Monthly Archives: March 2019

Crypto Markets Descend While Tech Stocks Surge

Cryptocurrency markets have seen a decline on the day, with most top coins hovering in the red and Bitcoin trading around $4,000. Thursday, March 21 — Most of the top 20 coins by market capitalization are in the red, showing slight losses on the day, down from one to four percent. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) is trading at $4,027 at press time, down about one percent over the 24-hour period. BTC has been trading sideways as of early trading hours, following a […]

More info

UPS Integrates Blockchain Platform to Improve Merchant Supply Chains

Logistics giant UPS and e-commerce tech firm Inxeption have launched a blockchain platform aimed to improve merchant supply chains. Major American postal carrier UPS and e-commerce technology company Inxeption have jointly rolled out a blockchain-powered platform to improve merchant supply chains. The development was announced in a press release published on March 21. The new blockchain platform dubbed Inxeption Zippy is designed to help companies list, market and distribute their products to customers. The platform purportedly enables merchants to monitor the entire supply chain from product listing […]

More info

Vitalik Buterin: High Ethereum Price Good for Security, Ecosystem Development

Ethereum co-founder Vitalik Buterin says that strong ether prices are important both for network security and the wider ecosystem’s development. Ethereum (ETH) co-founder Vitalik Buterin says that high ether prices are important both for network security and the wider ecosystem’s development. Buterin made his remarks during an interview for Laura Shin’s crypto-focused “Unchained,” hosted at the Columbia Graduate School of Journalism and live-streamed on March 20. In response to Shin’s question as to whether protocol designers and project leaders should be focusing on the question of a […]

More info

Report: Bitmain Plans to Set Up 200,000 Crypto Mining Machines in China

Leading crypto mining hardware producer Bitmain is reportedly planning to install 200,000 units of mining equipment in China to benefit from cheap hydroelectric power. Cryptocurrency mining giant Bitmain is reportedly planning to set up 200,000 units of mining equipment in China to benefit from low-cost hydroelectric power in the country, crypto media outlet CoinDesk reported on March 21. A source from China familiar with the matter reportedly told CoinDesk that Bitmain will install 200,000 units of their own mining machines to take advantage of cheap hydroelectric power […]

More info

Craig ‘Satoshi’ Wright Claims to Have Filed 666 Blockchain Patents

The race to file blockchain patents has accelerated lately with one specific firm, Nchain Holdings, attempting to capture hundreds of distributed ledger-related patents. According to reports, self-proclaimed Satoshi – Craig Wright – and his Nchain business claim to have filed 666 patent applications to date, capturing a gigantic portfolio of intellectual property. Also Read: Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright So-Called Satoshi’s Quest to Patent the Blockchain The notorious Craig Wright, a man who claims to be Satoshi Nakamoto, is continuing his effort […]

More info

Lightning Loop Lets Users Empty Lightning Channels Without Closing Them

Lightning Labs, the development team working to grow the Lightning Network, just released the alpha version of a new protocol called Lightning Loop. Lightning Loop is designed to give users the ability to deposit and withdraw bitcoin from their payment channels (the two-way payment gateways that allow users to send and receive funds to and from each other) without closing these channels entirely. “Lightning channels are like tubes of money: the more you send the more you can receive, and the other way around,” according to a […]

More info

China’s Alibaba Partners With Chinese Software Giant to Promote Blockchain Development

Chinese e-commerce conglomerate Alibaba will promote blockchain tech development with Aerospace Information Co. Chinese e-commerce conglomerate Alibaba and Aerospace Information Co., a major software developer and provider, have signed a strategic cooperation agreement for cloud computing, blockchain and other technological services development. Chinese finance publication Securities Daily reported on the deal on March 21. The two parties have agreed to take advantage of their respective brand technologies “to actively integrate resources and carry out in-depth cooperation” in in the fields of cloud computing services, finance and taxation, […]

More info

US Missoula County Considers Requiring Crypto Miners to Use Renewable Energy

Proposed regulation in the United States Missoula County would require mining operations to produce or purchase renewable energy. The official website of the United States Missoula County in Montana reports that the country commissioners have discussed regulation of cryptocurrency mining on March 14. The county website contains two drafts, one being the Cryptocurrency Mining Resolution and the other one the Cryptocurrency Mining Zoning Overlay District Regulations. The county’s commissioners will hold a public hearing concerning both the regulation drafts on April 4. The latter draft “establishes locations […]

More info

Two Exchanges Overtake Binance on CMC Rankings, But Research Suggests Volume Is Fake

LBank and Bit-Z both held the top position in ranked exchanges by adjusted volume on CoinMarketCap today. Today, on March 21, both LBank and Bit-Z overtook leading exchange Binance on the adjusted trade volume cryptocurrency exchange rankings on CoinMarketCap, but research published on March 18 by the Tie suggests most of their volume is fake. At press time, LBank is in the third spot (formerly in first), Binance is in the second spot, and Bit-Z is currently holding the top spot. According to data contained in the […]

More info

Texas: Crypto AriseBank CEO Pleads Guilty to Deceiving Investors in $4.2 Million Case

The U.S. Attorney for the Northern District of Texas reportedly described Jared Rice’s plea as one of the first of its kind. The former CEO of reported cryptocurrency scam AriseBank has pleaded guilty to defrauding victims of over $4.2 million, Texas-based daily news outlet Dallas News reported March 21. Jared Rice, whom the FBI arrested over securities and wire fraud in November last year, confessed to his activities, according to an announcement by the United States Attorney for the Northern District of Texas, Erin Nealy Cox. Rice […]

More info
1 2 3