Bitmain Launches New T19 Bitcoin Miner After S17’s Troubled Launch
World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC. Go to Source Powered by WPeMatico
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Hashpower Could Migrate From East to West as Global Mining Landscape Changes
The head of Ripple SBI Asia asserts that hashpower is migrating from east to west, however, notes that significant tensions remain between Chinese and U.S. mining firms. Go to Source Powered by WPeMatico
China Passes Law Protecting Cryptocurrency Inheritance
China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum are properties protected by law. Inherited Cryptocurrencies Protected by Law The third session of … Read more
Alibaba Signs Blockchain-Related Deal With Chinese Port Operator
The biggest port operator in China joined the e-commerce giant and Ant Financial to strengthen blockchain’s adoption across the port industry. Go to Source Powered by WPeMatico
Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on May 22, there were 17 mining pools hashing … Read more
China’s TON Community to Launch Their Own Blockchain Network
As the official TON team transfers the TON development to “free source community,” the Chinese TON Community launches their own TON network. Go to Source Powered by WPeMatico
Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’
Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open to manipulation by central banks CBDCs are merely digital versions … Read more
Ripple CEO Says US Regulators Must Embrace Crypto or Fall Behind China
Brad Garlinghouse, the CEO of Ripple, has taken to Twitter urging U.S. regulators to get on board with cryptocurrencies, or risk losing global financial dominance to China. Go to Source Powered by WPeMatico
WeChat Invests $70 Billion in Fintech, Including Blockchain and AI
Tencent Holdings aims to bolster blockchain technology development across China as part of a $70 billion investment in fintech. Go to Source Powered by WPeMatico
Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout
People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project. Go to Source Powered by WPeMatico