Chinese Gov’t Study Detects 421 Fake Cryptos, Outlines Key Features of Fraud
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
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Bitcoin Price Watch: Currency Sinks to $8,100
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 ASIC Manufacturer To Turn To AI In Case Of Stricter Gov’t Regulation
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
E-Commerce Giant Alibaba’s Jack Ma Says Blockchain Is Not A Bubble, Bitcoin Is
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
Chinese IT Ministry Cryptocurrency Ratings Released: Ethereum 1st, Bitcoin 13th of 28
Bitcoin fails to impress Chinese ministry as it ranks it 13th in its new crypto ratings Go to Source Powered by WPeMatico
Enterprise Ethereum Alliance Releases Client Specifications To Facilitate Interoperability
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
Bitmain Hits Back at “Dirty Tricks” Accusations
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
Chinese Miners Are Finding Relocation Difficult in Southeast Asia
According to a recent report, cryptocurrency miners from China have been flocking to regions in Southeast Asia like Vietnam, Myanmar, and Cambodia. However, a relocated Chinese miner based in Cambodia says miners trying to find safe havens in other Southeast Asian countries are having difficulties, and losing money every month due to residents complaining and unreliable … Read more
Hodler’s Digest, May 7-13: From Facebook To NYSE, Mainstream Thinks Of Adoption
More insults flew this week from Wall Street–crypto as “baby brains”–but blockchain adoption wins across the globe balanced out the crypto week Go to Source Powered by WPeMatico
This Week in Bitcoin: Ghost Scares Markets, Facebook Mulls Coin
This week’s round-up features a colorful selection of bitcoin stories but we’ll start with the possible explanation for recent market dips. Most cryptocurrencies dropped in price over the period, following developments with depressing effect on traders. In Japan, Mt. Gox’s bitcoins stored in court ordered wallets have moved again, while in South Korea, the largest … Read more