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3232Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate
https://www.digit.info/study-amid-mining-bans-china-still-commands-worlds-second-largest-share-of-bitcoin-hashrate/
Tue, 17 May 2022 20:00:02 +0000https://www.digit.info/2022/05/17/study-amid-mining-bans-china-still-commands-worlds-second-largest-share-of-bitcoin-hashrate/Read more]]>New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates with 37.69%, according to CCAF researchers. China Is Still the World’s […]
]]>Fed’s Powell Scrutinized for Owning Bonds of the Same Type the Central Bank Bought During Pandemic
https://www.digit.info/feds-powell-scrutinized-for-owning-bonds-of-the-same-type-the-central-bank-bought-during-pandemic/
Tue, 21 Sep 2021 05:45:37 +0000https://www.digit.info/2021/09/21/feds-powell-scrutinized-for-owning-bonds-of-the-same-type-the-central-bank-bought-during-pandemic/Read more]]>As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has been cast into the limelight for owning $1.5 million municipal bonds like the ones the U.S. central bank purchased in 2020 during the pandemic. All Eyes Are On Jerome Powell’s Municipal Bond Portfolio Three days […]
]]>Report Says Western Union Could Lose $400M if El Salvador’s Chivo Bitcoin Wallet Gains Traction, Tim Berners-Lee Weighs In
https://www.digit.info/report-says-western-union-could-lose-400m-if-el-salvadors-chivo-bitcoin-wallet-gains-traction-tim-berners-lee-weighs-in/
Fri, 10 Sep 2021 05:30:18 +0000https://www.digit.info/2021/09/10/report-says-western-union-could-lose-400m-if-el-salvadors-chivo-bitcoin-wallet-gains-traction-tim-berners-lee-weighs-in/Read more]]>The Republic of El Salvador has made many headlines this week as the country adopted bitcoin as legal tender on Tuesday and became the first-known nation-state to purchase the leading crypto asset. A recent report details that remittance providers like Moneygram and Western Union could lose up to $400 million annually if the Chivo wallet […]