Month: November 2018

News

Mining Giant Bitmain To Launch A Crypto Index For Investors

The large Beijing crypto giant Bitmain is launching a new cryptocurrency index as a guide for investors. In a press release, the company said that the index will be called Bitmain Crypto Index. It will track the “largest and most liquid” cryptocurrencies. The index will display two types of prices: the current spot price, updated every second, and the daily price, which is published once a day around 10:00 am Gonogskoye time. In the index itself, there will be indicated spot prices for 17 top cryptocurrencies (based on market capitalization), as well as a combined index Bitmain Big 10 (BLC10)

News

Vitalik Buterin Became an Honorary Doctor of the University of Basel

Vitalik Buterin received an honorary doctorate from the Faculty of Business and Economics of the University of Basel for his outstanding achievements in the fields of cryptocurrency, smart contracts and the creation of new decentralized institutions. This is a recognition of his contribution to the promotion of decentralization and equal participation in the digital revolution. [email protected] receives an honorary doctorate from the Faculty of Business and Economics of the University of Basel. The co-founder of @ethereum has made outstanding achievements in the fields of #cryptocurrencies, smart contracts and the design of institutions. pic.twitter.com/6d6ftTG56n — University of Basel (@UniBasel_en) 30 ноября

Blockchain news

Blockchain Promotion By Microsoft Japan

The official arm of the Microsoft Corporation in Japan alongside with a blockchain startup LayerX will accelerate the blockchain technology implementation. It is stated in the official press release. A blockchain startup LayerX, which was created jointly by the leading Japanese companies, Gunosy and Anypay, is looking to develop the package of services for the business entities who are planning to use the blockchain in the future. The founders of this project face the main task, which is a common consulting and smart contracts. By using Microsoft’s Azure solutions, companies are aimed to promote further blockchain integration in a domestic

Bitcoin news

The US Financial Crisis Slows The Growth Rate Of Bitcoin

A crypto expert and founder of Morgan Creek Capital Management hedge fund, Marc Jusko, is sure that the financial crisis in the United States, which began in the fall of 2008, severely slowed the growth of the leading cryptocurrency rate. In the “Fast Money” program on CNBC, he expressed his opinion that Bitcoin is a good alternative for long-term investors. However, the current situation in the financial market makes serious players nervous. The financier claims that the US national debt, which has exceeded $ 9 trillion and doubled in two years, will adversely affect the global investment climate. A further

News

North Korean Hackers Switch From Crypto Exchanges to Users Wallets

According to cybercrime experts from the South Korean companies IssueMakersLab and Cuvepia, South China Morning Post reports, hackers from North Korea turned their attention from cryptocurrency exchanges to users’ wallets. Simon Choi, the founder of IssueMakersLab, argues that the reason for this is the increased attention of exchanges and financial institutions to security. Previously, a group of hackers from the DPRK, known as Lazarus, was able to steal cryptocurrency worth about $571 million. Of course, the exchange began to pay more attention to security issues. You can evaluate the success of North Korean hackers in this scheme from IssueMakersLab. Nevertheless,

News

Play And Mine: ASUS To Allow Gamers To Mine A Crypto On Videocards

Asus continues to actively gain reputation points in the ranking of the most loyal attitude to its customers. Now gamers who use the equipment of a Taiwanese manufacturer for entertainment and eSports can also earn cryptocurrencies. As stated in the official press release of the company, she began cooperation with the supplier of mobile applications Quantumcloud. This will allow players to earn their “passive income” by providing access to Asus video cards (or graphics processors) when they are not used for other PC tasks. Earnings received in this way will be paid through PayPal or WeChat. As stated in the

Bitcoin news

In Germany Set Up A Fund For Bitcoin Mining

The head of the alternative investment fund Xolaris Service KVAG, Stefan Klaile, launched a private equity fund, designed for Bitcoin mining, according to the press release. The Xolaris Foundation, which opened an office in Hong Kong in July, notes that customer demand for access to this sector continues, despite the fall in the cost of Bitcoin. The fund will include a minimum contribution of 250,000 euros with a planned emission of between 30 and 50 million euros. “We constantly received requests from professional investors for the release of a regulated product for the cryptocurrency sphere,” said the head of portfolio

Blockchain news

BCS Blockchain Platform By Huawei

The giant of the telecommunication industry, Huawei Cloud, has officially announced the launch of its own blockchain platform. The new platform, which will be available for global use, is based on the BaaS model (data storage service). Back in early 2018, the blockchain platform was launched in China for commercial use. BCS is designed for enterprises and developers who can create applications based on blockchain technology. In fact, BCS is a cloud service that is used on the Huawei Cloud platform, but the corporation will expand its capabilities for global use. The possibility of using this cloud service is unlimited

News

The Return of the Prodigal Satoshi: Nakamoto Account Updated

On the P2P Foundation website, where Satoshi Nakamoto published his revolutionary Bitcoin project in early 2009, the profile status of the founding father of the cryptocurrency industry has been updated today. The message consists of one word: “nour”, the meaning of which is unclear. Perhaps it means “light” or “shine” in Arabic, but this is only a guess. At the same time, Satoshi added to his friend list a man named Wagner Tamanaha, who lives in Sao Paulo, Brazil, and works in the field of blockchain and neural networks. However, it is possible that all this is the work of

News

Intel Has Received A Crypto Mining Patent

Famous due to its processors, Intel has won a patent, which allows them to master the mining industry. It was officially announced on the official page of the U.S Patent and Trademark Office. Despite the fact that the cryptocurrency mining process became very unprofitable for all miners, a tech giant is ready to do their utmost in order to increase mining’s efficiency significantly. Already, the leading developers in the company aim to change the “energy efficiency and performance by Bitcoin’s mining”. In particular, it is about SHA (Secure Hash Algorithm) changes, which is used by Bitcoin’s mining. A company demonstrated

News

Sell Even To The “Bottom”: The Creators Of BTC-Miners Avalon Staged A Sale

The Chinese company Canaan Creative announced a short-term reduction in prices for all manufactured devices for mining cryptocurrency. As part of the “flash sales” launched today, all of them, including Avalon 921 (20 TH / s) and Avalon 851 (14.5 TH / s), are available at $ 200. According to CoinDesk, citing a company representative, Stephen Mosher, the sale does not yet have a specific completion date, and the company has sufficient stocks of devices, with the exception of the fully sold Avalon 911. According to him, the launched sale was timed to “celebrate” the rise in the price of

Altcoin news

Ledger Opened Doors For Monero

A cryptocurrency wallet Ledger, mainly a Nano S model, from now on supports Monero. Developers of the popular cold wallet announced it on Twitter. Ledger Nano S is now fully compatible with the Monero GUI 0.13 app. Ledger CEO, Eric Larchevêque, confirmed the latest update: “Due to this update, Ledger devices cover 90% of the full cryptocurrency market cap”. The company does not plan to stop at this point. An integration and connection of other actual crypto assets gonna last. In terms of the company’s traditional process, new releases will be presented monthly. Monero holders can install the above-mentioned app

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