The key misunderstanding with China's purported BTC hashrate dominance

With Bitcoin Cash’s Nov. 15 chain split looming, BCH hodlers have deposited more than $300 million worth of the coin into exchanges since the start of the month. 381 Total views 5 Total shares Bitcoin Cash (BCH) hodlers are scrambling to get their coins onto exchanges ahead of the hard fork expected for Nov. 15.According…

Bitcoin remains stuck inside a narrow range, making it difficult to predict the direction of the next possible breakout. The U.S. Dollar Index (DXY), which generally moves in inverse correlation to Bitcoin (BTC), dropped below 100, but that has failed to propel Bitcoin higher. This suggests that Bitcoin is charting its own course in the near…

EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12.Per the release, eToroX users can now also trade stablecoins backed by the Turkish Lira (TRYX), Polish Zloty (PLNX), South African Rand (ZARX) and Hong Kong Dollar (HKDX)…

Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining in Rockdale, Texas. In a news release published on Oct. 21, Bitmain revealed the project had been completed together with the Rockdale Municipal Development District and Canadian technology firm DMG Blockchain Solutions.Pledges to boost the local economyThe news release…

A crypto exchange has announced that it has renewed its sponsorship of an English Premier League football team for the second season running.CoinDeal says the extension of its deal with Wolverhampton Wanderers gives the company the chance to get its brand in front of football fans around the world. With its logo proudly displayed on…

Not all exchanges have disclosed wallet addresses for the funds, however. 209 Total views 1 Total shares According to a new report published by blockchain analytics firm Nansen on June 14, most reputable cryptocurrency exchanges adopted user protection funds amid the collapse of FTX. Together, exchanges such as Binance, OKX and Bitget have more than…

Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments. 408 Total views 33 Total shares As the Income Tax Department of India reportedly considers taxing crypto traders and crypto exchanges soon, experts believe investors should rest assured.According to ET Now’s report, the tax department, which operates under India’s Ministry of…

The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future. 218 Total views 22 Total shares Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express, believes that making payments with crypto is not…

Facebook’s Calibra team have published a research paper outlining a new method for Byzantine fault tolerance, or BFT, testing.Dubbed “Twins”, Claibra’s innovation comprises a lightweight method for testing a network’s BFT implementation.Calibra pioneers BFT testing strategyThe paper asserts that while BFT systems “have seen extensive study for more than two decades,” the field “lack[s] a…