ihodl: AliPay to Launch Blockchain Platform Next Month
Wednesday, 08 January 2020 17:36
At the moment, the platform is used to solve trust problems in over 40 areas, among which there are international payments and financing.
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The Block: Chinese local government eyes adoption of blockchain for service centers
Wednesday, 08 January 2020 18:03
The provincial government of Anhui, China, has announced a plan to adopt blockchain technology across governmental service centers. According to Xinhua News Agency, Anhui published a new document on Jan. 1 for optimizing the business environment within the province. As a part of the plan, all levels of…
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BeInCrypto: Bitcoin to Top $14,000 Before May, If History Repeats
Wednesday, 08 January 2020 20:08
The 2020 Bitcoin halving is fast approaching. Historically, the cryptocurrency has rallied to new local highs prior to the event and new all-time highs just after it. After the halving, the supply of new Bitcoin released to miners every ten minutes will be cut in two. The…
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The Block: Bitmain cancels operation partnership for its Texas mining farm
Wednesday, 08 January 2020 22:52
Bitmain, one of the world’s largest bitcoin mining machine manufacturers and miners, has terminated its management agreement with its Texas mining farm operator, DMG Blockchain Solution. Announcing the news on Monday, Vancouver-based DMG Blockchain said the two firms mutually decided to discontinue the existing agreement that designated…
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BeInCrypto: TikTok’s Owner Pivots to Blockchain as App Security Flaws Grow
Thursday, 09 January 2020 00:05
TikTok has been found to have serious security vulnerabilities that allow attackers to take control of accounts. The timing is prescient given the recent commitment to blockchain technology by ByteDance, the app’s owner, as a means to verify data. TikTok’s owner, ByteDance, is actively exploring blockchain technology—and…
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Medium: The Ultimate Guide To Understanding Blockchain Transactions
Thursday, 09 January 2020 00:56
The essence of a blockchain is to create a secure environment for network participants to safely carry out transactions.Continue reading on Crypto Spotlight »
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BeInCrypto: Tax Hysteria Over Cryptocurrencies Likely Overblown, IRS Audits Drop to Lowest Level in Decades
Thursday, 09 January 2020 04:42
This past summer, the IRS caused waves when it announced that it would be sending some 10,000 notices to cryptocurrency traders. However, a recent report finds that due to cuts, IRS audits have plummeted to their lowest level in at least four decades. Hysteria over the IRS…
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The Block: Ethereum researcher Virgil Griffith has now been formally indicted in North Korea case
Thursday, 09 January 2020 07:10
Ethereum research scientist Virgil Griffith has now been formally charged for allegedly assisting North Korea in learning more about blockchain and cryptocurrencies. Inner City Press reported the news on Wednesday, saying that Griffith has been indicted for “conspiracy to violate the International Emergency Economic Powers Act.” Griffith…
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BeInCrypto: An ATOM Decrease Below the Current Support Could End the Upward Trend
Thursday, 09 January 2020 07:44
The ATOM price failed to break out above the 65,000 satoshis resistance area throughout December and began a downward move that is still ongoing. The price has reached a very significant support level and the ascending support line that has measured the rate of increase since the…
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BeInCrypto: Bitmain Slashes Staff in Preparation of Next Bitcoin Halving
Thursday, 09 January 2020 08:47
Bitcoin mining hardware manufacturer Bitmain is reportedly cutting half of its staff as the BTC halving approaches. The move has angered employees as Chinese New Year also nears. Reports are emerging online of protests from disgruntled employees over Bitmain’s proposed staff cut. The timing could not be…
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