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Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the development process. This is not … Read more
US presidential candidate, Andrew Yang (D), has announced that his campaign for the 2020 election is now accepting cryptocurrency donations. Also in the Daily, Chinese social network, Tianya, is about to issue a native token, and the KICKICO project has been hacked – resulting in the loss of $7.7 million USD worth of tokens due … Read more
In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining … Read more
Cryptocurrency mining has always attracted controversy. This is primarily because so many people only see the negative side in terms of electricity usage. China is slowly ending all ‘unofficial’ domestic Bitcoin mining operations, and the territory of Xinjiang Uyghur is the latest to be affected. Removing Illegal Bitcoin Mining Firms From China It is evident … Read more
Five major banks from each BRICS member state have agreed to conduct a joint study of blockchain tech implementation Go to Source Powered by WPeMatico
Major Chinese social network Tianya to release native cryptocurrency token Go to Source Powered by WPeMatico
Bitmain announce its policy approach to improve shipping and mining processes and provide a “fair and transparent cryptocurrency ecosystem” Go to Source Powered by WPeMatico
After taking a hard stance on cryptocurrencies and ICOs, China is slowly warming up to them and allowing blockchain and crypto innovation to flourish in the country. The latest effort is a $1.5 billion fund launched by the city of Nanjing which will support crypto and blockchain initiatives in the country. The fund is in … Read more
A joint report from China’s IT Ministry and Internet service provider Tencent Holdings finds that blockchain tech can enhance the transparency of financial services Go to Source Powered by WPeMatico
China’s Center for Information Industry Development has released its third ranking of crypto projects. Out of 31 projects, EOS remains at the top of the list while both Bitcoin and Bitcoin Cash have improved slightly from the previous month. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Third Ranking The Center for Information Industry … Read more