Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power

[ad_1] This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process. With the rapid downfall of bitcoin prices in late 2018 and increasing electricity bills, Chinese mining investors are looking for alternative places to sustain their businesses. The tightened regulations on

50% Of Companies Will Use Blockchain Tech in Next Three Years

[ad_1] Blockchain technology could possibly be used by 50 percent of all companies within the next three years, the vice president of blockchain product development at software company Oracle said on Monday, April 8.Frank Xiong participated in the Forbes CIO Summit in Half Moon Bay, California, where he estimated that 50 to 60 percent of companies will use blockchain technology in the next few years.At the same time, Xiong believes

Understanding Bitcoin, the Demos: How to Become a Bitcoin Power User

[ad_1] The Understanding Bitcoin conference held in Malta from April 5 to April 7, 2019, was all about turning regular Bitcoin users into power users. Bitcoin hardware and software is often more configurable than people realize (or they do realize this but are unable to take advantage of it). Spread throughout the conference were 18 demos by leading Bitcoin developers and experts illustrating how to make the most out of

Full Blocks ‘Only Way’ For Bitcoin to Stay Trustless, Say Seoul Meetup Founder

[ad_1] Bitcoin blocks will ultimately fill up and fees will increase accordingly, another community figure has warned as a spike in volume continues. Somsen: Make ‘Smarter Use’ Of Block Space In a series of tweets April 10, Ruben Somsen, podcast host and long-time convenor of the Seoul Bitcoin Meetup, argued that despite fees increasing, they are part of Bitcoin’s overall transformation into a global payment system. The impact, he argued,

Fewer ICOs Raised Funds in Q1 2019 Than in Q4 2018

[ad_1] The first quarter of 2019 saw fewer initial coin offerings (ICOs) raising funds compared to the fourth quarter of 2018, according to a recent report from rating site ICObench.Per the ICO Market Quarterly Report, containing analytics and trends in the industry for Q1 2019, in Q1 there were almost 350 ICO projects, which is fewer than in Q4 2018. The total volume of funds raised in Q1 reportedly amounted

New York Regulator Rejects Bittrex’s Application for a BitLicense

[ad_1] The New York Department of Financial Services has rejected Bittrex’s application for a BitLicense. The regulator revealed that it has rejected the Seattle-based crypto exchange’s application in a letter recently published. NYDFS Rejects Bittrex BitLicense in a Letter In the letter, the NY regulator blames the rejection on a lot of factors. This rejection marks the first in two years by the NY regulator. Daniel Sangeap, the deputy superintendent

Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 10

[ad_1] The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.The smart money sells when the whole market and especially the retail players are overly bullish. Similarly, these large players enter the markets when the

Bitstamp Receives New York BitLicense

[ad_1] Another digital asset platform has received approval to do business in New York. Bitstamp, one of the largest crypto exchange platforms in Europe, has been granted a virtual currency license from the New York State Department of Financial Services (NYSDFS). The exchange became the 19th firm approved to offer crypto-based services in the world’s financial center. The regulator announced in a press release published on April 9, 2019, that

Bitfinex Scraps Its $10,000 Minimum Balance Rule

[ad_1] Bitfinex is now open to every trader as the Hong Kong-based cryptocurrency exchange has removed its $10,000 minimum balance rule. Citing a rising demand from retail traders who couldn’t trade on the platform due to the requirement, Bitfinex CEO Jean-Louis van der Velde said the platform is now ready for a “new wave of customer accounts,” according to a company Medium post. “We simply could not ignore the increasing

Electrum Servers Remain Under Sustained DoS Attack

[ad_1] Electrum servers are still under a sustained Denial-of-Service (DoS) attack. The wallet developers announced the issue on April 7, 2018. In correspondence with Bitcoin Magazine, Electrum developer Thomas Voegtlin speculated that the attack may be a form of retaliation from a phishing attacker who has been targeting Electrum in recent weeks. Since his phishing attacks had been thwarted, the attacker could now be resorting to DoS attacks instead, simply