Author: Thomas_Prendergast

China Scraps Plan to Categorize Bitcoin Mining as Industry to Be Eliminated

China Scraps Plan to Categorize Bitcoin Mining as Industry to Be Eliminated                                    More than six months after the China National Development and Reform Commission proposed to categorize bitcoin mining as an industry to be phased out from the country, it appears the agency has now scrapped that plan. The National Development and Reform Commission […]

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Bitcoin Falls 43 Slipping Below 9000 for First Time in Two Weeks

Bitcoin Falls 4.3%, Slipping Below $9,000 for First Time in Two Weeks                                   Bitcoin fell 4.4 percent Friday, slipping below $9,000 for the first time in two weeks. Analysts cited a lack of positive market drivers and speculation that the U.S. Federal Reserve might pause this year’s rate-cutting cycle, which could curb demand for the […]

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Why You Can’t Be Anonymous Using Crypto

Why You Can’t Be Anonymous Using Crypto                                         Most people associate blockchain and Bitcoin with anonymity and imagine that they can perform transactions online without being detected. But this couldn’t be farther from the truth, as aside from a few altcoins that have privacy features, Bitcoin and most cryptos aren’t actually anonymous. How Cryptos […]

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Bitcoin Mining to Ramp Up Dramatically in Russia

Bitcoin Mining to Ramp Up Dramatically in Russia                                   Bitcoin mining is heating up as several groups are ramping up production, with one Russian company aiming for 20% of the world’s total. Bitcoin mining has definitely changed over time. Regular people used to be able to mine BTC with their desktop computers, but those […]

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Comrade Communist Party of China Now Promoting Blockchain

Comrade! Communist Party of China Now Promoting Blockchain                                    In an interesting twist, China is now promoting blockchain, albeit from a communist angle, while censoring dissenting views. China has an interesting history with cryptocurrencies and blockchain technology. At one time, most of the Bitcoin trading took place in China, and crypto mining is still […]

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Volvo: Cobalt Used In Car Batteries Will Be Recorded On Blockchain

Volvo: Cobalt Used In Car Batteries Will Be Recorded On Blockchain                                   Volvo Cars Company announced that the Cobalt used in the electric car batteries will be recorded or tracked on the blockchain, reported on 06 November 2019. According to the report, this new announcement of the use of blockchain traceable Cobalt is […]

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China Removes Bitcoin Mining From Its BanList

China Removes Bitcoin Mining From Its BanList                                  China removes the bitcoin mining from the ban list of industries, and now the bitcoin mining industry has no restrictions or danger from the regulatory department of china, reported on 06 November 2019. According to the report, it is confirmed from the information given in the newly […]

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Microsoft and Partners Make it Easier for Businesses to Issue Crypto Tokens

Microsoft and Partners Make it Easier for Businesses to Issue Crypto Tokens                                  The cryptocurrency industry sees an influx of new tokens and assets on a regular basis. The new service launched by Microsoft will only accelerate this trend moving forward. Microsoft has shown a keen interest in blockchain technology in recent years. It allows […]

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University Researchers Accuse Tether of Manipulating Bitcoin Prices in 2017

University Researchers Accuse Tether of Manipulating Bitcoin Prices in 2017                                 Many cryptocurrency enthusiasts like to think back to 2017. It was the year when Bitcoin and virtually all altcoins noted their last all-time high values. To this date, it still remains unclear where this sudden surge came from. Many people still feel Tether is […]

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