The CEO of Russian e-payments agency Qiwi said Wednesday that in 2011, an personnel employed its payment terminals to mine 500,000 bitcoins. CEO Sergey Solonin explained to the tale whilst talking to students at the Moscow Innovative Communications School. Solonin – whose organization has thrown its excess weight powering...
Sarah H. Brennan, a corporate and securities attorney, leads the blockchain technology, cryptocurrency and digital assets practice team at Lippes Mathias Wexler Friedman LLP. In June 2015, in a race to be a first mover in the space, the New York Department of Financial Services (DFS) enacted the BitLicense...
Bitcoin's recovery continues apace, with prices passing $11,600 in the morning's trading. According to CoinDesk's Bitcoin Price Index, at around 07:00 UTC today, the cryptocurrency reached $11,645.12, before dropping slightly again. At time of writing, the bitcoin global average was at $11,462. Notably, price are higher over on data...
A Switzerland-centered trading system for metal concentrates is forming a blockchain consortium aimed to streamline source chains in the minerals market. To that conclusion, Open up Mineral – a startup founded by a group of former workers from commodity trading and mining huge Glencore – stated it has presently started...
Cryptocurrency mining engineering agency Bitfury Group has just closed an $80 million funding round led by enterprise funds agency Korelya Money. Also participating in the non-public placement had been investors these as Mike Novogratz's Galaxy Electronic, Macquarie Money, Dentsu Inc., Armat Group and other folks, according to a Bitfury push...
Shenzhen-based cryptocurrency info startup BitKan has elevated $10 million in a Series B funding spherical. Primary the spherical is a Chinese financing company called Zhongyunhui Cash, with IDG Cash and bitcoin mining huge Bitmain also contributing cash, the enterprise declared Wednesday. Bitmain is an present investor in BitKan, owning invested...
The code for Bitcoin cash’s hard fork has been activated. With neither facet of the contentious debate foremost up to the hard fork inclined to come to a compromise, two competing implementations of the protocol have now...
Between 600,000 and 800,000 bitcoin miners have shut down because mid-November amid declines in value and hashrate throughout the community, according to the third-major mining pool. In an job interview with CoinDesk, Mao Shixing, founder of F2pool,...
In a letter to investors, Google co-founder Sergey Brin stated that need for the powerful computer systems used to mine ether and other cryptocurrencies has contributed to a "growth of computing." Brin wrote Saturday that quite a few elements have led to a surge in computing ability that has...
A chook? A aircraft? No, that is just a big penis spouting flaming bitcoin. This kind of is the canvas at Satoshi's Location, a world-wide-web app that allows savvy end users to produce digital photos by sending little amounts of bitcoin. In the months because its release, the graffiti...