Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
BTC miners are struggling to adapt to a post-halving environment.
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These China-based notaries are using the Blockchain to manage their client’s cases
They’ve been quietly handling thousands of cases for months now. 40 firms have used Shanghai’s blockchain-powered notary platform to handle over 3,000 cases since its launch in January.According to Jiemian, the "Hui Cun" platform (which is managed by Shanghai Xuhui Notary Public) is a blockchain-based electronic data storage protocol that exercises notarization functions. It stores…
Ripple to Invest Up to $50M in MoneyGram Following New Partnership
Major money transmission network MoneyGram has entered into a strategic partnership with blockchain-based payments firm Ripple, according to a press release on June 17.As part of the two-year agreement, the two firms will become partners in cross-border payments and foreign exchange settlements with digital assets. As part of the agreement, MoneyGram will be able to…
Mercedes Parent Firm is Building a Crypto Hardware Wallet for Cars
Daimler, the German multinational corporation behind the Mercedes-Benz brand, partnered with European blockchain interface solutions startup Riddle & Code to provide an open car hardware wallet solution, the startup announced in a press release published on July 22.‘Turn automobiles into future market places’Per the release, car wallets have a wide variety of use cases, such…
Ledger wallet company passes official security audit
The process was meant to ensure that customer information is handled properly by the company. 914 Total views 13 Total shares Ledger, a crypto company providing a number of hardware wallet solutions, has obtained a successful System and Organization Controls, or SOC, Type 1 test. Friedman LLP, a New York-based accounting firm, ran the SOC 2…
New York State Assembly passes ban on new BTC mines that don’t use green power
The bill will now be carried with support to the Senate for passing before a final sign-off into law by Governor Hochul. The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in the state that use a…
Libra appoints HSBC veteran to manage crypto project’s operational wing
Top financial services experts continue to join the Libra project. The Libra Association has appointed HSBC veteran James Emmett as managing director of its subsidiary firm, Libra Networks LLC.James Emmet spent 25 years at HSBC and is a former colleague of the Libra Association’s new CEO, former HSBC chief legal officer Stuart Levey. Levey is…
Crypto Markets See Slight Rebound, Bitcoin Trades Above $6,500 Again
Sunday, Oct. 21: crypto markets have seen a slight rebound today, with 19 out of the 20 top cryptocurrencies by market cap in the green, and Bitcoin (BTC) back to trading above $6,500, according to CoinMarketCap.Most of the top 20 cryptocurrencies have seen a slight growth within 0.5 and 2 percent, while Bitcoin Cash (BCH)…
Crypto Stories: The late John McAfee tells the story of how he first found out about Bitcoin
British-American businessman John McAfee talks about his crypto story and how he discovered BTC. 788 Total views 5 Total shares From the Cointelegraph archives, John McAfee tells his crypto story and takes a look back at his very fascinating life.Early in his life, the computer programmer landed a job at the United States National Aeronautics…