Tag Archives for " Mining "

OTC Cryptocurrency Desks Trade Billions Over Skype

Finance Big players in the cryptocurrency space have set up their own private network for OTC trading, buying and selling billions every month among their little club. And instead of using Bloomberg, Symphony or anything of that caliber usually employed by traders on Wall Street, they just Skype it. Also Read: Chinese Engineer Arrested for Stealing 100 […]

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Cisco Files Patent for Blockchain-Related Group Communications Method

Adam James · April 1, 2018 · 4:00 am As major companies scramble to the patent office to file blockchain-related applications, Cisco aims to develop a confidential group communications method utilizing Bitcoin’s underlying technology. Another Blockchain Solution According to an official United States Patent Application released on March 29, multinational technology conglomerate Cisco is interested in […]

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Bitcoin ATM Installed in Georgia Amid Growing Interest in Crypto

Featured A new automated teller machine now offers Georgians a fast and easy way to buy and sell bitcoin and litecoin. Support for bitcoin cash has been promised, and other cryptos will also be added in the future. The ATM has been set up at a burger restaurant in the heart of the Georgian capital […]

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Intel Releases Patent for New Cryptocurrency Mining Accelerator

Intel, one of the world’s largest semiconductor companies, has filed a patent for a new Bitcoin mining chip accelerator. Entitled “Bitcoin Mining Hardware Accelerator with Optimized Message Digest and Message Scheduler Datapath,” the patent was originally submitted in September of 2016, but is now being released for the first time. Bitcoin and cryptocurrency mining has […]

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Massachusetts Censures Five ICO Crypto Startups in a Single Day

Crowdfunding Crowdfunding in the United States is a most dangerous game. Massachusetts brought no fewer than five acts of censure on the same day this week. Censure is a formal legal settlement entered into, in this case, with crypto companies accused of financial law violations, and usually involve a Consent Order (to prevent further prosecution, […]

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Slush Pool Mines the First ASIC Boost Block Sparking More Debate

Mining On March 24, the mining operation Slush Pool announced it had mined a block using the controversial ASIC Boost protocol and did so using a Halong Miner. The news follows the pool revealing it was compatible with ASIC Boost which sparked up a heated debate just recently. Also read: What is Asicboost? — An Interview […]

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Zhao Dong Recounts How He Lost 9,000 BTC

Markets and Prices Famed Chinese OTC bitcoin trader, Zhao Dong, recently shared the story of how he first entered the bitcoin markets, the losses he incurred, and his views on speculation in the cryptocurrency markets. Also Read: Snowden on Bitcoin: Blasts Public Ledger and Core Developers Zhao Dong’s Rocky Start in the Cryptocurrency Markets Zhao Dong, […]

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BHP Financial Group – Hash Power Trusted Fintech

Bitcoinist.net · March 21, 2018 · 4:00 pm Singapore – BHP Financial Group is promising to integrate a one for all blockchain system for its customers. It will be the smoothest way to enter the cryptocurrency market and provides a broad financial products and services platform as well as a next-generation cross-border settlement payment system. […]

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Coincheck Drops Anonymous Monero, Dash, Zcash

News Coincheck, the Japanese exchange that lost ~$550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash. The trading platform has recognized the risk posed by these cryptocurrencies which provide high levels of anonymity. Half of the NEM coins stolen in the hack may have been converted already on the […]

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Squeezed! Florida Department of Citrus Employee Arrested for Mining Cryptocurrencies

Jeff Francis · March 17, 2018 · 4:00 am A manager with the Florida Department of Citrus was arrested on charges of grand theft for using state resources for mining cryptocurrencies. A common joke is that government employees can waste a great deal of taxpayer money and never get in trouble. Such is not the […]

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