Monthly Archives: May 2020

Bitcoin Hash Rate Tag Hits New Record 8 Days From Halving

Bitcoin’s hash rate has set a new record just eight days from the halving and six weeks after crashing by 40% over two weeks. After the mid-March price crash led to a brief exodus of miners operating older hardware, the Bitcoin (BTC) hash rate posted a new all-time high (ATH) of more than 142 exahashes per second (EX/s) on March 3. The new record beats out the previous ATH of 123 EX/s posted on March 8. BTC hash rate tags new record 8 days from halving With […]

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Oscar-Winner’s Satanic Conspiracy Theory on COVID-19 and Crypto Goes Viral

Oscar-winning director shares conspiracy theory which claims Microsoft’s recent crypto mining patent is satanic. Oscar-winning Russian director, Nikita Mikhalkov, has espoused a bizarre conspiracy theory on local television. He claims that Microsoft’s recent patent for a sensor-based cryptocurrency mining system using body activity data comprises the first-step in a satanic plot to microchip the human race. On an episode of ‘Besogan TV,’ which roughly translates to ‘demon basher TV,’ Mikhalkov claimed the patent number of Microsoft’s cryptocurrency system — WO/2020/060606 — alludes to the occult nature of […]

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A Roundup of Virtual Blockchain Week

Leaders throughout the Blockchain space came together to share their views on the future of the industry at Virtual Blockchain Week. Over the past week, Cointelegraph has participated in Virtual Blockchain Week — a pandemic-proof crypto conference that invited participants from all over the world to join talks with some of Blockchain’s greatest luminaries. At the start of the week, famed venture capitalist, Tim Draper, doubled down on his prediction that Bitcoin (BTC) will reach $250K per coin by 2023. “That’s my prediction. Sticking with it. I’m […]

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What’s Next for BTC, Chainalysis Criticized, Crypto Fears Kim Jong Un’s Death: Hodler’s Digest, April 27–May 3

Uncertainty over where Bitcoin will go after its $9,400 rally, a well-known BTC educator criticizes Chainalysis, and nerves over North Korea’s crypto holdings. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin rally above $9,000 stalls as sellers push BTC back to key support What a week it’s been. After […]

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MoneyGram Reports ‘Quiet Quarter’ For Ripple Partnership

Major cross-border payments company MoneyGram has reported a “quiet quarterâ€� with regards to its partnership with Ripple. During an earnings call for Q1 2020, MoneyGram chairman and chief executive, Alexander Holmes, revealed that it was a “quiet quarter” regarding the firm’s partnership with blockchain payments company Ripple (XRP). Ripple first announced its “strategic partnership” with the Nasdaq-listed money transfer company during June 2019. The partnership’s initial term was set at two years, with Ripple providing a capital commitment of up to $50 million over 24 months in […]

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MakerDao Brings Bitcoin to the Ethereum Blockchain

MakerDAO governance token holders voted to accept wBTC as the fourth collateral asset in the Maker DeFi Protocol. MakerDao governance, a decentralized community of MKR token holders that govern the Maker Protocol, has voted to pull Bitcoin onto the Ethereum blockchain by accepting Wrapped Bitcoin as a new collateral asset in the Maker Protocol, according to the official announcement on May 3. For the uninitiated, wBTC is the first ERC20 token backed 1:1 with Bitcoin. WBTC marks the fourth collateral asset type to be added to the […]

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9 Countries Show Huge Growth in Cryptocurrency Interest: Coinmarketcap

Coinmarketcap has revealed the top countries with the largest increase in the number of users. One segment shows the countries with the most user growth in the first quarter include India, Pakistan, Colombia, Canada, and Nigeria. The countries with the most female user growth include Greece and Romania. 46% Increase in Youth Users, Nigeria Up 211% Leading cryptocurrency price and market data provider Coinmarketcap published a report Friday highlighting the crypto market and user trends for the first quarter of this year. The company explained that the […]

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US Congress Considers Blockchain-Based Voting Amid COVID-19

The United States Congress is contemplating developing a blockchain-based system to allow remote Senate voting. A staff memo has revealed that the U.S. Congress is considering blockchain technology as a means for the Senate to conduct remote voting amid the coronavirus pandemic. The report states that blockchain may be deployed alongside end-to-end encrypted, or E2EE, applications to facilitate voting. The memo was composed after the Permanent Subcommittee on Investigations’ Roundtable on Continuity of Senate Operations and Remote Voting in Times of Crisis event.  The discussion came as […]

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T-Rex 0.15.3 Nvidia Miner With KAWPOW Support for RavenCoin (RVN)

The latest T-Rex Nvidia GPU miner version 0.15.3 has introduced support for the new KAWPOW algorithm just as expect in time for the fork of RavenCoin (RVN) that is coming in just a few days – May 6th 2020 at 18:00:00 UTC. Aside from the new Kawpow support for the upcoming RVN fork, the latest T-Rex miner also adds supports for ProgPow and MTP-tcr algorithms. Aside from T-Rex adding support for KAWPOW in the latest version, there are a few other alternatives available already – the official […]

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Block.one Awarded Patent for DLT-Based Social Media Bidding System

Block.one has patented monetizing every post on a social media network using tokenized bidding and blockchain-based analysis to determine a post’s originality Block.one, the company behind the EOSIO protocol (EOS), has been awarded a patent for a blockchain-based bidding system for promotional exposure tied to popular social media posts. The U.S. Patent and Trademark Office approved the patent on April 28. Block.one filed with the office during May 2019. The patent, which Block.one describes as means to incentivize positive feedback contributions among a social media community, describes […]

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