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Posts published in “Uncategorized”

Amazon union in Alabama warehouse headed for defeat with half the ballots counted

Amazon (AMZN) has apparently clinched victory against a union drive at its warehouse in Alabama, The New York Times reported on Friday, noting that 1,608 votes had come in against the union and 696 in favor. While hundreds of votes haven't been counted, The Times noted that there were not enough votes to secure a…

South African Exchange Ice3x Shuts Down

Reading Time: 2 minutes One of South Africa’s oldest exchanges, Ice3x, has announced that it is closing down Ice3x had halted withdrawals weeks ago after finding a discrepancy in its BTC and LTC holdings The exchange abruptly halted withdrawals last month South African crypto exchange Ice3x announced this week that it is to shut its…

Chinese Government Could Act on Coal-powered Bitcoin Mining

Reading Time: 2 minutes The Chinese government could take action against coal-powered Bitcoin mining farms A recent report claimed that Bitcoin mining operations could undermine the country’s new carbon footprint targets Some areas have already started taking action against crypto miners The Chinese government could take steps to limit the number of coal-powered Bitcoin mines…

The Rise, Fall, and Aftermath of Silk Road

Reading Time: 6 minutes Silk Road was the first big illicit dark web marketplace It was taken down by the FBI in October 2013 and $28.5 million worth of bitcoin seized Silk road has had a long-lasting negative impact on how Bitcoin is viewed worldwide When you hear the name Silk Road what do you…