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Bitcoin mining firm Bitmain is now valued at $15 billion after closing a pre-IPO funding round with backing from tech giants Tencent and Softbank Go to Source Powered by WPeMatico
Here’s why McAfee’s Bitfi wallet isn’t as “unhackable” as it thought it was Go to Source Powered by WPeMatico
Bitcoin mining is a very competitive industry. It has grown exponentially over the last few years. During the last nine months, there’s been a bunch of new entrants joining the mining rig manufacturing business like GMO Group, Halong Mining, and Ebang. Now there’s a new firm that has partnered with Samsung’s semiconductor foundry called, Innosilicon, … Read more
Brian Norgard, the Chief Technology Officer (CTO) of popular dating app Tinder and an early stage investor in SpaceX and Tesla, has stated that millennials prefer to invest in crypto rather than reserve currencies and conventional assets. Citing a report from CB Insights, Norgard listed the following as being “Millennial investing patterns & preferences”: Low fees … Read more
A recently conducted survey has produced interesting results regarding how much Russians know about cryptocurrencies. People with lower incomes have been found to have a better idea of digital money than their rich compatriots. At the same time, general awareness of cryptos seems to be falling along with their prices. Also read: Crypto Markets Moods … Read more
Ending the day on a high is quite unusual for the cryptocurrency industry. It would appear a small recovery process is taking place for most coins, albeit the XRP price is still on the decline as of right now. It seems unlikely that digital asset will see any form of recovery in the coming hours … Read more
At press time, the father of cryptocurrency is trading for over $7,100. This is about $200 higher than where it stood just yesterday afternoon. One source suggests that bitcoin is still trapped in a selling rally, but that it’s enjoying a day of relief before the bears enter the fray once again. The currency has … Read more
Buying Bitcoin still remains a big problem in most parts of the world. That’s not necessarily because it is difficult to do so, but rather because very few platforms offer this service. When it comes to buying Bitcoin with euros, there are a few exchanges worth looking into. Not all of them have the clout … Read more
Money laundering and Bitcoin have been entwined for quite some time now. Various incidents take place every single year, and the year 2018 hasn’t been any different. Numerous incidents involving Bitcoin and money laundering have taken place in recent months. 3. Money Laundering in Japan Although Bitcoin has become legal tender in Japan, that has … Read more
Bitcoin lacks native privacy and anonymity. Its transactions are public for everyone to see and are broadcasted in real time. To counter this problem, people often rely on mixing services to obtain at least a degree of privacy. There are a few aspects of coin mixers often overlooked by the average Bitcoin user. 5. Not … Read more