Monthly Archives: March 2018

Newegg to Accept Bitcoin Payments from Canadian Customers

Newegg Inc., the online e-commerce site that is rivaling Amazon for sales in technical equipment and electronics, is expanding its payment options to include bitcoin for its customers in Canada. Apparently unfazed by recent price volatility and citing “the increasing mainstream awareness of cryptocurrencies,” Newegg is showing its confidence in the future of the cryptocurrency by extending its current policy of accepting bitcoin payments from U.S. customers to Canadian customers. BitPay manages Newegg’s bitcoin-related transactions in the U.S. and will now manage all Canadian bitcoin payments with […]

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China To Develop Centralized Crypto, Protects Yuan Against Non-State Digital Currency

At a conference dedicated to the development of the Yuan, Deputy Governor Fan of the People’s Bank of China regards digital currencies with more skepticism. The People’s Bank of China (PBoC) will continue to apply strict measures on virtual currencies as part of its strategy for protecting and strengthening the yuan (RMB), according to a statement published March 29 on the bank’s website. At the 2018 national video conference dedicated to the achievements and major challenges facing the Chinese monetary system, the deputy governor of the PBoC […]

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Five Cryptocurrency Exchanges in Japan Throw in the Towel

Five cryptocurrency exchanges in Japan are closing after their operators reportedly withdrew their applications with the Japanese financial regulator to operate crypto exchanges. They are in the process of returning clients’ cash and crypto holdings. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Five Exchanges Cease Operations Five cryptocurrency exchange operators in Japan have withdrawn their applications with the Japanese Financial Services Agency (FSA) to register their crypto exchanges, Nikkei reported on Thursday, adding that “More are expected to follow, as the FSA has […]

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Sgminer fork With Support for X16r and X16S for AMD GPU Miners

If you are looking for a miner for Ravencoin (RVN) and its X16r algorithm or Pigeoncoin (PGN) and its X16S algorithm for AMD GPUs, then you might want to check out this new sgminer fork by brianmct (source). There are pre-compiled binaries available for both Windows and Linux, so you should be covered for the two operating systems, if using Linux make sure you have the required dependencies installed. Unfortunately this may not be the best performing X16r and X16S hashrate wise as our initial tests show, […]

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Promoted: Sharing Your Identity? Get Paid in ShoCoin

Encouraging early adoption is always a hurdle when launching a new technology – especially one that is trying to crack a problem that has been around for decades. ShoCard, which is creating a blockchain-based ID management solution, is using tokenization to help meet that challenge. The company begins its ICO on May 28, and hopes that the launch of its ShoCoin token will provide an incentive for people to use its secure identification app. Personal identity information has value. If it didn’t, why would cybercriminals try so […]

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Ripple Gives Away ‘The Largest Donation Of Cryptocurrency’ To Support Public Schools

Cryptocurrency startup Ripple donated $29 mln worth of its own cryptocurrency XRP to support public schools via DonorsChoose charity platform. Blockchain-based payments network Ripple recently donated $29 mln of its own cryptocurrency XRP to support US public schools, fulfilling over 35,000 funding requests from teachers via DonorsChoose charity fund, as reported by ABC7 March 28. We’re so happy to give back to teachers like @kinder_roxs and all their students across the country! Help us build on this momentum up by donating to projects on @DonorsChoose and continue […]

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Monero and SiaCoin Reject Bitmain’s ASIC Miners, Who Could Be Next?

ASIC cards threaten the network security, cryptocurrency developers concerned. On March 24 the creators of Monero made an unprecedented statement – the project devlead, Riccardo Spagni, warned that the coin’s protocol would be changed every six months to make the cryptocurrency less appealing to application-specific integrated circuit (ASIC) miners. The measure was initiated after Bitmain announced a new super powerful Antminer X3 ASIC miner designed specifically for calculations based on the CryptoNight algorithm, which is the basis for such cryptocurrencies as Monero (XMR), ByteCoin (BCN) and AeonCoin […]

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Token Overload Is Causing Confusion

With thousands of cryptocurrency tokens tradable on exchanges, and thousands more registered as ERC20s, confusion is inevitable. Many share extremely similar names and some have identical abbreviations. On Wednesday, one token pumped by 300% after a group of traders mistakenly bought it, thinking they were purchasing a different asset entirely. Also read: Canadian Multinational Bank BMO Blocks Cryptocurrency Transactions The Cryptoconomy Is Drowning in Tokens The number of different tokens in existence is debatable, with estimates ranging from a couple of thousand to over 80,000. All that can […]

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New Cast XMR Miner 0.9.2 Not Requiring the Blockchain Drivers Anymore

The Cast XMR CryptoNight GPU miner for AMD RX VEGA 56/64 GPUs has just been updated to version 0.9.2 with another important milestone – not needing the user to use the Blockchain AMD drivers for the optimal performance. The new version promises 99% the performance of the Blockchain Compute Beta driver achieved with the latest standard Radeon Driver 18.3.4 as well. This is definitely a relief for people still using the Blockchain drivers as they have some specifics in making them work properly and are not entirely […]

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Purk – A New Cryptocurrency for Donations, Tips and Private Payments

Purk (PURK) is a new open source, mineable and autonomous cryptocurrency that is being described as a currency that can be used to monetize anything from website content, blog articles, multimedia, products and a variety of online services by allowing users to tip or donate to content owners anonymously. The developers say that Purk was created to help content owners and service providers monetize their website or application by accepting quick and easy micropayments from their users or customers. Purk is based on Boolberry and CryptoNote technology […]

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