Cryptocurrency Analysis and News Portal
An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies.$150,000 in powerOn Sept. 21, in an announcement from the Armenian National Security Service, the organization accused an IT company of illegally mining cryptocurrencies from inside a hydropower plant.The state agency reported
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Long Blockchain Corp., previously named Long Island Iced Tea, has reached a definitive agreement to sell its beverage subsidiary, Long Island Brand Beverages.Lemonade company adds blockchain to its nameIn a Sept. 20 press release, Long Blockchain announced the sale of its beverage subsidiary to Canadian firm ECC2 Ventures. Andy Shape,
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Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup.On Sept. 10, ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of “creating practical, scalable and
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Northern Bitcoin AG, a German company specializing in the manufacturing of sustainable infrastructure for cryptocurrency mining, has announced the competition of testing for their newest product: an air-cooled mining container. As per the press release, the container can fit up to 144 ASIC rigs and is hospitable in an outdoor
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With big institutional players flooding the global crypto space, it is a no-brainer to see one of the largest companies in the world, Apple, is “watching cryptocurrency.” The tech giant, which has successfully stamped its feet in the sand of times in the technology industry, recently revealed that it is
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The U.S. Department of Energy (DOE), is granting nearly $200,000 to blockchain company Factom to help protect the national power grid.Blockchain to improve grid reliability and resilienceOn July 12, the U.S. Department of Energy awarded the funds. The overall objectives of the grant proposed to design a system to
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PO8, a blockchain company headquartered in the Bahamas, is asking the crypto and blockchain communities to help them bring relief to the victims of Hurricane Dorian. The firm made its appeal in a blog post on Sept. 2.Hurricane Dorian brings devastation to the BahamasOn Sept. 3, CNBC reported on
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Electric Coin Company (ECC), the firm behind privacy-centric cryptocurrency Zcash (ZEC), reported financial losses in Q1 2019.According to the Q3 2019 report published on Aug. 29, the firm operated at an average monthly deficit of $186,000 during the first quarter of the year.Operating at a lossThe company reportedly was
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Noah Kerner, the CEO of Acorns, anticipates converting niche savings app into bank option utilized by about 100 million users, while celebrities are opting for Acorns to invest in.Jennifer Lopez and Alex Rodriguez, former baseball player, are the latest dual celebrities to invest in the fintech firm Acorns Grow Inc,
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Graph Blockchain has signed a binding Letter of Intent to acquire Cyberanking for $1,500,000 CAD payable through the issuance of common shares in the capital of the Company at a deemed price of $0.05 per share. advertisement“Implementing Graph Blockchain’s private blockchain solutions with Cyberanking LMS will address the need for data
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