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Large Bitcoin Mining Facility Lays Off Staff Because Of Coronavirus Pandemic

Bitfarms, a blockchain infrastructure company running one of the largest North America-based mining operations, is cutting staff members. The firm cited the ongoing economic and social turmoil caused by the COVID-19 pandemic.Coronavirus Hits Bitcoin Mining Firm In North AmericaThe unexpected outbreak of the COVID-19 harmed people’s health, financial markets, economies, and businesses. Numerous companies had to take radical measures to endure, and the cryptocurrency field is not exempt.Based...

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Ethereum Price Jumps 14% to Move above $175

Altcoins have experienced an increase together with Bitcoin. Ethereum has managed to gain around 14% within 24 hours. Now ETH price is around $175.We have been used to Bitcoin already traditionally leading the crypto market. However, it seems that the most popular altcoin is slowly but surely taking the lead. Ethereum price is rising by exquisite pace since Monday’s candle open at $142, the second-largest digital asset has rocketed 13.85% higher, reaching $175.13 just minutes ago as of the...

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#853 Erste Banken Pleite USA, Grosser Mining Pool beendet BTC Mining & Dezentrale Videochat App Debrief

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 853. Heute sprechen wir über folgende Themen: Erste Banken-Pleite in den USA – Der Anfang vom Ende, Grosser Mining Pool steigt aus BTC Mining aus & Dezentrale Videochat App Debrief. 1.) Bitcoin News: Erste Banken-Pleite in den USA – Der Anfang vom Ende?https://cryptomonday.de/bitcoin-news-erste-banken-pleite-in-den-usa-der-anfang-vom-ende/ 2.) Major Chinese Mining Pool Drops out of BTC Mining Race, Looking to...

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Getting Green: Bitcoin Sustainability May Be Better Than You Think

Some say the energy consumption used to mine bitcoin surpasses that of a small country in Europe, others say this statistic could be incredibly misleading.Like so many of the other great luxuries in life: SUVs, air travel, having children… Bitcoin has been under fire after being described as unsustainable by some major media outlets of late. It has got masses of people who strongly believe that bitcoin is the way forward for finance chomping for a clapback, hoping that fully decentralized...

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ETH-Based Keep Network Closes Its Latest Funding Round

The Keep Network – which looks to bring a new level of privacy to bitcoin through Ethereum – has closed a funding round that garnered close to $8 million from investors like Paradigm, Collaborative Fund and Para FI Capital.The Keep Network Has a Lot of Money to Its NameThe Keep Network is a regular contributor to what’s known as t-BTC, which seeks to ensure Ethereum-based assets are available on the bitcoin blockchain.Paradigm founder Fred Ehrsam – who also co-founded Coinbase, one of the...

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Table ronde virtuelle du Cercle du Coin

Le Cercle du Coin, association francophone sur le Bitcoin, les monnaies décentralisées et les blockchains, vous convie à sa première table ronde virtuelle qui aura le mercredi 8 avril de 17h00 à 19h00. Le format est semi-participatif, les intervenants discuteront d’un sujet et les spectateurs pourront interagir via le chat Youtube. Les modérateurs auront alors le loisir de faire remonter les questions intéressantes.  Au programme :...

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AMZN Stock Gains 3% in Pre-Market, Amazon May Buy Zoom-like Company to Replace Chime App

Amazon could buy a company like Zoom or Slack and replace its Chime app. Such an acquisition may help Amazon immediately increase its user base and at the same time focus on infrastructure. AMZN stock is up in the pre-market.Amazon.com Inc (NASDAQ: AMZN) stock has been showing good performance for several days in a row since last Thursday. Then, it was trading at $1,920.20. On Friday, Amazon stock was up in pre-market and climbed further during the trading session and closed slightly down at...

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Central Bank of South Korea Introduces Pilot Program for Testing Digital Won

Digital won will pass extensive testing by the Bank of Korea staff. Per the official announcement, the program will last until December 2021.South Korean businesses and officials were talking about the government-backed stablecoins since December 2018. The Central Bank was hiring different industry experts. The experts prepare research on the CBDC related progress in other countries. Also, they propose own legal initiatives to improve the project. Now the Central Bank seems to be working...

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Dow Futures Gain Over 800 Points, Global Stock Prices Rise on New Positive COVID-19 Numbers

As there finally appeared some positive news about the coronavirus cases, the global markets started to react. Today in the pre-market, Dow futures have gained 837 points already.Global stock prices have risen in response to new COVID-19 statistics. The same we can say about stock futures and Dow futures are not an exception. Sources say that financial markets have gone into a rebound in anticipation of fewer infected and dead due to that coronavirus. Reports coming in from some of the most...

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