Category: miner

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Companies Deny Having Bitcoin or Blockchain Services Amid China’s Clampdown

After Xunlei was questioned about Initial Miner Offerings (IMO), multiple public companies clarified that they did not and will not tap into the blockchain space. A Shenzhen-based bitcoin miner manufacturer issued a statement saying the business hasn’t generated...

Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed Cryptocurrency

Venezuela’s president Nicolas Maduro has called for 10 other countries to adopt his planned oil-backed cryptocurrency, the petro. This move follows the country’s parliament declaring the issuance of this new currency illegal. Also read: South Korea Urges 23 Countries,...

Venezuela Will Pre-Mine Its Cryptocurrency Petro and Launch in 6 Weeks

One day after Venezuela’s oil-backed cryptocurrency was declared illegal, the government of president Nicolas Maduro announced plans to pre-mine the petro. The new currency is expected to launch in six weeks. Also read: South Korea Urges 23 Countries, EU,...

Russian Cryptocurrency Bill Is Ready – Regulators Share Details

The bill for the regulation of cryptocurrencies and initial coin offerings (ICOs) in Russia is ready. It was jointly developed by the country’s central bank and finance ministry. The regulators have shared some details of the bill including...