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Crypto news

Breaking news headlines about Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and blockchain technology.

Crypto news

​Bitcoin has 4 years of power in the United States

​Bitcoin has 4 years of power in the United States

10:46 am 2019-07-03

Academic researchers at the University of Cambridge (UoC) have launched a real time indicator that tracks the total electricity consumption of the Bitcoin network during the mining process. The news was revealed in a statement published by the University's Interdisciplinary Research Institute (ICA), Cambridge Alternative Finance Center (CCAF), Tuesday, July 2. The BTI Index - the power consumption indicator at Cambridge or CBECI - gives an estimate of the total annual power consumption of Bitcoin (BTC), updated every 30 seconds. Researchers also provide a tool that compares BTC consumption levels with the state of other electricity use,…

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​Crypto Trading Bitfinex returns 100 million USD to Tether

​Crypto Trading Bitfinex returns 100 million USD to Tether

04:35 pm 2019-07-02

Crypto Trading Bitfinex said on Tuesday that it had begun repaying a loan from Tether, its smaller sister in the market. Borrowed up to $ 700 million from the Stablecoin source via a line of credit in early 2019, according to legal files from the New York State Attorney's Office (NYAG). The digital currency market had to pay cash for a $ 850 million hole, which was caused by Crypto Capital's payment processor taking its money from authorities in three separate countries. On Tuesday, the bourse said it had transferred $ 100 million from its…

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Blockchain of ​IBM adds two more shipping companies

Blockchain of ​IBM adds two more shipping companies

02:24 pm 2019-07-02

IBM has hired two other shipping companies to join its blockchain platform with Maersk, a container giant. Singapore-based Hapag-Lloyd and Singapore-based Ocean Network Express (ONE), the fifth and sixth largest airline in the world, announced today that they are the latest shipping companies to join block chain TradeLens. Apart from Maersk and its Hamburg Süd branch, TradeLens was launched in early 2018 with one other shipping company, Asia Pacific International Lines, 17 based in the world based on volume shipments. Over the past year, IBM's TradeLens struggled to register in Maersk's competitors; rival carriers were delayed…

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Digital currency Libra  will not have a separate list in Russia

Digital currency Libra will not have a separate list in Russia

10:46 am 2019-07-02

Russia will not set up a separate list of Digital currency Libra, which Facebook has announced, according to Deputy Finance Minister Alexei Moisev, Interfax reported on Monday (July 1st). Mr Moisev said that Russia would not provide separate legislation on crypto for Facebook, as there would be uniform rules for all digital currencies traded. He added: "No one will impose a ban. There are a lot of companies wondering when it will finally be possible to make an ICO [transparent digital currency] law transparently, it will certainly be regulated, allowed, and that's it." "The…

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​Bitcoin reaches up to 75000 dollars in Zimbabwe

​Bitcoin reaches up to 75000 dollars in Zimbabwe

10:36 am 2019-07-02

Bitcoin traders in Zimbabwe and South Africa see high currency spreads, according to a report by FxStreet, the financial news outlet, on Tuesday (July 2nd). Amid new restrictions on capital in South Africa and Zimbabwe's recent ban on domestic trade in foreign currencies, local traders reportedly saw prices up to $ 50,000 per BTC if they tried to buy the currency from abroad. At the time of the press, BTC is trading above $ 10915 on the South African Luno Digital Currency Exchange, according to CoinMarketCap data, which is 10.5% higher than its price point on…

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Encrypted Currency Trading Binance: America has never been target market for us

Encrypted Currency Trading Binance: America has never been target market for us

04:00 pm 2019-07-01

Binance, one of the most famous Encrypted Currency Trading in the world, has been operating over the past few years and operates under the supervision of Changpeng Zhao. The Malta-based digital currency exchange is one of the few exchanges to operate with clear transparency, despite its dominance of the market, so it was acceptable to rely on local and international audiences. Encrypted Currency Trading "Binnace", through Zhao, recently announced that the main platform will not serve US customers, and suggested then that a separate entity for US users be launched in an attempt to comply with local…

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cryptocurrency Prices make Korean bank intensify its regulations

cryptocurrency Prices make Korean bank intensify its regulations

03:11 pm 2019-07-01

In light of the current high cryptocurrency prices, which have emerged clearly since the beginning of last April of this year, many bodies are trying to enter this market in the presence of regulation within the country allows it. In this context, one of South Korea's largest banks plans to step up regulations on accounts linked to digital currency exchanges, BEI News reported on Monday (July 1st). It is reported that the "special measures" proposed by the Bank of Shinhan include the dedication of staff to analyze account transactions, and believes that the bank hopes to distance…

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Bitcoin works faster than Internet time - BlockStream suggests

Bitcoin works faster than Internet time - BlockStream suggests

10:38 am 2019-07-01

Adam Pack, CEO of Blockstream, the inventor of the hashcash (PoW) proof system that was later used in the Bitcoin mining algorithm (BTC), said BTC time seemed to be operating faster than the Internet time called the early dotcom era. Buck made his statements during a session at the BTC 2019 in San Francisco on June 26 this year. After discussing the beginning of hashcash, in addition to various early electronic financial inventions such as digicash, Buck pointed out that Bitcoin had disintegrated with the vision of a decentralized Satoshi and solved it to counter excess inflation…

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​Blockchain enters the clean energy field through the Clearway Energy Group

​Blockchain enters the clean energy field through the Clearway Energy Group

10:15 am 2019-07-01

Clearway Energy Group has launched an energy-based pilot program based on emerging Blockchain technology, Bloomberg said in a report published Friday (June 28th). The Clean Energy Company, based in the United States, confirmed that its pilot program aims to trade renewable energy assets through the Block chain platform. According to the report, Clearway Energy Group has partnered with Power Ledger, an emerging energy company based on Ethereum (ETH), to build a renewable energy certification trading system. Power ledger, Bloomberg, is reported to be testing the Blockchain-based solution in Massachusetts, one of the United States, generating…

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​Crypto of central banks is necessary .. BIS confirms

​Crypto of central banks is necessary .. BIS confirms

09:57 am 2019-07-01

After issuing comments and reports critical of Crypto over the past few years, Augustin Carstens, president of the Bank for International Settlements (BIS), has acknowledged that central banks may soon need to issue their own currencies. Speaking to The Financial Times on Sunday, June 30, Carstens said that the Bank for International Settlements (BIS), which acts as a central bank for central banks, supports the efforts of global central banks to research and develop Crypto on the basis of national currency. "There are a number of central banks working in this area," Carstens said. "We are working on…

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