Tag Archives: Amid

Blockchain Disruption Reaches Hollywood amid Startup’s $100M Funding

Proxicoin is a way for the ordinary blockchain investor to get a piece of Hollywood’s action. It announced that it’s gotten a $100 million injection from a Hong Kong fund. Central Wealth Fund’s David Lee said his people are “impressed” with the blockchain platform, which decentralizes funding for Hollywood movies. Other investors including Coinbase are already on board. Continue reading Blockchain Disruption Reaches Hollywood amid Startup’s $100M Funding

Vitalik Buterin Remains Confident About Ethereum 2.0 Development Amid Concerns

As put by countless stakeholders and commentators on Twitter and Reddit, crypto assets are much like sports teams. In other words, investors will stop and nothing to see their favorite projects succeed, whether it be Bitcoin (BTC), Ethereum (ETH), XRP, or what have you. Continue reading Vitalik Buterin Remains Confident About Ethereum 2.0 Development Amid Concerns

Hamas Turns to Cryptocurrencies Amid Mounting Financial Scrutiny

According to a spokesperson for Qassam Brigades Abu Obaida, the move was deemed necessary because Israel has been actively trying to close down all channels of financial support to the group. The Qatari government, one of the group’s strongest allies, has received emergency cash donations in light of these restrictions. Moving to Bitcoin will likely serve as a long-term solution for the group, in spite of the slightly more complicated onboarding process for first-time users. Continue reading Hamas Turns to Cryptocurrencies Amid Mounting Financial Scrutiny

Litecoin Hashrate climbs back above 200TH/s amid two months of growth

Despite current market conditions the Litecoin Network has just retaken another target by surpassing 200TH/s (terahash) hashrate as continued growth extends for a second consecutive month. As such, even though market value is down ~85% (sitting at $41) from its peak, the network security has only fallen by ~30% according to data provided by BitInfoCharts. Continue reading Litecoin Hashrate climbs back above 200TH/s amid two months of growth