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Monthly Archives: August 2018

Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
Bitcoin Magazine Feed

Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry

The crypto industry has scored another first, as a junior U.S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state. According to reports, the Colstrip coal plant in Rosebud County is…
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Coinbase Survey Shows 18% Of US Students Now Own Cryptocurrency
CoinDesk Feed

Coinbase Survey Shows 18% of US Students Now Own Cryptocurrency

University students are clamoring for more courses about cryptocurrency and blockchain technology. That's according to a nationwide survey of 675 students, commissioned by crypto exchange Coinbase and released today. According to the survey, 21 of the top 50 U.S. universities, as ranked by U.S. News and World Report, now offer a class on blockchain technology…
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Above $7K: Bitcoin Price Pushes Higher In Break Past Resistance
CoinDesk Feed

Above $7K: Bitcoin Price Pushes Higher In Break Past Resistance

Bitcoin's (BTC) price surpassed $7,000 early on Tuesday after 20 days stuck in a narrow range below $6,800. The worlds largest cryptocurrency by market capitalization first moved past the $7,000 mark soon after 10:00 UTC today after trading sideways for nearly three weeks. As traders of bitcoin have come to realize, periods of low volatility often come…
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German Financial Group To Launch Crypto Index Funds For Institutional And Retail Investors
Cointelegraph Feed

German Financial Group to Launch Crypto Index Funds for Institutional and Retail Investors

Iconiq Funds, the asset management arm of Germany-based Iconiq Holding — the team behind the ICO and token sale accelerator program Iconiq Lab — is launching a series of digital asset index funds beginning in Q4 2018, the company announced on Aug. 17, 2018. Investment into crypto assets will become available through traditional and regulated…
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Report Alleges North Korea Trialled BTC Mining, Local Firm Developing BTC Exchange
Cointelegraph Feed

Report Alleges North Korea Trialled BTC Mining, Local Firm Developing BTC Exchange

North Korea (DPRK) has attempted to mine Bitcoin (BTC), Yonhap News reported August 27, citing a report compiled by a research unit from South Korea's state-run Korea Development Bank (KDB). Yonhap notes that the mining attempt – which was allegedly conducted “on a small scale” between May and July 2017 – appears to have been…
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China: Alibaba’s Alipay Reveals Government Partnership To Track Rice With Blockchain
Cointelegraph Feed

China: Alibaba’s Alipay Reveals Government Partnership to Track Rice With Blockchain

Alipay and its parent company Ant Financial announced a partnership with local Chinese authorities to use blockchain for ensuring the authenticity of rice, local media report August 28. A major player in the Chinese market, Alipay boasted 400 million users in August 2017. The company is owned by Alibaba affiliate Ant Financial. According to Global…
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