cryptowinter
Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda
The bill to ban cryptocurrency trade in India has been left of its parliamentary winter session agenda, fueling speculation that there has been a change in strategy.
Paradigm Shift amid Global Crypto Chain Reactions
Crypto industry leaders on Wednesday discussed the landscape change amid the market downturn over the past half year.
Opinion: What Is Driving the ‘Crypto Winter’?
Winter has hung over the crypto industry, with 2.25 trillion lost across the entire market in the past few months alone. What are the underlying reasons we find ourselves in this crypto winter?
Signature Bank Suffers $4.27 Billion Crypto Deposit Outflows
Signature bank has suffered its major outflows with around $4.27 billion triggered by the recent crypto market downturn.
Crypto-Spring in Bloom as Institutions and Billionaire "OG" Investors Mature Towards Bitcoin
The Bitcoin price hit its peak of around $20,000 at the end of 2017, but over the last two years it has been trading at around half that value. Along with Bitcoin, other cryptocurrencies that take their cue from the success of the pioneer crypto, have also not achieved anything close to their values at the end of the 2017 ICO rush. But times are changing and according to Alexis Ohanian, co-founder of Reddit and early investor in Coinbase believes the crypto winter is thawing and asserts that we are on the cusp of a ‘crypto spring’.
China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides
Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity.
Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market
Since the coronavirus patient was identified on Dec. 8, 2019, in Wuhan, the capital of Hubei province in China, the virus has since claimed at least 100 lives. According to crypto research firm Chainalysis, China has the status as a crypto investment hub, as it houses the most crypto exchanges in the Asia-Pacific region, which has 40 percent of the world’s top 50 exchanges.
China to be First Cashless Society with Digital Yuan Launch in 2022, SCMP Report
China is poised to become the world’s first cashless society should roll out its Digital Yuan DCEP before it hosts the 2022 Winter Olympics according to the SCMP
Malta A.I. & Blockchain Summit looks to shape the future
SiGMA Group has announced that the winter edition of Malta A.I. & Blockchain Summit will take place 7th to 8th November 2019, at the InterContinental Arena Conference Centre, St Julian’s, Malta, marking the second event in 2019 for the successful expo.
Colombian Ministry of Information Technology Prioritize Public Sector Blockchain and Crypto Payment Solutions
The Colombian Ministry of Information Technology and Communications (MinTIC) believes blockchain and DLT solutions could benefit its public sector.
What Are The Key Takeaways from Block Live Asia?
What Are The Key Takeaways from Block Live Asia? The Block Live Asia in Singapore was a great success! Held in Marina Bay Sands Expo & Convention Centre 18 – 19 April, the event gathered over hundreds of crypto professionals on the latest blockchain development and the emergence of initial exchange offerings (IEO).
New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis
Greenidge’s 65,000-square-foot facility was initially built in 1937 as a coal plant before eventually being closed down in 2011. The plant remained dormant for five years before Atlas Holdings, Connecticut-based private equity company, converted it into a natural gas plant in 2016 to generate clean energy. Because of the high power that crypto mining machines use in their operations, countries have initiated stricter measures to discourage miners from conducting their mining activities. Some of these measures involve increased electricity fees, which have compelled most miners to move to other cities with favorable electricity billing.
Chainlink (LINK) Price Set to Reach New Highs This Quarter When Staking Goes Live
The oracle-based cryptocurrency has rallied to new highs, surging by over 9% in the past 24 hours, and over 40% in the past week.
Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT
Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.
Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto
China-based crypto investors launched a cryptocurrency scam of their own, after having been defrauded themselves.