Virginia Beach Government Backs Bitcoin Mine With $500K Grant

Virginia Beach Government Backs Bitcoin Mine With $500K Grant The U.S. city of Virginia Beach has granted $500,000 to help establish a new bitcoin mine in the area. On Tuesday, the Virginia Beach Development Authority revealed that it was giving the funds to Bcause LLC in an effort to help generate as many as jobs…

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Bitcoin Devs Release Long-Awaited Schnorr Paper for Scalability Gains

Bitcoin Devs Release Long-Awaited Schnorr Paper for Scalability Gains A new research paper focused on Schnorr multi-signatures and penned by several notable bitcoin developers has just been released. Published on Thursday, the paper was penned by developers Gregory Maxwell, Andrew Poelstra, Yannick Seurin and Pieter Wuille. It details how Schnorr multi-signatures can be applied to the…

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NYSE Parent Company Launches Cryptocurrency Data Feed

NYSE Parent Company Launches Cryptocurrency Data Feed Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is partnering with blockchain startup Blockstream to launch a new cryptocurrency-based data feed. ICE Data Services’ feed will display real-time data from at least 15 different cryptocurrency exchanges worldwide, including prices and order book data…

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Bull Run or Just Bull? Take CoinDesk's State of Blockchain Sentiment Survey

Bull Run or Just Bull? Take CoinDesk's State of Blockchain Sentiment Survey New all-time highs. Congestion on the blockchains and outages at exchanges. Breathless mainstream media coverage. The debut of institutional trading instruments. Oh, and digital cats. The final quarter of 2017 offered no shortage of drama and cemented cryptocurrency’s status as the most interesting story…

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Antpool Adds Support for Siacoin Mining Amid Bitmain Miner Launch

Antpool Adds Support for Siacoin Mining Amid Bitmain Miner Launch AntPool, one of the largest cryptocurrency mining pools, has announced it will now support the siacoin token. The announcement of AntPool mining support comes alongside the news that China’s mining chip giant Bitmain, which owns AntPool, has launched a new mining hardware device, dubbed the…

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Korean Regulator Investigating Staff Insider Trading of Cryptocurrencies

Korean Regulator Investigating Staff Insider Trading of Cryptocurrencies An official from South Korea’s Financial Supervisory Service (FSS) has reportedly said that an investigation is underway into claimed insider trading within his organization. Choi Heung-sik, governor of the FSS, said the regulator – an executive arm of the Financial Services Commission – will make public any…

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Bitcoin Is Back Above $11,500, But Bulls Not Out of the Woods Yet

Bitcoin Is Back Above $11,500, But Bulls Not Out of the Woods Yet Despite a sharp price recovery to over $11,500 today, bitcoin’s bulls are not out of the woods yet, the price charts suggest. Coindesk’s Bitcoin Price Index (BPI) has climbed 25.9 percent from the eight-week low of $9,199.59 hit yesterday at 15:44 UTC.…

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Hardware Wallet Maker Ledger Nets $75 Million in Series B Funding

Hardware Wallet Maker Ledger Nets $75 Million in Series B Funding Ledger, the France-based maker of hardware cryptocurrency wallets, has raised $75 million in Series B funding. According to an announcement today, the new round was led by the U.K.-headquartered investor Draper Esprit, and also included Draper Venture Network, FirstMark Capital, Cathay Innovation, and Korelya…

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Enterprise Blockchain Is Ready to Go Live in 2018

Enterprise Blockchain Is Ready to Go Live in 2018 Mark Rakhmilevich is Senior Director of Blockchain Product Management at Oracle. He’s working on Oracle Blockchain Cloud Service and guides enterprises, ISVs, and SIs in building blockchain applications and integrating enterprise systems with this platform. The following article is an exclusive contribution to CoinDesk’s 2017 in…

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Report: South Korea Mulls Closure of Domestic Crypto Exchanges

Report: South Korea Mulls Closure of Domestic Crypto Exchanges South Korea vows to make a decision on Thursday over the cryptocurrency exchange regulation, according to a report by Reuters. Responding to a parliament member at the national policy committee meeting today, Choi Jong-ku, head of South Korea’s regulator Financial Services Commission, explained how such regulation…

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