The Chinese province of Sichuan, which produces 70% of all bitcoins in the world, has all the opportunities for an even wider attraction of miners. This was reported by CoinDesk with reference to a statement by the former vice president of the China Securities Regulatory Commission, Yang Jiang. In his opinion, the excess of hydropower in Sichuan historically allows the region to effectively develop the mining business. “The main application of the blockchain in […]
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Leading Chinese bank China Merchants Bank invested BitPie Bitcoin wallet. This was reported on Twitter by managing partner of Primitive Ventures Dovi Wang, who noted that this was the beginning of the nationalization of the crypto industry in China. All I can say is this to me it's a sign of begining of the nationalization of Bitcoin / Cryptocurrency related infra in mainland Eventually, all things can […]
The Binance cryptocurrency exchange was somewhat disingenuous when it announced that the placement of Stacks (STX), the native token of the Blockstack project, cost the latter nothing, writes The Block. According to documents that Blockstack submitted to the US Securities and Exchange Commission (SEC), the company paid Binance 833,333 STX (about $ 250,000) in advance. Moreover, the New York startup also agreed to annually pay the exchange such […]
Topco Associates, the largest US food wholesale company, will pilot test the Mastercard blockchain solution for supply chain tracking. According to a company press release, Topco is testing the Wholechain platform on the Provenance blockchain, developed by Envisible, a logistics firm. With its help, Topco intends to track the supply of meat and seafood. The Provenance solution is based on proprietary Mastercard technology and […]
In the framework of AMA (Ask Me Anything – “Ask what you want”), the head of the American company Coinbase Brian Armstrong noted that the growth of DeFi decentralized finance is becoming exponential. According to Armstrong and Coinbase Custody CEO Sam Mackingale, DeFi services are gaining in popularity despite the still-relevant Ethereum scaling problems. DeFi sector growth can be measured by the amount of ETH blocked in the ecosystem. […]
Ethereum developers have planned activation of Istanbul hard fork in the main network to block # 9 056 000. Miners will get it tentatively on December 4. In case of unforeseen circumstances, the hard fork will be postponed to January 8. At the same time, the developers believe that nothing should interfere with timely activation. They also approved the EIP 2124 upgrade, which allows users to determine which chain the majority supports. […]
TRON founder Justin Sun announced that next week he will enter into a partnership with megacorporation. Its capitalization allegedly exceeds $ 100 billion. #TRON will partner with a hundred billion USD megacorporation next week. It will not only benefit $ TRX but all TRC10 & 20 tokens including $ BTT & $ WIN etc. It will broadly distribute #TRON Dapps and tokens to billions […]
On the night of October 26, the price of bitcoin reached $ 10,300. The growth was more than 40% per day. Then the correction began. If comparing against daily High vs Low: – 54th largest daily move, largest since Jan / 14/2015. – 88th largest two-day move, largest since Feb / 7/2018. This is still bigger than December 2017.> 95% of + 42% gains happened […]
Bittrex, the American Bitcoin exchange, has extended the withdrawal period for clients from New York State upon the request of the regulator. Important information for New York customers: NYDFS has requested that Bittrex postpone the New York account closure deadline until further notice. New York residents will be able to continue to withdraw funds, but may not deposit or trade. Details: https://t.co/iJXXDPNF8S […]
Colleen Myers from the Brooklyn startup ConsenSys claims that after the launch of Ethereum 2.0, validators will be able to expect 4.6% -10.3% annual remuneration for staking, CoinDesk reports. According to him, for the validation of blocks, network participants must have at least 32 ETH (about $ 5200 at the current rate). He also develops an application to calculate the gross and net annual income of validators, taking into account […]