Tuesday News Roundup

 Top News from Friday to Today

Wipe OUT! Why many BTC miners just got liquidated in China- over-leveraged miners who recently took loans from crypto exchanges were among the casualties of last week’s crash.

Bitmex CEO responds: How We Are Responding to Last Week’s DDoS Attacks.

Bitcoin Mining is a Two-Part Competition: mining pools compete for miners, and exchanges compete for mining pools’ bitcoin.


  Exchange and Markets News

Binance Launches $50M ‘Blockchain for India’ Fund to incubate and invest in local startups that contribute to the creation of a sophisticated cryptocurrency and blockchain ecosystem.

KuCoin Announces Changes to Structure and Strategy- including setting up of a larger entity called KuGroup that consists of three business groups, namely KuCoin Global, KuCloud, and the KuChain & KCS Ecosystem.

Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance.



Blockchain startups get $3.1 million boost from South Korea gov’t.

Bitfinex listed a Bahamas-based crypto hedge fund Fulgur Alpha, which is currently worth $280 million dollars.


A sharp drop in the hash rate output of Bitmain Antminer E3 mining rigs on the Ethereum Classic network highlights that the hardware is approaching obsolescence in early April.



How High Leverage in the Crypto Market Crashed Bitcoin to $3,800.

Tether (USDT) has now risen to fourth in the market cap of cryptocurrencies, behind BTC, ETH and XRP.

🧳 Business

Tokyo Blockchain Week n Japan Postponed From April to September Due to Coronavirus:

After making it easier to add Ethereum-based, in-game assets, Enjin’s next objective is to bring in more and more games to share those player-owned items.


A senior engineer working on Baidu’s popular search engine was mining $14,000 using 200 Baidu servers between April and June 2018.

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