Category: Crypto News

China has made Bitcoin mining illegal and is sending notices to Bitcoin mining farms. The notice says Sichuan Electric power company will soon stop supplying power to the Bitcoin mining farms. In the notice, they say that a lot of power is consumed by the mining machines. The report comes from caijing, a Chinese portal to which one Bitcoin miner commented that the bitcoin mining was being done using discarded water that is let go without producing electricity. This is the chief reason why the price of electricity is so low.

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LegerHQ has just tweeted and confirmed that they will be supporting Bitcoin Gold on November 13. The new bitcoin will be launching today at 7PM UTC at block height 491407. Right now, testnet support is already operational and bitcoin gold team has confirmed on their official twitter account that everything is working as expected. The Bitcoin Gold will be added to your account automatically and no action is required from your end.

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Trade.io is a decentralized peer-to-peer platform which was announced by Chien Lee, a billionaire living in USA and having majority share in French soccer club OGC Nice. He brings his top-tier knowledge of their industries and many are already invested to making trade.io a highly successful ICO. Infact, the new ICO is already causing lots of waves in the cryptocurrency world. For instance, there is an option for the investors to buy their own trade tokens and become part of the liquidity pool.

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Bitcoin Gold is a fork of Bitcoin but unlike latter, a normal person can mine BTG with their computer. For best results, you will need a computer with Nvidia or AMD graphics card. The Bitcoin Gold makes use of Equihash algorithm which is also used by Zcash and ZenCash which are two very popular crypto currencies. Due to that, we have a range of tools that can mine Bitcoin Gold easily.

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A new crypto currency by the name of BFX coin has popped up recently and is slowly getting a lot of traction. It is yet another scam coin by a small company in India that claims to do this and that but in reality offers nothing. Just like ATC coin that took money of many people who wanted to get-rich-quick, the BFX coin wants to do the same. The company is operating from Delhi, India while it has its headquarters stated elsewhere – just the ATC Coin, another scam crypto coin whose owner was recently caught by Indian police.

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The official Bytecoin wallet for android smartphones has been released. This will allow bytecoin users to send and receive BCN from anyone on their mobile devices. The app is easy to use and runs without hiccups on any android phone. You will be asked to register the first time you log on. We found if you earlier registered on bytecoin’s web wallet, you can use your existing credentials.

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Neon wallet is a popular wallet for managing your NEO and many people prefer it over Neo’s official desktop wallet since it does not require the user to download entire blockchain before using it. This means the user is able to use the wallet immediately after entering his secret WIF code. This new version adds support for Nano Ledger S, a popular hardware wallet for storing crypto currencies. Earlier, the only way to use Ledger S was by using official Neo wallet.

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Bittrex which is one of the biggest cryptocurrency exchanges in the world has made it official that it will be supporting the Segwit2x (B2X) coins. So if you have bitcoin on bittrex during the Segwit2x hard fork block 494784 in mid-November, you will be getting equivalent amount of coins in 1:1 basis. For instance, if you have 1 btc, you get one B2X coin. Deposits and withdrawals will be disabled 24 hours prior to Segwit2x fork. All incoming withdrawals will not be credited and bitcoin wallet will remain closed until hard fork has completed. You will still be able to trade.

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Kyber Network was a successful Ethereum ICO with Vitalik Buterin listed as advisor. The company has announced its partnership with StormX, which is a blockchain based platform which makes use of smart-contracts to manage micro tasks between buyers and sellers. StormX was founded in 2014 and has achieved more than a million downloads across whopping 187 countries. Its users have been able to earn cryptocurrency for playing new games, products and services from their app, Storm Play.

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The IGNIS ICO completed on November 4^th 2017. This makes the IGNIS first ICO to make use of NXT as base. So now that the ICO has concluded, 100 million JLRDA + all unsold JLRDA from the last round minus marketing expenses are put up for sale for 1.45NXT. Any unsold JLRDA tokens will be kept by the Jelurida until the IGNIS shapshot is done. They will be used for promotion and fund future development.

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