CRYPTO WORLD

It’s never been harder to mine Bitcoin

The mean hash rate of the Bitcoin (BTC) network has hit new all-time highs to mark the cryptocurrency’s latest technical achievement, fresh data suggests.

Compiled by monitoring resource Glassnode, a new analysis of Bitcoin’s historical hash rate shows that on Jan.

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BitFury partners with UN

Blockchain development firm Bitfury is set to partner with the United Nations Development Programme (UNDP) on a project to conserve and increase Kazakhstan’s forestland.

As the Astana Times reported on Jan.

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Nike to Tokenize Footwear on Ethereum Blockchain Network

Nike intends to use the Ethereum blockchain network to generate a unique digital asset for limited edition shoes. It got a patent to tokenize footwear on the Ethereum blockchain network.

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CCB Launches A Blockchain-Based Small Business Financing Platform

One of China’s largest financial institutions, China’s Construction Bank (CCB) launched its blockchain based re-factoring platform. The announcement, released on December 10th by local news outlet, Sina Finance App, further points out the bank aims to boost efficiency and reduce risks pinned to the factoring business.

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Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners

The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties.

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Dubai developer launches crypto payment option for home buyers

Ellington Properties says it has chosen Bitcoin Suisse as its preferred crypto brokerage provider

Dubai-based developer Ellington Properties has chosen Bitcoin Suisse (BTCS) as its preferred crypto brokerage provider, adding to the payment options for its base of international customers.

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Binance partners with TravelbyBit to launch crypto-backed Travel Rewards Card

Global travel meets mainstream crypto adoption in this latest venture from Binance and TravelbyBit, the company behind Brisbane Airport’s transformation into the world’s first cryptocurrency-ready airport.

Travel booking platform, TravelbyBit, and leading global cryptocurrency exchange and blockchain ecosystem, Binance, have joined forces to create a cryptocurrency-backed travel rewards card to facilitate crypto payments on major travel websites.

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89% of Chinese Blockchain Firms Have Tried to Issue Crypto

89% of China’s blockchain firms have allegedly tried to create their own cryptocurrency, according to a senior exec at a local blockchain association.

According to the state-run CCTV on Nov.

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Italian banks successfully test data reconciliation via blockchain

The Italian Banking Association (ABI) successfully processed the reconciliation data of an entire year of local banking activity on a blockchain platform.

The association announced the successful test of the Spunta Project’s system in a press release published on Oct.

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BMW, General Motors, Ford to start testing blockchain payments in cars

Five major automakers — BMW, General Motors, Ford, Renault and Honda — will start testing a blockchain car identification and payment system next month in the United States.

Automakers envision self-paying cars, digital IDs Nikkei Asian Review reported on Oct.

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Tether becomes most used cryptocurrency in world

What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70 percent of all the digital-asset world’s market value, you’re probably wrong.

While concrete figures on trading volumes are hard to come by in this often murky corner of finance, data from CoinMarketCap.com shows that the token with the highest daily and monthly trading volume is Tether, whose market capitalization is more than 30 times smaller.

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5200 tobacco shops in France now selling Bitcoin

French crypto startup Keplerk has relaunched its service to accept Bitcoin (BTC) payments in over 5,200 tobacco shops in France starting from Oct. 10.

Service first launched in January After suspending the service in less than two months after launch in January, Keplerk says that its customers will be able to buy Bitcoin from tobacconists in coupons of 50, 100 or 250 euros, France’s top news channel BFM TV reports Oct.

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Over 1000 coins dead in 8 years

A recent study has revealed how the crypto ecosystem is becoming free from a collection of coins affiliated with projects with little or no business proposition, market traction, and ready products, more commonly known as “shitcoins”.

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Australian startup to offer 20% payback on fuel purchases in tokens

Australian startup Incent plans to offer a 20% payback in its INCNT token on fuel purchases at United Petrol stations for a limited time.

Incent announced in a press release published on Sept.

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Penalty for mining BTC on nuclear research center supercomputer

An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC).

Convicted to pay $7,000 fine According to a Sept.

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BitHarp released high performance cryptocurrency mining rigs

A distinguished manufacturer of cryptocurrencies, BitHarp Group Limited www.BitHarp.com is delighted to announce the launch of two new high-performance liquid mining rigs capable of delivering excellent usage capabilities and unprecedented profit making potential.

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Telegram finally releases code for its $1.7 billion TON blockchain

Telegram’s blockchain project, TON, has entered the last preparation stage before going live.

The code for running a blockchain node was released on the test network portal late Friday.

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Binance funds 40 developers to build open-source crypto software

Malta-based crypto exchange Binance wants to spur greater research in open-source blockchain development.

To that end, the exchange unveiled Binance X on Thursday, announcing that it was funding more than 40 developers conducting research into open-source crypto software.

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94,505 bitcoin transaction

A massive 94,505 bitcoin transaction made crypto headlines as investors and investigators speculated from whence the BTC came.

The wallet, first accessed late on September 5, 2019, has been involved in only seven transactions including the massive whale move.

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Dapp data site DappRadar raises $2.33 million from Naspers

Led by Naspers, Blockchain.com Ventures, and Angel Invest Berlin, dapp data analysis and discovery tool DappRadar announced yesterday the closing of a $2.33 million seeding round. The company said it will use the funds for R&D and to add new services to its site.

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