Month: September 2019

Ending US Dollar Dominance for Crypto Makes No Sense

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Ex-United States Federal Reserve official Simon Potter stated that the plan to end the U.S. dollar’s dominance by replacing it with a digital currency makes no sense. Central banks unlikely to coordinate around virtual currency Last month, Governor of the Bank of England Mark Carney suggested ending the U.S. dollar’s dominance by replacing it with […]

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BTC.com’s Bitcoin Mining Pool Dominance Threatened by Poolin

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This article was originally published by 8btc and written by Lylian Teng. On September 16, 2019, BTC.com, Bitmain’s mining pool, lost its years’-long first place position to another China-based mining pool, Poolin, whose real-time hashrate read 13,378.00 PH/s at one point. BTC.com, supported by the advantages of Bitmain’s bitcoin mining machines, has been the largest […]

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Wells Fargo Accused Over Hypocrisy Over Recent Crypto Flip-Flopping

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Multinational financial services company Wells Fargo has been accused of hypocrisy over its seemingly confused stance on crypto assets. Whereas the firm has previously stated that it does not allow transactions involving cryptocurrency, it now appears that the financial giant is experimenting with its own digital currency. The third largest bank in the US announced […]

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