Bitmain S17/T17 Antminer Has High Failure Rate

Cryptocurrency miners relying on the Bitmain S17 and T17 Antminer have said that the rigs have failure rates between 20-30% where they would normally be roughly 5%. According to an April 26 tweet from Samson Mow, Chief Strategy Officer (CSO) of blockchain infrastructure firm Blockstream, Bitcoin (BTC) miners using rigs from the world’s largest manufacturer …

‘The Sky is the Limit’ for Bitcoin

After predicting a possible Bitcoin price drop to the $3,000s, Silk Road founder and federal inmate Ross Ulbricht sees long-term bullish possibilities for the cryptocurrency price staying well above $20,000. Posting to his personal Medium account on April 24 from the United States Penitentiary Tucson, Ulbricht expanded upon his comments earlier this month in which …

Crucial Moment for BTC, Bull Run Prediction, Halving Frenzy: Hodler’s Digest, Apr. 20–26

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin pushes to clear $7,750 as key weekly close approaches …

Crypto Community Slams Binance Smart Chain Over Centralization

Many crypto analysts have criticized the whitepaper for Binance’s forthcoming ‘Smart Chain’, which was published on April 17. Smart Chain will be Binance’s second smart contract-enabled chain after Binance Chain. It offers the additions of full compatibility with Ethereum (ETH) and a delegated proof-of-stake, or DPoS, governance system with 21 node operators elected by Binance …

Struggling Swiss Crypto Valley Seeks Gov Aid

Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government. This fund is allocated to bail out the troubled fintech companies, according to a Bloomberg April 26 report.  Cantonal Finance Director, Heinz Taennler, said that the fund would consist of private investments, …

Kik and SEC Oppose Each Other’s Motions for Summary Judgment

The U.S. Securities and Exchange Commission, or SEC, and Kik Interactive have both filed oppositions to each other’s motions for summary judgment on April 24. While Kik claims its offerings were exempt from registration requirements, the SEC asserts Kik’s 2017 initial coin offering (ICO) comprised a clear violation of securities laws. Kik and SEC battle …