Hong Kong on the Lookout for Blockchain Professionals
Hong Kong is ramping up its blockchain profile and, as a result, has announced that it will be needing more industry professionals to support its DLT focus in the years to come through a new employment program
Read the full article at https://bitcoinnews.com/hong-kong-on-the-lookout-for-blockchain-professionals/
Topic: BitcoinNews: #1 In Blockchain News - page 12. (Read 4529 times)
Mining Hash Rate Spikes to Record High 62 Exahash/s
Bitcoin’s hash rate has spiked to a record high of 62 Exahash/s as of 26 August 2018, where an Exahash is equivalent to 1,000 Petahash, and a Petahash equals 1,000 Terahash. The previous record high was 54 Exahash/s on 10 August. This continues the long-term trend of Bitcoin’s hash rate exponentially increasing. To put this in perspective, up until the second half of 2013, hash rate was less than 100 Terahash/s.
Read the full article at https://bitcoinnews.com/mining-hash-rate-spikes-to-record-high-62-exahash-s/
Bitcoin’s hash rate has spiked to a record high of 62 Exahash/s as of 26 August 2018, where an Exahash is equivalent to 1,000 Petahash, and a Petahash equals 1,000 Terahash. The previous record high was 54 Exahash/s on 10 August. This continues the long-term trend of Bitcoin’s hash rate exponentially increasing. To put this in perspective, up until the second half of 2013, hash rate was less than 100 Terahash/s.
Read the full article at https://bitcoinnews.com/mining-hash-rate-spikes-to-record-high-62-exahash-s/
Deloitte: 84% of Businesses Say Blockchain Mainstream a ”Matter of Time”
Multinational professional services network Deloitte has published results of its 2018 Global Blockchain Survey, with significant findings including that 84% of businesses believe blockchain mainstream adoption is just a matter of time, with the biggest issue to this identified as regulatory concerns.
Read the full article at https://bitcoinnews.com/deloitte-84-of-businesses-say-blockchain-mainstream-a-matter-of-time/
Multinational professional services network Deloitte has published results of its 2018 Global Blockchain Survey, with significant findings including that 84% of businesses believe blockchain mainstream adoption is just a matter of time, with the biggest issue to this identified as regulatory concerns.
Read the full article at https://bitcoinnews.com/deloitte-84-of-businesses-say-blockchain-mainstream-a-matter-of-time/
Bitwise, Morgan Creek Set Up Digital Asset Index Fund
Morgan Creek Digital Assets and Bitwise Asset Management, two well-known cryptocurrency hedge funds, have launched the Digital Asset Index Fund to give institutional investors a safe, regulated and efficient way of investing in the crypto markets.
Read the full article at https://bitcoinnews.com/bitwise-morgan-creek-set-up-digital-asset-index-fund/
Morgan Creek Digital Assets and Bitwise Asset Management, two well-known cryptocurrency hedge funds, have launched the Digital Asset Index Fund to give institutional investors a safe, regulated and efficient way of investing in the crypto markets.
Read the full article at https://bitcoinnews.com/bitwise-morgan-creek-set-up-digital-asset-index-fund/
Huobi Acquires Pantronics in Potential Reverse Takeover
Huobi, one of the biggest crypto exchanges in the world with trading volumes in excess of USD 500 million per day, has reportedly acquired Pantronics Holdings Ltd via purchasing 73.73% of its stock for USD 77 million.
Read the full article at https://bitcoinnews.com/huobi-acquires-pantronics-in-potential-reverse-takeover/
Huobi, one of the biggest crypto exchanges in the world with trading volumes in excess of USD 500 million per day, has reportedly acquired Pantronics Holdings Ltd via purchasing 73.73% of its stock for USD 77 million.
Read the full article at https://bitcoinnews.com/huobi-acquires-pantronics-in-potential-reverse-takeover/
South Korea Hosts Blockchain Awareness Hackathon
A government-backed hackathon has been announced in South Korea as part of the 2018 Blockchain Promotion Week.
As reported by local news outlet Money Today, the Korea Internet & Security Agency (KISA) and the Korea IT Industry Promotion Agency (KIPA) will be hosting a 2018 Blockchain Grand Challenge. Sponsoring the event is the South Korean Ministry of Science, Technology and Information.
Read the full article at https://bitcoinnews.com/south-korea-hosts-blockchain-awareness-hackathon/
A government-backed hackathon has been announced in South Korea as part of the 2018 Blockchain Promotion Week.
As reported by local news outlet Money Today, the Korea Internet & Security Agency (KISA) and the Korea IT Industry Promotion Agency (KIPA) will be hosting a 2018 Blockchain Grand Challenge. Sponsoring the event is the South Korean Ministry of Science, Technology and Information.
Read the full article at https://bitcoinnews.com/south-korea-hosts-blockchain-awareness-hackathon/
Blockfi Takes Crypto-Backed Lending to 44 US States with California Coup
Crypto-backed lending platform Blockfi has received a license to operate in California, which takes its spread of business into 44 US states.
The Californian license, on top of the those already held by the company, is an indication of a growing interest in crypto backed lending across the US. Another service, SALT, is currently providing its service in 35 states across the country, with Nexo as another major crypto loan facilitator.
Read the full article at https://bitcoinnews.com/blockfi-takes-crypto-backed-lending-to-44-us-states-with-california-coup/
Crypto-backed lending platform Blockfi has received a license to operate in California, which takes its spread of business into 44 US states.
The Californian license, on top of the those already held by the company, is an indication of a growing interest in crypto backed lending across the US. Another service, SALT, is currently providing its service in 35 states across the country, with Nexo as another major crypto loan facilitator.
Read the full article at https://bitcoinnews.com/blockfi-takes-crypto-backed-lending-to-44-us-states-with-california-coup/
PwC: 84% of Companies Active in Blockchain but More Trust Needed
A new report out by PricewaterhouseCoopers (PwC) illustrates the degree to which companies are now seeing blockchain as an essential business tool.
The report shows that out of companies surveyed, 84% were actively involved in blockchain technology in some way. The PwC 2018 Global Blockchain Survey included 600 company executives for 15 different regions
Read the full article at https://bitcoinnews.com/pwc-84-of-companies-active-in-blockchain-but-more-trust-needed/
A new report out by PricewaterhouseCoopers (PwC) illustrates the degree to which companies are now seeing blockchain as an essential business tool.
The report shows that out of companies surveyed, 84% were actively involved in blockchain technology in some way. The PwC 2018 Global Blockchain Survey included 600 company executives for 15 different regions
Read the full article at https://bitcoinnews.com/pwc-84-of-companies-active-in-blockchain-but-more-trust-needed/
North Korea to Host Pyongyang Blockchain Conference
The Democratic People’s Republic of North Korea (DPRK) is usually in the crypto news media for all the wrong reasons, but there is an indication that the Republic of Korea’s (South Korea) northern neighbor is stirring again with reports of a blockchain conference set for its capital Pyongyang later this year.
Read the full article at https://bitcoinnews.com/north-korea-to-host-pyongyang-blockchain-conference/
The Democratic People’s Republic of North Korea (DPRK) is usually in the crypto news media for all the wrong reasons, but there is an indication that the Republic of Korea’s (South Korea) northern neighbor is stirring again with reports of a blockchain conference set for its capital Pyongyang later this year.
Read the full article at https://bitcoinnews.com/north-korea-to-host-pyongyang-blockchain-conference/
This is one of the frequently updated threads here with latest crypto news. I am going to bookmark it.
Iran Expected to Turn to Regulation After Ineffective Crypto Ban
Comments from the Central Bank of Iran’s Deputy for Innovative Technologies Nasser Hakimi indicate that Iran will legalize and regulate crypto activity sometime in September 2018, putting an end to an ineffective ban that started in April.
Read full article at https://bitcoinnews.com/iran-expected-to-turn-to-regulation-after-ineffective-crypto-ban/
Comments from the Central Bank of Iran’s Deputy for Innovative Technologies Nasser Hakimi indicate that Iran will legalize and regulate crypto activity sometime in September 2018, putting an end to an ineffective ban that started in April.
Read full article at https://bitcoinnews.com/iran-expected-to-turn-to-regulation-after-ineffective-crypto-ban/
Russia’s Drugs Directorate GUKON Wants to Criminalize Unregistered Crypto Operations
Russia’s Ministry of Internal Affairs Main Directorate for Drugs Control (GUKON) is reported to be investigating whether criminal sanctions are appropriate for unregistered cryptocurrency operations.
Read full article at https://bitcoinnews.com/russias-drugs-directorate-gukon-wants-to-criminalize-unregistered-crypto-operations/
Russia’s Ministry of Internal Affairs Main Directorate for Drugs Control (GUKON) is reported to be investigating whether criminal sanctions are appropriate for unregistered cryptocurrency operations.
Read full article at https://bitcoinnews.com/russias-drugs-directorate-gukon-wants-to-criminalize-unregistered-crypto-operations/
Bitcoin Could Be Death Blow for Credit Card Use
The use of digital currency could pose a real threat to credit card companies by pushing down their often exorbitant fees or even by driving some out of business.
Read full article at https://bitcoinnews.com/bitcoin-could-be-death-blow-for-credit-card-use/
The use of digital currency could pose a real threat to credit card companies by pushing down their often exorbitant fees or even by driving some out of business.
Read full article at https://bitcoinnews.com/bitcoin-could-be-death-blow-for-credit-card-use/
Pro-Bitcoin Maltese PM Targeted by Crypto Fraudsters
Prime Minister Joseph Muscat, Malta’s pro-cryptocurrency prime minister, has been the subject of a recent Instagram scam.
Read full article at https://bitcoinnews.com/pro-bitcoin-maltese-pm-targeted-by-crypto-fraudsters/
Prime Minister Joseph Muscat, Malta’s pro-cryptocurrency prime minister, has been the subject of a recent Instagram scam.
Read full article at https://bitcoinnews.com/pro-bitcoin-maltese-pm-targeted-by-crypto-fraudsters/
OKEx Implements Drastic 5-Day Deadline for Verification Requirements
OKEx, among the top four crypto exchanges in the world with daily trading volume often in excess of USD 500 million, has announced drastic changes to their know your customer (KYC) verification requirements in a post on 23 August 2018.
Read the full article at https://bitcoinnews.com/okex-implements-drastic-5-day-deadline-for-verification-requirements/
OKEx, among the top four crypto exchanges in the world with daily trading volume often in excess of USD 500 million, has announced drastic changes to their know your customer (KYC) verification requirements in a post on 23 August 2018.
Read the full article at https://bitcoinnews.com/okex-implements-drastic-5-day-deadline-for-verification-requirements/
Ethereum Devs Consider Hard Forking Every 8 Months
Ethereum developers have so apparently decided to hard fork Ethereum every eight months.
This was the conclusion of a regular meeting conducted over YouTube on 24 August 2018. Some were even suggesting every six months but that was considered too much pressure for the team. A fork called Constantinople is coming soon.
Read the full article at https://bitcoinnews.com/ethereum-devs-consider-hard-forking-every-8-months/
Ethereum developers have so apparently decided to hard fork Ethereum every eight months.
This was the conclusion of a regular meeting conducted over YouTube on 24 August 2018. Some were even suggesting every six months but that was considered too much pressure for the team. A fork called Constantinople is coming soon.
Read the full article at https://bitcoinnews.com/ethereum-devs-consider-hard-forking-every-8-months/
Blockchain Reality Show BlockBattle Premiers October on South Korean TV
It looks like TV might be the next medium for cryptocurrencies through BlockBattle, a South Korean show planned by Asia Economy TV, using blockchain as its theme.
Read the full article at https://bitcoinnews.com/blockchain-reality-show-blockbattle-premiers-october-on-south-korean-tv/
It looks like TV might be the next medium for cryptocurrencies through BlockBattle, a South Korean show planned by Asia Economy TV, using blockchain as its theme.
Read the full article at https://bitcoinnews.com/blockchain-reality-show-blockbattle-premiers-october-on-south-korean-tv/
Bitcoin Transaction Volume Surpasses Discover, Briefly Surpassed PayPal
A crypto analyst on Twitter named Yassine Elmandjra posted some interesting charts which show the growth of Bitcoin’s USD transaction volume throughout the years, showing that Bitcoin has surpassed Discover, a major credit card, and PayPal.
Read the full article at https://bitcoinnews.com/bitcoin-transaction-volume-surpasses-discover-briefly-surpassed-paypal/
A crypto analyst on Twitter named Yassine Elmandjra posted some interesting charts which show the growth of Bitcoin’s USD transaction volume throughout the years, showing that Bitcoin has surpassed Discover, a major credit card, and PayPal.
Read the full article at https://bitcoinnews.com/bitcoin-transaction-volume-surpasses-discover-briefly-surpassed-paypal/
Bitcoin Block Halving Schedule
Bitcoin is programmed to have a maximum supply of 21 million coins, with diminishing mining returns accomplished by cutting the mining block reward in half every 210,000 blocks, until eventually no more Bitcoins are mined. This article explores the past, present, and future of Bitcoin block halving, and its impact on mining revenue and profitability.
Read the full article at https://bitcoinnews.com/bitcoin-block-halving-schedule/
Bitcoin is programmed to have a maximum supply of 21 million coins, with diminishing mining returns accomplished by cutting the mining block reward in half every 210,000 blocks, until eventually no more Bitcoins are mined. This article explores the past, present, and future of Bitcoin block halving, and its impact on mining revenue and profitability.
Read the full article at https://bitcoinnews.com/bitcoin-block-halving-schedule/
Fundstrat’s Lee Sees Bitcoin Market Correlation with MSCI Emerging Markets Index
The co-founder and chief financial adviser of Fundstrat Global Advisers, Thomas Lee, has noticed a correlation between the MSCI emerging markets index and the price of Bitcoin over the past year. Not only is there is a noticeable correlation, with the MSCI peaking in January 2017 around the same time as the crypto and Bitcoin markets, Lee also thinks there is a causation.
Read the full article at https://bitcoinnews.com/fundstrats-lee-sees-bitcoin-market-correlation-with-msci-emerging-markets-index/
The co-founder and chief financial adviser of Fundstrat Global Advisers, Thomas Lee, has noticed a correlation between the MSCI emerging markets index and the price of Bitcoin over the past year. Not only is there is a noticeable correlation, with the MSCI peaking in January 2017 around the same time as the crypto and Bitcoin markets, Lee also thinks there is a causation.
Read the full article at https://bitcoinnews.com/fundstrats-lee-sees-bitcoin-market-correlation-with-msci-emerging-markets-index/
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