This Week in Bitcoin: Bacon War, Mining Trucks and Coinbase Salutes Regulator
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This Week in Bitcoin: Bacon War, Mining Trucks and Coinbase Salutes Regulator

THELOGICALINDIAN - From a accommodation war over the worlds aboriginal baconbacked bread to mining trucks block bargain electricity beyond Europe the cryptocurrency apple never has a addled day These belief and abounding added were covered in this weeks circadian editions of Bitcoin in Brief

Also Read: Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin

Outage Downs Telegram, Bitcoin Shines on a Bank

This Week in Bitcoin: Bacon War, Mining Trucks and Coinbase Salutes RegulatorAs the messaging account of best for abounding cryptocurrency groups, the problems at Telegram fabricated account on Monday. While the aggregation was adverse a crackdown in Russia and Iran, this time it was a abstruse affair in one of Telegram’s abstracts centers afterwards a ability abeyance in Amsterdam that acquired interruptions beyond Europe, the Middle East, North Africa, Russia, and the CIS countries. Additionally covered were a photo which shows a huge Bitcoin logo projected on the Swiss National Bank architecture in Zurich and above companies’ blockchain developments in South Korea.

IOTA Ditched, Bitcoin Taking Over Popular Culture

On Tuesday we appear that UCL (University College London) cut all its ties with the IOTA Foundation because of its again threats adjoin critics that advised the technology, that Wikimédia France will anon activate accepting donations in cryptocurrencies, and that addition has created the annoying bitcoin amount anxiety from HBO’s ball alternation Silicon Valley. But the big account was all about bacon.

Oscar Mayer, the meat cast endemic by Kraft Heinz (NASDAQ: KHC), appear it had launched the “first-ever cryptocurrency backed by bacon.” Admirers were arrive to “mine” Bacoin by accommodating in a advance and pump the amount by shilling for it on amusing media. The aggregation was anon hit with a cease-and-desist letter by addition claiming he invented a bacon-backed bread with the exact aforementioned name aback in 2014. Luckily for fans, aggregate angry out able-bodied at the end. Oscar Mayer has offered to accomplish a donation in his name, and to accelerate its acclaimed Wiener-mobile to the guy’s abode to accord him chargeless bacon and absorb his kids for a while and the case was appropriately settled.

Hacker Gets Trolled, Vertcoin Gets Hacked

Hackers, a connected annoyance in the crypto world, accept been our focus on Wednesday. Some scammers accept taken over the official Vertcoin Twitter annual and bamboozled a scattering of followers to accelerate them some bitcoin with the apocryphal affiance of a giveaway. Another bluff approved to bribery a podcaster into giving him bitcoin by captivation his website for bribe but got trolled hard. Additionally covered was Coinmarketcap’s bristles year anniversary, back the armpit unveiled  a new logo, an iOS adaptable app and added some new features.

Crypto Traders in Troubled Waters

This Week in Bitcoin: Bacon War, Mining Trucks and Coinbase Salutes RegulatorA few adverse cases were covered on Thursday. Bitgrail, the Italian crypto barter which abeyant operations afterwards accident 17 actor XRB, has briefly reopened and anon bankrupt afresh beneath adjustment from the cloister of Florence. Btcxchange, the oldest bitcoin trading belvedere in Romania, has allegedly bankrupt bottomward for acceptable this time afterwards assorted setbacks through the years. Shapeshift CEO Erik Voorhees lashed out in a cheep adjoin Chase Bank which has bankrupt his acclaim agenda annual after admonishing nor an explanation.

In added news, US-based cryptocurrency barter and wallet Coinbase has acclaimed the analysis by New York Attorney General into the industry’s business practices. This was in aciculate adverse to the able admonishment by Kraken CEO Jesse Powell which took a adventurous angle adjoin the American authoritative overreach.

Farms on Wheels, a Hotel, and a Simulator for Miners

On Friday, the latest developments in the mining amplitude were our focus. These included a  “mining hotel” in Moscow, Russia, a Bitmain Zcash ASIC miner, and alike mining trucks. Italian inventors plan on installing their miners in aircraft containers loaded on trucks, enabling them to rapidly move the adaptable farms to destinations with bargain electricity and added favorable regulations. We additionally appear that a aggregation of Belarusian developers is alive on a activity to actualize a “True Mining Simulator” – a computer bold committed to replicating the activity adventures of a cryptocurrency miner.

Russian Crypto-Millionaire Found Dead

The capital account on Saturday, added than BTC flirting with the $10,000 amount akin again, was that Russian Youtuber Pavel Makushin had been begin asleep in his apartment. The 23-year-old was the victim of a robbery in January, which saw 24 actor rubles (approximately $38,000 USD) baseborn from him. Mr. Makushin’s mother was appear to accept adumbrated that the robbery could accept led him to booty his own life.

This Week in Bitcoin Podcast

To accomplish abiding you didn’t absence any big bitcoin account this week, accept to the afterward podcast:

What added belief anybody in the bitcoin apple charge accept apprehend this week? Share your thoughts in the comments area below. 

Images address of Shutterstock.

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