Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
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Bitcoin price nears $36K as altcoins make 10% gains
Bitcoin (BTC) tackled resistance at $35,000 on Tuesday as upward momentum began to resurface throughout cryptocurrency.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price targets range highData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting 24-hour highs of $35,780 on Bitstamp on Tuesday.The pair put in 4.5% gains on the day, restoring confidence to traders who…
Amazon Announces Two Blockchain-Related Products; Quantum Ledger and Managed Blockchain
E-commerce giant Amazon announced the debut of two new services, Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain, according to a press release shared with Cointelegraph Nov. 28.QLDB is a ledger database designed to provide transparent, immutable, and cryptographically verifiable log of transactions, which is overseen by a central trusted authority. All changes are…
MATIC says ‘no’ to crypto bears with new all-time highs, weekly gains near 120%
MATIC is now the 17th-biggest cryptocurrency by market cap as an exchange listing sees it reject the bearish mood afflicting major tokens. 1388 Total views 11 Total shares Ethereum infrastructure development platform Polygon’s MATIC token hit new all-time highs on May 18 to become the best-performing cryptocurrency on the day.MATIC/USD 1-hour candle chart (Coinbase). Source:…
Global Retail Giant Auchan Expands Blockchain Tracking Solution to Five More Countries
Global retail giant Auchan is expanding TE-FOOD’s blockchain solution to improve the transparency of products’ history, U.S.-based news agency Cision PRWeb reports today, Dec. 4.The French retail group, which is reportedly the 13th largest food retailer globally with operations in 17 countries, has extended TE-FOOD’s FoodChain solution to five more countries.FoodChain is the international traceability…
MGA Entertainment and Ioconic launch L.O.L. Surprise NFT platform in 20,000 retail stores worldwide
The collectibles will be available at 20,000 retail locations including Walmart, Target, Walgreens. 515 Total views 32 Total shares Toy company MGA entertainment announced Tuesday that the first nonfungible token (NFT)-based cards for the L.O.L. Surprise trading card game are now available for purchase.The company entered into a partnership with digital asset consultancy firm Ioconic in September and…
CME Bitcoin futures show investors betting on $40K BTC price
The demand for institutional investors for Bitcoin (BTC) became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance's BTC futures markets in terms of size. According to BTC derivatives metrics, those investors are showing strong confidence in Bitcoin's potential to break above the $40,000 mark in the short term.CME Bitcoin
Libra Vs. US Congress: All There Is to Know Ahead of Hearings
This week is crucial for the future of Libra: Facebook's cryptocurrency project will be subject to two back-to-back hearings in the United States Congress. First, the Senate Banking Committee will discuss the token on July 16. Then, on the following day, Libra will be reviewed by the House Financial Services Committee. The cryptocurrency’s co-creator, David…
Litecoin hits fresh 2022 high versus Bitcoin — But will LTC price ‘halve’ before the halving?
Litecoin (LTC) has emerged as one of the rare winners in the ongoing cryptocurrency market meltdown led by the FTX exchange's collapse.LTC price outperforms BTC, ETThe 2011-born altcoin rallied nearly 16% month-to-date (MTD) to reach $62.75 on Nov. 22, outperforming its top rivals, Bitcoin (BTC) and Ether (ETH), which lo approximately 25% and 30%, respectively,…