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Newest Hardware of MicroBT and Bitmain Are the Most Profitable

21 May 2020 1 minute read 0 comments Abhimanyu Krishnan

The most recent hardware mining equipment released by MicroBT and Bitmain have unsurprisingly proven to be the most profitable hardware, according to research conducted by The Block. The numbers were based on an electricity cost of $0.03 per kilowatt...

Tether Surpasses XRP in Market Cap

21 May 2020 1 minute read 0 comments Abhimanyu Krishnan

At the time of publishing on May 21, Tether (USDT) has surpassed XRP in terms of market, taking the 3rd spot with $8.8 billion. XRP’s market cap falls short by roughly $41 million. A controversial stablecoin, Tether has frequently been in the news fo...

Ghana Fintech Firm Taps Ripple to Give 3 African Countries Instant Cross Border Payments

21 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Ripple recently added Ghana fintech firm Waya Money according to the latter’s website, giving citizens of 3 African countries instant cross-border payments. The latter currently serves Ghana, Nigeria, and Kenya, but soon plans to expand into many mor...

Shopify Lets Merchants Get Paid in Crypto

21 May 2020 1 minute read 0 comments Abhimanyu Krishnan

E-commerce platform Shopify will now let merchants accept payments in crypto, after a partnership between the platform and CoinPayments was announced on May 20. The strategic partnership is motivated by both parties wanting to “fuel wider adoption of...

Lending Platform BlockFi Suffered a Data Breach, No Fund Lost

20 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Cryptocurrency lending platform BlockFi revealed on May 19 that it had suffered a data breach on May 14, though no funds had been lost. Less than half of the platform’s clients had been subject to the breach, which occurred for about an hour. The att...

Blockchain Project Led by former JP Morgan Engineers Integrates Chainlink

20 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Blockchain project Kaden, led by former JP Morgan Chase engineers, announced on May 19 that it has integrated with Chainlink (LINK) to bring real-time price feeds to its network. Kadena will deploy the oracles so that network stakeholders can make us...

Chinese Communist Party Publishes a Guide On Blockchain Technology

20 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Chinese media outlets reported on May 10 that the Chinese Community Party has published a book about emerging technologies, including blockchain technology. Authored by The Central Party School, the book is intended to educate the public and official...

Tezos Now Available at Your Corner Store in France

20 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Tezos (XTZ) has been made available as a payment method to over 10,000 shops in France after French crypto startup Digycode has integrated support for the asset in its prepaid vouchers and gift cards, the former announced in a tweet on May 19. The in...

STEEM Freezes Another $5 Million in Hive Users' Funds

20 May 2020 1 minute read 2 comments Abhimanyu Krishnan

Tron-owned Steem (STEEM) network has frozen another $5 million in funds linked to users of the HIVE network, with a hard fork implementing these changes to be executed on May 20. Network witnesses - which validate the Steem network - are expected to...

'Bitcoin on Ethereum' tBTC Shut Down After 2 Days Due to Bug

19 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Blockchain company Thesis, which is building a platform that brings Bitcoin to Ethereum for the DeFi space, has suspended its tBTC protocol after a bug was discovered, founder and CEO Matt Luongo announced on Twitter. Deposits will be paused for 10 d...