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Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6

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Japan’s GMO Internet announced that it will unveil its flagship bitcoin mining machine, called GMO miner B2, equipped with the 7nm chips on June 6. Interested customers can register now for the upcoming information session. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Launching on June 6 The wait for 7nm bitcoin mining products … Read more

Police Officers in Ukraine Caught Secretly Mining Crypto at Work for Four Months

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Employees of a regional police department in Ukraine were recently caught mining cryptocurrencies using the department’s resources, according to the court document. They had been mining for four months before they got caught and their mining farm seized. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Police Mining Farm Discovered Employees of the National … Read more

Ireland Clarifies Taxation of Crypto Transactions

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The Irish revenue service has published a manual with guidelines aimed at eliminating the uncertainty surrounding the taxation of crypto transactions. Investors and traders of digital coins, businesses working with cryptocurrency and tax advisors, of course, can now find answers to many but not all of their questions. The notice has been issued at a … Read more

Indian Government Considering 18% Retroactive Tax on Crypto Trading, Mining

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The government of India is reportedly considering levying a type of consumption tax on cryptocurrency trading and even mining. The most grievous part of this proposal is that it may also be a retroactive measure, demanding payments for past actions. Also Read: Economics Nobel Laureate Robert Shiller Examines Bitcoin in Historical Context Crypto Sales Tax The … Read more

Verge Struck by Second PoW Attack in as Many Months

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Accident-prone altcoin verge has been crippled by yet another mining attack. A little over a month after being subjected to a 51% attack, the network is once again at the mercy of a malevolent attacker who is rejecting blocks and profiting handsomely off the carnage caused. The repeat attack illustrates the risks faced by low … Read more

New Malicious Monero Miner Crashes Computers When Attempting to Remove it

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It has been a while since cryptocurrency malware was worth paying much attention to. With cryptocurrency mining having become more common, criminals are once again taking notice. WinstarNssmMiner may have a weird name, but it is a very potent cryptocurrency mining malware strain. Attempting to remove it will result in a complete system crash. WinstarNssmMiner Means Business … Read more