Monthly Archives: March 2018

Bitmain Opens Repair Center in Russia

Leading manufacturer of crypto mining equipment Bitmain has opened a service center in Russia. Miners in the country will be able to repair their ASIC rigs locally, saving both time and money. Previously, they had to send faulty equipment back to China, dealing with customs formalities and paying costly shipping.   Also read: Ant Creek: Is Bitmain Quietly Developing a Mining Facility in the US? Bitmain to Repair ASICs in Irkutsk Bitmain, one of the largest cryptocurrency miners and a leading manufacturer of equipment for bitcoin mining, […]

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Finnish Crypto Exchange Risks Collapse As Banks Refuse To Do Business

Finnish cryptocurrency exchange and crypto wallet Prasos Oy faces a critical situation as 4 out of 5 banks blocked its transactions. Finnish cryptocurrency exchange and crypto wallet services provider Prasos Oy is one step from being “frozen”, as most Finnish banks will no longer conduct business with them, Bloomberg reports March 9. Founded in 2012, Prasos has seen a ten-fold spike of transaction volumes reaching $185 mln in 2017, which became a subject of concern among the banks. Finnish banks do not have a codified set of […]

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Binance Offers $10 Million Hacker Bounty

In the wake of Wednesday’s market manipulation incident which caused all kinds of mischief, Binance has issued a hacker bounty. A total of $10 million has been earmarked towards catching hackers and other unscrupulous attackers, with $250,000 offered for information leading to the prosecution of last week’s viacoin pump and dump perpetrators. Also read: Bots Blamed for Binance Bug That Leaves Traders Reeling Binance Fires a Warning Shot Last week, attackers pumped the price of viacoin, using compromised Binance accounts to do their dirty work. The plan was […]

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Qarnot QC-1 Claiming to be the First Crypto Heater

All crypto miners know that the heat produced by their mining equipment is one of the biggest challenges they need to overcome in order to have problem free mining. The heat is essentially not used for anything and becomes a waste product, though some people manage to find clever uses for heating in the winter for example or other interesting ideas. It has however been a problem for a commercial solution to be available to both mine and properly utilize the excessive heat produced, up until now […]

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Crypto Advertisers On Google Adwords Report Ad Suspensions And Account Terminations

Some advertisers of crypto-related businesses and ICOs using Google Adwords are seeing their ads and accounts suspended or terminated. Some advertisers using Google Adwords to promote cryptocurrency related businesses are seeing a drop in their ad views, with other users posting about suspension of both their ads and their accounts, Finance Magnates reported on March 8. According to data given to Finance Magnates anonymously by an Initial Coin Offering (ICO) marketing company, the views of its advertisements through Adwords have dropped by the thousands. Below is a […]

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Adding Bitcoin Cash and Litecoin Is Main Goal of 2018 for Gemini Exchange

Bitcoin cash and litecoin futures might be coming to Cboe as soon as this year. The Gemini exchange, which supplies the data feed for the trading venues’ recently launched bitcoin futures, has as its top priority for 2018 adding support for trading new currencies, starting with two of the top five coins by market cap. Also Read: Chinese Internet Regulators Block Cryptocurrency Exchanges on Social Media BCH and LTC on Gemini The founders of the New York licensed digital asset trading venue Gemini Exchange, Tyler and Cameron […]

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PR: Introducing Emotiq – a Next-Generation Blockchain with Powerful Scalability and Privacy

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Emotiq is a powerful, next-generation blockchain with strong consistency, massive scalability, fast throughput, confidential transactions, and a natural smart contract language. Conceived by a team of veteran developers, and committed to overcoming the unresolved challenges of the blockchain, it launched with a […]

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Google Searches For ‘Bitcoin’ Slump In Synchronicity With Bitcoin’s Price

Bitcoin’s price drop since February means that the number of Google searches for “Bitcoin” have seen a similar fall. After the February’s crypto market slump that brought Bitcoin (BTC) below $7000, the number of Google searches for “Bitcoin” has dropped to the lowest levels since October of last year.   Google Trends shows that searches for “Bitcoin” were the most popular between December 17-23, coinciding with Bitcoin’s price rising to above $20,000 for the first time on December 17, 2017. However, since mid-February, searches for “Bitcoin” have […]

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Crypto Markets Bounce Back To Red, Volatility Still High

The cryptocurrency markets have bounced back to the red with Bitcoin dipping below $9,000 for a second time in a week. March 11: following a day of slight recovery, cryptocurrency market bounced back to the red, with the majority of assets listed on Coin360 having lost their value. Bitcoin (BTC) has dropped to as low as $8,607 during the day. By press time it has recovered slightly, trading at around $9,224 with a 2.43% loss of value over the past 24 hours. The total market capitalization of […]

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Excessive Crypto Regulation Not Optimal, EU Banking Authority Says

The Chairman of the European Banking Authority has spoken against excessive regulation of the crypto sector, warning it might constrain financial innovation. Outlining EBA’s position in regards to the supervision of the Fintech industry, Andrea Enria said regulators need to maintain a “measured approach”. Next week EBA will publish a roadmap, which defines a series of priorities for a period of two years. Also read: Wirex Launching Bitcoin Debit Cards in Europe “Regulate and Restrict” or “Let Things Happen” Speaking at the Copenhagen Business School on Friday, […]

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