Developers are often the first ones to grasp the potential of new technologies. This is probably the reason why almost all developers are huge believers in blockchain technology, cryptocurrencies and the Lightning network. Recently however, Lightning has also gained an…
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Braiins OS: An Open Source Alternative to Bitcoin Mining Firmware [UPDATED]
Braiins wants to redefine open-source mining software. The company behind Slush Pool recently rolled out the initial release of its ASIC miner firmware: Braiins OS. The operating system is advertised as “the very first fully open-source, Linux-based system for cryptocurrency embedded…
In the ‘Opportune’ Bear Market, Crypto Merger & Acquisitions Surge Over 200% in 2018
Crypto and blockchain-related merger and acquisition (M&A) activity has surged by over 200 percent in 2018, according to data compiled by JMP Securities. In what has been dubbed a “deal frenzy,” crypto and blockchain-related merger and acquisition (M&A) activity has…
Fed Up With AI Mistakes? Blockchain Startup Follows ‘Wikipedia Model’ to Make It Better
sponsored AI is riddled with mistakes, but a new platform believes human contributions could help this technology become more accurate and useful. Artificial intelligence (AI) is advancing by leaps and bounds, with exciting new applications launching every day. But a…
Armenian PM Attends Launch of Mining Farm Claiming to Be One of ‘World’s Largest’
Armenia’s PM attended the opening ceremony of a controversial crypto mining farm touting itself as one of the “world’s largest.” The opening ceremony of a new mining farm touting itself as one of the “world’s largest” was held in the…
US Marshals Service Announces Auction of 660 BTC
The United States Marshals Service (USMS) has announced an auction of 660 BTC that is scheduled to take place on Nov. 4. Under the auction rules, interested participants must formally identify themselves to the USMS and submit deposits of $200,000.…
Third Largest Crypto Exchange Huobi Opens Deposits for New ‘Stablecoin Solution’ HUSD
Crypto exchange Huobi is planning to roll out its new stablecoin aggregating asset across its ecosystem over the next two weeks. Singapore-headquartered cryptocurrency exchange Huobi announced the creation of what it calls a “stablecoin solution” in a blog post Friday,…
Invest in Gold and Crypto Petro, Venezuela’s President Tells Public in Fresh TV Plug
Petro should form an investment priority for Venezuelans, the country’s president has said. The president of Venezuela Nicolas Maduro called on workers to save in gold and state-run cryptocurrency Petro during a salary shake-up he announced Thursday, October 18, local…
Tether ‘Didn’t Do a Great Job on Transparency,’ Claims Investor Mike Novogratz
Tether’s offshore operations detract from its transparency versus other stablecoins, Mike Novogratz told Bloomberg. Stablecoin Tether (USDT) should create more “transparency” about its operations, cryptocurrency investor and entrepreneur Michael Novogratz told Bloomberg Oct. 18. Speaking in an interview, Novogratz, whose…
Important Aspects of Stablecoins: The Difference Between Pegging, Collateralization, and Redeemability
We know that stablecoins are backed by something. It’s time to learn how they are backed. Stablecoins have been making the headlines in recent months, attracting big investors, tempted by the allure of a on ‘non-volatile’ cryptocurrency. At first, we…