Bitcoin Mining is Big Business in Montana: US Senator Works to Protect Industry
Aug27

Bitcoin Mining is Big Business in Montana: US Senator Works to Protect Industry

Bonner and Butte, Montana are home to two of the largest bitcoin mining facilities in North America. They’re also subject to a major energy producer in the state, the Colstrip power plant, which is due to be shut down. Bitcoin mining has become such a potential windfall for the state economy, one of its congressional representatives, Senator Steve Daines, openly worried closing of the plant could kill its crypto golden goose....

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Thailand Updates ICO Licensing Progress, Warns Firm Issuing Token Without License
Aug27

Thailand Updates ICO Licensing Progress, Warns Firm Issuing Token Without License

The Thai Securities and Exchange Commission has revealed the number of applications it has received from businesses wanting to operate initial coin offering portals in the country. However, at least one company is already issuing a token without obtaining approval. Meanwhile, the first Thai Stock Exchange-listed company to launch a token has a new plan to revitalize its coin. Also read: Yahoo! Japan Confirms Entrance Into the...

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Blockchain Survival Show Blockbattle to Premiere on Asia Economy TV
Aug27

Blockchain Survival Show Blockbattle to Premiere on Asia Economy TV

Asia Economy TV plans to broadcast a new blockchain survival television show called ‘Blockbattle — Who’s the Next Satoshi’ on October 19, showcasing a variety of crypto-development teams from all around the world. Blockbattle will air five episodes allowing viewers the ability to vote in real-time in order to choose the winner of this distributed ledger building competition. Also read: New CNBC Documentary...

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Hyperinflating Venezuela Bolivar Re-Denomination Gets Smartphone App
Aug27

Hyperinflating Venezuela Bolivar Re-Denomination Gets Smartphone App

Hyperinflation has taken off to cartoon proportions in Venezuela, leaving the government to take rather drastic steps in trying to restore confidence in its domestic market. That’s an ambitious goal, and so the government ordered banks and exchanges to remove five decimal places in the hope of curbing hyperinflation. And to limit further confusion, this week it announced its Sovereign Calculator, an Android app, to help its...

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Fomo Then Failure: A Post-Mortem of 2018’s Worst ICOs
Aug27

Fomo Then Failure: A Post-Mortem of 2018’s Worst ICOs

It has been a testing year for ICOs. Market conditions have made launching a tokensale more challenging than a year ago, when even the most ludicrous project was virtually guaranteed a $10 million raise. Several of 2018’s most successful ICOs, based on millions raised, have degenerated into its most disastrous, after plotting a journey from champagne to real pain in just a few short months. Also read: Crypto Exchange Okex...

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