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In The Daily this Saturday, Sapphire has designed a new graphics card suitable for mining the recently launched Mimblewimble cryptocurrency Grin. In other news related to the minting of digital coins, Taiwan Semiconductor Manufacturing Company has reported a significant decrease in its revenues from the mining segment, and some Ethereum miners have switched to Constantinople … Read more
In today’s roundup of crypto chatter, Luke Dash Jr. voices concerns that segwit is bad for BTC because it leads to centralization. Also, Brad Mills shares his insight after using Cointext. Lastly, Lawson Baker, Blake Moore and Andreas Brekken discuss how regulation affects stablecoins. Also read: Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in … Read more
Bitcoin use on darknet markets (DNMs) doubled in 2018, a study has shown, rising to an average of $2 million per day. Bitcoin has long been used to buy goods on the darknet due to its relative anonymity, and looks set to remain a favorite on DNMs, despite the existence of more privacy-focused cryptocurrencies. Also … Read more
Another bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U.S.-based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Bankruptcy to … Read more
On Jan. 17, financial services company Coinme announced that people visiting select Safeway and Albertsons stores in California, Texas, and Washington can now purchase bitcoin core (BTC) through Coinstar kiosks. Coinstar devices are fully automated self-service coin-counting machines and now thousands located in the U.S. market could be equipped to handle cryptocurrency transactions. Also Read: Markets … Read more
International cryptocurrency payroll service provider Bitwage has announced that it has partnered with Texas-based Simply Efficient HR. The move will allow companies to pay W2 employee and payroll taxes in all 50 U.S. states, plus Puerto Rico, using BTC and ETH. Also Read: Bitpay Reports Processing Over $1 Billion Transactions in 2018 Bitwage and Simply … Read more
As the maxim goes, bear markets are good for building out cryptocurrency infrastructure – or “buidling” as the meme of the meme goes. Thursday’s installment of The Daily is rich in examples of the sort of development work being undertaken across the industry. From dapp trackers to virtual worlds, there’s a little bit of everything … Read more
Popular cryptocurrency payment processor Bitpay has released figures showing that the company maintained strong performance during 2018, despite the downturn in the market. For example, while other ventures had to downsize recently, Bitpay’s staff increased by 78 percent from the previous year. Also Read: Binance Launches Euro and Pound Fiat-to-Crypto Platform in Jersey B2B Business … Read more
On Jan. 16, hardware wallet manufacturer Satoshilabs, the creator of the Trezor line of cryptocurrency devices, announced its latest partnership with the mechanical artistry and design company Gray. The luxury designer is well known for its mobile collections like Zyra and Alter Ego and the two companies have now released a “luxury” aerospace-grade titanium hardware … Read more
On Wednesday, cryptocurrency custodial service Bitgo and over-the-counter (OTC) brokerage house Genesis Global announced a partnership to provide fast and secure trades directly from Genesis’ cold storage solution. Essentially, institutional investors who store their assets with Bitgo will be able to access cryptocurrency quotes in a high-frequency fashion similar to acquiring stocks or equities from … Read more