Kazakhstan is on track for its $ 700 million cryptocurrency mining investment goal, minister says

[ad_2][ad_1] According to Kazakhstan’s Digital Development Minister Bagdat Mussin, the country is in talks for investments in its cryptocurrency mining sector worth 300 billion tenges ($ 714 million). In early June, another Kazakh minister, while arguing against the cryptocurrency ban during a parliamentary discussion, said the country could get more …

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Sichuan Blockchain Park: Chengdu government officials welcome Bitcoin miners

[ad_2][ad_1] In mid-August, officials from China’s Sichuan province approved a number of companies mining bitcoins for the region’s legal consumption of hydroelectricity. After the Ya’an city local government decided to promote mining, Chengdu officials recently talked about welcoming cryptocurrency mining to the Hashcon 2020 event and strengthening a blockchain industrial …

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Ethereum is eating Bitcoin

[ad_2][ad_1] Ethereum, having long played the role of second fiddle to the number one cryptocurrency, bitcoin, is coming to the fore. The price of Ethereum, which has risen more than 10% in the last 24-hour trading period and added to gains of nearly 300% so far this year, lags far …

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Tether again surpasses XRP by market capitalization

[ad_2][ad_1] Tether (UDST), the largest stablecoin in the world by market capitalization, has again outperformed the major XRP altcoins. On September 1, Tether overtook XRP as the third largest cryptocurrency by market cap, becoming the second largest altcoin after Ether (ETH). As of press time, the USDT’s market cap totals …

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