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Microchip Powerhouse TSMC Credits High Performing Quarter to Cryptocurrency Mining

October 21, 2017 Samuel Haig 0

Microchip Powerhouse TSMC Credits High Performing Quarter to Cryptocurrency MiningThe world’s largest independent semiconductor foundry, the Taiwan Semiconductor Manufacturing Company (TSMC), has attributed its high performance for the third quarter of 2017 to surging demand for cryptocurrency mining hardware. Also Read: Research Shows Half a Billion People Are Mining Cryptocurrencies Without Knowing It Taiwan Semiconductor Manufacturing Company Saw an Increase in Revenue by 17.9% During […]

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Chinese Miners Sell Hardware Amidst Regulatory Uncertainties

October 20, 2017 Samuel Haig 0

Chinese Miners Sell Hardware Amidst Regulatory UncertaintiesIt has been reported that an increasing number of Chinese bitcoin miners are liquidating their hardware via second-hand trading platforms. Many of the miners are selling their equipment due to fears that China’s cryptocurrency crackdown may be intensified to target miners. Also Read: Chinese Media Calls For “Zero Tolerance” on Crimes Involving Cryptocurrencies Many Listings for […]

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Tezos Founders Enter Legal Battle for Control of $400m in Raised ICO Funds

October 19, 2017 Samuel Haig 0

Tezos Founders Enter Legal Battle for Control of $400m in Raised FundsFounded by husband and wife, Kathleen and Arthur Breitman, Tezos is a decentralized platform that hosts smart contracts that seeks to compete with ethereum. Tezos’ initial coin offering (ICO) did not have a cap on investment and raised approximately $232 million – at the time comprising the largest ICO crowdsale to date. The 65,703 bitcoins […]

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Australian Bitcoin Adoption Increases Following Regulatory Amendments

October 16, 2017 Samuel Haig 0

Australian Bitcoin Adoption Increases Following Regulatory AmendmentsIn recent months, the Australian government has sought to amend its bitcoin regulations – which were previously notoriously unfavorable to businesses and individuals seeking to use and adopt cryptocurrency. The Australian cryptocurrency industries have since shown signs of significant growth, with many industry insiders attributing the improving investor confidence to amendments made to federal legislation […]

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Bitcoin Market Capitalization Approaches $100 Billion USD

October 15, 2017 Samuel Haig 0

Bitcoin Market Capitalization Approaches $100 Billion USDThe total market capitalization of bitcoin is approaching $100 billion USD, currently sitting at approximately $94 billion USD. The current market capitalization is comparable to that of numerous top 100 global companies. Also Read: Markets Update: Bitcoin’s Price Peaks Past $5800 Across Global Exchanges Bitcoin’s Market Capitalization Has Begun to Test the $100 Billion USD Area […]

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Julian Assange Thanks U.S. Government for 50,000% Gains on Wikileaks’ Bitcoin Holdings

October 15, 2017 Samuel Haig 0

The founder of Wikileaks, Julian Assange, has posted a tweet thanking United States government officials and the financial institutions that refused services to Wikileaks for driving them to invest in bitcoin during 2010. Assange’s tweet indicates that Wikileaks’ bitcoin holdings have seen gains of over 50,000%. Also Read: Your Bitcoins Open to CIA and Criminals, Heed […]

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PBOC Director Advocates State-Issued Cryptocurrency

October 14, 2017 Samuel Haig 0

PBOC Director Advocates State-Issued CryptocurrencyThe Director of The People’s Bank of China’s (PBOC) Digital Currency Research Institute, Yao Qian, has announced his determination that the issuance of a state-owned digital currency is necessary in order to “fundamentally guarantee the market position of… [China’s] currency”, as reported by Chinese media outlet, Yicai. Also Read: Virtual Currencies Expected to Be Regulated in […]

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Bank of Lithuania Discourages Financial Institutions From Dealing With Virtual Currencies

October 13, 2017 Samuel Haig 0

Bank of Lithuania Discourages Financial Institutions From Dealing With Virtual CurrenciesThe Bank of Lithuania has issued an official position regarding initial coin offerings (ICOs) and cryptocurrencies, in which the central bank encourages banks to withhold financial services from businesses operating with virtual currencies. Lithuania’s central bank also expressed its belief that ICOs should be regulated as securities. Also Read: Lithuania Shows ‘Serious Intentions’ in Blockchain Innovation […]

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The Pirate Bay Resumes Running In-Browser Javascript Cryptocurrency Miners

October 12, 2017 Samuel Haig 0

The Pirate Bay Resumes Running In-Browser Javascript Cryptocurrency MinersThe major torrenting website, The Pirate Bay, is reported to again be using cryptocurrency mining scripts on its website. Last month, it was discovered that The Pirate Bay had embedded multiple Monero miners on its website, which the company claimed was being trialed as an alternative revenue model to hosting ads. Also Read: Pirate Bay Founder’s […]

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XBT Provider Launches First Ethereum Exchange-Traded Notes

October 11, 2017 Samuel Haig 0

XBT Provider Launches First Ethereum ETNsThe issuer of the world’s first bitcoin exchange-traded notes (ETN), XBT Provider, has announced the launch of the first ethereum ETNs. XBT Provider will launch two exchange-traded notes – Ether Tracker One (COINETH) and Ether Tracker Euro (COINETHE). Also Read: XBT Provider Fined by Nasdaq XBT Provider Has Announced the Launch of Two Ethereum ETNs XBT […]

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