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Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills

This post was originally published on this siteTwo mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One of the companies, U.S. miner NGDC, appears to have suddenly fled from the area, leaving $1.55 million in unpaid electricity bills in its …

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Microsoft Releases Cloud-Based Azure Blockchain Development Kit

This post was originally published on this siteMicrosoft has introduced a serverless blockchain-powered development kit, focused on connecting interfaces, data integration and deploying smart contracts

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‘First’ Collectible on Two Blockchains: ‘The Cutest Crypto Game’ Now Available on EOS

This post was originally published on this site“The first game which officially supports two blockchains simultaneously”: a decentralized crypto collectible game has announced that it is now available on EOS, which is supposed to make transactions faster #SPONSORED

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Coinbase Ventures Backs Home Crypto Mining Startup Coinmine

This post was originally published on this siteCoinmine is a new startup that aims to make in-home mining accessible for non-technical users, based in Los Angeles and founded by Farb Nivi and Justin Lambert. The company has reportedly raised about $2 million from VC funds and angel investors such as …

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Hash Wars: The Bitcoin Cash Hard Fork Has Begun

This post was originally published on this siteToday Thursday, Nov. 15, a great majority of the cryptocurrency community is fixated on the contentious Bitcoin Cash (BCH) hard fork and watching the spectacle with great anticipation. At approximately 1:00 p.m. EST miners backing both implementations started the fork process in order …

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After Yesterday’s Bloodbath, Losses Continue for Major Cryptos, XRP Overtakes Ethereum

This post was originally published on this siteBloodbath continues with Bitcoin dipping below $5,400 earlier today, Ripple sees slight gains and overtakes Ethereum as number two coin by market cap

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Canaan’s Hong Kong Listing Plans in Limbo

This post was originally published on this sitePlans by bitcoin mining equipment manufacturer Canaan to list shares on the Hong Kong stock exchange are now uncertain, as the Chinese company’s application for an initial public offering (IPO) expired on Nov. 14 — exactly six months after it submitted the documents …

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European Central Bank Exec Calls Bitcoin the ‘Evil Spawn of the Financial Crisis’

This post was originally published on this siteAn Executive Board member of the European Central Bank considers Bitcoin to be the “evil spawn of the [2008] financial crisis”

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Russia: Sberbank CEO Says Industrial Scale Blockchain Adoption Is 1-2 Years Away

This post was originally published on this siteHerman Gref, head of major Russian bank Sberbank, says blockchain will be implemented on an industrial scale in one or two years

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Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense

This post was originally published on this siteIn recent regulatory news, a Canadian court plans to take custody of $19.5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. Also, New York state regulators have granted the …