Tuesday, April 9, 2019

China considers Bitcoin mining ban

THE DAILY CRUNCH
TUESDAY, APRIL 9 2019 By Anthony Ha

Bitcoin mining faces Chinese regulation, Twitter cuts down on spam and an analyst predicts a 6K external display from Apple. Here's your Daily Crunch for April 9, 2019.

1. Regulators in China are weighing a ban on Bitcoin mining

Cryptocurrency mining has become the latest target for the Chinese government seeking to phase out industries considered to be a drag on the country's economy.

The National Development and Reform Commission, the top economic planning agency in the world's largest market for bitcoin mining, released a list of sectors it plans to promote, restrict or eliminate. Crypto mining, the process of creating Bitcoin and other digital currencies through the use of computing power, was namechecked.

2. To cut down on spam, Twitter cuts the number of accounts you can follow per day

The idea with the new limit is that it helps prevent spammers from rapidly growing their networks by following then unfollowing Twitter accounts in a "bulk, aggressive or indiscriminate manner" — something that's a violation of the Twitter Rules.

3. Apple could release a 31.6-inch 6K external display this year

Analyst Ming-Chi Kuo has released a new report about future Apple products.

4. Travel activities platform Klook raises $225M led by SoftBank's Vision Fund

Klook was founded in 2014 and it serves as an activities platform for users who travel overseas. That covers areas like visits to adventure parks, scuba diving, more localized tours or basics — all of which can be found and paid for using Klook's platform.

5. UK sets out safety-focused plan to regulate internet firms

The government is now proposing a mandatory duty for platforms to take reasonable steps to protect their users from a range of harms — including but not limited to illegal material such as terrorist and child sexual exploitation and abuse.

6. Don't worry, RED's $1,595 titanium Hydrogen One is finally shipping

Fear not, the Titanium version of RED's wholly ridiculous Hydrogen One is finally here. And yes, it costs as much as you remember.

7. Dote raises $12M and introduces live-streamed Shopping Parties

Shopping Party allows influencers to share live video while browsing different products on Dote and chatting with fans.

Get more stories at techcrunch.com 

Newest Jobs From CrunchBoard:

SEE MORE JOBS ON CRUNCHBOARD
Post your tech jobs and reach millions of TechCrunch readers for only $200 per month
Facebook   Twitter   Youtube   Instagram   Flipboard
View this email online in your browser
Privacy Policy | Terms of Service | Unsubscribe
© 2019 Oath Tech Network. All rights reserved.
410 Townsend Street, San Francisco, CA 94107
                                                           

No comments:

Post a Comment