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New Plant to Assemble Mining Rigs in Belarus

Mining Plans to build a new manufacturing facility for mining equipment have been announced in Belarus. It will be situated in the Chinese-Belarusian Industrial Park, currently under construction in the “Velikiy Kamen” special economic zone. The plant will be assembling mining rigs with cooling systems utilizing excess heat. Also read: Two Russia

Some Major Canadian Banks Still Allow Cryptocurrency Credit Card Transactions

Finance While TD Bank has revised its policies and stopped allowing customers to purchase cryptocurrencies using its credit cards, some major banks in Canada still allow crypto credit card transactions, the banks reportedly confirmed on Friday.Also read: Indians Look to Buy Bitcoin Overseas as Regulations TightenTD Bank Halts Crypto Credit Card

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Man Who Bought Pizza With 10,000 Bitcoin Buys it With Lightning

Bitcoin Pizza Day is an unofficial holiday among cryptocurrency enthusiasts. It marks the birthday of the moment on which Laszlo Hanyecz paid 10,000 BTC for two large pizzas. It seems Hanyecz is still keeping a close eye on Bitcoin as of right now. He recently used the Lightning Network to buy two pizzas with Bitcoin at more normal prices. Laszlo Hanyecz is a Cult FigureIt is safe to say Bitcoin w

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Without Mentioning Blockchain, Putin Says That Russia Must Stay Ahead In Technology

During a meeting with Herman Gref, the president of Russia’s largest bank Sberbank, Russian President Vladimir Putin spoke about the importance of not falling behind in Blockchain development.Sberbank already introduced Blockchain in their document transfer and storage systems by partnering with Russia’s Federal Antimonopoly Service (FAS) in December of last year. The bank is also reportedly s

Nasdaq-Listed “Blockchain” Companies Hit With New Legal Troubles

Markets and Prices Adding “Blockchain” to the name of their firms have proved to be very beneficial to the top management of publicly listed companies over the past year. However, this tactic also attracted negative attention from regulators, and now two Nasdaq firms are facing additional troubles. Also Read: Robinhood Starts Rolling Out Cry

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Culprits Apprehended In Alleged Icelandic Bitcoin Miner Theft

Icelandic information technology service Advania has confirmed with their security footage that the police have apprehended the right two men for the three burglaries at data centers in Iceland last December and January, local news outlet Visir reported Feb. 21.Visir had earlier reported that there were three burglaries in total, from a period of Dec. 5, 2017 to Jan. 16., 2018, and that 600 graphi

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Original Pizza Day Purchaser Does It Again With Bitcoin Lightning Network

Laszlo Hanyecz, the man that completed the world’s first documented Bitcoin (BTC) transaction for a physical item in 2010 -- 10,000 BTC for two pizzas -- has now bought two more pizzas using the Bitcoin Lightning Network.Hanyecz posted on the Lightning-dev mailing list today, Feb. 25, that he had to get his friend in London to “sub contract” out the pizza delivery to a local pizza place in o

Bitcoin.org Owner Asks the Community to Change Bitcoin’s Central PoW Algorithm

News This week the owner of the web portal Bitcoin.org and Bitcointalk, a pseudonym called Cobra wrote an open letter to the bitcoin community asking them to think about changing the Bitcoin core network’s Proof-of-Work algorithm. Also read: Ross Ulbricht Denied Post-Conviction Relief ExtensionBitcoin.org Owner ‘Cobra’ Says Bitcoin Mining

Bitcoin Price Weekly Analysis – Can BTC/USD Hold $9,000?

Key PointsBitcoin price declined this past week and moved below the $10,000 level against the US Dollar.There was a break below a major bullish trend line with support at $10,350 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX).The pair must stay above the $9,300 and $9,000 support levels to avoid further declines in the near term.Bitcoin price is under pressure below the $10,000

Bank of America Acknowledges the Threat Posed by Cryptocurrency

Economy & Regulation For all the inroads that bitcoin has made on the current financial system, it has yet to threaten their ascendancy. The CEOs of Paypal, Visa, and other legacy payment systems may have been monitoring the rise of cryptocurrencies, but they have not been losing sleep over them. Now, in a frank report to the SEC, Bank of America

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