Cryptocurrency

A newly published regional report shows that China's hashrate has likely dropped to 55%while the U.S. has reached 11%. Another study anticipates that it's possible The United States and Canada could surpass China in regards to hashrate by the end of 2021. Bitcoin Mining Farm Operator Says Mining Market in…

Stablecoins present peculiar challenges to regulators. Although there is no single, agreed-upon definition of a stablecoin, the common denominator of the commonly used definitions is that stablecoins are designed to maintain a stable value in relation to a specified currency, asset or pool of such currencies/assets. They are contrasted with regular cryptocurrencies, which have no…

Bitcoin price started a fresh increase above the $56,500 resistance zone against the US Dollar. BTC is now approaching a major break, with a major hurdle near $60,000. Bitcoin is showing positive signs above the $56,500 and $58,000 resistance levels. The price is now trading well above $58,000 and the 100 simple moving average (4-hours).…

by MinerGate Mining Pool February, 15, 2020 Monero (XMR) has successfully hardforked on November 30th, at block number 1978433. The fork has changed the CryptoNightR mining algorithm to the new RandomX Proof-of-Work algorithm.   Although the main aim of the upgrade was keeping Monero completely resistant to ASIC mining, thus maintaining the coin decentralized, RandomX…

On Saturday evening, the privacy advocate and well known whistleblower, Edward Snowden, spoke out against some criticism stemming from the Human Rights Foundation’s Alex Gladstein. Snowden attacked the tribalism taking place in the crypto space and said that some people “lose sight of the world beyond their cave.” Alex Gladstein Calls Snowden’s Interview Clip a…

Ethereum (ETH) based yield aggregator Rari Capital was attacked this weekend by a group of bad actors. As a result, 2,600 in this cryptocurrency were stolen from the Rari Capital Ethereum Pool, as a post-mortem report released by core contributors confirmed. The attack took place at around 1:48 PM UTC, May 8th, with a series…

Remember the “Silicon Valley Tech Bubble”? In the early- to mid-2000s, the San Francisco Bay Area gave birth to some of the most storied and successful technology companies the world has ever seen. Facebook, Google, Salesforce, Twitter, Tesla, Lyft — the list itself could take up half of this article. From the palpable energy to…

The People’s Bank of China’s upcoming digital yuan card will feature IDEX Biometrics and fingerprint scanning, according to regional reports. China’s “Digital Currency Electronic Payment” or DCEP is getting closer toward launch by the day. Last week, smart card manufacturer Chutian Dragon and IDEX Biometrics announced the companies are working on a digital yuan payments…

Cardano’s ADA cryptocurrency surged on Sunday, bringing the smart contract platform back into elite territory in terms of market capitalization rankings. ADA charted 14% growth to reach $1.83 on major exchanges, marking a new all-time high. It was last seen hovering just below $1.80, having gained 14% on the day, 31% on the week and over…