[ad_2][ad_1] Today JP Morgan announced that it intends to start testing JPM coins to make instant payments using blockchain. It will only be used to transfer money between JP Morgan accounts held by other institutions such as banks, broker-dealers and companies. Today is Valentine’s Day, not April Fool’s Day. This …
Read More »The 700 million dollars worth of synthetic bitcoin circulates on the Ethereum blockchain
[ad_2][ad_1] According to data from onchain, there are now 69,836 synthetic bitcoin tokens (over $ 700 million) circulating on the Ethereum blockchain. Of the six synthetic bitcoin token projects, bitcoin wrapping (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin (BTC) has grown tremendously …
Read More »How bitcoin met the real world in Africa
[ad_2][ad_1] By Alexis Akwagyiram, Tom Wilson LAGOS / LONDON (Reuters) – Four months ago, Abolaji Odunjo made a fundamental change to his mobile phone business in a bustling street market in Lagos: he started paying his suppliers in bitcoin. Odunjo buys phones and accessories from China and the United Arab …
Read More »Blockchain Bites: Tether’s Dispute, Buterin’s Fix and 3 reasons for the Bitcoin sell-off
[ad_2][ad_1] Tether disputes market manipulation allegations brought to court, Vitalik Buterin submits a proposal for Ethereum’s high gas tariffs, and Voatz assessed whether a long-standing federal law on access to computers is overly broad. Upper shelf Ties disputesTether and affiliated trading group iFinex have demanded a market manipulation suit be …
Read More »IRS Tackles Crypto Micropayments, Blockchain Shipping Platforms Expand, DOJ Ties North Korea Crypto Hacks To Chinese Merchants, FBI Plot Hinders Bitcoin Corruption
[ad_2][ad_1] In this problem: • IRS addresses the taxation of cryptocurrencies received in microtasks, Swiss Enable Crypto Payments • Blockchain shipping platforms TradeLens and ShipChain expand networks • North Korean cryptographic hacks recycled by the Chinese; Launch of cryptographic compliance tools • FBI conspiracy thwarts Bitcoin corruption, Ethereum Classic suffers …
Read More »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 …
Read More »The most recent phase of Cryptocurrency Frenzy sees Porkchop, Whale Coins on the rise
[ad_2][ad_1] The risk is rampant on the financial markets. Stocks are trading at dot-com-era valuations, the IPO pipeline is full, SPACs are back, Bitcoins are heading for a record. And just at the right time, here come the crypto opportunists. Fueled by a spike in speculative appetite, cryptocurrency entrepreneurs are …
Read More »Riot Blockchain buys 8,000 of Bitmain’s latest Bitcoin miners, company aims for 1.5 EH / s by 2021
[ad_2][ad_1] Bitmain Technologies Inc. said on Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $ 17.7 million. In a blog post, the Chinese cryptocurrency mining hardware maker said the machines will be delivered in batches of 2,000 in four …
Read More »Bitcoin mining can be profitable if you generate energy
[ad_2][ad_1] Bitcoin mining at 20MW, Greenidge’s team located in the Finger Lake region of New York State, … [+] plans to ramp up its cryptocurrency operations. This local electricity company is now a blockchain hybrid business model. Greenidge The Finger Lake region of New York is known for its wine …
Read More »You can now trade Litecoin on the Ethereum blockchain with Kyber
[ad_2][ad_1] The Kyber Network, a decentralized chain-based cryptocurrency exchange, has just listed the Ethereum-compatible pLTC token, a new cross-chain token developed by the pTokens project. Announcing the news to Cointelegraph on August 3, Kyber Network said pLTC tokens will be accessible via KyberSwap and other decentralized apps, or DApps. They …
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