{"id":1112,"date":"2020-05-11T16:45:58","date_gmt":"2020-05-11T23:45:58","guid":{"rendered":"https:\/\/synq.tech\/a\/?p=1112"},"modified":"2020-05-11T16:47:07","modified_gmt":"2020-05-11T23:47:07","slug":"may-2020-weekly-recap-2","status":"publish","type":"post","link":"https:\/\/synq.tech\/a\/2020\/05\/11\/may-2020-weekly-recap-2\/","title":{"rendered":"May 2020 Weekly Recap #2"},"content":{"rendered":"<h1 style=\"text-align: center;\">May Weekly Recap 2<\/h1>\n<pre style=\"text-align: center;\">May 5th - May 11th, 2020<\/pre>\n<p>Welcome to our 2nd weekly recap for May.<\/p>\n<h2><strong>Overview\u00a0<\/strong><\/h2>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-1113\" src=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/05\/may-2-recap-1024x630.png\" alt=\"\" width=\"857\" height=\"527\" srcset=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/05\/may-2-recap-1024x630.png 1024w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/05\/may-2-recap-300x185.png 300w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/05\/may-2-recap-768x473.png 768w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/05\/may-2-recap-1536x945.png 1536w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/05\/may-2-recap-2048x1260.png 2048w\" sizes=\"(max-width: 857px) 100vw, 857px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>Crypto News<\/h2>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><a href=\"https:\/\/news.bitcoin.com\/iran-licenses-7-3-million-bitcoin-mining-enterprise-move-aimed-at-easing-u-s-sanctions\/\"><strong>IRAN LICENSES CRYPTO MINING ENTERPRISE<\/strong><\/a><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<p>Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH\/s) in total. According to reports, the miner has spent $7.3 million setting up the mining facility, located in Iran\u2019s central city of Semnan.<\/p>\n<\/div>\n<\/div>\n<ul>\n<li><a href=\"https:\/\/news.bitcoin.com\/bitcoin-atm-locations\/\"><strong>BITCOIN ATM NUMBER SURGES<\/strong><\/a><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<p class=\"text \">The number of bitcoin ATM locations has been growing rapidly amid nationwide lockdowns and the coronavirus crisis. With hundreds of new machines added each month, there are now more than 7,700 bitcoin ATMs spread all over the world.<\/p>\n<\/div>\n<\/div>\n<ul>\n<li><a href=\"https:\/\/news.bitcoin.com\/new-cryptocurrency-exchanges-india\/\"><strong>NEW CRYPTOCURRENCY EXCHANGE LAUNCHES IN INDIA<\/strong><\/a><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<p>The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI).<\/p>\n<\/div>\n<\/div>\n<ul>\n<li><a href=\"https:\/\/news.bitcoin.com\/chinese-court-bitcoin-asset-protected-by-law\/\"><strong>CHINESE COURT RULES BTC IS ASSET PROTECTED BY LAW<\/strong><\/a><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves the theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under Chinese law; the court disagreed, citing documents by the central bank, the People\u2019s Bank of China (PBOC).<\/li>\n<li style=\"list-style-type: none;\"><\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-0\" class=\"article-pharagraph\">\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>May Weekly Recap 2 May 5th &#8211; May 11th, 2020 Welcome to our 2nd weekly recap for May. Overview\u00a0 &nbsp; &nbsp; Crypto News IRAN LICENSES CRYPTO MINING ENTERPRISE Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per<\/p>\n","protected":false},"author":4,"featured_media":1115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[30,52],"tags":[81,91,92,89,87,88,94],"jetpack_featured_media_url":"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/05\/cryptocurrency-concept-altcoins-blockchain1.jpg","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>May 2020 Weekly Recap #2 &bull; SynQ<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/synq.tech\/a\/2020\/05\/11\/may-2020-weekly-recap-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"May 2020 Weekly Recap #2 &bull; SynQ\" \/>\n<meta property=\"og:description\" content=\"May Weekly Recap 2 May 5th - May 11th, 2020 Welcome to our 2nd weekly recap for May. 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