Asus has developed a new product specifically for cryptocurrency mining. Asus’s new H370 Mining Master is a follow up to a year ago’s B250 Mining Expert, with Asus stating that they “redefined the formula for a second generation”. The Mining Master brags its capacity to support a sum of 20 …
Read More »In Order To Lift Ban On ICO Korean National Assembly Makes an Official Proposal
South Korea’s National Assembly, the authoritative arm of government, is pushing for the expulsion of the nation’s prohibition on local initial coin offerings (ICOs). Korean regulator, the Financial Services Commission, banned token deals in September of 2017, saying they are over-theoretical and constitute a “violation of capital market law.”,as revealed …
Read More »Founder of Chinese Ride-Hailing App Plans to Launch a Blockchain ‘Uber’
CEO Funcity and former founder of Chinese ride-hailing application Kuaidi Dache, Chen Weixing has uncovered plans to assemble a blockchain-based ride-sharing comparable to Uber. Declared on Sunday after the 2018 Guiyang BigData Expo at a post-event function that, the new platform will be produced in association with Yang Jun, co-founder …
Read More »First-Ever 7nm Mining Rig To Be Launched By GMO Internet Group
GMO Internet Group, a Japanese internet service chose to put itself all the more immovably in the cryptocurrency market with the arrival of a new ASIC that may contend straightforwardly with Bitmain’s Antminers. Booked for launch on Wednesday, 6th June, these units would be the first ever made, using 7 …
Read More »In Order To Invest In XRP-Focused Startups Ripple Launches ‘Xpring’ Initiative
An initiative has been launched by Ripple that plans to give business people in the blockchain space a superior begin in business – as long as they boost its own ecosystem. Reported Monday, Xpring (pronounced “spring”) will put resources in, secure and give grants to “serious” projects and organizations keep …
Read More »Ether Reference Rate Index to be Launched By CME Group Partners
CME Group is launching an ether reference rate and a continuous ether-dollar index in partnership with UK-based digital resource trading service Crypto Facilities. The administrator noted Monday that it would give “a daily benchmark price in U.S. dollars” at regular intervals, and additionally the constant cost “in view of exchanges …
Read More »Bloomberg Partners with Novogratz In Order To Launch Crypto Index
Bloomberg has propelled a cryptocurrency index in conjunction with Galaxy Digital Capital Management, a digital resources merchant bank headed by extremely rich person ex-hedge fund manager Michael Novogratz. The upper casing weighted Bloomberg Galaxy Crypto Index (BGCI) will track the “performance of the largest, most liquid portion of the cryptocurrency …
Read More »12 Chinese Banks Stated They Deployed Blockchain in 2017
Almost 50% of the 26 publicly recorded banks in China stated that they deployed blockchain applications in 2017, as per a report. Friday CEBNet stated that 12 among the 26 Chinese banks unveiled in their yearly filings that blockchain applications were received for different utilize cases in the course of …
Read More »Inspection To Be Toughen on Crypto Mining Chips Import in South Korea
Cryptocurrency miners may find it to be more troublesome in getting foreign-made mining chips imported to the country in South Korea. As indicated by information distributed by the Korean Customs Service (KCS) Wednesday, the government agency has included cryptocurrency mining chips into the present rundown for things that are commanded …
Read More »Bitmain Gets Permission for US Bitcoin Mining Operation
China’s crypto mining mammoth, Bitmain, is one bit nearer to building up mining facilities in Washington state. In order for Bitmain to establish its new crypto mining facility The Port of Walla Walla – Walla Walla province’s economic development organization – collectively endorsed a land lease and purchase option.The organization’s …
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