Bitcoin News Summary – November 12, 2018

The post Bitcoin News Summary – November 12, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds.    A strong move in Bitcoin Cash price comes in the run-up to the Bitcoin Cash SV hard fork, scheduled this week. On this date, Bitcoin Cash will split into […]

What Bear Market? Major Bitcoin Mining Farm Goes Live in Canada

The bitcoin mining facility that DMG Blockchain Solutions announced it was building in British Columbia, Canada in July is now operational. Though the full capacity of the facility is 85 megawatts, initially only 60 megawatts will be made available at the operation that occupies 27,000 sq. ft. The power that the Mining as a Service […]

Lawyer: Ripple Bumping Securities Lawsuit to Federal Court is Brilliant

This week, the Ripple Labs legal team removed a pending securities lawsuit pertaining to the regulatory nature of XRP, the native cryptocurrency of the Ripple blockchain, to federal court. The representatives of Ripple argued that the class action lawsuit was initiated by a group of investors with no geographical limitations and as such, the case […]

Web Summit 2018, a Great Event for Crypto Community

This year’s Web Summit 2018 in Lisbon witnessed impressive giveaways in the form of free digital assets from various blockchain companies. The annual event hosted various A-list panelists including Pinterest’s CEO and Co-founder Ben Silbermann, Medium’s Ev Williams and a number of prominent executives from the tech industry, startups, media, and investors. The conference was […]

EOS Centralization Reportedly in Action: Arbitrators Able to Reverse Transactions

A screenshot circulating on social media has revealed a decentralized blockchain protocol EOS practicing authority over its network. AUTI9003, a pseudonym on Reddit, posted a photograph which demonstrated arbitrators on the EOS network in action, reversing confirmed transactions. A so-called judge referred verses from the EOS blockchain’s constitution to resolve a dispute between two account […]

Crypto Week In Review: SEC Fines EtherDelta, Binance To Attract Institutions

The crypto market may have stagnated, but this industry’s innovators have continued to incessantly beat the “BUIDL” drum, as pro-crypto developments were as present as ever throughout the past week. Crypto-Friendly Governors Elected In Colorado, California To many crypto savants, the modern political scene, which promotes centralization and censorship in some cases, is far from a topic […]