Daily Archives: December 10, 2018

Bitmain Follows Industry Trend, Shutters Operations in Israel

n nn nn Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development R&ampD center in Ra’anana, Israel, according to reports from local news outlet Globes.The R&ampD center, which produced Bitmain’s first Israeli mining pool ConnectBTC, was launched in 2016 to explore meaningful use cases of blockchain technology, as well as artificial intelligence for ...

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State Farm Tests Blockchain Solution to Speed Up Auto Insurance Claims

U.S.-based insurance giant State Farm is testing blockchain technology to speed up the subrogation process in auto insurance claims Cointelegraph.com News

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Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

There has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet. Also read: Federal Agents Told This Silk Road Moderator to Fake His ...

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Crypto News: EOS Surges and Ripple Exec Says He isn’t Phased by Bull Market

In today’s edition of crypto news, we’ll cover why EOS is surging and the details behind why a Ripple executive isn’t phased by the current crypto bear market. EOS Surges as Other Coins Fall EOS is currently leading the top 40 cryptocurrencies for total market gains this weekend. The world’s seventh-largest cryptocurrency project has received a wave of criticism as of ...

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New data shows asylum claims spiking at U.S. ports of entry

New data show that more migrants are legally requesting asylum at ports despite Trump's claims that they are a border security issue.           GANNETT Syndication Service

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SFOX Posits Factors Behind November Crypto Volatility in Recent Report

n nn nn SFOX, an institutional crypto trading platform, recently released a comprehensive, data-packed analysis on the possible causes of the volatility in the cryptocurrency space over the month of November.The report, which SFOX released on their website, covers a large amount of raw data, looking at factors such as price fluctuation on a day-to-day basis and trading volume. With ...

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EOS DApps Lose Almost $1 Million to Hackers Over the Last Five Months

From July to November, DApps based on the EOS blockchain saw 27 hacks, nearly $ 1 million worth of crypto Cointelegraph.com News

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Bitmain Shuts Down Research and Development Center in Israel

The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development center in Ra’anana, Israel. Also Read: Former Israeli Prime Minister Calls Cryptocurrencies a ‘Ponzi Scheme’ Bitmaintech Israel Closes Down According to reports from Israel, Bitmain’s research and development center in the ...

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