According to research conducted by the Internet agency Digital Catapult, the UK's opaque regulation of the digital technology sector has become one of the biggest problems for the country's blockchain companies.
One of the largest computer hardware manufacturers in the world, Asus Corporation, now allows players to use the excess power of their video cards to make money by mining cryptocurrencies.
The world's second-largest semiconductor chip maker, Intel, has received a patent for a Bitcoin mining system using an "energy-efficient hardware accelerator." According to a patent titled “Optimized SHA256 Datapath,” the newly invented “high-throughput” Bitcoin mining process could reduce overall energy consumption by 15 percent.
The regulated Japanese exchange Bittrade will become part of the Huobi group. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade clients will need to open new accounts, complete KYC verification, and transfer their assets to the new platform.
We believe that the correction from the annual lows has ended. Prices have entered a new wave of decline
After 11 months of market decline, altcoin prices have begun to recover.
According to Chinese internet company Tencent, NEO users are at risk of losing their funds at any second as a newly discovered security vulnerability allows hackers to gain remote access to their wallets.
The G20 summit ended with the signing of a final declaration, in which there was also a place for crypto-assets. The leaders of the countries came to a consensus on the prospects of digital technologies and the advisability of uniting for global regulation of cryptocurrency activities.
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