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Japan’s internet giant GMO has released the latest results of its cryptocurrency mining operation. The company has also started using 7nm rigs for its in-house mining business. News.Bitcoin.com talked to a GMO spokesperson to find out more details. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 1906 BTC and 636 BCH Mined GMO has released its mining … Read more
IOTA is apparently a project that’s designed to make a big impact on the smart city concept. Thanks to its focus on distributed ledgers and its unique Tangle technology, it seems IOTA has received the backing of the European Commission. Together with +Cityxchange, a new venture will be explored in the coming weeks and months. … Read more
Bitcoin investors and speculators don’t often spend their cryptocurrency holdings on goods and services. For those times it does happen, it appears luxury and expensive items are in high demand. As such, various car dealerships now accept Bitcoin payments. Stephen James BMW Group is the latest dealership to have embraced cryptocurrency. Buying a BMW With … Read more
Cryptocurrency exchanges are interesting creatures in many respects. Some companies fail to gain traction, whereas others obtain a dominant position in a matter of weeks. FCoin certainly falls into the latter category, even though there are also some concerns over how the company is conducting business. The Story of FCoin so Far For a cryptocurrency … Read more
Decentralized exchanges are making their mark on the cryptocurrency industry. Most of these efforts have been fairly limited, but it appears some companies have been more active in this regard. Waves has recently revamped its DEX and introduced a new UI as well as some other improvements. Waves DEX Gets an Upgrade Even though decentralized … Read more
Binance is not just another cryptocurrency company. Although that is the firm’s main bread and butter, there is also a philanthropic mission to take into account. More specifically, the CEO of Binance has made it clear the company is trying to create jobs and offer help to those in need. Donating $1 million to victims … Read more
Indian cryptocurrency exchanges are forging ahead with their solutions to the crypto banking ban imposed by the country’s central bank. A growing number of exchanges have stopped fiat support as they ramp up peer-to-peer and crypto-to-crypto trading. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI Ban in Effect The crypto banking ban by … Read more
It appears bearish momentum is taking hold of the cryptocurrency markets again. After a successful weekend, prices have come down quite a bit once again. Altcoins are feeling the pressure, whereas Bitcoin is still somewhat stable. Especially the IOTA price is dealing with steep declines, which causes some panic among currency holders. IOTA Price Drops Quickly … Read more
Was was to be expected after a rather positive weekend for all cryptocurrency markets, the new week is off to a bit of a rough start. Most of the top currencies have lost a small bit of value, even though there is no reason to panic just yet. The Stellar price, for example, has gone … Read more
South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released … Read more