Blockchain Daily Digest – December 24th, 2019

1.   Chinese Officials Seize Upto 7000 Crypto Mining Machines for Illegally Consuming Electricity

An investigation by Tangshan police leads to Official Chinese seizing almost 7000 crypto mining machines, which were illegally consuming electricity.

2.   Bakkt Bitcoin Announces the Promotion of The Company’s Former Chief Product Officer to The Position Of CEO

The futures exchange company, Bakkt Bitcoin, also owned by the Intercontinental Exchange, has replaced their CEO, and promoted Mike Blandina, from his previous position as Chief Product Officer.

3.   Chinese Internet Giant Tencent on the Lookout for New Head of Digital Currency Group

Chinese internet giant Tencent, also the operator of messaging app WeChat has been reported that the company is looking to create a digital currency research group.

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