Canadian Bank, VersaBank, To Launch Untraceable “Digital Vault” for Cryptocurrency

Cryptocurrency and blockchain technology have become increasingly popular for traders and investors, even for institutional investors. However, the conventional banking system is still considering cryptocurrencies as dangerous for the mainstream economy. But that’s not the case of a…

Poloniex Opened Bitcoin ABC (BCHABC) and Bitcoin Cash SV (BCHSV) Markets, Before Bitcoin Cash (BCH) Hard Fork

The Poloniex crypto exchange, based in Delaware, in the United States, opened Bitcoin ABC (BCHABC) and Bitcoin Cash SV (BCHSV) markets, about one week before the Bitcoin Cash (BCH) hard fork planned for November 15th. Accordingly, the startup announced that…

Mining $1 Equivalent in Bitcoin (BTC) Costs More Than Extracting The $1 Equivalent In Gold

In a study published in Nature Magazine, the researchers calculated that mining the equivalent of $1 in Bitcoin (BTC) consumes more resources and costs more than extracting $1 in gold, by about three times more. The scientists stressed…

Cryptojacking: Canadian University Forced To Shut Down Its Networks Due To A Crypto Mining Malware

The computer systems of the University of St. Francis Xavier, located in Nova Scotia, Canada, were infected with a crypto mining malware that has forced the disconnection of the entire internal network. This type of cyberattack is known…

BitFury, Crypto Mining Company, Accomplished An $80 Billion Funding Phase

The blockchain solutions group, BitFury, a crypto mining company, announced Tuesday that it had closed an $80 million round of private financing with global investment firms, such as Macquarie Capital, Asian financier Dentsu, European companies Armat Group and…

Stellar (XLM) Airdrop In A Value Of About $125 Million To Commence For Blockchain Wallet Users

The Stellar Development Foundation (SDF) in association with the startup Blockchain started the first airdrop distribution of Stellar (XLM) for the Blockchain wallet users. Through this airdrop, the foundation plans to distribute the equivalent of $125 million in…