The cost of the first cryptocurrency and hashrate will show growth closer to the date of the halving [halving the miners reward]. Infographic, which indicates the likelihood of such a development of events, was published by Twitter user under the nickname Plan B. #bitcoin halving: only 19 months to go … we are in the green zone! pic.twitter.com/5rxVEVhNjU – plan ฿ (@ 100trillionUSD) October 5, 2018 Note that the next halving is to be held on May 25, 2020. Then the reward will be reduced from 12.5 BTC to 6.25 BTC. Plan B added that at the moment we are…
Author: BlockchainJournal
Bitmain, the largest manufacturer of mining equipment, has launched the Bitmain Crypto price index to track the dynamics of the 17 most liquid cryptocurrencies in real time. The data for index formation are aggregated from the trading platforms Bitfinex, Binance, Bitstamp, Bittrex, GDAX, Gemini, Huobi, Itbit, Kraken, OKEX and Poloniex. The price of Bitcoin and other 16 real-time cryptocurrencies is available to users, and the daily reference price is published at 02:00 UTC. Also on the site is placed Bitmain Big 10 Index (BLC10). Recall, OTC cryptocurrency dealers Genesis Trading, Cumberland and Circle Trade will provide their data for the…
The administration of the High Technology Park (HTP) of Belarus has developed rules for regulating the cryptoindustry in the country. Now all residents of the HTP must meet the standards agreed with the National Bank of the country. The document is published on the HTP website . “In essence, this is a specification of the norms of Decree No. 8 “ On the Development of the Digital Economy ”. We approached this very seriously in view of the decisions of FATF. We also coordinated all our actions with the National Bank and state control and carefully studied international practices in…
The manufacturer of hardware cryptographic products company Ledger has announced an update to support the anonymous cryptocurrency Monero (XMR) for its device Ledger Nano S. Now their devices models Ledger Nano S are compatible with the application Monero GUI version 0.13. “We are pleased to welcome one more of the top ten cryptocurrencies on the Ledger platform, ” said Eric Larshvek, CEO of Ledger. With the latest expansion, Ledger devices now cover 90% of the total capitalization of the cryptocurrency market. We will continue to implement support for new cryptocurrency assets in the future, both through our own developments and…
The faculty of business and economics at the University of Basel, the oldest in Switzerland, awarded the creator of Ethereum, Vitalik Buterin, with the title of Honorary Doctor of Science. . @VitalikButerin receives an undergraduate doctorate from the University of Basel. The co-founder of @ethereum has been outstandingly in the field of smart design. pic.twitter.com/6d6ftTG56n – University of Basel (@UniBasel_en) November 30, 2018 Representatives of the university noted significant services of Buterin in the field of cryptocurrency and smart contracts. “He has made great efforts to promote decentralization and equal participation of everyone in the digital revolution. An exceptionally inventive…
The Russian Sberbank and the investment company Interros concluded an over-the-counter repo transaction (an alternative to lending against securities) based on the blockchain platform Hyperledger Fabric. For both institutions, this was the first blockchain experience with this type of agreement, the press service of the bank reported. The transaction was settled by a smart contract written in the GO programming language. "In the future, the conclusion of transactions through the blockchain platform will reduce transaction costs and errors through automation, as well as increase transparency and trust among all participants in the financial market, " said Sberbank representatives. They added…
Chairman of the Securities and Exchange Commission (SEC), Jay Clayton, in an interview with CNBC, said that Bitcoin (BTC) cannot be classified as securities. He also spoke about the long-awaited Bitcoin-ETF and the prerequisites for its approval. Clayton began by investing in a market that needs SEC participation. First of all, this is the market for the initial offer of coins ( ICO ). Since the beginning of the year, the activities of these projects have received the greatest attention of the Commission, since many of them do not fulfill their obligations. The Chairman noted that the cryptocurrency technology, that…
The Taiwanese company Asus, in partnership with the Quantum Cloud platform, will allow gamers to partially use the power of video cards for cloud mining cryptocurrency when the devices are not involved in other processes. This is stated in a press release. Note that the “passive income” will be charged via the PayPal payment system or the WeChat messenger, the data of which is required to log into a personal account on the Quantum Cloud platform. At the same time, in Quantum Cloud, gamers do not guarantee profits, since this largely depends on the dynamics of the cryptocurrency market. We…
The Council on codification and improvement of civil legislation at a meeting on Thursday decided on the need to return the draft law “On digital financial assets” to the first reading stage for a change due to numerous shortcomings. This writes “Kommersant”. According to Evgeny Sukhanov, Deputy Head of the Council, the term “digital rights” used in the document, which replaced the terms “ cryptocurrency ” and “ token ”, was “unsuccessful” because “this is not about new types of rights, but about new, electronic forms of ". He proposes using the term “digital financial asset” to denote the set…
The US Securities and Exchange Commission (SEC) fined the famous American boxer Floyd Mayweather and music producer DJ Khaled for promoting ICO of Centra Tech on social networks. So, the SEC found that celebrities hid the fact that the organizers paid them for advertising tokens. This is stated in the official press release of the department. Mayweather and DJ Khaled did not recognize and did not refute the SEC charges, but agreed to pay the illegally earned income, a fine and interest. For Mayweather, the total amount was $ 614,775, and for DJ Khaled – $ 152,725. Note that in…