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Bitcoin Mining: With Difficulty Down, Will Cryptocurrency Miners Recover In 2019?

2018 has been a difficult year for cryptocurrency miners, with thousands of operations closing down, but 2019 may see a revival, and also some consolidation.

Samsung Denies Galaxy S10 Cryptocurrency Wallet App Report

Samsung has denied a report about its alleged plan to integrate a cold wallet for cryptocurrencies into the Galaxy S10.

Nasdaq, Fidelity, Bitmain Invest In Cryptocurrency Exchange ErisX

Chicago-based cryptocurrency exchange ErisX announced Tuesday it received $27.5 million from Bitmain, ConsenSys, Fidelity Investments, Monex Group and Nasdaq.

Crypto Mining Equipment On Deep Discount As Bitcoin Price Stays Below $4,000

The recent meltdown of cryptocurrency prices resulted in over 100,000 individual miners closing operations. At least 600,000 bitcoin mining rigs have been shut down globally since mid-November, leading to deep discounts for the hardware.

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Bitcoin, 5 Top Cryptocurrency Prices Fell 13-23% In 7 Days

In the last seven days, the price of bitcoin fell by 13 percent, XRP by 16 percent, ethereum by 15 percent, bitcoin cash by 22 percent, stellar by 23 percent, and EOS by 17 percent.

$3 Million Cryptocurrency Theft In Bulgaria Leads To 3 Arrests

Authorities in Bulgaria arrested three suspects Thursday and charged them with theft of cryptocurrencies worth about $3 million.

Ohio Approves The Use Of Bitcoin To Pay Taxes

The state of Ohio is the first in the U.S. to officially accept cryptocurrency for tax payments.

Department Of Defense's Research Arm To Host Blockchain Workshop

Department of Defense's research arm intends to host a blockchain workshop on February 2019 to understand the broader implications that the technology might hold for the DOD.

Bitmain Cryptojacked Customers' Mining Devices, Lawsuit Claims

Gor Gevorkyan, a customer of Bitmain, alleged in a lawsuit that Bitmain was cryptojacking its customers’ newly-purchased mining devices to mine bitcoin.

World's Largest Bitcoin Mining Farm Gets Paraguay Government Backing

The Paraguay government will provide 530,000 square feet of land and subsidized power to build the bitcoin mining farm, which would be located near the Itaipu Hydroelectric Power Plant.

European Commission To Launch Blockchain Association In 2019

The European Commission announced Tuesday it would launch an association for trusted blockchain applications, and some banks have been invited to join this initiative.

Crypto Mining Machines Sold As Junk In China Amid Bitcoin Price Crash

Amid the slump in cryptocurrency prices, some small and medium-sized miners in China have been selling their mining machines in the second-hand market as they are not able to cover the electricity cost.

Quantum Technology Can Make Blockchain Security Vulnerable, Researchers Say

Researchers from the Russian Quantum Center claimed quantum technology would soon have the ability to "make blockchains vulnerable."

Only Bitcoin Accepted For Historic Malta Palazzo Up For Sale

The owner of a 421-year-old historic palazzo in Valletta, Malta — valued at $3 million — has said he would only accept bitcoin for its purchase, despite the recent fall in the cryptocurrency's value.

Bitcoin Price Manipulation: After CFTC, DOJ Investigating Tether, Bitfinex

The Department of Justice started an investigation into whether Tether and Bitfinex engaged in market manipulation for illegally moving bitcoin prices during December 2017, when they peaked.

North Korea Blockchain Conference: US Citizens Welcome, But No Foreign Journalists

To be held in April 2019, the blockchain and cryptocurrency conference in North Korea won't allow citizens from South Korea, Japan, Israel, as well as any foreign journalists.

Cryptocurrency Space Healthy Despite Recent Downturn, Market Maturing Beyond Vaporware

The downturn and attendant apprehension on the part of investors — dubbed “crypto winter” by some — are the inverse of the near-euphoria we saw as bitcoin approached $20,000 in late 2017.

Bitcoin Cash Hard Fork Dispute Costing Miners Millions In Revenue, Research Finds

The dispute started by the two groups behind bitcoin cash's two forks, bitcoin cash ABC and bitcoin cash SV, has cost miners losses of as much as $6.1 million in gross revenue, according to research.

Bitcoin Falls Below $5000, Other Cryptocurrencies Plunge As Well

The price of bitcoin fell by over 11 percent in 24 hours, slipping below the $5,000 mark Monday night. The last time bitcoin had sunk to this level was in October 2017.

Bitcoin 'Evil Spawn Of Financial Crisis', European Central Bank Board Member Says

The European Central Bank's Benoît Cœuré shared the opinion of Agustín Carstens, a Mexican economist, that bitcoin is "a combination of a bubble, a Ponzi scheme, and an environmental disaster."

Cryptocurrency Regulation: Japan's Financial Services Agency Framing Rules For Wallet Services

Japan's Financial Services Agency discussed in a meeting the likely regulatory measures — internal control, management of cryptocurrencies, audits — that could be applied to cryptocurrency wallet services.

After Warhol, Blockchain Platform Maecenas To Tokenize Picasso's Work

Blockchain-based Art Platform Maecenas said it will conduct the first “perpetual” digitalization and tokenization of a Picasso work of fine art under a project named Project Phoenix.

Bitmain Sues Unknown Hacker For Alleged Theft Of $5.5 Million

Well known mining rig manufacturer Bitmain has filed a lawsuit against an unknown hacker for allegedly stealing $5.5 million worth of cryptocurrency from its Binance account.

Stellar Becomes 5th-Most Valued Cryptocurrency By Market Cap

On Sunday, Lumens' market cap rose from $4.81 billion to $5 billion. Previously, the fifth place in the list of cryptocurrencies was held by EOS token, whose market cap fell from $5.1 billion to $4.8 billion.

Irish Startup Wants To Use Blockchain To Compensate And Refund Flight Passengers

An Irish payment solutions platform plans to develop a blockchain-based mobile app to compensate and refund passengers when flights get delayed or canceled.