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  • Cointelegraph.com News - 10 July 2020, 5:40 am

    ASIC miners are the best option for Bitcoin network security well into the future, new research has found. The wholesale embrace of Application-Specific Integrated Circuits (ASIC) mining for Bitcoin (BTC) could increase the cost of a 51% attack by a factor of up to 2,000.Rod Garratt University of California Santa Barbara presented the research he co-authored with Maarten van Oordt from the Bank of Canada at the Unitize conference on July 10.It examined the varying costs of a 51% attack…Read More

  • Cointelegraph.com News - 10 July 2020, 5:35 am

    Uniswap’s daily volume has rallied to nearly $25 million despite the spotlight on imposter tokens trading on the exchange. Daily trade volume on the decentralized exchange (DEX) and liquidity pool Uniswap has rallied to $25 million on the back of a strong first day of trade for the digital asset protocol Ampleforth’s AMPL.ETH-AMPL currently comprises Uniswap’s top pairing by volume, with nearly $2.9 million in trade activity over the past 24 hours. The past day comprises the second-strongest on record…Read More

  • Bitcoin News - 10 July 2020, 5:10 am
    shariah cryptocurrency

    The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About 60% of the country’s population are Muslims, many of whom have been reluctant to trade crypto in fear that it might not be Sharia-compliant. Shariah-Compliant Crypto Trading The Shariah Advisory Council […] The post Shariah Council Permits Cryptocurrency Investing and Trading appeared first on Bitcoin News.Read More

  • Cointelegraph.com News - 10 July 2020, 4:52 am

    Ethereum price saw a bullish breakout against Bitcoin on July 9 and veteran trader Peter Brandt believes this could trigger a new altcoin season. Popular trader Peter Brandt believes that Ether (ETH) saw a significant breakout in its ETH-BTC pair on July 9. According to the veteran trader, the breakout could be a signal that a new altcoin season could occur in the near-term.Brandt tweeted:“Significant breakout in ETH-BTC with target of .03276 BTC. Most alts should gain on Bitcoin in…Read More

  • Cointelegraph.com News - 10 July 2020, 4:27 am

    Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form. UC Berkeley professor Barry Eichengreen argues that Facebook’s planned Libra stablecoin faces too many “insoluble” problems, and too much resistance from governments, to ever launch.“Libra is an interesting idea that will never see the light of day,” he told the Unitize conference on July 10.Eichengreen asserts that the stablecoin sector is largely ignorant of monetary economics and history. He…Read More

  • Bitcoin News - 10 July 2020, 1:30 am
    fueling the cannabis industry us crypto lending service files for regulated token sale

    Chicago-based lending firm Ceres recently filed for a request to conduct a Reg. A sale in order to get approval from the U.S. Securities and Exchange Commission (SEC). Ceres wants to launch a token that will be used for garnering equity, while the company also wants to launch a coin that can be used to […] The post Fueling the Cannabis Industry: US Crypto Lending Service Files for Regulated Token Sale appeared first on Bitcoin News.Read More

  • Bitcoin News - 9 July 2020, 11:30 pm
    coinbase eyeing us stock market listing as early as this year

    Coinbase Inc is planning a U.S. stock market listing for later this year or early 2021, Reuters reported on Thursday. The plan is subject to approval by the U.S. Securities and Exchange Commission. If successful, Coinbase could become the first major American cryptocurrency exchange to go public. Instead of an initial public offering (IPO}, where […] The post Coinbase Eyeing US Stock Market Listing as Early as This Year appeared first on Bitcoin News.Read More

  • Bitcoin News - 9 July 2020, 9:30 pm
    venezuela seized miners 2

    The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police extortion. Venezuela Seizes Bitcoin Mining Equipment The Bolivarian National Guard […] The post Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion appeared first on Bitcoin News.Read More