Month: December 2018

What is Red Pulse (PHX)? | A Beginners Guide

Red Pulse is a blockchain-based intelligence platform covering China’s economy and capital markets. It aims to simplify and streamline the vast amount of news and information that circulates around the Chinese markets. Following a token swap in 2018, the native token of the system is now PHX. https://files.coinmarketcap.com/static/widget/currency.js In this guide, we will cover: What …

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Two Mining Companies Among Georgia’s Major Electricity Consumers

Two companies mining cryptocurrencies have topped a list of the largest consumers of electricity in Georgia. In this crypto-friendly nation, however, that’s not necessarily a sin or a disadvantage. Energy-intensive enterprises in the Caucasian country purchase the power they need at wholesale prices. Also read: Huobi and Major Russian Bank to Provide Legal Help to …

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Russian Bitcoin Mining Granny Is Bullish on the Industry’s Future

A residential block of red bricks stretches unambitiously under the freezing sky of Irkutsk, in the Russian province of Siberia. Inside, a series of small bitcoin mining machines are running on cheap electricity, as grandmother Valeriya’s family of domestic miners, a bullish bunch, stack up a potential fortune for the future. Also read: Skeptical Payoneer CEO …

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Judge Denies Craig Wright’s Motion to Dismiss Billion-Dollar Bitcoin Lawsuit

On Dec. 27, court documents from the case against the Nchain chief scientist, Craig Wright, explained a large portion of his recent dismissal motions were found “not warranted” and were denied. Wright is being sued for 1.1 million BTC in a legal case in Florida that alleges he manipulated David Kleiman’s family. Also Read: Many Self-Proclaimed …

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Report: Use of Cryptocurrencies for Remittance Is Growing in Popularity

A new report by a blockchain-focused research company asserts that there has been a spike in people using cryptocurrencies to send remittances. This growth is in part due to the high costs incurred when using more traditional methods such as Paypal.  Also read: Seven Cryptocurrency Trends to Look out for in 2019 Easier, Cheaper, Faster The …

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