Cryptocurrency News

Indonesia is known to be among the very few countries in Asia that have entered the cryptocurrency space. In a recent report, the country’s financial watchdog has reportedly set out new regulations designed specifically for the trading of digital currencies on futures exchanges.

The titular Bitmain Technologies has recently announced a new 7-nanometer Bitcoin mining processor. Interestingly, it is expected to offer a whole new level of energy efficiency, as per the company’s announcement.

Cryptocurrency mining hardware maker Bitmain reported losses to the tune of $500 million during the third quarter of 2018 due to the massive slump in the crypto market.

In the latest round of scams related to cryptos, law enforcement officials in Mumbai, India have busted a group of suspects that were reportedly involved in a crypto scam that allowed them to collect over INR1 billion (~$17 million).

Rakuten, which is an e-commerce firm based in Japan, has recently announced a major update of its titular mobile app called Rakuten Pay. The update, in particular, is expected to be released come March this year. The announcement was made during the company’s 2018 earnings.

Rhombus, which is being backed by ConsenSys, is reportedly releasing new products specifically designed to help in connecting decentralized, ETH-based blockchain applications to real-world data. The announcement was made by the startup just recently this weekend.

It cannot be denied that the economic growth is slowing and trade tensions are starting to get tense. Considering all of these, it is safe to say that there is every reason for an institutional investor to worry about.

Nvidia, which is a graphics card manufacturer based in the United States, has commented on its infamous fourth-quarter run. The company stated that the downturn in sales to digital currency miners is the main culprit behind the ‘disappointing’ quarter.

According to an official report, iPhone manufacturer Apple has decided to submit what appears to be an arcane filing with the Securities and Exchange Commission (SEC). The only catch, however, is that the document reportedly contains tantalizing details pertaining to the tech giant’s interest towards the blockchain technology.

According to a report published by Infoholic Research LLP on February 15, the growth of global Blockchain use in the energy utilities sector is…