Category Archives: Crypto News

Canadian Diamond Mining Company Hires New CEO, Turns To Blockchain

The Canadian diamond mining company Lucara Diamonds has hired a NEO as part of their process of modernizing through the use of Blockchain technologies. Canadian diamond exploration and mining company Lucara Diamond has appointed a new chief executive in a move towards modernizing the diamond industry with Blockchain technologies, the Financial Times reported today, Feb. 26. The new CEO, Eira Thomas, will lead the company after its recent purchase of Clara Diamond Solutions for $29 mln, or 13.1 mln shares. Clara is a digital platform that utilizes […]

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Swiss Stock Exchange Chairman Sees ‘Upsides’ To Launch Of Crypto Franc

The Swiss stock exchange’s chairman has supported a potential crypto franc, admitting he “doesn’t like cash.” The chairman of Switzerland’s stock exchange SIX Romeo Lacher thinks there are “a lot of upsides” to releasing a crypto version of the Swiss franc. Speaking to the Financial Times Sunday, Feb. 25, Lacher said the organization would be “very supportive” of such an initiative, adding that he “doesn’t like cash.” “An e-franc under the control of the central bank would create a lot of synergies – so it would be […]

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Equity Markets vs. Cryptocurrency Markets: Weekly Performance Review, Feb. 17-23

Weekly analysis of the equity and cryptocurrency markets over the week. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Chinese stocks led the way last week for global developed equity markets with the Shanghai Composite Index rising 89.86 or 2.81% to close at 3,289.02. Keep in mind though […]

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“Free Money Guy” Matthew Lesko Says Crypto Are Gamble, Scam

Matthew Lesko, the author of the books on how to get “free money” in the form of federal grants, said in an interview with CNET that cryptocurrencies are a scam. Matthew Lesko, the US author who made himself a name in the 90s writing books on how to get “free money” from the United States government, claimed that cryptocurrencies are a scam and Bitcoin is a “gamble,” talking to CNET in an interview on Feb. 20. Lesko, who runs his own website, YouTube channel and various podcasts, all […]

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Crypto Markets Continue To Fall, But Not By Much

The crypto markets are continuing to decline slightly today, but none of the top ten coins in CoinMarketCap is down more than 5 percent. Sunday, Feb. 25: the crypto markets are down almost all across the board, but not by very much. Of the top ten coins listed on CoinMarketCap, no coin is down more than 5 percent in the 24-hour period by press time. Only altcoins Litecoin (LTC) and IOTA out of those top ten coins are in the green. Litecoin is trading for about $208.53, […]

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Without Mentioning Blockchain, Putin Says That Russia Must Stay Ahead In Technology

Russian President Vladimir Putin said that Russia cannot fall behind in the Blockchain industry, without mentioning “Blockchain” once. During a meeting with Herman Gref, the president of Russia’s largest bank Sberbank, Russian President Vladimir Putin spoke about the importance of not falling behind in Blockchain development. Sberbank already introduced Blockchain in their document transfer and storage systems by partnering with Russia’s Federal Antimonopoly Service (FAS) in December of last year. The bank is also reportedly soon opening a cryptocurrency exchange in Switzerland. Gref addressed Putin directly, speaking […]

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Culprits Apprehended In Alleged Icelandic Bitcoin Miner Theft

Icelandic IT service Advania has confirmed with the police that their security footage matches the two men currently in custody for a string of data centers burglaries. Icelandic information technology service Advania has confirmed with their security footage that the police have apprehended the right two men for the three burglaries at data centers in Iceland last December and January, local news outlet Visir reported Feb. 21. Visir had earlier reported that there were three burglaries in total, from a period of Dec. 5, 2017 to Jan. […]

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Original Pizza Day Purchaser Does It Again With Bitcoin Lightning Network

Laszlo Hanyecz, the original purchaser of two pizzas with 10,000 BTC back in 2010, has bought two more pizzas using the Bitcoin Lightning Network. Laszlo Hanyecz, the man that completed the world’s first documented Bitcoin (BTC) transaction for a physical item in 2010 — 10,000 BTC for two pizzas — has now bought two more pizzas using the Bitcoin Lightning Network. Hanyecz posted on the Lightning-dev mailing list today, Feb. 25, that he had to get his friend in London to “sub contract” out the pizza delivery […]

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Northern Ireland Property Developer To Accept Bitcoin As Payment Option

One of Northern Ireland’s largest house-building firms, Hagan Homes, will begin to accept Bitcoin as a payment method. Hagan Homes, one of Northern Ireland’s biggest residential property developers, will now be accepting Bitcoin (BTC) as a payment method, the Belfast Telegraph reported Feb. 22. Jamesy Hagan, the managing director of Hagan Homes, said there is both an increasing international interest in working, living, and investing in Northern Ireland, as well as a “significant growth in the use of Bitcoin worldwide:” “Our acceptance of this new channel reflects […]

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AntRouter R3-LTC, a WiFi Router and Clock That Mines Too

It seems that Bitmain is moving more into the direction of making smaller and lower power miners that do more than just mine crypto currencies and their upcoming AntRouter R3-LTC is a proof of that. The company has previously released a WiFi router that mines Bitcoin and then Litecoin, but these were pretty low power devices. The upcoming AntRouter R3-LTC adds improved specs for mining Litecoin and as a WiFi router and even adds a handy clock on the front of the device. The device is based […]

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