.8.2019
BTC price is consolidating around $10K as a massive move seems to be aligning with the Bakkt launch date next month
Alibaba’s Massive $15 Billion Listing in Hong Kong Postponed
21.8.2019
It is a well-known fact that some of the biggest companies in China almost always have their initial public offerings in the United States and that was the case with Alibaba when it had its mega IPO in New York around half a decade ago. The biggest e-commerce company in China has grown at...
High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate
20.8.2019
On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash....
Fiat Lite vs. Freedom Maximalist: The Two Types of Bitcoiner
19.8.2019
As regulation continues growing exponentially for cryptocurrencies worldwide, a chasm is yawning ever deeper between supporters. On the one hand, many yearn for massive adoption and clear regulations so they can get on with their trading, and get on with their lives – not to mention...
Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...
Ripple Is Giving Away 1 Billion XRP in Massive Bid to Fund Online Content
15.8.2019
Ripple is making a major investment in Coil, a media platform that pays content creators XRP
Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide
9.8.2019
Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup...