China has long been the world’s epicenter of BTC mining. Due to recent government crackdowns on the sector, a mass exodus has begun with block reward miners looking for friendlier jurisdictions to set up shop in. This week, block reward miner The9 Ltd (NASDAQ: NCTY) added its name to the long […]
Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official revealed. New Regulations to Create Market for […]
United States senators Mark Warner and Kyrsten Sinema, both Democrats from Virginia and Arizona, respectively, have introduced a new amendment to the infrastructure bill that would lessen the burden on cryptocurrency tax reporting for miners and wallet providers. As Perianne Boring reported Saturday afternoon, the senators are endorsing an amendment […]
On Day 1 of CoinGeek Zurich, Kurt Wuckert Jr. moderated a panel of experts who talked about triple entry accounting on blockchain. One of them was Torje Vingen Sunde, the CTO of Abendum. He later joined CoinGeek Backstage where he broke down triple entry accounting, what the future holds for […]
The blockchain ecosystem, that is taking the world of technology by storm We are living in a world of rapid change and innovation. Everything around us is changing at an exponential rate and it is shifting the world from one idea to another, not simply to engage and impress people, […]
ZUG, Switzerland – August 6, 2021 – Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV (BSV) blockchain and digital currency, today confirms that two 1 gigabyte (GB) blocks were successfully mined on the BSV network – the largest blocks ever mined on […]
Prominent figures in the cryptocurrency space have continued to remark on the implied intensifying crypto-hostile atmosphere that was expressed by the US SEC Chair Gary Gensler on Tuesday, during the agency’s most elaborate commentary about its view on the cryptocurrency market. In so many words, Gensler said that the SEC […]
Key Takeaways The crypto industry is lobbying the Senate to accept the Wyden-Lummis-Toomey crypto amendment to the infrastructure bill. Treasury Secretary Janet Yellen has reportedly been lobbying Senators against the amendment, pushing for the more stringent White House-backed provision. The final vote on the amendment is due Saturday. Janet Yellen […]
Cloud mining is gaining momentum every day. The more cloud mining companies update their equipment, the more effectively the company continues to operate. Very often there is a hunt for the latest processors or video cards for mining, since their number on the market is limited. Smart Hashes is a […]
The US Securities and Exchange Commission (SEC) has charged two Florida men and their Cayman Islands-registered firm for selling more than $30 million worth of unregistered securities on decentralized finance (DeFi) platform. Friday’s press release further elaborated that two defendents, Gregory Keough and Derek Acree, also misled investors with falsified […]
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