Month: August 2020

Over 20 bitcoin mining farms in China’s Inner Mongolia have been stripped of electricity perks after a clampdown by the local government. A document issued by the Department of Industrial and Information Technology of the Inner Mongolia Autonomous Region on Aug. 24, obtained by CoinDesk, shows the government agency has required a local electricity trade
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Japanese financial giant SBI Holdings is preparing to launch contract-for-difference (CFD) trading for major cryptocurrencies like Bitcoin (BTC). Starting Aug. 31, SBI Holdings will start CFD trading service for crypto assets like Bitcoin, Ether (ETH), and XRP, Cointelegraph Japan reports on Aug. 28. As officially announced, the new service will be offered through SBI’s foreign
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Privacy-focused Bitcoin software wallet Wasabi is getting a major protocol overhaul. The Wasabi team is working on a new protocol design, dubbed WabiSabi, in a bid to improve the user experience and privacy guarantees of the wallet’s CoinJoin transactions. The major design change would allow users to coinjoin with different values than their peers, a
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As the blockchain space continues to mature, enterprises are starting to realize the technology’s capabilities. A major promise of blockchain is its ability to connect industries that typically operate in silos, bringing about new opportunities for data-sharing and increased transparency. While private blockchain networks are efficient for sharing sensitive data between network participants, public blockchain
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Bitcoin (BTC) at $11,400 is ripe for a fresh price surge thanks to stablecoin investors buying up cheap coins, data suggests. Highlighting the latest readings from its stablecoin supply ratio (SSR) metric on Aug. 26, on-chain monitoring resource Glassnode forecast upside for BTC/USD. Stablecoin supply ratio “3x stronger” than July 2019 SSR refers to the
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Concordium, an ambitious project whose founders have close links to companies including Volvo, IKEA, Saxo Bank and Nasdaq, is looking to shake up the seemingly glacial world of enterprise blockchain.  The most striking thing about Concordium, which launches its third testnet next month, is the way it pushes what was once anathema to big corporates:
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Investment firm Bitcoin Capital hopes that its exchange-traded product will foster mass crypto adoption. The firm’s Bitcoin Capital Active Exchange Traded Product, or BTCA, is traded on the Swiss Stock Exchange. It can discretionarily allocate funds to fifteen different cryptocurrencies and fiat. Daniel Diemers, one of the directors of FICAS, the company that manages the product, told
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