China is busy banning Bitcoin — again.
The People's Bank of China (PBOC), the country's central bank, has ordered four state-owned banks as well as major payment service provider AliPay to cut off any Bitcoin-linked transactions. Following a discussion held with a number of financial institutions, the
MicroStrategy now holds more than 100,000 bitcoin, currently worth over $3 billion in value.
The business intelligence firm has long become the largest publicly listed HODLer. Less than a year after its initial $250 million purchase, MicroStrategy has now cracked the 100,000 bitcoin mark, meaning just under 5%
BIT Mining Limited, the fifth-largest mining pool by hash rate in the world, announced Tuesday that it had successfully transported the first of three mining machine shipments from Sichuan, China to the Central Asian nation of Kazakhstan.
The initial shipment contained over three hundred mining machines with a potential hash
BIT Mining Limited, the fifth-largest mining pool by hash rate in the world, announced Tuesday that it had successfully transported the first of three mining machine shipments from Sichuan, China to the Central Asian nation of Kazakhstan.
The initial shipment contained over three hundred mining machines with a potential hash
China is busy banning Bitcoin — again.
The People's Bank of China (PBOC), the country's central bank, has ordered four state-owned banks as well as major payment service provider AliPay to cut off any Bitcoin-linked transactions. Following a discussion held with a number of financial institutions, the
MicroStrategy now holds more than 100,000 bitcoin, currently worth over $3 billion in value.
The business intelligence firm has long become the largest publicly listed HODLer. Less than a year after its initial $250 million purchase, MicroStrategy has now cracked the 100,000 bitcoin mark, meaning just under 5%
China's crackdown on Bitcoin mining is beginning to materialize as restrictions expand to the Sichuan province, one of the main regions used for Bitcoin mining in the country.
On Friday, the Sichuan Provincial Development and Reform Commission issued a joint notice with the Sichuan Energy Bureau demanding the
Historically, one of the most prominent attack vectors cryptocurrency exchanges have had to deal with were their hot wallets — wallets connected to the internet that hold a certain amount of funds to provide instant liquidity to users in the event of rapid influx of deposits or withdrawals.
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The World Bank will not help El Salvador with its implementation of Bitcoin as legal tender.
"We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory processes," a spokesperson from the World Bank is quoted saying, according to a Reuters report. The
The Lightning Network's bitcoin capacity has never been higher than it is today.
Over 1,512 bitcoin are now locked up in Lightning channels; 60% more than a year ago. In U.S. dollar terms, that's just shy of $60 million, which, while lower than the
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
