Bitcoin Mining Firm Navier Starts Tokenized Hashrate Marketplace for Retail Customers
According to Navier, the existing two models available come with a lot of uncertainty. In the Compass Mining model, you have to trust another firm of delivering the right machines at the right time, without any damage, and then sign an agreement for hosting, and hope there are no “gotchas” in the contract, Metnick said. Cloud mining firms essentially offer synthetic hashrate, which users have little control over.
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The chorus is getting louder.Adding his sonorous voice to the chorus of renowned investors talking about bitcoin recently, hedge fund manager Stanley Druckenmiller stated on a CNBC interview this week that he believed bitcoin could perform better than gold.“I own many, many more times gold than I own bitcoin, but frankly if the gold bet…
First Mover Americas: TON Blockchain Resumes After 6-Hour Outage
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 1,934 −3.5% Bitcoin (BTC): $59,953 −4.0% Ether (ETC): $2,522 −4.0% Nikkei 225: 38,371.76 +0.22% Top Stories The TON blockchain resumed

BitGo Signs Strategic Agreement With Korean Heavyweight Hana Bank
KOREA BLOCKCHAIN WEEK, SEOUL — BitGo, a crypto custodian based in California, has signed a strategic business agreement with South Korean commercial bank Hana Bank, BitGo said at Korea Blockchain Week on Tuesday.The deal covers security solutions, tech tie-ups and a possible joint venture, Korea Economic Daily reported. BitGo will assist Hana Bank in the

Bitcoin Puzzle Artist’s Crypto Gaming Startup Now Valued at $13 Million
NEWS One of the bitcoin community’s best-known artists is gearing up to launch a blockchain-powered video game aimed at mainstream audiences. Revealed exclusively to CoinDesk, Marguerite deCourcelle’s startup Blockade Games Inc. raised a $833,000 seed equity round the first week of November from investors including BlockTower Capital Partners and Horizon Digital, to put towards its…

UK Financial Watchdog Warns Crypto Firms to Register Before End of June
Jun 22, 2020 at 11:51 UTCUpdated Jun 22, 2020 at 12:08 UTCIR Stone / Shutterstock.comThe Financial Conduct Authority (FCA) has told crypto businesses it will need half a year to fully process applications before the hard deadline in January. The chief financial regulator announced Monday that any company carrying out “cryptoasset activity in the U.K.”…

WATCH: Deribit CEO Says Crypto Exchange’s $1.3 Million Gaffe Was ‘Wake-Up Call’
news Deribit, the Amsterdam-based cryptocurrency exchange, is learning from last week’s $1.3 million mistake. That’s how much Deribit agreed to reimburse customers after an Oct. 31 flash crash triggered by an error in the exchange’s system for pricing bitcoin futures contracts. CEO John Jansen said Wednesday in an interview that the company has since fixed…

What’s Next for Crypto?
After a staggering crypto rally, primarily led by Bitcoin, it is fair to say that the approval of spot bitcoin U.S. ETFs in January approval was a game-changer. Since January 10, crypto’s total market cap has surged from $1.5 trillion to $2.4 trillion, a 60% increase. Nonetheless, crypto remains a nascent and niche asset class

First Mover: Binance’s New DeFi Futures Let Crypto Traders Bet on Decentralization
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