A record amount of BTC was transferred, and HTC smartphone to allow mining Monero

A record-high amount of BTC was transferred

The Bitcoin blockchain registered a transfer of 161,500 BTC ($1.1 billion) — in dollar equivalent, this is a record-high transaction over the entire history of the first cryptocurrency.

The commission was only $0.68, which clearly shows one of the main advantages of bitcoin. The Twitter user KRMA_0 noticed the move and the Bitfinex exchange CTO Paolo Ardoino responded to the tweet saying that was transfer was made by their platform.

“Yep, we refilled hot wallet with 15k, rest went back to original address,” he wrote.

Deutsche Bank: Central banks will launch digital currencies within 3 years

The coronavirus crisis is forcing countries to accelerate the development of digital tokens, said Marion Laboure, an analyst at Deutsche Bank.

According to him, the first state cryptocurrencies (CDBC) will appear within the next three years. The alliance of Central Banks involved in the development of tokens includes regulators of the European Union, England, Canada, Switzerland and Japan, as well as the Bank for International Settlements. Last year, Sweden and France announced that they would finish testing their own digital currencies by the end of 2020.

Laboure added that in April there will be a meeting of the alliance members to discuss the conditions for the introduction of tokens and legal relations between the countries owning CDBC.

HTC to allow mining Monero

HTC has confirmed that their new Exodus 1S blockchain smartphone will allow users to mine Monero cryptocurrency.

The XMR DeMiner app is being developed together with Midas Labs, the manufacturer of ASIC miners. Product release is scheduled for Q2 of 2020.

The DemMner hashrate will be comparable to desktops and laptops, but energy costs will be significantly reduced, which is important for mobile devices.

“Midas Labs empowers EXODUS 1S users to mine at least $0.0038 of XMR per day on average, while the electricity cost is less than 50% of that”,” said Midas Labs CEO Jri Lee.

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