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Crypto Bear Market Caused Nearly 1 Million Bitcoin Mining ASICs in China to Hibernate but May Be Back Online Soon
The crypto winter has been strenuous for the entire industry, from investors to miners to exchanges. With such a stressed market, many companies had to shut down, resulting in almost one million mining ASICs being put into hibernation. However, there is a group of miners that want to bring all of those ASICs back.
United States Will Soon Have the First Digital Asset Bank, FreeRange, Thanks to a Wyoming Holding Company
Wyoming’s blockchain infrastructure has been evolving steadily over the last year and has been becoming the go-to place for companies in the United States. Based on recent legislation passed for special purpose banks, the opportunity has arisen for the first digital asset bank, which FreeRange is seeking to be.
COs 2017, Stablecoins 2018 and 2019 the ‘Crypto Intranet’ or Bankcoins or Corporate Coins
Ari David Paul took to Twitter over a series of posts to discuss the potential for a permissioned blockchain, which he also calls the crypto internet. Going after JPM Coin, Facebookcoin, and similar tokens, Paul attacks the lack of censorship resistance and depreciation resistance, among other issues. However, Bitcoin and decentralized cryptocurrencies could be necessary to the progress of these blockchains in the future.
Looking into the Polarity of Facebook Entering the Cryptocurrency Space: Intentions Become Talking Point
Though Facebook has been highly secretive about their alleged plan to enter both blockchain technology and cryptocurrency markets. However, concerns have arisen amongst the community, since Facebook has become involved in some unfortunate scandals that could inhibit their progress.
Ernst & Young’s Examination of Missing Funds from QuadrigaCX Continues Down the Rabbit Hole
The QuadrigaCX court case involves thousands of creditors that are missing close to $150 million in cryptocurrencies. Though statements from the CEO’s widow have consistently suggested that the missing funds were in cold wallets on his computer, a report from Bloomberg shows a much different narrative, claiming that the wallets have been empty for almost a year.
Crypto Analyst: Crypto Winter is Far from Over, Bitcoin Should peak in 2023
The investors of the cryptocurrency industry have been hopeful that the long winter of cryptocurrency would soon end, clinging onto the hope of new products and exchanges for institutional investors. However, one crypto analyst decided to break down some research, demonstrating his theory of exactly when the market will turn around. Unfortunately, that projection lengthens the winter by four more years.
Cryptocurrency Critics (Wrongly) Predict the Death of Bitcoin Where BTC Development Is Flourishing
Even though Bitcoin’s prices are down, their development of the network is flourishing, as well the networks of altcoins and related exchanges. However, opponents of the market are still digging their heels into the idea that BTC is on its way to its untimely end.
By Krystle M - March 3, 2019
