The ongoing traditional financial institution talent exodus continues, as the managing director of the cryptocurrency project at Barclays (BCS), the British multinational investment bank and financial services company, has reportedly left the firm. According to a recent report by Bloomberg that cites an insider familiar with the matter, Chris Tyrer has left the bank after starting exploratory […]
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To Sell or Not to Sell: That Is No Longer The Question For Miners
Today, cryptocurrency mining operators could benefit from taking out loans while using their mined coins as collateral to cover their expenses and persevere during the current bear market.
Miners Can’t Hodl…or Can They?
Large-scale miners have enormous fixed costs, which they must pay regardless of the price their mined coins are currently worth. Indeed, many mining farms operate on thin margins and a shoestring budget, where expenses like electricity, rent, and other overhead costs must be covered monthly or the operation goes under water.
New Platform Answers the Question: Who’s Really Behind That ICO?
With crypto scams running rampant across the globe, Human Trust Protocol, aka Hub, is joining hands with Civic, a blockchain identification service provider, to verify users via know-your-client (KYC) data gathered from the Civic secure identity platform (SIP). The new project entitled ICO Hub is an algorithmic ICO rating service that adds identity verification as a central rating factor: Hub representatives will now be able to identify ICO project team members and organizers to ensure a platform’s authenticity before investors step in.
More Belarusians Search “Crypto”, Question “Legalization”
Interest towards cryptocurrencies in Belarus has increased significantly in the past year. Topics related to bitcoin, mining, and blockchain have been popularized by media. Belarusians are searching for more crypto information online, but there are some key questions search engines are unable to answer: Will ordinary citizens benefit from the upcoming legalization? Are they going to be able to receive salaries and pay bills in bitcoin? Concerns are growing that Decree №8 may simply turn Belarus into a “crypto-offshore”.
Also read: New Plant to Assemble Mining Rigs in Belarus