Canaan Unveils 7nm Chip Equipped Miner at Press Conference

At a recent press conference, the world’s second largest manufacturer of bitcoin mining rigs, Canaan Creative, revealed four new products. In addition to the recently reported bitcoin mining television set, the company will launch a 7nm chip-equipped 30T Avalonminer A9, a Litecoin Avalonminer, and a household heater miner. Also Read: Bitmain Offers Wi-Fi Routers Mining Cryptocurrencies … Read more

15,000 Twitter Crypto Scam Giveaway Bots: Duo Security

This week, researchers uncovered empirical data confirming what most in the crypto Twittersphere already know – the space if flooded with scam bots: 15,000 of them to be exact, according to Duo Security. Also read: Queensland, Australia Invests Portion of its $6.1Mil Ignite Ideas Fund in Crypto Startup Researchers Find 15K Twitter Crypto Scam Giveaway … Read more

Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDT

In recent news pertaining to cryptocurrency exchanges, it has been reported that Goldman Sachs is considering exploring custody and other services pertaining to cryptocurrencies; a South African exchange has introduced Tether pairings in the hopes of driving down the local premium on crypto prices through offering arbitrage opportunities to foreign traders; and Blockex has announced … Read more

Crowd Genie to revolutionize the lending business

August 9, Singapore: Crowd Genie Financial Services Pte. Ltd., a company providing innovative lending products and services, licensed by the Monetary Authority of Singapore, has undertaken a strategic initiative aimed at design and delivery of a modern lending and asset exchange platform that is powered by the blockchain technology. The platform will elevate the lending/borrowing … Read more

Decentralizing Crypto Mining Not Vulnerable Any More

The digital currency industry had been facing fears of centralization as BitMain, world’s largest crypto mining setup, had come to control about 70-80% of the entire scene and the ASIC miners were dominating the space. That made it questionable as to whether or not it would be possible for a decentralization of the space and … Read more

Blockpit joins 500 Startups’ first blockchain accelerator

Among just six companies, the Austrian company has been accepted into the world’s leading accelerator 500 Startups as part of their first ever blockchain batch. Blockpit provides automated cryptocurrency tax reporting and seamless portfolio monitoring. As traditional venture capital firms continue to add blockchain and cryptocurrency projects to their portfolio, 500 Startups is zooming in … Read more

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