#CryptoCorner: Bitmain Announces Two New Miner Models, Bakkt: (NYSE: $ICE) Insures Deposits with $125 Million Policy, Catalonia Reveals #Blockchain ID System
#CryptoCorner: Bitmain Announces Two New Miner Models,
Bakkt: (NYSE: $ICE) Insures Deposits with $125 Million Policy, Catalonia
Reveals #Blockchain ID System
Point Roberts, WA, Delta BC, September 9,
2019 - Investorideas.com, a leader in crypto and blockchain investing news
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Stocks discussed: (NYSE:ICE) (KSE:066570) (KSE:005930)
Crypto mining giant
Bitmain announced the launch of two new miners in a recent blog
post.
The Antminer S17e and Antminer T17e will feature improvements to hash rate and
power efficiency, aimed at more long-term stability and reduced maintenance
costs. Additionally, the two new models are “equipped with a more secure
software system to prevent malicious attacks”. The blog post reveals that if
the miners “are not shipped after a certain period of the specified delivery
date, Bitmain will compensate customers by coupons for each day of delay, based
on PPS rewards of the mining pool (electricity cost deducted)”.
A recent tweet from Bakkt, the
crypto exchange/platform owned by Intercontinental Exchange (NYSE:ICE), reveals that its
Bakkt Warehouse component is active for futures trading. The tweet also states
that the firm is protecting Bitcoin (BTC) deposits with a $125 million USD
insurance policy. An earlier tweet from the firm revealed that it would begin accepting deposits on
September 6, with futures trading starting on September 23.
The government of
Spain’s Catalonia region has revealed plans for a new blockchain-based identity
system, according to local outlet VilaWeb. The project is
called IdentiCAT and will give citizens access to services and benefits via a
mobile application. It was announced by Catalonia President Quim Torram, who
commented:
“Now it's time to lead the digital revolution. We speak
of an entrepreneurial society that is attentive to social innovations and
innovations. The aim of this government is to put people at the center of their
policies, also the digital ones.”
Jordi Puigneró,
Minister of Digital Policies and Administration, claimed that the technology
would not be used by the government to identify citizens.
South Korean outlet
Chosun reports that LG (KSE:066570) plans to release
a blockchain phone as a response to rival electronics giant Samsung (KSE:005930), which itself is
releasing the Klaytn smartphone with a crypto wallet. According to an unnamed
industry official cited in the piece:
LG Electronics has completed the market research of
D-App and blockchain companies. Shortly after Samsung released its
cryptocurrency wallet app 'Blockchain Keystore', LG officials met with several
domestic DApp developers, he explained. He added that he knew that he had been
told what a specific DApp would do before it was loaded.
Sam Mowers,
Investorideas
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