Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model (86TH/s). Also read: Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List Bitmain Launches the S19 Series Processing Up to 110 Trillion Hashes per Second Bitmain, one of the top mining rig manufacturers…

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UK’s FCA Suspends Epayments Service – Over £100M Frozen and Alleged Onecoin Connection

Epayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been complaining because they cannot access their money. Reports also detail that if the firm becomes insolvent, Epayments clients won’t be protected by any type of FCA-regulated insurance fund. Additionally, a non-executive director who resigned last week was once the head of cards and payments at Locke Lord, a law firm…

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Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors

A court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with its defense team insisting the lawsuit had been filed too late. Also read: XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash Ripple’s Attempt to Dismiss XRP Court Case Fails The consolidated class action lawsuit was filed last…

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Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls

Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government falters, some traders are calling for a separation of money and state, thinking it is high time to put financial power back into the hands of the people. Also read: Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens Mass Unrest Over…

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The Bull and Bear Case for Investing in the Top 20 Cryptocurrencies

Should you buy bitcoin or bitcoin cash? Does tezos have further room to grow? Is monero a long-term hold? There are no absolute answers to these questions and no crystal ball to determine which crypto will pull a 5x before the year’s out. Based on fundamentals alone, however, here are some reasons why you might wish to buy or sell the top 20 cryptos by market cap. Also read: Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List Bitcoin Bull: The bull case for investing in bitcoin core…

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