A New Bitcoin Mining Calculator Aims to Tell ‘Truth’ on Profitability
A new type of profitability calculator has been released – and it brings bad news for many miners.
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Ethereum Classic Suffers Second 51% Attack In a Week
Aug 6, 2020 at 05:10 UTCUpdated Aug 6, 2020 at 05:37 UTCEthereum classic image via CoinDesk archivesEthereum Classic Suffers Second 51% Attack In a WeekEthereum Classic has suffered its second 51% attack in a week after more than 4,000 blocks were reorganized Thursday morning. Mining pool Ethermine’s parent entity Bitfly and crypto exchange Binance reported…
Artificial Intelligence Trend is Accelerating With ‘Lion’s Share’ in the U.S.: Morgan Stanley
The first half earnings season saw an inflection in companies discussing artificial intelligence (AI), with around 15% of firms quantifying a revenue or cost-benefit from using machine learning across a broad spectrum of applications, Morgan Stanley (MS) said in a research report Monday.The bank notes that 316 qualifying companies mentioned AI, with 106 explicitly citing…
New FSA Chief Rules Out ‘Excessive’ Regulation of Japan’s Crypto Exchanges
The new commissioner of Japan's top financial regulator has spoken of the need for balance when regulating the country's cryptocurrency industry.
Microsoft Is Connecting Its Major Products to Blockchain – Here’s Why
Three years ago, Microsoft Azure was the first to bring blockchain to the cloud. Now it's connecting the technology to just about everything else. The software giant has quietly been building bridges between its blockchain services and other, widely used infrastructure and platforms, such as Office 365 Outlook, SharePoint Online, Salesforce, Dynamics 365 CRM Online, SAP,…
U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan
Crypto regulatory initiatives have stepped up in the U.S. in recent months, JPMorgan said.The stablecoin bill is most likely to be approved before the presidential election, and is a threat to tether’s dominance if passed, according to the bank.Issuance of a central bank digital currency is less likely after the House passed a bill last
Blockchain Bites: Major Crypto Players Sued, Steem Froze Accounts and More
Blockchain Bites: Major Crypto Players Sued, Steem Froze Accounts and MoreAt least 10 class action lawsuits were filed against major crypto firms and personalities accusing them of offering unregistered securities. The thread tying it all together? The lawsuits were filed by the same boutique law firm – Roche Cyrulnik Freedman - heading up another high…
Financial Advisors, Bitcoin Is the Next Amazon
This is what skeptical investors are saying:1. “It’s a bubble.”Andy Edstrom, CFA, CFP, is the author of the book Why Buy Bitcoin, a financial advisor, and Head of Institutional at Swan Bitcoin. He is a speaker at CoinDesk's Bitcoin for Advisors event, November 9 and 10, 2020. 2. “It’s just one competitor among many in…
Bitcoin News Roundup for Oct. 2, 2020
Bitcoin News Roundup for Oct. 2, 2020With Pres. Trump testing positive and a systemically important exchange in deep trouble, CoinDesk’s Markets Daily is back for your latest crypto news roundup!For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co.Today's stories:The cryptocurrency and Asian stock…