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Bitcoin and cryptocurrency mining has become a growing industry, and mining operations continue to compete by making faster chips and purchasing large quantities of land to host data facilities all over the world. Data recorded from around the globe shows the mining economy is booming and the venture has become very profitable for many mining operations and chip manufacturers. For instance, this week it was revealed by regional reports that the Chinese firm, Bitmain Technologies, raked in 14.3 billion yuan ($2.3billion USD) in revenue last year from sales. Also read: Dead…

The majority of cryptocurrency exchanges in South Korea are unable to use the new government-mandated system which was recently implemented. Six major banks have installed the real-name system, but only three have decided to offer the service to crypto exchanges. In addition, only the country’s top four exchanges receive this service from banks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Four Exchanges Able to Use Real-Name System It has been less than a week since the new real-name account system for South Korean cryptocurrency exchanges went…

Another major international leveraged trading brokerage has launched a contract-for-difference (CFD) for Bitcoin Cash paired against the US dollar. This means that Roboforex clients gain today the ability to trade the instrument on the most popular platform in the retail forex market, MT4. Also Read: China to Block Access to International Cryptocurrency Exchanges Bitcoin Cash CFD Roboforex, an IFSC (International Financial Services Commission of Belize) licensed financial broker, has expanded the list of cryptocurrencies available for CFD trading to its clients the via popular MT4 and MT5 FX platforms. The…

As prices tumble and the markets make a huge correction from their spike in early January, the banks are battening down their hatches. Leading UK bank Lloyds joined its counterparts in the US by banning the purchase of Bitcoin and other cryptocurrencies for its customers using credit cards. Credit card issuers fear that people will fall into debts that they will have to shoulder if they buy crypto and the prices continue to fall. Bitcoin has taken a battering this year, falling over 50% from $17,000 in early January to…

Bitcoin and other cryptocurrencies are on the tips of many people’s tongues these days, and now professional athletes in the National Football League are looking to get in on the action. Pro Bowl Bitcoinist The future is always uncertain, even for highly paid professional athletes. With Bitcoin and other cryptocurrencies becoming more mainstream, NFL players are starting to get involved. One player leading the charge among his professional colleagues is the Seattle Seahawks’ cornerback and four-time Pro Bowler Richard Sherman, who began accepting Bitcoin – which he calls “the currency…

This past January the Bitcoin Cash (BCH) developers and community began implementing a new address format called ‘Cashaddr.’ The new protocol serialization makes BCH addresses distinct from other cryptocurrency formats in order to reduce user error, and the change also bolsters some future network functionalities as well. Over the past two weeks, many BCH supporting businesses and service providers have upgraded to the new format. Also read: Crowdfire Founders Plan to Launch Indian Bitcoin Exchange Lots of BCH Infrastructure Providers Implement the New Cashaddr Address Format Just recently the bitcoin cash…

Japan’s leading low-cost airline, Peach Aviation, has been working to implement a bitcoin payment system. Recently, there were reports that the company may be rethinking its bitcoin strategy following the recent hack of a major Japanese cryptocurrency exchange. Peach Aviation and its bitcoin exchange partner have clarified their position. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Peach’s Plan to Accept Bitcoin Peach Aviation has recently clarified its plan to accept bitcoin for airline tickets. This is in response to recent media reports that suggest that the company…

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Smartlands Platform (Stellar-based) is excited to announce it has achieved a significant milestone in its mission of bringing the benefits of blockchain and cryptocurrency to a real economy sector. The launch of the beta version of the Smartlands Wallet, that is integral part of the…

Cryptocurrencies have grown popular in India, and digital asset markets in the region have seen exponential growth despite uncertainty from the Indian government. Now, this week the founders of the popular application Crowdfire have announced the team is launching an Indian-based bitcoin exchange this March. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details Crowdfire Founders Plan to Launch a Cryptocurrency Exchange This March On the same day the Finance Minister Arun Jaitley of India discussed digital currencies and blockchain the founders of Crowdfire announced they are creating an…