Mining

It seems China was really serious when talking about its digital currency. Even though China was trying to forbid cryptocurrency mining and trading, for the last three months it is in the process of creating its own.Head of the People’s Bank of China’s (PBoC) Digital Currency Research Institute, Mu Changchun, stated that the country’s digital yuan is finally ready for trials. The central bank digital currency (CBDC) will, as per the announcement, not come as a volatile asset like Bitcoin or...

The cryptocurrency community is usually divided into three major camps when it comes down to potential ways to earn money.The first is inhabited by traders, believing that the best way to make profits is to take advantage of the volatility in the market by trading.The second comes in the form of long-term investors, also known as Hodlers. They believe in a cryptocurrency’s (usually Bitcoin’s) value and that it will increase notably over the years, so they don’t trade it – just hold it.The...

Seit der Ankündigung, dass eine weitere grosse Bitcoin-Börse auf das TRON Staking setzen wird, stieg der Kurs der TRX Token sprunghaft an. Ist Stakting das neue Mining? Wer bei der einen oder anderen Börse einen verifizierten Account hat, kann nun von dem Staking Boom profitieren. Binance hatte schon vor 2 Monaten angekündigt, dass neu Staking as a Service mit TRX Token angeboten wird. Und diese Woche...

Seit der Ankündigung, dass eine weitere grosse Bitcoin-Börse auf das TRON Staking setzen wird, stieg der Kurs der TRX Token sprunghaft an. Ist Stakting das neue Mining? Wer bei der einen oder anderen Börse einen verifizierten Account hat, kann nun von dem Staking Boom profitieren. Binance hatte schon vor 2 Monaten angekündigt, dass neu Staking as a Service mit TRX Token angeboten wird. Und diese Woche...

People seem to love celebrities. Even cryptocurrency hackers have a thing for famous individuals as recently witnessed in a case of one hacker utilizing an image of famed pop singer Taylor Swift to hide malicious code.Taylor Swift Is Hiding a BotnetTaylor Swift is widely renowned for her capabilities as a musician, actress and marketer. Now, it appears she was unknowingly part of a cryptocurrency botnet that sought to hide crypto malware on infected computers. The botnet is known as MyKingz,...

Yang Zuoxing – founder of the Chinese bitcoin mining manufacturer Micro BT – has been arrested for embezzling as much as 100,000 yuan. This comes out to just over $14,000 in USD.Zuoxing Has Been in Jail for Two MonthsZuoxing is the former director of Bitmain, arguably the largest bitcoin mining company in the world and China’s biggest source of bitcoin-related income. It’s funny that the country – for the longest time – was considering a solid ban on all crypto mining activities due to the...

In what has been seen by many as a travesty of sorts, major cryptocurrency equipment manufacturer Canaan Creative has seen its stock decline sharply in the past 17 out of 21 trading sessions. Sources indicate that Canaan’s stock hasn’t fared well as many would have hoped. Just to remind you, the company at its IPO was valued at $1.3 billion. The company’s stock has lost about 35% of its value this week. Since the late November shares have tumbled indicating that the company wasn’t as valuable...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 774. Heute sprechen wir über folgende Themen: Ethereum am Abgrund, Mining Unternehmen Simplecoin und Gaming Platform Chopcoin schliessen & Fidelity Investments expandiert nach Europa. [embedded content] 1.) Ethereum am Abgrund? ETH Delisting, Ice Age und Smart Contract Chaoshttps://cryptomonday.de/ethereum-am-abgrund-eth-delisting-ice-age-und-smart-contract-chaos/ 2.) Mining-Unternehmen Simplecoin und Bitcoin-Gaming-Plattform...

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In yet another major sell-off Bitcoin price crashed below its crucial support of $7000 on Monday, December 16. As per blockchain researcher Chainalysis, this dumping is part of another major scam brewing in the crypto industry.In its report, Chainalysis mentions a China-based Ponzi scheme PlusToken which is dumping its crypto holdings to cash out. PlusToken, a cryptocurrency wallet, trapped investors by promising high returns to those purchasing their native PLUS cryptocurrency against...