Tag: obitx
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Samsung to Manufacture ASIC Chips for Canadian Bitcoin Mining Firm
bySquire, a Canada-based crypto mining firm, which raised $19.5 million in August to develop sophisticated mining equipment, has signed a deal with South Korea’s largest conglomerate Samsung to manufacture ASIC chips. The company has partnered with Gaonchips and Samsung Electronics to design and manufacturer new ASIC mining chips, which could allow the company to compete against Bitmain, […]
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Google to Reverse Crypto Ad Ban for Exchanges Advertising in US, Japan
byThe U.S. tech giant Google is set to update its ad policy in October, reallowing some crypto businesses to advertise on its platform. The company announced this in an official post Tuesday, September 25. According to the official announcement, starting in October Google will allow registered cryptocurrency exchanges to advertise on its Google Adwords platform, targeting the U.S. and […]
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The U.S. Government Has Spent Millions Trying to Track Cryptocurrency Users
byIf you’ve ever wondered whether Uncle Sam is spying on your cryptocurrency transactions, a new report reveals that, if you reside or do business in the United States, the answer is probably yes. U.S. Govt. Goes All in on Tracking Cryptocurrency Usage Citing public records, research firm Diar reports that U.S. government agencies have collectively spent $5.7 […]
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Juventus Soccer Club Is Launching a Crypto Token to Give Fans a ‘Voice’
byOne of the most popular soccer clubs in the world is launching a crypto token that it says will boost fan numbers by allowing them to “be heard.” For the effort, Italy’s Juventus Football Club, which boasts Cristiano Ronaldo as a current team member, is teaming up with Socios.com to launch the “Juventus Official Fan Token.” The token will be […]
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Thailand’s Kasikornbank to Pilot Visa’s Blockchain Cross-Border Payments Platform
byThe biggest bank by market capitalization in Thailand, Kasikornbank, has become the first financial institution in the Southeast Asian country to get on board the Visa B2B Connect platform. Designed to enable fast and secure cross-border payments between businesses using blockchain technology, the platform relies on a permissioned private blockchain architecture which is operated by global […]
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Vitalik Says Ethereum Can Scale to 500 tx/s Using Zcash Technology
byEthereum co-creator Vitalik Buterin has a plan to scale the Ethereum network to accommodate a ~3,200 percent increase in transactions without the use of second-layer technologies such as Plasma. Buterin: ZK-SNARKS Could Help ETH Scale to 500 tx/s Writing on an ETH research forum in a post originally published on Saturday, Buterin said that Ethereum can borrow […]
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Michael Kors to take control of Italy’s Versace: sources
byLONDON – U.S. fashion group Michael Kors Holdings Ltd (KORS.N) has agreed to take control of Italy’s Versace, three sources familiar with the matter said on Monday, adding that an official announcement would be made this week. Michael Kors has made no secret of its ambition to grow its portfolio of high-end brands after swooping […]
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When Blockchains Go Down: Why Crypto Outages Are on the Rise
byBerniesanders (not to be confused with former presidential candidate and Vermont Senator Bernie Sanders) is an institution on blockchain-based blogging platform Steemit. Steemit allows content creators to earn crypto – at least, crypto that’s native to the Steem blockchain, of which there are three – for popular posts. While recent successes include waffle recipes, romantic […]
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Can Crypto Technology Expand Interest in the Real Money Gambling Industry?
byBy Laura Desmond Gambling has always been a polarizing topic, and online gambling has only made opinions flare even stronger on both sides of the fence. One side fears that websites are not being entirely honest and may be cheating customers, while the other side believes that the convenience of online gambling may cause those […]
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WTF is an ICO ?
byThe financial realm has been hit by a recent phenomenon surrounding cryptocurrencies and blockchains. Whether you are a venture capitalist, an entrepreneur, a tech writer, a blockchain enthusiast, a crypto-trader or just an open-minded reader, you surely have heard about ICOs, this new fund raising method. Allow you 5 minutes to discover or re-discover ICOs […]
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