Bitmain's new Ether ASIC mining rig may not fix GPU shortage after all

Cryptocurrency mining rig manufacturer Bitmain announced the pending release of a new Ether (ETH) miner on April 16. The Antminer E9 model is an application-specific integrated circuit chip, which will run on the Ethereum blockchain’s Ethash algorithm. No official release date has yet been announced for the E9, however, the machine’s arrival may not be as impactful as first suspected. […]

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Turkey to Impose Ban on Cryptocurrency Payments

The cryptocurrency market took a hit on Friday after the Turkish central bank announced a ban on cryptocurrency payments. The bank mentioned that crypto transactions involve significant risks. According to the announcement by the central bank of the Republic of Turkey published in the official Gazette, cryptocurrency assets cannot be used as a mode of payment. The ban will come […]

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SafeEarth Donates $100,000 to TheOceanCleanUp Kicking Off Blockchain Eco Project

Bitcoin Press Release:  Blockchain eco project SafeEarth has donated over $100,000 to TheOceanCleanUp charity with more donations planned for other global charities.  16th April, 2021, London, UK — SafeEarth, a blockchain eco project, has donated over $100,000 to community selected charity TheOceanCleanUp. The donated funds will help towards the removal of plastic waste from the planet. This generous donation represents […]

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COPA vs Craig Wright: What the market thinks

The price of Bitcoin SV (BSV) has been on the rise, and it’s no coincidence that the price rise began on the same day the Crypto Open Patent Alliance (COPA) announced its filing a lawsuit against Dr. Craig Wright. But isn’t this bad news? For those who aren’t up to speed on the matter, COPA has filed a lawsuit in […]

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Chinese mining pools’ hash power plummets amid regional blackouts

The hashing power of top Bitcoin mining pools located in Northwest China appears to have plummeted due to a regional blackout to enable safety inspections. The news was reported by Wu Blockchain, the author of Chinese crypto newsletter Wublock, who noted significant drops in the hash rate of several major pools — with Antpool crashing 24.5%, Binance Pool dipping 20%, […]

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Brian Brooks defends fintech charter to House Financial Services Committee

Brian Brooks has defended the fintech banking charter introduced while he served as the acting comptroller of the currency after Congressional Democrats took aim at the license on Thursday. Brian appeared as a witness before the House Financial Services Committee’s Subcommittee on Consumer Protection and Financial Institutions at an April 15 hearing titled, “Banking Innovation or Regulatory Evasion? Exploring Trends […]

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