Binance Relaunches Its iOS App

Cryptocurrency exchange Binance has announced that its iOS app is now live. Binance’s app first appeared on the App Store in October 2018, but it was summarily taken off in May 2019. In a blog post published on August 19, 2019, the exchange revealed that the Binance iOS app (V1.7.1) is now one again live…

Cartoon: Bitcoin Baby

Some commentators have dismissed Bitcoin as a joke compared to blockchain technology, but Bitcoin is proving to be more resilient as a decentralized and truly novel approach to financial services. Most blockchain implementations in the financial service industry deliver cost efficiencies, but are still permission-based, which makes them similar to other centralized technologies. However, by…

Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining

Waves of heavy rainfall in China’s Sichuan province have caused major flooding, significantly affecting bitcoin mining operations that leverage hydroelectric power in the area. The Chinese government acknowledged the rampant flooding in the areas surrounding Sichuan’s various rivers, which has caused several deaths and injuries. State-run media outlet China Daily reported that the infrastructure damage…