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A notable week for Bitcoin Cash (BCH) – the network successfully upgraded the blockchain protocol by extending the block size to 32MB. The change will allow a greater number of transactions to be processed with inexpensive and consistent transaction fees. Also, Seminole County in Florida will accept tax payments in both Bitcoin Cash (BCH) and … Read more
A Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first crypto … Read more
A Chinese government-backed industry organization has published a report on fake cryptocurrencies. As of April, its monitoring platform has found 421 fake cryptocurrencies, 60% of which are deployed overseas. The Committee has also outlined major red flags of these cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 421 Fake Cryptocurrencies The National Committee … Read more
A study led by China’s Ministry of Industry and IT finds over 421 fake cryptocurrencies and outlines the key signs of likely fraud Go to Source Powered by WPeMatico
The price of bitcoin has fallen again over the last 24 hours. This time, the currency is trading for roughly $8,100 – a $200 drop since yesterday’s $8,300 mark. Since the beginning of the week, bitcoin has repeatedly been hit with price slumps. The Coindesk Consensus Conference – which lasted from Monday to Wednesday – … Read more
Chinese mining manufacturing firm Bitmain will consider AI as an alternative revenue source if China’s regulatory environment makes crypto-related business too risky Go to Source Powered by WPeMatico
Jack Ma, founder of Chinese e-commerce giant Alibaba, says he strongly believes in the value of blockchain, but thinks Bitcoin is a bubble Go to Source Powered by WPeMatico
Bitcoin fails to impress Chinese ministry as it ranks it 13th in its new crypto ratings Go to Source Powered by WPeMatico
The Enterprise Ethereum Alliance has released a client specification that will allow software developers to know the specs required for development, helping interoperability Go to Source Powered by WPeMatico
Chinese mining behemoth Bitmain has strongly refuted allegations that it pressurized an ASIC manufacturer into shutting out a foreign competitor. In a widely shared blog post, Siacoin’s lead developer David Vorick lifted the lid on the cutthroat ASIC mining business. In a response, Bitmain praised Vorick’s input to the industry – but took exception to … Read more
