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Just recently we reported about the on-chain social media network called Memo, an application that allows people to publish censorship resistant ‘memos’ on the Bitcoin Cash (BCH) blockchain. So far users have sent thousands of on-chain memos, and the platform’s developers have added new features like ‘replies’ which unleashed over 3,000 Memo transactions in 24 … Read more
Director of China’s central bank’s digital currency institute is optimistic about Blockchain’s benefits, but suggests less decentralization will make the technology safer #NEWS Go to Source Powered by WPeMatico
Chinese police have seized 600 computers used to mine Bitcoin in Tianjin, after the local grid operator reported irregular electricity usage. #NEWS Go to Source Powered by WPeMatico
China’s National Audit Office considers Blockchain to streamline its centralized and “endless” data storage and management cycle. #NEWS Go to Source Powered by WPeMatico
Two countries have recently emerged as the new Meccas for token sales following bans in China and South Korea. The number of initial coin offerings in Singapore and Hong Kong has skyrocketed in recent months, as companies seek a favorable environment to raise funds outside their home countries. Also read: Yahoo! Japan Confirms Entrance Into the … Read more
For some obvious reasons, but also irrational fears, big players like China, Russia, and the European Union are wary of cryptos like bitcoin. Centralized control doesn’t square with decentralization. However, often that’s not how their own regions and smaller neighbors feel about cryptocurrencies. In today’s Bitcoin in Brief we cover some recent developments mirroring this … Read more
Despite the multitude of headlines declaring that bitcoin mining was becoming unprofitable over the last four months, the hashrate between both Bitcoin Core (BTC) and Bitcoin Cash (BCH) networks has exploded. At the moment both SHA-256 proof-of-work (POW) powered protocols have been maintaining more than 35 exahash per second, becoming one of the most powerful … Read more
The Chinese government has reaffirmed its negative stance on crypto and ICOs in a recent statement focusing on preventing illegal fundraising. #NEWS Go to Source Powered by WPeMatico
China’s Shenzhen supports a Blockchain venture capital fund totaling around $79 mln #NEWS Go to Source Powered by WPeMatico
Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed. Also Read: Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased Xunlei CEO … Read more
