Ethereum Devs to Implement New Algorithm
Ethereum developers have already reached a tentative consensus to implement a new proof-of-work algorithm that would increase the efficiency of GPU-based mining on the network, as opposed to ASIC-based type of mining. Read more here!
Bitcoin ATM-maker Lamassu Relocates to Switzerland
Bitcoin automated teller machine (ATM) manufacturer Lamassu has moved to Switzerland due to regulatory difficulties in other countries, according to a blog post. Read more here!
Ethereum Returns as Top Altcoin by Market Cap
Ethereum has beaten Ripple to reclaim its position as the biggest altcoin by market cap, according to data released on January 2. Read more here!
Bitcoin, Major Cryptocurrencies Stay in Negative Territory
Most top cryptocurrencies are witnessing discreet to moderate losses, while a handful report gains. Bitcoin’s price hovers under $3,800 again, according to data. Read more here!
Bithumb Wins Alleged Hacking Lawsuit
South Korean crypto exchange Bithumb has won a lawsuit in which an investor had sued the company for his loss of nearly $355,000 in an alleged hack. Read more here!
GMO Internet Group Quits Bitcoin Mining Business
Japanese internet giant GMO Internet Group is ditching the bitcoin mining hardware sector, according to a report citing a public documents. Read more here!
Ethereum-based Status Lays off Staff
Ethereum-based chat platform Status is laying off 25 percent of its staff because of the recent cryptocurrency market decline, according to a post that was published by the company. Read more here!
Bitcoin Will be Worth a Great Deal More
Jeremy Allaire, who is the co-founder of crypto finance company Circle, said in an interview on Friday that bitcoin will be worth “a great deal more” than it is at present. Read more!
Gemini Founders Comfortable with Cryptocurrency Winter
Cryptocurrency trading Gemini founders Tyler and Cameron Winklevoss have launched a mobile crypto trading app together with a new investment vehicle, according to an official blog post that was published on December 11. Read more here!
Vermont Creates Working Group for Blockchain Tech
Vermont, which is the second smallest state in the United States by population, has formed a working group that consists of agencies with a goal towards studying blockchain technology. Read more here!
Ethereum Constantinople to Come in Mid-January
Ethereum core developers have agreed to launch the long-awaited Constantinople hard form at block 7,080,000 as resulted in a bi-weekly developers’ meeting last Friday. Read more here!
Bitcoin Perks Up as Gemini Backs Bitcoin Cash
The prices of major cryptocurrencies increased on Monday morning in Asia, as a Winklevoss-backed crypto exchange in New York is set to start trading Bitcoin Cash. Read more here!
Crypto Prices Rally Despite Japan’s NTA Information Law
Bitcoin and other cryptocurrency prices were higher on Wednesday in spite of the reports that Japan is getting ready to demand cryptocurrency exchanges to provide information on their clients who have been suspected of tax evasion. Read more here!
Medici Ventures Buys Equity in Blockchain GrainChain
Medici Ventures, which is the blockchain venture arm of the Overstock.com Inc, has bought $2.5 million in equity in agricultural blockchain project GrainChain, according to the press release published on Tuesdays. Read more here!
Blockchain Misapplication is “Wasted Time”
Ethereum co-founder Vitalik Buterin said that the misapplication of blockchain technology in some industries leads to “wasted time". Read more here!
- Advertisement -
