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Bitcoin Cash Sees Mining Pool Shift and Hashrate Surpass 4 Exahash

While people have watched the BTC network surpass 100 exahash per second (EH/s), Bitcoin Cash (BCH) has been steadily gathering hashrate as well. Since the November 15, 2018 blockchain split, which produced the Bitcoin SV (BSV) chain, BCH hashrate has jumped by more than 3x. Bitcoin cash is often more profitable to mine than BTC and during the last seven days, the BCH hashrate has averaged around 4EH/s. Also Read: Debate Ensues After 68% of BCH Hashrate Mined by Stealth Miners Bitcoin Cash Hashrate Climbs Over 4 Exahash per Second…

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Why User Experience Is Crypto’s True ‘Killer App’

There’s been a lot of buzz in the space recently about the importance of user experience. Kim Dotcom’s proclamation that “Mass utility is going to lead to mass adoption,” speaks to this. Peter Schiff’s bitcoin wallet fiasco, CZ’s claim that centralized exchanges are safer than private wallets, and promises of a still undependable Lightning Network as salvation all point to the same. As cashless payment systems proliferate around the globe, one thing becomes crystal clear: crypto doesn’t need a killer app – it is the killer app. Crypto needs better…

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UK Tax Agency to Pay $100K for Blockchain Surveillance Software

On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software that can “identify and cluster crypto asset transactions.” Also read: Britain’s Tax Authority Updates Crypto Guidelines HMRC Wants a Blockchain Analysis Tool and Is Willing to Pay $100,000 Governments worldwide have been cracking down on cryptocurrency holders in order to make sure they…

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RBI Confirms Crypto Not Banned in India

The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in the entities it regulates, such as banks, from risks associated with trading cryptocurrencies. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia RBI Did Not Ban Crypto During a supreme court hearing last week, the counsel…

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Popular Crypto Wallet Imtoken Adds Bitcoin Cash Support

Consistently among the top digital assets in the world by market cap, Bitcoin Cash is accepted by most crypto service providers and the list just keeps growing. The latest platform to add BCH support is the popular crypto wallet with over 10 million downloads, Imtoken. Also Read: Bitcoin.com Partners With Mecon Cash, Enabling Withdrawal at ATMs Across South Korea Imtoken Now Offers a Bitcoin Cash Wallet The company operating the digital asset management tool Imtoken has announced today it has added bitcoin cash support to its multi-chain crypto wallet app…

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