August showed that the crypto industry means more than Bitcoin. Although the price of cryptocurrency fell below the $ 10,000 threshold, the network hash rate reached a record high of 83.5 EH / s. There have also been a number of positive developments for the ecosystem as a whole. The highly anticipated Bakkt platform has…
Yesterday, the South Chinese Morning Post wrote that the Filipino boxer, politician and singer Pacquiao is launching his own token. He does this with the financial support of private investors such as former Liverpool and England football star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan, a member of the royal family of Abu Dhabi….
Electric Coin Company (ECC), supporting the development of the Zcash cryptocurrency, said the firm managed to avoid layoffs despite financial losses in the first quarter of 2019. According to the report, in the first quarter of this year, the company faced a monthly average deficit of 30%. ECC earned $ 449,000 a month, and company…
The hash rate of the Bitcoin network reaches the record value of 83.5 EH / s Blockchain.com confirms that the hash rate of the Bitcoin network has reached a record high of 83.5 EH / s. This is the best BTC achievement in its ten-year history and the first time the hashrate has exceeded 80…
The Ministry of Economy of Kyrgyzstan submitted a draft law “On Amending the Tax Code” for public discussion, which proposes the introduction of taxation on cryptocurrency mining. According to the government, the taxation of cryptocurrency mining will increase the state budget revenues by almost $ 5 million per year, and will also contribute to the…
The TON blockchain (Telegram Open Network) will be compatible with decentralized applications (dapps) for Ethereum. This will create the ability to migrate applications from the overloaded Ethereum blockchain A few days ago there was information that Telegram will releasecode to launch the node in the Telegram Open Network (TON) on September 1, which will give…
According to Australian developer Rusty Russell, vulnerabilities were discovered in the code of several Lightning Network implementations that could lead to a loss of funds. Australian programmer and developer Lightning Rusty Russell wroteon Friday, saying that security issues that could result in a loss of funds were discovered in “various Lightning projects.” Although Russell did…
India’s richest investors are keen to increase their cryptocurrency investments as fears of a slowdown in economic growth plunge the country. According to Quartz, about 36% of high-income Indian residents are pessimistic about the development of the Indian economy over the next three years. This fact encourages them to invest in safer and more alternative…
Samsung comes with news about their flagship, the Galaxy S10. They add bitcoin, binance coin and various stablecoins to the stablecoins they support. Stablecoins, BNB and more Initially, the Korean electronics giant released the Galaxy S10 with only support for Ethereum and ERC20 tokens. Earlier this month, Samsung added bitcoin, but now stablecoins TrueUSD, Maker,…
Migros, Switzerland’s largest supermarket and retail chain, has announced that it will use the TE-Food blockchain platform to track food supply chains. Interestingly, usually retailers use blockchain so that customers have more information about the product, and Migos plans to use blockchain to optimize business processes and increase revenue. However, customers will also receive more…
