On July 3rd, Bloomberg reported on Bitcoin mining in Iceland. Authors Ragnhildur Sigurdardottir and Nick Rigillo talked to Johann Snorri Sigurbergsson, who is a Business Developer at "HS ORKA", the main power provided for the cryptocurrency mining operations on the island. And although you talk about cryptocurrency and blockchain as a fad Bloomberg, we forgive you. They speak…
In light of the Google Ban, followed by Facebook and Twitter, we've reached out to advertising companies working with cryptocurrency related traffic. The idea behind the interview is based on a simple premise: "Evaluate the effects of mainstream social media banning cryptocurrency advertisements." For this, we've met with three different advertising companies: BitMedia.io, CoinTraffic.io, and Coinzilla.io. We've asked them the…
On the 26th of June Crypto Briefing, Bitcoininst, CryptoVest, Smartereum, LiveBitcoinNews and CryptoCoinNews all reported on the Bitmain-owned pools Antpool & BTC.com reaching close to 51% of Bitcoin's total hashpower together. What they failed to consider is the fact that the company does not own the majority of the miners participating in the pools, but rather just supports them with infrastructure…
Satoshi Nakamoto is set to receive a "digital statue" in the capital of Ukraine, Kiev. The creator of the world's first decentralized cryptocurrency Bitcoin will replace what used to be a statue of Vladimir Lenin. During the Ukraine civil unrest in 2013/14, Lenin's statue was toppled and has remained this way since, but this is soon…
On June 20th, at about 3 am UTC, Bithumb announced a notice for Twitter subscribers explaining that the reason behind the suspension of deposit and withdrawals is because they noticed $30 mil to be missing from the exchange. They assured everyone that Bithumb would cover all expenses and affected users will be fully refunded.
Then this tweet…
Baidu is an international tech company based in China. It was established in January 2000 and currently it is the second largest search engine after Google. The company announced this week that they are launching a space game operating on a blockchain. The game is called “ Du Yuzhou ” which translated means “The Universe”…
For what is the second time this year, the Asian crypto markets have been hurt by hackers. "Coinrail," a major crypto exchange in South Korea, and one of the top 100 crypto exchange companies in the world temporarily lost control over $40 mil worth of crypto. The hack which was said to have happened in…
Coinmint has reached an agreement with the local authorities of Upstate New York’s Massena country. The New York Power Authority (NYPA) decided to support an initiative by NCDC, the Coinmint subsidiary North County Data Center, to open a bitcoin mining facility in the premises of the old aluminum smelting plant known as the Alcoa East Facility.…
Mastercard has submitted a patent application to the US Patent & Trademark Office (USPTO) for a system that is authenticating cards at the point of sale (POS) using blockchain technology. The company has always been outspoken about numerous flaws of traditional payment services and security platforms stating those are prone to breaches, error, and manipulation.…
Residents of the city of Zug in Switzerland will be participating in a blockchain trial voting process [1] set to take place from June 25th to July 1st, 2018. The city, often referred to as "Crypto-Valley", has been a major hub of blockchain technology and will be testing this kind of voting process for the…
