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This South Korean City is Spending Millions to Turn People Into Blockchain Experts

Daegu, the fourth-largest city in South Korea, recently announced their plans to allocate over $6 million towards blockchain and artificial intelligence education.According to Up Korea, Daegu’s officials aim to solve what they consider a “serious shortage of resources in the core technologies of the 4th industrial revolution.” The city’s government

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First Mover: Money Legos Turn ‘Exuberant’ as Chainlink Stripped of ‘DeFi’

Price PointIt’s been two steps forward, one step back for bitcoin (BTC) over the past couple months. Prices were down early Wednesday for a second straight day after pushing earlier this week past $12,000 to a new 2020 high. The price move accelerated as traders got hit with margin calls on the BitMEX exchange.  You’re

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Investors Turn Bullish as Bitcoin Exchange Reserves Drop to 1-Year Low

[sociallocker id="55298"] According to data from glassnode, Bitcoin reserves on cryptocurrency exchanges fell to a 12-month low. This coincides with a reported mass outflow of BTC from Coinbase.On June 6, various media outlets reported that Coinbase may sell its blockchain intelligence arm Coinbase Analytics to the Internal Revenue Service (IRS)

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Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving

With bitcoin's price jumping to a two-month high above $9,000, even mining equipment thought obsolete is becoming profitable again, at least for a short time.According to the miner profitability index, tracked by mining pools PoolIn and F2Pool, older mining rigs, such as Bitmain's AntMiner S9 or Canaan's Avalon A851, can

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NYC Hospitals Turn to IBM’s Blockchain Tech for COVID-19 Relief

Northwell Health, a New York-based healthcare group comprising over 800 hospitals, has joined IBM’s Rapid Supplier Connect network.IBM’s network is a cloud-based application that uses distributed ledger technology to assist businesses providing coronavirus relief supplies to connect with buyers.IBM will provide Rapid Supplier Connect free of charge to qualifying suppliers

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