Monthly Archives: May 2019

80 Firms Including MasterCard, Coinbase Spent $42 Mln Lobbying Crypto, Fintech Issues in Q1

Around half of the 80 lobbying entities included bitcoin and/or blockchain in their areas of interest. Around 40 entities lobbied for bitcoin (BTC) and blockchain-related causes in the United States in Q1 2019, political news site Roll Call reported on April 30. Citing data from the Federal Electoral Commission, the publication stated that around half of the 80 lobbying entities included cryptocurrency-related items, with total quarterly lobbying expenditure reaching over $42 million. Among the biggest spenders who included crypto were accounting giants Ernst & Young and Accenture, […]

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miniZ v1.3n3 Multi-Equihash Nvidia CUDA Miner with BEAM Support

The miniZ Nvidia CUDA clodes source miner for Windows and Linux has been available for a while already, but what caught our attention recently is the addition of support for the Equihash 150,5 algorithm used by BEAM. The miner also supports Equihash 144,5 as well as 192,7 and 96,5 and the various crypto currencies that use these algorithms on compatible 2GB Nvidia GPUs and it there are CUDA 8.0 and CUDA 10.0 versions available including support for Nvidia RTX GPUS with the CUDA 10 release. Since it […]

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Genesis Mining is Back With New Bitcoin (SHA256) Cloud Mining Offers

It seems that with the waking up of the crypto market after the long “crypto winter” the companies that survived are getting back on track and so is Genesis Mining. After recently starting with new DASH (X11) Cloud Mining Offers, they are now also opening up new contracts for Bitcoin (BTC) cloud mining as well. Now, cloud mining can be a tricky and risky business and over the years we’ve had a fair share of bad luck and bad decisions, so you should always be extra careful […]

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Crypto Exchange Bitfinex Shareholder Claims Imminent IEO Will Offer $1 Billion in Tokens

Zhao Dong has revealed details of the company’s reported plans to launch a $1 billion initial exchange offering (IEO) in the coming days. Crypto exchange Bitfinex shareholder Zhao Dong has revealed details of the company’s reported plans to issue a native exchange token, which he claims will launch via a $1 billion initial exchange offering (IEO) in the coming days. According to a report from crypto news outlet CoinDesk on May 1, the Chinese bitcoin (BTC) billionaire posted to a public chat on local messenger WeChat on […]

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Singapore and Canada Central Banks Complete First Cross-Border Blockchain Payment

A linkup of the banks’ respective blockchain-based platforms enabled a payment without an intermediary. The central banks of Singapore and Canada have successfully used their blockchain networks to send each other digital currency, a joint press release confirmed on May 2. As part of the distributed ledger technology (DLT) projects being pursued by both banks, the Monetary Authority of Singapore (BAS) sent funds to the Bank of Canada (BoC) without a third party. The process was made possible by linking up two DLT networks: MAS’ nascent Project […]

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New Video Series Debuts – How Bitcoin Will Change the World

Bitcoin.com has launched a new video series for the crypto-curious, with a crisp new look and an easy to understand, lighthearted narrative style. The first episode which premiered Wednesday features the top eight ways Bitcoin will change the world. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request How Bitcoin Will Change the World A new video series debuted on Bitcoin.com’s Youtube channel Wednesday with the premiere episode focusing on the top ways Bitcoin will make a difference in the world. In addition to improving […]

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Washington State Law Recognizes Blockchain Records as Legally Valid and Enforceable

Washington state has passed a bill that recognizes and protects the legal status of electronic records pertaining to distributed ledgers. The United States state of Washington has passed a bill that recognizes and protects the legal status of electronic records pertaining to distributed ledgers like blockchains. The bill, substitute senate bill 5638, was signed into effect by Governor Jay Inslee on April 26, 2019. The original version of the bill had its first reading by the Washington state legislature on January 25, 2019. The bill has now […]

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Malware Shellbot is Now Capable of Shutting Down Other Miners

Cryptojacking malware Shellbot is now armed with new capabilities. The Shellbot cryptojacking malware has gone through an update and come out with some new capabilities, technology news website TechCrunch reported on May 1. Per the report, these findings come from Boston-based cybersecurity firm Threat Stack. The company claims that Shellbot, which was first discovered in 2005, has received a major update. The original Shellbot was capable of brute-forcing the credentials of SSH remote access services on Linux servers protected by weak passwords. The malware then mines privacy-focused […]

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Payment Platform Square’s Q1 2019 Bitcoin Revenue High, Crypto Profits Low

In Q1 2019, payment platform Square saw a new revenue high from BTC sales through the Cash app, with the overall profit from bitcoin sales remaining low. Payment platform Square saw a new revenue high from bitcoin (BTC) sales through its Cash app, while profits from Bitcoin sales remained low, according to a letter to shareholders outlining first quarter (Q1) 2019 financial figures. In its recently published letter on earnings — which is unaudited — Square revealed that in the Q1 2019 the company’s total net revenue […]

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