Code Chain New Continent Limited (the "Company" or "Code Chain" or "We") (NASDAQ: CCNC), a leading eco-technology company, today announced that it completed the previously announced purchase of 10,000 Innosilicon T2T Bitcoin mining machines with Chengdu RiZhanYunJisuan Co., Ltd. The miners are expected to be immediately deployed to provide an estimated 240 PH/s of Bitcoin mining hash rate capacity.
The proposal, a standard data format for Merkle inclusion proofs, is the first to reach the public review phase as part of a pilot programme for the Bitcoin SV Technical Standards Committee and its processes. Merkle proofs are vital to all uses of Simplified Payment Verification (SPV) described in the original Bitcoin whitepaper and form the foundation of most user interactions with the Bitcoin network.
Digital Asset Investment Management (DAiM), the first licensed Registered Investment Advisor for Bitcoin and Digital Assets, has launched the first ERISA compliant employer-sponsored 401(k) plans with Bitcoin. DAiM serves as the plan fiduciary and is responsible for selecting, managing, monitoring, and benchmarking the investment offerings.
Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain and digital currency, today announces that it has hired Bryan Daugherty as the organisation's first technical outreach specialist. Daugherty's hire is part of the Association's broader initiative to expand enterprise engagement and education around the benefits of building with the Bitcoin SV data network.
Consumers can now use cash to purchase bitcoin with LibertyX at 20,000 retail locations around the U.S., including major convenience store and pharmacy chains, such as 7-Eleven, CVS Pharmacy®, and Rite Aid. A full list of participating retailers can be found using the LibertyX store locator available at libertyx.com or by downloading the LibertyX app.
Bitcoin IRA, the world's first, largest and most secure digital asset IRA technology platform that allows clients to purchase cryptocurrencies and other digital assets for their retirement accounts, today highlights that cryptocurrency is recovering higher from the coronavirus market sell-offs than nearly all other traditional investments including the DOW and the S&P 500, as of April 9th, 2020.
Bitcoin Association, the global industry organisation that backs Bitcoin SV (BSV), is pleased to announce that it has appointed Alex Speirs as its Head of Communications. Based in London, Alex will lead the Association's internal and external communications, including content strategy, public affairs and relations, and executive communications.
Bitcoin's original design is back with the Bitcoin SV (BSV) network's hard fork on 4 February 2020. The hard fork is code-named "Genesis" because it returns the Bitcoin protocol as closely as possible to the original released in 2009 by Bitcoin's creator Satoshi Nakamoto (aka Dr. Craig S. Wright). Rather than an "upgrade," this is more accurately a protocol "restoration." This is a key step in Bitcoin SV's journey to finally unlock the massive on-chain scaling power and greater technical capabilities that were always possible with Bitcoin's technology platform. Bitcoin SV can now enable a world where data, transactions and digital activity of all types can be "on-chain" on a single public blockchain, just like the world operates online on a single public Internet.
Coinme today announced its entry into the greater Sacramento area by adding more than 100 Bitcoin purchase points at Coinstar® kiosks in Safeway, Save Mart and Food Maxx supermarkets. The Coinstar kiosks make up the largest network for purchasing Bitcoin for Sacramento area consumers.
Despite its volatile nature, nearly half of financial professionals believe Bitcoin will be the investment class with the highest growth rate over the next 12 months according to a recent survey conducted by Chainalysis, the blockchain analysis company. Chainalysis polled 350 finance professionals including executives from banks, credit unions, financial services providers, and regulatory agencies at the ACAMS 19th Annual AML & Financial Crime Conference.