All the talk about stablecoins has people re-examining the actual value of crypto tokens and the associated markets. The discussion is particularly relevant during a bear assault on the whole crypto market, like the one we’re seeing now. Frequent Bitcoin commentator and Cornell professor Emin Gün Sirer believes there is a distinct difference between a coin that is pegged to a fiat currency and a coin that is “stable.” Continue reading How Crypto Social Network Minds is Using Ad Buys to Create a ‘Semi-Stablecoin’
RippleNet is expanding its network of banks by adding Malaysia’s CIMB Group to its fold. CIMB is the ASEAN’s fifth-largest bank and will team up with Ripple to work on enabling instant cross-border payments for CIMB’s markets. RippleNet’s customer base now constitutes over a hundred global financial institutions, which CIMB will be able to partner with, facilitating global payments. Continue reading Ripple Adds 5th-Largest Southeast Asian Bank to Enterprise Blockchain Network
On September 11, the international company Smile-Expo has organized the Blockchain & Bitcoin Conference Stockholm in Sweden. The event gathered over 200 visitors – among guests there were top experts in crypto sphere and the Member of Swedish Parliament – Mathias Sundin. Continue reading Blockchain & Bitcoin Conference Stockholm: Outcome of the Large Crypto Event in Sweden
The FCC emphasized continuous interference with the telecom’s mobile network through the utilization of bitcoin miners is against federal laws, and the failure to cease operations or prevent the device in question from emitting harmful radio emissions to the LTE network of T-Mobile is in violation of an FCC regulation. “The operator of a radio frequency device shall be required to cease operating the device upon notification by a Commission representative that the device is causing harmful interference. Operation shall not resume until the condition causing the harmful interference has been corrected,” the FCC’s document added, noting that the device can continue to operate if it stops harmful radio emission from affecting local networks. Most bitcoin mining facilities and centers are based in regions with cold climate and cheap sources of electricity. Miners tend to relocate to regions like Iceland, Norway, Sweden, and Canada that abundant sources of renewable energy. Countries like Iceland that have virtually all of its electricity generated with hydroelectric power plants and solar power plants have cheap electricity readily available for bitcoin miners, that lead to a significant decrease in operating costs.