Bitmain: investment of US $ 500 million
The mastodonte Bitmain has announced its intention via a press release to create a blockchain data processing center and a Texas-based bitcoin mining site for $ 500 million as part of its expansion into the United States.
Bitmain, unstoppable
Nearly half a billion is the equivalent of last year's nominal GDP of Comoros, islands in the Indian Ocean, in northern Mozambique....
Getting Familiar With Cryptocurrencies
Cryptocurrency has always been one of the most controversial technologies we have today. To some, the controversy is primarily fueled by the inability of governments to control the supply and demand of digital assets. Meanwhile, others believe that the skepticism associated with cryptocurrency is as a result of ignorance. Cryptocurrencies for beginners In any case, one thing is certain; cryptocurrency will...
Venezuela: Petro nowhere to be seen
Yet formally announced by the President of Venezuela in person, the local cryptocurrency, the Petro, should have been issued with, not only oil reserves as collateral, but also gold, diamonds and other commodities. A few months later, after a major issue of the latter, the record is far from brilliant: no one user, no investor and even less convenience...
What you need to know about Bitcoin’s awakening
The above references an opinion on Bitcoin upcoming awakening and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Either you look at short-term data or long-term fundamentals, Bitcoin (BTC) is going to appreciate massively in the coming years. And yes, as you may have guessed it...
Vinnik: ‘fake’ interrogation by French prosecutors
Alexander Vinnik's lawyer, a Russian citizen suspected of attempting to launder between $ 4 and $ 9 billion through the former exchange BTC-e, qualifies the interrogation of his client as 'fake'. The French authorities in charge of the investigation had not had the authorization to question down Vinnik this Tuesday, August 28. Vinnik case, The Rebirth If some enthusiastic cryptos have...
Iran: cryptocurrency may be back
The Iranian Central Bank decides to lift the bans on cryptocurrencies by next month. This approach opens the way for new regulations for the latter in the country.
Opening the same file once again: cryptocurrency Shortly before the summer, the currency of Nakamoto and all these derivatives had experienced strong moments in the Persian Gulf and more particularly in the country...
Binance hacked in a coordinated attack: $40 million stolen
Binance has been hacked in a coordinated attack. It resulted in $40 million worth of Bitcoin stolen. The famous crypto-exchange suffered a major security breach for the first time making a lot of noise and lifting quite an important controversy. It recently confirmed that it suffered a large scale hack in which 7,000 BTC ( ̴ $40 million and...
Libra – or how Facebook plans to empower billions of people
Libra is in the spotlight. Everyone is talking and speculating about it. Do we even know what it entails? Are we ready for such financial and societal change? Ca-Libra Financial exclusion is still significantly high worldwide. The World Bank highlights in Financial Inclusion on the Rise, But Gaps Remain, Global Findex Database Shows a research paper from 2018, that approximately...
South Korea: Bitcoin classified as a financial asset
After Russia last summer and Ukraine last October, it is now the turn for South Korea to qualify Bitcoin as a financial asset. South Korea and Bitcoin, a tumultuous love story. At the beginning of the year, a wave of panic had blown not only on the crypto community but more especially cryptocurrencies' price. Also called 'The Bitcoin Country', South Korea...
Beam : a formal approach for privacy coins
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Summary Market Capitalization: USD 56'970 Mio. Coin Market Cap Ranking: #116 Validation: Proof of Work Algorithm: Equihash (modified, forked every 6 months to counter ASICs) Risk: Crowded field (Zcash, Monero, Grin,
Bitcoin second layer solutions for privacy)No...