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Cryptocurrency hardware wallet manufacturer Ledger has sold over 1.3 million units as of this month, the company revealed in a blog post October 10. Wallet Manufacturers Target The Millions Discussing whether or not cryptocurrency investors “need” hardware wallets, CEO Eric Larchevêque disclosed the figure, which potentially makes Ledger the biggest-selling hardware wallet on the market. Competition in the sector remains limited to a handful of manufacturers, with other well-known names such as TREZOR and KeepKey yet to publish current public figures about their total sales. Unofficial statistics for TREZOR from…

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Bithumb to Hold ‘Special Promotion’ for New Registered Foreign Users Provide benefits for KRW 20 Million transactions with new registration during event period Bithumb, a global cryptocurrency exchange will offer a new registration event to global users who newly join and start making cryptocurrency tranactions.…

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Bitcoin mining has been criticized by mainstream media, environmentalists and some economists for its energy consumption deemed excessive. Yes, the proof of work system burns a lot of electricity but does the planet suffer from deficit? Here’s a look at an interesting aspect of nuclear power generation ­– it turns out the wasted capacity of just several reactors is enough to satisfy the needs of the whole network. Besides, when fully loaded they are actually more efficient and safer.      Also read: Mainstream Media Claims Bitcoin Burns More Energy Than…

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NYU economics professor Nouriel Roubini, commonly known as Dr. Doom in mainstream financial media circles, is a long-established Bitcoin and cryptocurrency skeptic. In his latest rant he focuses on blockchain technology and the people promoting it. Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern Greedy White Men Roubini, who recently testified before the U.S. Senate Banking Committee about blockchain, had a few angles of attack against the promoters of distributed ledger technology (DLT) in his latest article, The Big Blockchain Lie. Noting that blockchain has…

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The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision ICO Stance Expected in November Hong Nam-ki, Chief of the Office for Government Policy Coordination, conveyed during a parliamentary audit on Thursday that “The Korean government is likely to announce its stance on the much–disputed…

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The following post about micropayments was written by Dmytro Spilka. He is the CEO at Solvid and founder of Pridicto, a web analytics startup that uses AI and Machine Learning to forecast web traffic, monitor vital metrics, and set visual traffic aims. Cryptocurrencies may have assumed the role of the quintessential water cooler topic over recent years, but there’s something stopping it from making that vital transition from being well talked about to well invested. Also read: Robinhood Crypto Expands to Three More States Micropayments To say the likes of Bitcoin isn’t…

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Over the next few weeks, Bitcoin.com is hosting a paper wallet design contest to create a beautiful cold storage visual graphic for bitcoin enthusiasts around the world. The competition is open to everyone and the winning entry will receive $100 worth of bitcoin cash. Also Read: Bitcoin.com Store Adds More Hot New Items and Amazon Gift Cards Create a Unique Bitcoin.com Paper Wallet Design to Win Bitcoin Cash Just recently, Bitcoin.com launched its newly revamped paper wallet generator, so bitcoin cash (BCH) supporters can utilize a classic cold storage solution and…

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A Chinese bitcoin miner from Shanxi province has been jailed after admitting to the theft of 104,000 yuan ($15,000) worth of electricity from a train network.  Cheap Day Return Obviously, stealing that much power would take an awful lot of train travel. No matter how many seats with power sockets you reserved, the ticket price alone would far outweigh the potential return. So Xu Xinghua tapped directly into the Datong train network’s power grid to supply his mining operation. Between November and December 2017, he was running fifty bitcoin mining…

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Last week, a bitcoin picture puzzle appeared online in which players were challenged to uncover the private key to a BTC wallet. The game sparked major interest, for its 310 BTC prize was magnitudes greater than anything previously offered by a game of this nature. But it appears that somebody has now won the jackpot, as the wallet was drained on Oct. 10. Also read: Bitcoin Puzzle Games Are Growing in Popularity Crypto Challenge Promises Greatest Jackpot of Its Kind “This is a challenge in which 310 BTC is hidden…

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Scammers conned $50,000 out of regular Australians using a blatantly obvious fake tax debt fraud. Multiple victims have been lured into paying off non-existent debt through Bitcoin ATMs. A Time-Tested Scam Scammers have managed to con upwards of $50,000 from Australian citizens, luring them in to pay off a non-existent debt in a classic fraud. At least four victims from eastern Melbourne have fallen for the trick, local news media reports. Purportedly, the scammers would call the victims and convince them that they have an outstanding tax debt and that,…

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