Monthly Archives: September 2018

New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic. Ethereum ASIC miners are relatively new. The first group arrived five months ago in April by way of Bitcoin mining giant Bitmain. Known […]

More info

Final Draft of ICO Legislation Could Signify Next Step for Philippines Fintech Sector

The Philippine government is about to reveal industry-defining regulation for cryptocurrency The Philippine Securities and Exchange Commission (SEC) is due to unveil the hotly anticipated draft regulation for cryptocurrencies in the next few days, if the information provided by The Manilla Times is correct. If the regulation reflects the previous enthusiastic efforts to implement cryptocurrency in the Philippines, it stands to play a seminal role in defining the country’s status as a major player in the fintech sector. The SEC chairman, Ephyro Luis Amatong, has previously emphasised […]

More info

RBI Ban Hearing Delayed – Indian Supreme Court Too Busy for Crypto This Week

All petitions against the crypto banking ban by the Reserve Bank of India (RBI) are supposed to have been heard by the country’s supreme court on September 11. However, the court has been busy every day this week and has postponed the RBI ban hearing. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals RBI Ban Hearing Postponed The Supreme Court of India was supposed to hear all petitions regarding the crypto banking ban by the country’s central bank on Tuesday, September 11. The RBI […]

More info

Japanese SBI Set to Launch Ripple-Based Mobile App

Japanese Fintech heavyweight SBI Holdings plans to launch a Ripple-powered mobile payment application called MoneyTap. In a tweet shared with his followers, Takashi Okita, CEO of SBI Ripple Asia shared the web page of the new payment application, which promises to offer “easy bank transfer application” without fees. The exact launch date for the mobile app is uncertain, but the site gave an estimated timeline for the release of both the iOS and Android versions for Autumn of 2018. Earlier this year, SBI Ripple Asia, a joint […]

More info

France Finalizes New ICO Framework to ‘Attract Innovators Globally’

The French government has approved a legal framework for ICOs made to protect contributors. France’s Minister for the Economy and Finance has announced that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO), according to a tweet posted Wednesday, September 12. As finance Minister Bruno Le Maire states, the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the […]

More info

Bitpay CCO Holds Pessimistic Outlook for Altcoins

In a recent interview, Sonny Singh, the chief commercial officer (CCO) of Bitpay, Inc, shared his outlook for the cryptocurrencies, emphasizing his optimism for the bitcoin markets, whilst also espousing a grim outlook for altcoins. Also Read: Bittrex to Launch Crypto Exchange in Malta Next Month “Big Entrants” Coming to Crypto Next Year – Sonny Singh When asked if the cryptocurrency markets have seen the low of the bear season, Mr. Singh stated: “It’s hard to say – I think right now the markets are looking for some […]

More info

Updated z-enemy 1.20 Miner With Better Performance and BCD Support

Another quick update for the z-enemy 1.20 Nvidia GPU miner that adds more performance improvements of about 5-10% for various algorithms that the software supports. The new version also brings support for a new algorithm and more specifically BCD used by Bitcoin Diamond that has been generating a lot of attention lately, so you might want to check it out. Other popular miners are also introducing support for BCD, so there is demand and a good profit to be made apparently, and the z-enemy apparently is 20-30% […]

More info

Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good

Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances. Marred by memories of homelessness and extreme monetary strain, Youssef’s journey to build Paxful was an arduous one. “When my mother got divorced and lost her home that she had put so much into, I went into higher gear,” he explained in […]

More info

Lightning Labs Releases Redesigned and Optimized Desktop App

An alpha version of the new Lightning desktop app has been released. The application includes a redesigned and optimized backend for light clients, as well as a simplified interface for users with little to no cryptocurrency experience. Lead application developer at Lightning Labs Tankred Hase joined the company in January 2018 and was assigned to oversee the app’s redesign. Speaking with Bitcoin Magazine, Hase explains that the application preceding the current design was very much a prototype and built before his time with the company. “The aim […]

More info

Ethereum Consolidates Newly-Won Growth as Wider Crypto Market Falters

After yesterday’s bullish upswing, crypto markets have today been hit with widely-dispersed corrections, although Ethereum is a notable exception. Friday, September 14: After yesterday’s bullish upswing, crypto markets have today been hit with widely-dispersed corrections. Ethereum (ETH) is today’s most resilient large-market-cap altcoin, seeing the most notable growth on the day among the top twenty cryptoassets, as data from Coin360 shows. Market visualization by Coin360 After soaring 18 percent on the day yesterday, September 13 – and peaking as high as $223 during early trading hours today […]

More info
1 2 3 4