September 25

“One explanation is that the temporary downturn in mining was connected with a move to update S9 ASIC miners from Bitmain ahead of the Bitcoin network’s forthcoming difficulty increase.

The head of research at digital asset manager CoinShares, has meanwhile attributed the sharp spike downward to a statistical relic.

Bitcoin hash rate is not a known measure. It can only be estimated from previous block intervals. Block times are Poisson distributed which sometimes causes large variance in block intervals. If several slow blocks happen in a row, it makes these estimates spike down.”

“Lloyds Bank, one of the “Big Four” clearing banks in the U.K., said that it would use Komgo’s platform ‘to enable quicker international commodity trade finance.’

Komgo’s DLT platform digitises and streamlines the commodity trade finance process, enabling businesses to quickly and automatically exchange data and associated documents across a wide range of solutions – from letters of credit and KYC management to receivables discounting – in a digital, secure and decentralised way.

“Binance users can now buy crypto using their Visa and MasterCard debit and credit cards. The London-based payment processor charges 2.5% per transaction, with the purchased assets on average taking five to 20 minutes to reach a Binance wallet.

To date, Koinal does not support bank cards issued within Mainland China, Russia, the United States, Vietnam, Bolivia, Colombia, Ecuador, Algeria, Bangladesh, Indonesia, Jordan, Kyrgyzstan, Morocco, Nepal, Saudi Arabia, Iran, Pakistan, Taiwan and Cambodia.”

“With the new platform, SoFi joins a number of digital-first trading firms – including eToro and Robinhood – to enter the crypto market. Coinbase was tapped to provide the firm’s crypto liquidity.”

“H&R Block has rolled out a new service targeting people who have engaged in digital currency transactions, specifically providing consultations on how to properly file their cryptocurrency gains and losses on tax returns.”

“The current focus of the team is reportedly refining the protocol design, finalizing cryptographic proof construction, launching long-running testnets and growing the project’s community. 

Filecoin is developed by Protocol Labs, the creators of the decentralized data storage solution InterPlanetary File System (IPFS), which will work as an incentive system for Filecoin.”

It means nothing because Google’s quantum breakthrough is for a primitive type of quantum computing that is nowhere near breaking cryptography.

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