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BitMEX Holding Company Appoints New CEO
BitMEX Holding Company Appoints New CEO
News  •  Business  •  Nov 30, 2020 by Thomas M

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

Bitcoin Mining Difficulty Increases By 8.87%
Bitcoin Mining Difficulty Increases By 8.87%
News  •  Technology  •  Nov 28, 2020 by Thomas M

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 Calls for Improved Laws for Bitcoin Users
Russian Prime Minister Calls for Improved Laws for Bitcoin Users

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, 2020
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Russian Prime Minister Calls for Improved Laws for Bitcoin Users
Russian Prime Minister Calls for Improved Laws for Bitcoin Users

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, 2020
BitMEX Holding Company Appoints New CEO
BitMEX Holding Company Appoints New CEO

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

News  •  Business  •  Nov 30, 2020
Bitcoin Mining Difficulty Increases By 8.87%
Bitcoin Mining Difficulty Increases By 8.87%

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

News  •  Technology  •  Nov 28, 2020
Australian Investment Firm Invests in Bitcoin Futures
Australian Investment Firm Invests in Bitcoin Futures

According 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, 2020
U.S. Treasury May Crack Down on Bitcoin Self-Custody: Coinbase CEO
U.S. Treasury May Crack Down on Bitcoin Self-Custody: Coinbase CEO

The 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, 2020
MicroStrategy's Stock Is Up 120% Since Bitcoin Purchase in August
MicroStrategy's Stock Is Up 120% Since Bitcoin Purchase in August

MicroStrategy 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, 2020
Online Poker Players Are Turning to Bitcoin Amid Surge Past $18,000
Online Poker Players Are Turning to Bitcoin Amid Surge Past $18,000

As 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, 2020
Dutch Bitcoin Exchange Looks For "Legal Verdict" With New AML Measures
Dutch Bitcoin Exchange Looks For "Legal Verdict" With New AML Measures

The 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
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