Author Archive

Bitmain Set to Deploy $80 Million Worth of Bitcoin Miners, Sources Say

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Bitmain, the largest manufacturer of crypto mining equipment, is scaling up its capacity to mine bitcoin itself.

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Don’t Count on Decentralization to Rule Crypto Out as Security: VanEck Exec

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VanEck’s Gabor Gurbacs has questioned whether being “sufficiently decentralized” means a crypto is not a security, as suggested by SEC execs.

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Avalon Miner Maker Raises Funds in ‘Several Hundred Million Dollars’

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Canaan Creative, the maker of Avalon miners has raised hundred million U.S. dollars in a new funding round, which values the firm at over $1 billion.

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Mining Pool Splits $300K Ether Fee With Accidental Sender

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Ethereum mining pool Sparkpool has verified the accidental sender of an unusually high miners’ fee and agreed to split the amount.

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SIX Exchange May List XRP Exchange-Traded Product in Two Months

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Swiss stock exchange SIX will soon list an XRP-based ETP from Amun AG, with other crypto products planned for later in 2019.

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Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon

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Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.

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Coinbase Pushes Out Ex-Hacking Team Employees Following Uproar

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Coinbase is parting ways with Neutrino employees who worked at Hacking Team following a customer backlash.

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Sparkpool to Freeze Mysterious 2,100 Ether Mining Payout for Now

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Mining pool Sparkpool says it’s temporarily freezing an unusually high mining payout worth $300,000 in case it was sent in error.

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Binance Launches Public Testing for Decentralized Crypto Exchange

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Binance has just revealed the sites for testing its new decentralized crypto exchange and the testnet explorer for its own Binance Chain network.

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Elon Musk Calls Bitcoin ‘Brilliant,’ Better Than Paper Money for Value Transfer

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Elon Musk, CEO of Tesla, has officially gone public with his belief crypto offers an improved alternative to conventional money.

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