Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor

Bitmain, the Beijing-headquartered cryptocurrency mining giant, has officially released the Antminer Z11 machine on Tuesday March 19. The new device is designed to mine coins that are based on the Equihash proof-of-work algorithm such as the privacy-focused altcoin zcash (ZEC). Also Read: In the Daily: Cryptopia Resumes Trading, US Crypto Lobbying Intensifies, Visa Crypto Job Bitmain Releases the Antminer Z11 Crypto winter might be taking its toll on many cryptocurrency miners, and thus the companies that supply them with equipment, but the technological arms race to develop the fastest rigs…

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Malta Tops Crypto Trading Volume But 87% of Reported Data is ‘Suspicious’

Binance and other cryptocurrency exchanges are leading global  trade volume from their new base in Malta, fresh research has found. Malta Hits $35B Monthly Volume CryptoCompare gathered raw data from the exchange sector covering the three months from December 2018 to February 2019, which it released as a report this week. Leading the results was a breakdown of exchange trading volume by jurisdiction, leading Malta come beat countries such as Singapore and the US. “Maltese-registered exchanges represented the majority of trading volume in February (35.9 billion USD) as in previous…

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Japan Capping Cryptocurrency Leverage Trading in April 2020

Japan, arguably the world’s leader in cryptocurrency regulation, is set to drop more rules on the industry by capping leverage trading on cryptocurrency exchanges.  Japanese regulators approved on Friday amendments to Japan’s financial instruments and payment services laws that limit the amount of leverage cryptocurrency exchanges may offer users when margin trading. The cap will now be two-to-four times initial deposits — in line with foreign exchange (forex) trading — according to a report from Nikkei Asian Review. As expected, cryptocurrency exchanges that offer margin trading will now be required…

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In the Daily: Cryptopia Resumes Trading, US Crypto Lobbying Intensifies, Visa Crypto Job

In this edition of The Daily we cover the resumption of trading on the hacked New Zealand exchange Cryptopia, the American digital assets industry’s increased lobbying of politicians, and a wanted ad by the Visa Crypto team. Also Read: Tel Aviv Court Rules Bank Can’t Close Crypto Miner’s Account Cryptopia Resumes Trading, Plans Rebate The New Zealand-based cryptocurrency exchange Cryptopia is now open for trading again. The platform, which was hacked at the start of the year losing almost 10 percent of its assets, has announced that it’s resumed trading…

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Switzerland’s Biggest Online Retailer Starts Accepting Bitcoin

In a major milestone for bitcoin adoption, the ‘Amazon’ of Switzerland, Digitec-Galaxus, is now accepting bitcoin and other select cryptocurrencies as a means of payment. ‘We Wanted to Do This for a Long Time’ Swiss customers of Digitec and Galaxus can now pay with bitcoin 00 when shopping online. In addition to BTC, other altcoins that will be accepted include Bitcoin Cash (BCH), Bitcoin Cash SV (BSV), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), TRON (TRX), OmiseGo (OMG), and NEO (NEO). “Cryptocurrencies are fascinating and could become a relevant…

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Real Estate Giant Holding Live Luxury Home Auction for Bitcoin

A major Australian real estate group is holding a luxury home auction that can be paid for with two cryptocurrencies. There will be a live auctioneer who will call out bids in BTC. The property owner says he wants to keep as many coins as possible. Also read: Crypto Enthusiasts Unite in 4 Indian Cities to Voice Regulatory Suggestions Live Auction for Cryptocurrencies One of Australia’s largest real estate groups, LJ Hooker, is preparing a live luxury real estate auction for cryptocurrencies with a live auctioneer. The company is working…

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IBM Blockchain World Wire Launches in 72 Countries

Today, International Business Machines Corporation (IBM) announced the launch of IBM Blockchain World Wire in a large selection of markets.  IBM Blockchain World Wire is “a real-time global payments network for regulated financial institutions” from the American multinational information technology company. It has been created with the purpose of optimizing and quickening foreign exchange, cross-border payments, and remittances — which has long been one of blockchain technology’s promises. As of this writing, IBM Blockchain World Wire has officially launched payment services in 72 countries with 47 currencies and 44 banking…

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CNY Inflows Into Crypto Markets Surge After Shanghai Composite Spike

Back in January 2017, China’s financial authorities initiated their first crackdowns against domestic bitcoin exchanges, with a ban on mainland exchanges cryptocurrencies against the yuan coming shortly thereafter. Now, close to two years and three months later, a surge of CNY has been flowing back into the digital currency economy after the Shanghai Composite posting a 24 percent gain this week. Also read: BTCC Founder Positive the PBOC Will Remove China’s Exchange Ban The Steady Rise of CNY Trade Volumes on Paxful and Localbitcoins Since the increase in cryptocurrency volumes…

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Intercontinental Exchange Adding Long List of Cryptocurrencies to Dedicated Data Feed

Intercontinental Exchange Data Services (ICE Data Services) recently tweeted out a lengthy list of cryptocurrencies to be included in its Cryptocurrency Data Feed. ICE Data Services provides pricing, analytics, indices, and exchange data in a custom-tailored fashion for clients seeking more insight and information on financial markets. According to its official website, the data solutions it provides “cover a broad range of asset classes, delivered securely to help you address your investing, trading, compliance and risk management requirements.” Now, the informer of global markets will be adding an extensive list…

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Spain’s 2gether Unveils Crypto Debit Card, as Polispay Is Forced to Cancel Its Mastercard

2gether, a Spanish banking platform, has announced the launch of its prepaid Visa debit card that allows holders to pay for goods and services using cryptocurrency. Customers can use the card to make payment in euros or via bitcoin core, bitcoin cash, ripple, ethereum, EOS, litecoin and stellar. Also read: Cboe Discontinues Bitcoin Futures for Now Fee-Free Card Available for Users in the Eurozone In a statement, 2gether revealed that the card “instantly” converts the cryptocurrency to fiat currency. Users within the 19-member Eurozone economic bloc can utilize the card…

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