Japan’s Internet Giant GMO Launches New Upgraded 7nm Bitcoin Miner

Japanese internet giant GMO has launched a new, upgraded model of its bitcoin miner equipped with 7nm ASIC mining chips. The previous model was sold out. The new model can achieve a higher hash rate and has a “hash power optimization function.” It is for sale at the same price as the previous model. Also … Read more

Luxury Shopping Marketplace Fancy Offers Discount for Bitcoin Purchases

Bitcoin whales and long term holders are always looking for places they can spend their cryptocurrency without having to touch fiat. Fancy allows just that, with a huge catalog of luxury shoes, high-end gadgets and much more. The site now accepts both BTC and BCH, and offers a special discount for crypto shoppers. Also Read: … Read more

Japan’s GMO Gets Ready to Start Selling 7nm Bitcoin Mining Chips

Japanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Readies 7nm Mining Chips Japanese conglomerate GMO Internet … Read more

The Challenge of Conforming Crypto to the Language of Regulation – or Vice Versa

An often overlooked hurdle in the formulation of legislative apparatus for cryptocurrency is the challenge of adapting cryptocurrency to the classifications and language of financial regulations. Also Read: Research Paper Declares Bitcoin Compliant With Shariah Law Language Barrier Between Regulators and Crypto Community A recent article authored by Jonathan Chester, the chief executive officer of Bitwage, … Read more

Kazakhstan Preparing to Prohibit Crypto Trading and Mining, Says Central Bank

The chairman of the central bank of Kazakhstan said that the bank has prepared legislation to prohibit the sale and purchase of cryptocurrencies in the country as well as any kind of crypto mining, citing several risks he sees. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies National Bank’s Crackdown on Crypto … Read more

Bitfinex Rejects All Present and Future Venezuelan Cryptocurrencies

Bitfinex has announced that it will not list or transact Venezuela’s new “oil-backed cryptocurrency” or any other tokens that the country may issue in the future, citing U.S. sanctions. Meanwhile, the Venezuelan government has reportedly set the minimum investment amount for the petro initial coin offering.  Also read: South Korea Clarifies Position After Reports of Possible … Read more

Venezuela Considers Selling Its ”Oil-Backed” Cryptocurrency With a 60% Discount

The advisors of the Venezuelan government have recommended that the country’s oil-backed cryptocurrency, the petro, be sold in private placements at a discount of up to 60 percent. 38.4 million petros, with a face value of around $2.3 billion, could go on sale starting on February 15. Also read: South Korea Urges 23 Countries, EU, and … Read more

PR: Extra Credit Takes Bitcoin Education to the Next Level

For the first time, someone is empowering people to learn about cryptocurrencies. Extra Credit, which is a dual effort with Bitcoin Homework, is a new venture that combines blockchain technology with educational programs designed to teach people about cryptocurrencies, even as they partake in the digital payment for perhaps the first time. The post PR: … Read more