Bitcoin Hashrate Set New All-Time-High, Rising 150% YTD
Despite the sharp crash of the cryptocurrency market, the bitcoin network every day welcomes new mining facilities. In August, the hashrate of bitcoin increased by 25%, and since the beginning of the year it has jumped more than twofold.
Russian State-Run Pension Fund To Track And Store Labor Agreements In Blockchain
The new system of the Russian Pension Fund will record all conditions of labor agreements in the decentralized register. This will help reduce costs of storing this data.
Russia To Develop Tool For Tracking Illegal Cryptocurrency Transactions
Russian financial authorities signed a contract to create an instrument "for analysis and detection of illegal activities involving cryptocurrencies". The instrument development is estimated at $3 million.
PwC: Regulatory Uncertainty And Lack Of Trust Are Barriers To Blockchain Adoption Amongst Businesses
Legislative uncertainty regarding cryptocurrency and blockchain technologies and a lack of trust are the main obstacles to the spread of blockchain in the business environment, the study says.
Prominent Economist: Cryptocurrency Market Is Embraced By Apocalypse
Nouriel Roubini, professor of economics from New York and renowned economist, once again cracked down on cryptocurrencies, blockchain and bitcoin. According to him, cryptocurrencies are collapsing and, sooner or later, will disappear.
Leading Chinese Search Engine Baidu Censors Cryptocurrency-Related Chats and Forums
Following the Chinese IT-giants Tencent and Alibaba, Baidu, the third largest search engine in the world, cracked down on cryptocurrencies. It started censoring cryptocurrency-related topics on forums and chats.
ICO Projects Still Retain $1 billion In Ethereum
Projects that attracted funding through initial coin offerings, are still holding large amounts of ETH. Given that many of them are selling ETH, the price of the second cryptocurrency by capitalization may further go down.
Bitcoin Fluctuating Below $7000. What's next?
Bitcoin, while demonstrating a slight price increase, continues to trade below $7,000. The cryptocurrency market has been swinging this year, forcing us to forget about earlier demonstrated unrestrained growth. Analysts predict a further drop in the bitcoin price, still insisting that it will be followed by subsequent rapid growth.
Former Mt. Gox Creditors Start Applying For Refund Via Website, Deadline Set On 22 October
The site of bankrupt Mt. Gox start receiving creditor's claims for refund after court ordered to begin the civil rehabilitation of the notorious cryptocurrency exchange. Deadline for claims is set on 22 October.
Research: Dash Blocks Larger Than 890 Kb Are Not Economically Rational
Scientists from the Arizona University analized the Dash network in order to find its scalability limits and determined the most optimal block size limit.
Scammers Cheat South Korean Businessman Exchanging Bitcoins For Fake Euros Worth €2 million
Two fraudsters from Serbia deceived the bitcoin seller from South Korea and paid him for bitcoins wirh counterfeit euro notes, drawn in Photoshop. The damage amounted to €2 million.
US Regulator Rejects Again To Approve Bitcoin ETF Launch
The US Securities and Exchange Commission published refusal on proposals from three companies to launch exchange traded funds, tied to bitcoin. The decision was expected, as experts predicted that a positive decision is unlikely to be taken before 2019.
Opinion: Bitmain Looses Its Domain As Rivals Snapping At Its Heels
An american analyst claims to see evidences that Chinese mining giant Bitmain is loosing its edge. And volumnous assets in Bitcoin Cash only aggravate the situation.
GOeureka: Next-Gen Solution Shaping the Future of Online Hotel Booking
Discover how GOeureka’s blockchain hotel booking platform is unlocking new value for hotels and consumers globally
Research: Mining Does Not Adversely Affect Planet
A researcher at the University of Pittsburgh argues that concerns related to high electricity consumption by miners have no basis.
Thailand To Iissue Central Bank-Backed Digital Currency Using Corda Platform
The central bank of Thailand in cooperation with a group of financial institutions and banks will soon release a digital currency, which will be used in wholesale interbank operations. The platform the digital currency is built on is R3's Corda.
