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100x Group, holding company of embattled crypto derivatives exchange BitMEX's operator HDR Global Trading Limited, has announced the appointment of a new CEO following CFTC charges against the exchange in October, which had triggered the immediate replacement of former CEO Arthur Hayes and CTO Samuel Reed. The new
Following Bitcoin's bi-weekly difficulty adjustment, mining difficulty has increased by 8.87 percent today, sitting at 19.16 T—4.4 percent lower than its difficulty all-time high, which was recorded in October this year. The hash rate is the measure of computational power that is being allocated
Russian Prime Minister Mikhail Mishustin said in a recent speech that the country’s government will soon roll out regulations to protect Bitcoin users, as per a meeting transcript published this week. Mishustin acknowledged the burgeoning use of cryptocurrencies in Russia but stated stricter measures would be enforced in the
News • Bitcoin • Nov 30, 2020Russian Prime Minister Mikhail Mishustin said in a recent speech that the country’s government will soon roll out regulations to protect Bitcoin users, as per a meeting transcript published this week. Mishustin acknowledged the burgeoning use of cryptocurrencies in Russia but stated stricter measures would be enforced in the
News • Bitcoin • Nov 30, 2020100x Group, holding company of embattled crypto derivatives exchange BitMEX's operator HDR Global Trading Limited, has announced the appointment of a new CEO following CFTC charges against the exchange in October, which had triggered the immediate replacement of former CEO Arthur Hayes and CTO Samuel Reed. The new
News • Business • Nov 30, 2020Following Bitcoin's bi-weekly difficulty adjustment, mining difficulty has increased by 8.87 percent today, sitting at 19.16 T—4.4 percent lower than its difficulty all-time high, which was recorded in October this year. The hash rate is the measure of computational power that is being allocated
News • Technology • Nov 28, 2020According to Vimal Gor, head of bond, income, and defensive strategies of Australian investment manager Pendal Group, the asset manager now has "active positions in bitcoin futures." Speaking to the Australian Financial Review, Gor said that the best way to play cryptocurrencies right now is Bitcoin. And at
News • Bitcoin • Nov 25, 2020The past few weeks and months have been marked by a strong increase in the regulation of Bitcoin and other cryptocurrencies. Global regulators cracked down on exchanges while agencies like the Department of Justice released reports highlighting the risk of crime enabled by cryptocurrencies. On Wednesday, Coinbase CEO Brian Armstrong
News • Bitcoin • Nov 25, 2020MicroStrategy shocked the world in August when it announced it would deploy $250 million from its balance sheet to buy bitcoin. The move represented the first time a publicly-traded corporation had bought bitcoin for investment purposes. MSTR, the company's stock, immediately rallied following the announcement as the market
News • Bitcoin • Nov 24, 2020As Bitcoin has seen a strong surge in recent weeks, gaining 86 percent since September alone, when it sat around $10,000, online gamblers increasingly look to asset as a way to take profits. According to Bloomberg, Winning Poker Network, a network of online gambling sites, is paying 90 to
News • Bitcoin • Nov 19, 2020The Dutch central bank (DNB) recently imposed stringent anti-money laundering (AML) restrictions on Dutch exchange Bitonic, as made public by the company itself. Now the firm is fighting back. Bitonic, which describes itself as the "first Dutch Bitcoin company," revealed last week that the DNB has mandated the
News • Bitcoin • Nov 19, 2020