GMO to Invest 10 Billion Yen in Its Own 7nm, 5nm and 3.5nm Dedicated Bitcoin Chips
More details on the Japanese Internet Giant GMO’s plans to enter the Bitcoin mining market have been released. The company has revealed the hardware and performance specifications for its upcoming 7nm process ASIC mining chips which feature very low power consumption requirements. GMO also divulged its plans to produce and sell PC-ready ASIC mining cards […]
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Openbazaar 2.0, a major upgrade from the previous version, has been released. The fully-functional public beta expands the peer-to-peer app with several new features including Tor integration, improved search, a bitcoin wallet, new vendor tools, and stores that stay online. Also read: Russia’s Finance Ministry Drafts Law to Legalize Cryptocurrencies Openbazaar 2.0 Beta Launches Openbazaar […]
A South Korean district court has ruled for the first time regarding the nature of digital currencies. In the case where 216 bitcoins were seized by the police as criminal proceeds, the court ruled that it is inappropriate to confiscate bitcoins. Also read: South Korea to Dispose of 216 Bitcoins in First Public Auction The Court’s Ruling […]
Japan’s leading internet conglomerate and bitcoin exchange operator GMO has announced that it is expanding into the businesses of bitcoin mining and chip manufacturing. The company revealed plans to produce and sell 7nm semiconductor chips and run a mining facility in Northern Europe. Also read: GMO Releases Details of Bitcoin Trading Platform to Launch on May […]
The preparation of a pilot project is underway in Russia to subsidize electricity costs to cryptocurrency mining farm owners, according to local publications. Meanwhile, interest in bitcoin, ether, and mining have been growing significantly this year. Also read: Russia Discusses Starting Cryptocurrency Mining With Its 20+ Gigawatt Surplus Pilot Project Benefiting Cryptocurrency Miners The Institute for […]
The second largest independent ATM deployer in Australia Stargroup has signed a joint venture agreement with blockchain payment solutions company Digitalx to convert their existing ATMs into Bitcoin ATMs (BTMs). The agreement is for Stargroup’s entire global network, starting with Australia, where it has deployed over 500 ATMs and manages 2,400 more via its subsidiary […]
South Korea’s top financial regulators have jointly announced their plans to deal with digital currencies such as bitcoin and ether. Specific measures were outlined such as requiring banks to perform due diligence on bitcoin exchanges and strengthening user verification procedures. Also read: South Korea Legalizes Bitcoin International Transfers, Challenging Traditional Banks Attempt to Regulate Digital […]
Google has analyzed cryptocurrency-related search queries of Russian residents for the first half of this year. Searches for bitcoin, ethereum, cryptocurrency, as well as cryptocurrency mining, have all increased substantially. Google has also pinpointed the regions in Russia with the most search growth. Also read: Moscow Stock Exchange Prepares to Trade Cryptocurrency Google’s Analysis Google has performed an […]
Uber has reportedly chosen Expedia chief Dara Khosrowshahi as its new CEO. Under Khosrowshahi’s lead, Expedia started accepting bitcoin. He is also a personal investor in Bitcoin startup 21 Inc. Also read: Japan’s Largest Rewards Site Operator With 5 Million Users Launching Bitcoin Exchange Uber Picked Bitcoin-Friendly Chief Uber Technologies Inc reportedly chose Expedia CEO Dara […]
The first Bitcoin ATM in the British territory of Gibraltar has been installed. The European tax haven on the southern coast of Spain already has a few Bitcoin businesses and the government is currently working on a regulatory framework for digital currencies. Also read: 3000 Bitcoin Mansion for Sale in Russia Hindered by Lack of Regulation […]
