December 2019 – Page 3

Chinese Bitcoin Miners Pressured to Scale Down Due to Electricity Shortages

Chinese Bitcoin mining farms feel pressure from local authorities to scale down their mining operations during the dry season

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South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb

South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles Hit With Backdated Tax on Crypto Trades Bithumb to […]

The post South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb appeared first on Bitcoin News.

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COSO to Release Guidance on Blockchain for Businesses Aiming to Deploy Tech

COSO is working on guidance on blockchain to give businesses a better understanding of the tech

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IOTA Fixes Issue After Freezing Mainnet Transactions for 24 Hours

IOTA has fixed a mainnet incident that caused its users to be unable to confirm transactions for a period of 24 hours

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$1M Bond to Keep Alleged North Korea Sanctions Violater Griffith in Alabama for Now

Ethereum foundation researcher Virgil Griffith has been released to parents’ home in Alabama on a $1 million bail

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Price Analysis Dec 30: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ

Bitcoin appears to be settling into a tight range and the completion of the most recent relief rally has traders wondering when bulls will regain momentum

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Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail

Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole time. On Dec. 26, SDNY Magistrate Judge Barbara Moses refused Griffith’s […]