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General Manager of the Bank for International Settlements (BIS), Agustín Carstens, gave a talk at Goethe University in its House of Finance, Tuesday, 6 February in Frankfurt. Titled Money in the Digital Age: What Role for Central Banks?, the talk saw Mr. Carstens acknowledge “We have seen a bit of a shift, to issues at … Read more
One of the biggest expenses when it comes to mining Bitcoin is the price of electricity, to that end, a study has been done on what it will cost you to mine one BTC in different countries. #INFOGRAPHICS Go to Source Powered by WPeMatico
After years of enjoying the increased demand from cryptocurrency mining, GPU manufacturers have begun to signal they might not be too thrilled about miners overcrowding the market. Nvidia has requested retailers to take some measures to try and ensure its produces get into the hands of gamers, not miners. Also Read: U.S. Rating Agency to … Read more
Back in 2016, the number of full nodes within the Bitcoin core network was dropping. At the time, Bitcoin enthusiasts thought the amount of nodes would continue to decline and the metric was used heavily in the scaling debate. However, in contrast to many people’s predictions, the count of full node BTC implementations has been … Read more
Bulgarian law enforcement agencies have raided the offices of Onecoin in Sofia as part of a multinational effort to neutralize what authorities call a “centralized cryptocurrency pyramid scheme”. Three million people may have been defrauded by the company which offers services on four continents, according to media reports. Bulgarian officials were diligent enough to note … Read more
Currently, regulation on Bitcoin has come either regionally or nationally, from certain countries’ central banks and regulators, but there is a call for a united global front. #ANALYSIS Go to Source Powered by WPeMatico
A member of the board of Germany’s Bundesbank, has suggested that any attempt to regulate cryptocurrencies would require international cooperation. #NEWS Go to Source Powered by WPeMatico
A joint report by Center on Sanctions & Illicit Finance and Elliptic, a cryptocurrency forensics firm, has indicated that Bitcoin laundering for illicit drug activity is a highly centralized process. #NEWS Go to Source Powered by WPeMatico
Online German news site, €uro am Sonntag, interviewed Bundesbank board member Carl-Ludwig Thiele who revealed the European Union has no plans to issue a state-backed cryptocurrency. He also goes on to agree with the idea that bitcoin was a direct reaction to the 2008 financial crisis, and how “our currency, the euro, is essentially based … Read more
Chinese cloud-based solutions service, Seven Stars Cloud Group, Inc. (SSC), announced this week its 27 percent purchase stake of US crypto blockchain exchange Delaware Board of Trade Holdings Inc. (DBOT). SSC is owned and run by entertainment mogul Bruno Wu, who many analysts believe is trying to get in on the near-half a trillion cryptocurrency … Read more
