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!
Cryptocurrency
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!
