Altcoin traders continue to feel the pain as Bitcoin (BTC) gains, with Bitcoin Cash (BCH) hitting new all-time lows. Data from Cointelegraph Markets and other sources shows that as of Nov. 10, BCH is worth less in BTC terms than ever before. Bitcoin Cash plunges to new BTC lows At press time, BCH/BTC traded at
Month: November 2020
The hash power of the Bitcoin (BTC) network has jumped by roughly 30% over the past 24 hours, which if sustained, suggestsg a major difficulty adjustment may soon be incoming. According to Coinwarz, Bitcoin’s hash rate currently sits at 157.5 exahashes per second (EX/s) after briefly pushing above 160 EH/s. As of this writing, BTC
The Treasury Department of the United Kingdom has revealed it is drafting proposals to regulate private stablecoins, while also researching central bank digital currencies (CBDC) as an alternative to cash. In an announcement published on Nov. 9, U.K. Treasury Chancellor Rishi Sunak noted the forthcoming regulatory proposals alongside other goals for the country’s financial services
Bitcoin’s second attempt to close above $16,000 hit a wall on Monday as traders assessed the latest progress on a coronavirus vaccine. The benchmark cryptocurrency fell 0.77 percent, suggesting that its last week’s advance, which took its price to a three-year high, would reverse in the daily sessions ahead. Bitcoin also plunged on technical merits
Douglas Tuman, a crypto enthusiast and host of the Monero Talk podcast, has lost in his bid to represent New York’s 4th District in the U.S. Congress. According to election results from The Associated Press, Tuman, a Republican, received 134,243 votes to incumbent Democrat Kathleen Rice’s 147,580 in New York’s 4th District, which includes parts
Microsoft’s new Xbox console hit stores worldwide Tuesday, kicking off a holiday season battle with Sony’s latest PlayStation model, as the coronavirus pandemic creates unprecedented gaming demand around the world. The Xbox Series X launches just two days before Sony’s next generation PlayStation 5, in a head-to-head likely to dominate the gaming sector this shopping
With Xbox Series S/X launching Tuesday globally, EA Play — the subscription offering previously known as EA Access / Origin Access — will join Xbox Game Pass on the same day. That will give Xbox owners, be it those on Xbox One or Series S/X, access to dozens of titles from the EA Play vault,
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters President-elect Joe Biden presents a mixed bag for Tesla and other electric car-makers. On the pro side, Biden’s stated goals for clean energy and manufacturing could mean new government incentives for
Apple on Tuesday is expected to unveil new Mac computers using its own in-house processor chips, a move that could reignite a race to control the market for desktop and laptop chips and benefit players such as Qualcomm. The market has been dominated by Intel and Advanced Micro Devices since 2006, when Apple joined most other
Maintain your employer brand in a pandemic Read the VentureBeat Jobs guide to employer branding Download eBook Ayar Labs, a startup leveraging novel silicon processing techniques to develop high-speed, high-density, low-power optical-based interconnect “chiplets” to replace traditional I/O, today raised $35 million. The company says the proceeds will be put toward product development and commercialization
Hike, the Indian company that once gained popularity in the country’s instant messaging market by bringing a local alternative to WhatsApp, is aiming to expand its presence by introducing a mobile-first virtual space called HikeLand to the masses. First launched in June for initial testing, HikeLand has now been brought out of early preview. Hike
Enterprises depend on SaaS applications for countless functions, like collaboration, marketing, file sharing, and more. But problematically, they often lack the resources to configure those apps to prevent cyberattacks, data exfiltration, and other risks. Catastrophic and costly data breaches result from SaaS security configuration errors. The Verizon 2020 Data Breach Investigations Report found that errors
Professional traders are often perceived to be the smartest as they weigh the risks before investing in an asset class. Opposite to that, most retail traders only keep an eye on the possible profits and disregard the risk before investing. Therefore, the increase in the number of Bitcoin (BTC) addresses holding more than 100 Bitcoin
When Bitcoin SV (BSV) forked from Bitcoin Cash, its mandate to create a faster, payments-focused blockchain required gutting some of Bitcoin’s key technical features. In doing so, it gutted some of Bitcoin’s key features; now, it’s worse off for it. One of these features, the so-called pay-to-script hash (P2SH) function, allows a user to send
Bitcoin’s long-waited bull run and the recent wave of corporate and institutional investors allocating significant portions of their reserves to Bitcoin (BTC) are all signs that the pace of crypto’s mainstreaming is rapidly accelerating: But has the path to mass adoption come at the cost of privacy and decentralization? Know Your Customer and Anti-Money Laundering
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