New Report Finds 80% of Bitcoin Mining Running on Renewable Energy

A new report from CoinShares into Bitcoin mining suggests the practice is likely loss-making for the majority of miners at current prices. Average Miner ‘Running At A Loss’ In a ‘whitepaper’ which received high praise from cryptocurrency figures, CoinShares examined various facets of mining, which has seen increased prominence in recent weeks as Bitcoin price […]

Continue Reading

New Exchange to Offer Customizable Dashboards — Giving Traders the Information They Want

A new exchange says it has the goal of becoming “the most professional, global and secure marketplace for digital assets” — utilizing state-of-the-art technology that it claims can deliver a processing capacity of 1.5 million order matches per second. ProBit says its platform is “fast, robust and reliable” — helping to give its users an […]

Continue Reading

SEC Settles Charges Against DJ Khaled and Floyd Mayweather for ICO Promotion

The US Securities and Exchange Commission (SEC) has settled charges against DJ Khaled and Floyd Mayweather Jr for unlawful ICO promotion. Both celebrities have agreed to pay the financial penalties without admitting or denying the findings. Failure to Disclose In an official release dated November 29, the SEC has announced the settlement of charges against […]

Continue Reading

Coinbase Launches Zcash Trading Services on Coinbase Pro

Popular cryptocurrency exchange Coinbase is launching Zcash (ZEC) trading on its professional trading platform Coinbase Pro. The announcement made via Coinbase’s blog page states that inbound transfers of the currency will begin at 10 p.m. PST on Thursday, November 29, 2018, though early deposits have already begun. The blog reads, “Once sufficient liquidity is established, […]

Continue Reading

Amazon Unveils ‘Immutable’ Quantum Ledger Database Product

Amazon’s digital arm Amazon Web Services (AWS) revealed two new blockchain-inspired products despite the current cryptocurrency bear market. Amazon Marching Forward Despite the recent decrease across the entire cryptocurrency market, Amazon digital arm AWS (Amazon Web Services) revealed two new blockchain-oriented products, CNBC reports. According to the company’s CEO, AWS is merely responding to increasing […]

Continue Reading

Banks are More Vulnerable to Terrorist Financing than Crypto

A risk assessment report released by the Financial Information Unit (FIU) found banks more vulnerable to money laundering and terrorist financing risks than cryptocurrencies, Business Korea reported. The division of South Korea’s Financial Services Commission researched its domestic financial sector, which includes banks, securities companies, insurers, mutual financing companies, credit card services, and even crypto exchanges. After […]

Continue Reading