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Tag: Bitcoin

Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy

January 14, 2021 BitnomicsBitcoin News

The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information…

Bitcoin

US President-Elect Biden to Nominate MIT Blockchain Professor Gary Gensler as SEC Chairman

January 14, 2021 BitnomicsBitcoin News

The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U.S. Commodity Futures Trading Commission (CFTC) from…

Bitcoin

Bityard Launched Copy Trading System to Benefit Both Copiers and Traders

January 13, 2021 BitnomicsBitcoin News

PRESS RELEASE. Bityard recently launched the copy trading system for CFD (contract for difference) trading, allowing users to copy trading activities from advanced traders, which greatly reduces the difficulty of crypto investment for beginners. Via Bityard copy trading system, beginners…

Bitcoin

Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate

January 13, 2021 BitnomicsBitcoin News

There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin…

Bitcoin

Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High

January 13, 2021 BitnomicsBitcoin News

The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an…

Bitcoin

Indian Doctors Warn of Illegal Covid-19 Vaccine Sales for Bitcoin: Citizens Urged to Wait for Government Approved Vaccine

January 13, 2021 BitnomicsBitcoin News

Indian doctors have warned that the sale of unauthorized Covid-19 vaccines on the black market, where vendors ask for bitcoin as payment, is illegal. According to the doctors, the unsanctioned marketing of the vaccine to the elite is prevalent in…

Bitcoin

T-Systems and Validation Capital Partner With Flow Blockchain

January 13, 2021 BitnomicsBitcoin News

PRESS RELEASE. January 13, 2021 – T-Systems MMS, a subsidiary of the largest telecommunications provider in Europe, Deutsche Telekom, announces today a partnership with Flow blockchain developed by Dapper Labs, the company behind CryptoKitties and NBA Top Shot. T-Systems’ flagship…

Bitcoin

Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC – “Tether Backed by Cash Assets and a Loan”

January 13, 2021 BitnomicsBitcoin News

Bitfinex general counsel Stuart Hoegner has dismissed the notion that only 74% of the tether stablecoin in circulation is fully backed. Hoegner insists the stablecoin is fully backed by assets that include cash, cash equivalents as well as bitcoin. However,…

Bitcoin

Publicly-Listed Lottery Company to Buy $14.4M Worth of Bitcoin Mining Machines

January 13, 2021 BitnomicsBitcoin News

A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17,…

Bitcoin

SV-Based Taraxa Revolutionizes Legacy Data Auditing With Mathematically Provable Audit Trails

January 13, 2021 BitnomicsBitcoin News

PRESS RELEASE. Santa-Clara, CA – Taraxa’s newly released testnet was just put to use for a process auditing platform that minimizes operational friction in multi-party business processes. The Silicon Valley-based blockchain startup is building auditing solutions that infuse database-integrated systems…

Bitcoin

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On January 14, Ian Smith, the co-owner of the Atilis Gym in…

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