Monthly Archives: February 2020

Tech Like Blockchain Will Transform Chinese Economy, Bank Chair Says

The chairman of Minsheng Bank predicts that blockchain technology will transform the Chinese economy in the next decade. Digital transformation is a national priority for China, and it’s being integrated into both enterprise and banks and other services industries. According to a Feb. 4 report from Economic Information Daily, chairman of Minsheng Bank Hong Qi said: “The full adoption of digital technologies such as blockchain is expected to accelerate the digital transformation and upgrade its agriculture, manufacturing, finance and other services in the next 10 years.”   […]

More info

Hackers Stole and Encrypted Data of 5 U.S. Law Firms, Demand 2 Crypto Ransoms

Hackers compromised five United States law firms this week, demanding two $933,000 ransoms for restoring and not publishing data. Hackers compromised five United States law firms and demanded two 100 Bitcoin (BTC) (over $933,000 at press time) ransoms from each firm: one to restore access to the data, one to delete their copy instead of selling it. According to data shared with Cointelegraph by cybersecurity firm Emsisoft, the hacker group — called Maze — already started publishing part of the data stolen from the aforementioned firms. Two […]

More info

5 Mining Operations Command More Than 50% of BTC’s Network Hashrate

The cryptocurrency community has been discussing mining centralization after a report was published that disclosed five mining operations command more than 50% of the BTC hashrate. At the time of publication, between F2pool, Poolin, Btc.com, and Antpool, the pools are hashing more than 59% of the BTC network hashrate. Also read: Bitcoin Verde’s New Project Aims to Promote Bitcoin Cash Node Diversity Data-Driven Report Says BTC Hashrate Distribution Is Centralized On January 31, researchers from the firm Tokenanalyst published a report entitled “Centralisation in Bitcoin Mining: A […]

More info

US Marshals to Auction $37M in Confiscated Bitcoin in February

The United States Marshals Service, a federal law enforcement agency within the U.S. Department of Justice, will auction off 4,040 bitcoins. The United States Marshals Service (USMS), a federal law enforcement agency within the U.S. Department of Justice, will auction more than 4,000 confiscated Bitcoins (BTC). According to the official USMS website, the authority is planning to sell “approximately” 4,040 Bitcoins (4,040.54069820), requiring a $200,000 deposit in order to take part in the auction. The USMS said it will return the deposits to non-winning bidders, promising to […]

More info

Electronic Voting With Blockchain: An Experience From Naples, Italy

Electronic voting is gaining more trust and becoming more secure and reliable through emerging blockchain technology. E-voting is gaining its place in the growing discussion over the use of blockchain. In our view, when technology addresses such socially sensitive issues, values step forward to the fore, together with the differences and clashes that they imply. Such democratic values convey the identity, pathologies and fears of the context from which they come. In that sense, the technical operation of designing and developing a voting system entails political and […]

More info

Top 3 Unknown Cryptos Outperforming Bitcoin in 2020: ICX, WAN, AION

Numerous large and small-cap altcoins are rallying as Bitcoin price trades in the $9.3K to $9.5K zone. Bitcoin (BTC) and large-cap cryptocurrencies have shown significant strength over the past few weeks but traders are also starting to pay attention to smaller cap coins. One of these coins is Icon (ICX), which has surged more than 200% over the past three weeks.  Similarly, WanChain (WAN) and AION (AION) also gained 60% and 120%, therefore an analysis of these coins is warranted. Crypto market daily performance. Source: Coin360 Icon […]

More info

China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic

China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into the country’s economy and financial system. Also read: China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan Chinese Stock Market Opens With Sell-Off Reacting to economic complications stemming from the growing coronavirus outbreak, investors marked the opening of the Chinese […]

More info

Some Coinbase Users Can’t Withdraw More Than $10 in Bitcoin a Day

Major United States-based crypto exchange and wallet service Coinbase is allegedly not letting some users withdraw more than $10 per day. Major United States-based cryptocurrency exchange and wallet service Coinbase is allegedly not letting some users withdraw more than $10 per day. On Feb. 2, a Redditor and self-described Coinbase user reported that Coinbase had put a $10 daily withdrawal limit for some users. The Reddit user, with handle Unholy_Crab1, claims that his subsequent application for higher withdrawal limits was denied by Coinbase. The Redditor has also […]

More info

French Payment Giants Worldline and Ingenico Merge in $8.6 Billion Deal

French payments giants Ingenico and Worldline are set to merge in a massive deal, with both companies having a previous history with cryptocurrencies. French fintech companies Ingenico and Worldline are set to merge, according to a Feb. 3 press release. The €7.8 billion ($8.6 billion) buyout deal was accepted by shareholders of the companies, both of which had previous exposure to crypto. The merger and significance for shareholders As part of the agreement, Worldline will offer Ingenico shareholders a mixed cash and stock compensation, with a premium […]

More info

Why I’m Joining Cointelegraph Magazine as Managing Editor

The Magazine will be a new long-form publication for blockchain veterans and crypto newcomers alike. Over 4,400 people responded to a poll created by Nathaniel Whittemore on Twitter last week, explaining what they did before becoming involved in cryptocurrency. A guy who designed helicopter manufacturing processes. A plumber. A prison inmate. A nutritionist. Someone described a group of surgeons who brought a fund to life; someone else pointed out that the industry was flush with professional poker players. There was a yacht captain, a racehorse trainer, a […]

More info
1 2 3 4