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United States Mining Firm Layer 1 Technologies Aims to Ensure the Decentralization of Bitcoin by Repatriating 30% of the Global Hash Rate (cryptoiq.co) 02/23/2020 - 8:27am
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Binance CEO Quickly Squashes Half-truths Regarding Malta (themerkle.com) 02/22/2020 - 11:00pm
Twitter always seems to be up in arms when it comes to cryptocurrencies. This week, someone explained how Binance is now licensed to operate in Malta. While that is indeed a fact, it simply doesn’t matter. Binance Seemingly has Nothing to do With Malta Binance is not based in the country, thus obtaining an authorization in the country isn’t of...
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Fighting Counterfeit Drugs In The U.S. Using Blockchain Technology (cryptosyringe.com) 02/22/2020 - 6:21am
A blockchain-based solution called the MediLedger to secure the supply chain of medical drugs. The effort has been put together by major pharma-corporations, including Pfizer, Roche, Sanofi, Amerisourcebergen, Amgen, FedEx, GlaxoSmithKline, Novartis, Gilead Sciences, Eli Lily, Walgreens Boots Alliance, and Walmart. The project is now under review...
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Brave Asks UK Authorities to end Google’s Unfair Advantage (themerkle.com) 02/21/2020 - 11:00pm
The Brave browser has been one of the bigger success stories in all of cryptocurrency lately. It now appears that the company wants to put an end to Google’s monopoly, at least in the UK. Earlier this week, the browser’s team submitted a request to the UK Competition and Markets Authority. Brave Goes After Google In this request, Brave emphasizes...
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Ravencoin Community Clash Over Mining Algorithm Continues (bitcoin.worldnewsoffice.com) 02/21/2020 - 12:20pm
With ASICs increasingly dominating hash rate, the Ravencoin community is looking to build the project’s third mining algorithm
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Ravencoin Community Clash Over Mining Algorithm Continues (cointelegraph.com) 02/21/2020 - 12:17pm
With ASICs increasingly dominating hash rate, the Ravencoin community is looking to build the project’s third mining algorithm
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Ethereum Price Prediction: ETH/USD Heads Towards Recovery To Reclaim $289 (insidebitcoins.com) 02/21/2020 - 10:57am
Up 100% since the beginning of the year, the Ethereum price is set to resume its northerly progress. The smart contract platform continues to cement its position as the go-to platform for decentralised finance (DeFi), and that looks to be helping it widen its influence across the crypto space. News that Ripple is planning to develop...
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Blockchain Developer? Here Are 3 Things to Consider Before Choosing a Platform - The Merkle Hash (themerkle.com) 02/21/2020 - 10:16am
Blockchain Developer? Here Are 3 Things to Consider Before Choosing a Platform The Merkle Hash
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Blockchain Developer? Here Are 3 Things to Consider Before Choosing a Platform (themerkle.com) 02/21/2020 - 10:14am
Blockchain developers are spoiled for choice given the surfeit of networks, protocols and projects vying for their skills. Between September 2015 and September 2019, the number of blockchain-linked jobs per million surged by a whopping 1,400% , and while not all of those positions were for devs, it’s clear that applicants – architects, engineers,...
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Zilliqa Incentivizes Community Members to Engage in Project Development (themerkle.com) 02/21/2020 - 10:00am
Thousands of different blockchain projects are competing for traction today. Zilliqa is often overlooked, yet the newly launched platform Zillacracy may help change that narrative. Development of a blockchain ecosystem needs a lot of work. A big Step Forward for Zilliqa While most projects have a dedicated team of coders, external help and ideas...
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First Bitcoin Cash Developer Meeting After IFP Proposal: Amaury Séchet Explains Position, Status (coinspice.io) 02/21/2020 - 9:57am
TL;DR: The second Bitcoin Cash Development meeting for 2020 took place recently, first since the now very controversial Infrastructure Funding Plan for Bitcoin Cash (IFP) was announced late last month. Reference client team Bitcoin ABC is committed to offering the IFP ahead May 15 within the scheduled network upgrade, and lead developer Amaury...
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The Coronavirus Outbreak Could Push China’s Central Bank to Go Crypto (blockonomi.com) 02/21/2020 - 9:14am
If you turn on the news, chances are you’re going to hear or see something about the coronavirus outbreak that originated in the Chinese city of Wuhan; for the past few weeks, the number of cases of this illness, which has a relatively high mortality rate when compared to the flu and seems to be easily transmissible, has been put into the...
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Riot Blockchain Shutters Crypto Exchange, Expands Mining Operation (thecoinrise.com) 02/21/2020 - 8:55am
Riot Blockchain Shutters Crypto Exchange, Expands Mining Operation. The company has extended its operation with a new facility with a capacity of 4,000 S17 Antminers . Riot Blockchain , a Nasdaq-listed crypto company, has decided to shutter its digital asset exchange in the United States, shifting all its focus towards its mining business. In a...
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MicroBT Chews on a Segment of Bitmain’s Market Share Threatening A Takeover (e-cryptonews.com) 02/21/2020 - 8:11am
MicroBT , a bitcoin mining unit manufacturer has steadily expanded its market share by selling at least 500,000 units in 2019. As the manufacturer increases its production, it is simultaneously chipping away at Bitmain’s dominance. The latest reports reveal that MicroBT sold almost 600,000 units of its WhatsMiner M20 series last year. Speaking in...
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ETH Stabilizing After Correction (themerkle.com) 02/21/2020 - 5:41am
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, February 21st, emotional sales in the ETH have stopped. The digital currency is stabilizing around $260.75. On H4, the Ethereum demonstrates the development of a correctional phase shaped as a Triangle. The Triangle is forming around 61.8% Fibo in relation to the previous downtrend...
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Five Long Term Cryptocurrencies To Consider (themerkle.com) 02/21/2020 - 5:21am
In the crypto game for the long haul? If so, you might want to focus on picking currencies that are likely to be around in 10, 20 or even 50 years! Plenty of traders out there are happy to admit that they’re holding cryptocurrency right now to try and make as much money as possible as quickly as possible. They take a hands-on approach, trade on a...
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Why Every Business Needs an Accountant (themerkle.com) 02/21/2020 - 4:50am
There are some services that you just cannot do without when you are operating a business, and one of the crucial services is an accountant; unless you are very much capable of taking on your own accounts. Even though an accountant can cost quite a lot of money, they can also save you even more, so they are definitely a service that is worth...
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Peter Thiel Funded Layer1 Officially Opens Its West Texas Facility  (insidebitcoins.com) 02/21/2020 - 2:36am
Layer1 Technologies, a San Francisco-based cryptocurrency mining firm, has fully begun operating in its West Texas facility. The firm, which made its plans for the mining facility known late last year, is now on the fast track to fulfilling its mission to get the United States to the very top of the Bitcoin mining hash rate charts. Hello, Texas...
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What is Bitcoin Genesis Block? Explained (chaintimes.com) 02/21/2020 - 1:44am
Since the inception of bitcoin, it has come a long way and is still going strong. Over the last decade, bitcoin has gone under several changes as it continues to work towards its mainstream adoption . In this article, we take a look at the leading cryptocurrency’s genesis block and how things got started. Crypto genesis software offers an easy and...
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Riot Blockchain Shutters Crypto Exchange, Expands Mining Operation (financemagnates.com) 02/20/2020 - 11:06pm
With the latest addition, the firm is expecting to increase its hash rate by 240 percent. “Going forward, Riot reinforces its confidence in bitcoin by focusing on bitcoin mining and pursuing ...
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New Browser Lets User Access the Web 3.0 (themerkle.com) 02/20/2020 - 11:00pm
The Unstoppable Domains project has proven to be incredibly successful. Accessing these new domain names is still somewhat difficult with traditional tools. Thankfully, it appears that a solution has appeared. Accessing the Web 3.0 Through a Browser Known as the Unstoppable Blockchain Browser , it provides access to the web 3.0. This includes any...
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Block.one’s Voice Raises Privacy Alarms: Debt Collection, Crime Prevention? (cryptobriefing.com) 02/20/2020 - 5:46pm
Block.one’s beta launch of Voice has raised privacy alarms. Home addresses, government identification, and personal photos are required merely to use the platform. More concerning, the service tasked with verifying this information may use it to collect debts and help law enforcement.Block.one Sets a High Bar with VoicePutting social media content...
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Columbia Law Professor Labels Bitcoin as a “Crime Tool” - The Merkle Hash (themerkle.com) 02/20/2020 - 3:27pm
Columbia Law Professor Labels Bitcoin as a “Crime Tool” The Merkle Hash
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Columbia Law Professor Labels Bitcoin as a “Crime Tool” (themerkle.com) 02/20/2020 - 3:24pm
Scholars often do not take kindly to innovation, particularly in the financial sector. A recent “paper” by a Columbia Law professor only confirms this bias. It is not the first time a university professor tries to bash Bitcoin. Not Everyone Gets Bitcoin Nor will it be the last time either. A lot of people lack the necessary understanding to look...
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How a Kamikaze Nation State Could Kill Bitcoin (cryptosyringe.com) 02/20/2020 - 3:09pm
Bitcoin has so far survived for more than 11 years. The network continues to function as intended, in part, thanks to an assumption that miners will always act in their own best interests economically. But what if a powerful, rich actor set its sights on destroying Bitcoin? What if that actor had no interest in preserving the value of the network...
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Thiel’s Layer1 Starts Mining in Texas, IRS to Meet Crypto Companies, €52 Million BTC Confiscated (coinspice.io) 02/20/2020 - 2:06pm
TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Layer1 starts mining operations in Texas. IRS invites crypto companies to discuss tax implications. Man gets €52 million worth of BTC confiscated. Regulators will have to hasten action on digital assets, FSB chair states. Enigma ICO to pay $500,000 due to selling...
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Peter Thiel-Backed Firm Starts Mining: Bitcoin Expanding Out of China (blockonomi.com) 02/20/2020 - 11:01am
Despite Bitcoin trading around 50% below its all-time high of $20,000, the hash rate of the network has surpassed 100 exahashes per second — an astronomically-large number of hashes per second that is an order of magnitude larger than the hash rate at the date of the $20,000 high. The increased competition, interestingly enough, hasn’t stopped...
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Bitcoin Miner Aims to Decentralize the Network by Launching a Farm in the USA With 30% of the Hash Rate (bitcoinnews.com) 02/20/2020 - 10:43am
Bitcoin mining firm Layer 1 Technologies aims to ensure that China does not have centralized control of the Bitcoin network Bitcoin mining firm Layer 1 Technologies has launched its mining operation in a west Texas facility, following a USD 50 million investment round from Thiel, Shasta Ventures, and Digital Currency Group. The ultimate goal of...
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Ethereum Price Drops to Below $260 as a Result of Massive Crypto Dump (coinspeaker.com) 02/20/2020 - 8:14am
Coinspeaker Ethereum Price Drops to Below $260 as a Result of Massive Crypto Dump Ethereum (ETH) the second crypto by capitalization and overall marker rank experienced a fall to trade below $260. The huge drop was as a result of the crypto dump that hit almost all top digital assets, led by Bitcoin . Ethereum price was headed to test its previous...
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US a Major Bitcoin Miner Again; How Layer1’s Launch is Bullish for BTC (cryptosyringe.com) 02/20/2020 - 4:31am
The Texas Bitcoin mining facility by Layer1 has gone live for the first time today. The all-in-house US Bitcoin mining initiative is seeking to address Chinese dominance of the cryptocurrency’s mining activity. Layer1 is hoping to expand rapidly from this initial launch. By the end of 2021, it plans to command as much as 30 percent of the current...
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No, Concentration Among Miners Isn’t Going to Break Bitcoin (e-cryptonews.com) 02/20/2020 - 12:00am
CoinDesk columnist Hasu is a pseudonymous crypto researcher publishing analysis for Deribit Insights and his personal blog. A recent TokenAnalyst report claims a single entity could be in control of around 50 percent of bitcoin’s hashrate. The observation is based on the fact that five large mining pools have launched a new cloud mining service as...
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The IOTA Network Remains Inaccessible for Value Transactions (themerkle.com) 02/19/2020 - 11:00pm
The cryptocurrency industry is still reeling from the recent IOTA incident. It now seems a bit more information is becoming available. The Trinity wallet so many IOTA users rely on has indeed been affected by a bug. IOTA Network Issues Aren’t Over yet All users utilizing this software between mid-December 2019 and mid-February 2020 will need to...
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US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security - Cointelegraph (cointelegraph.com) 02/19/2020 - 7:33pm
US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security Cointelegraph
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US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security (cointelegraph.com) 02/19/2020 - 7:32pm
New US Bitcoin mining outfit Layer1 has launched operations and aims to ‘repatriate’ 30% of the hash rate for the sake of ‘national security’
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Peter Thiel-backed Layer1 begins mining bitcoin at its West Texas facility (theblockcrypto.com) 02/19/2020 - 4:06pm
Layer1 Technology, a Peter Thiel-backed bitcoin mining startup, has officially launched its operation in West Texas, four months after the firm announced its plans. The San Francisco-based firm has brought online several mining containers, each has 2.5-megawatt (MW) capacity and deploys the liquid cooling technology to combat high temperatures in...
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No, Concentration Among Miners Isn’t Going to Break Bitcoin (coindesk.com) 02/19/2020 - 4:00pm
Any centralization of Bitcoin network hash power should be of concern as it erodes the trustless model of the network,” TokenAnalyst, a cryptocurrency research firm, says. Its strong language is ...
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Coinbase Becomes a Visa Principal Member (themerkle.com) 02/19/2020 - 3:14pm
Coinbase is a very big company in the cryptocurrency space. The team now seeks to expand its presence by issuing a native debit card. It is a well-known fact that Coinbase has plans to expand upon its existing debit card. A big Step Forward for Coinbase Its collaboration with Paysafe has been going on for quite some time now. However, the company...
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Peter Thiel-Backed $50 Million Bitcoin Mining Firm Starts Operations In West Texas (coingape.com) 02/19/2020 - 12:38pm
PayPal’s Peter Thiel’s Bitcoin mining firm starts mining operations in West Texas on Wednesday kicking off the $50 million facility as the market awaits BTC halving. The price of Bitcoin (BTC) is on a rise in 2020 after a two-year bearish trend that crippled the crypto industry. Despite the drop in BTC prices, mining on the coin has not slowed...
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Bitcoin [BTC] Forms Key Bullish Pattern That Doubled BTC’s Value; Possible Run To $20K? (coingape.com) 02/19/2020 - 11:04am
Bitcoin (BTC) forms a golden cross on the weekly charts as the price boosts past $10,200 USD. Given the bullish signals, can BTC bulls set the price to double its value past, crossing its all-time high (ATH) at $20 K USD . The year is starting off bullish in the BTC market as the top crypto crossed over the $10,000 psychological mark on Monday to...
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Is the Bitcoin Halving Closer Than We Think? (e-cryptonews.com) 02/19/2020 - 8:44am
It’s pretty common knowledge that we’re expecting the Bitcoin halving to happen in May 2020. However, according to new reports, it may occur sooner. A rapidly increasing hash rate combined with recent adjustments to mining difficulty means that miners will solve the remaining blocks out of the 210,000 needed for the halving to take place, sooner...
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Introducing DueDEX’s Risk Manager: The Unique Trading Tool Designed to Give a Statistical Market Edge (themerkle.com) 02/19/2020 - 6:55am
Established Crypto derivatives exchange DueDEX announces details of their industry-first trading tool: The DueDEX Risk Manager. 19th February 2020, Belize City, Belize: In a world dominated by high leverage products, traders are often exposed to irresponsible exchange platforms promoting high risk products, and too often, new traders enter the...
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Ripple CEO Is Criticized for Misrepresenting Bitcoin and Ethereum (coinspeaker.com) 02/19/2020 - 3:17am
Coinspeaker Ripple CEO Is Criticized for Misrepresenting Bitcoin and Ethereum Mati Greenspan says that Brad Garlinghouse has some information hidden from the public during his recent hot interview on CNN. Speaking about Bitcoin and Ethereum, Ripple CEO says that Bitcoin and Ethereum miners are centralized in China. Mati, as well as a bunch of...
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Binance Cloud Will Help Create More Competition Among Crypto Exchanges (themerkle.com) 02/18/2020 - 11:00pm
Binance has grown out to be so much more than a crypto trading platform. The company now focuses its attention on cloud services to compete with existing giants. This news is rather remarkable in many different ways. Another Interesting Move by Binance Known as Binance Cloud, the new platform will serve as an infrastructure solution. It will allow...
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SKYBIT: Myanmar’s Digital Solution to a Sustainable Economy (themerkle.com) 02/18/2020 - 9:01pm
One of the many advantages digital assets have is the ability to do fast, low cost, cross-border monetary remittance. For emerging economies like Myanmar, this is crucial. SKYBIT is the first blockchain digital asset platform in Myanmar, offering global financial inclusion for all of its people. Blockchain digital assets can play a vital role in...
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Two Notable Bitcoin Cash Developers Announce Opposition to the IFP (coinspice.io) 02/18/2020 - 7:29pm
TL;DR: Two notable Bitcoin Cash developers announced their opposition to the Infrastructure Funding Plan for Bitcoin Cash (IFP). Jonald Fyookball, of Electron Cash and CashFusion, and independent dev Mark Lundeberg, instrumental in recent scheduled protocol upgrades, added their names to a growing chorus skeptical about the IFP and its updates...
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Bancor’s DeFi Ecosystem is Growing Rapidly (themerkle.com) 02/18/2020 - 3:23pm
The DeFi industry is getting a lot of attention lately. Whereas most people look at Ethereum, it appears that Bancor is growing quickly as well. Bancor is one of the many protocols catering to users seeking financial products and services. DeFi on Bancor Gains Traction It is only normal that this protocol would make inroads in the DeFi industry as...
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HASHWallet Deploys a New Smart Card That Enables Users to Perform Transaction Securely, Anytime, Anywhere (themerkle.com) 02/18/2020 - 2:22pm
The term, “Not Your Keys, Not Your Coins,” has been promoted time and again in the cryptocurrency community. However, several assets have either been lost or stolen despite the user’s safe keep of their private key. These keys are either lost, phished, hacked, etc. irrespective of whether a hot or cold wallet was used. To eliminate these risks,...
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XRP Price Analysis for February, 18th – XRP Falling Sped Down (themerkle.com) 02/18/2020 - 5:53am
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Tuesday, February 18th, the XRP rate has stabilized after a series of declining. The cryptocurrency is generally trading at $0.2915. On H4, the quotations remain in the ascending channel. They have tested the support level of the channel, hinting on an attempt to form another impulse of growth...
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CT Shames Ripple CEO for Spreading Misinformation on Bitcoin and Ethereum Mining (coingape.com) 02/17/2020 - 11:51pm
Leading crypto figures are criticizing Ripple CEO after he makes false claims about Bitcoin and Ethereum in a CNN interview. Brad Garlinghouse , the CEO of Ripple notes that cryptocurrency and blockchain are going to provide a plethora of services and there will not be a single winner. According to him, different assets and platforms will serve...
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Litecoin Payments Gain Traction Among Tourism-related Providers (themerkle.com) 02/17/2020 - 11:00pm
One often heard complaint is how cryptocurrencies have limited use in the real world. Those who own Litecoin can book travel and accommodation courtesy of nearly two dozen service providers. The usability of most crypto assets is virtually non-existent. Litecoin is Very Useful for Traveling Except for a few dozen coins, the others are speculative...
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