Over 500 BTC Belonging to Iranians Seized by US Government: Report
According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U.S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status of cryptocurrency. Also read: Yahoo! Japan Confirms … Read more
EU Parliament Study: Central Bank Digital Currencies ‘Will Reshape Competition’ in Crypto Market
A study issued by the European Parliament Committee on Economic and Monetary Affairs suggest that gov’t issued cryptocurrencies could be a “remedy” for a lack of competition policy in the crypto sector Go to Source Powered by WPeMatico
HashFlare Offers Clients No Alternatives for Suspended Bitcoin Cloud Mining Contracts
Cryptocurrency companies active in the world of cloud mining always face an uphill struggle. It is evident things are not looking all that great as of right now. HashFlare, one of the bigger cloud mining providers as of right now, has confirmed that it will not resume Bitcoin mining for the time being. HashFlare Calls … Read more
Asian Asset Manager Focusing on Family Offices to Launch Crypto-Custody Solution
Asia-based asset manager focusing on family offices reveals plans to launch crypto-custody service in Hong Kong Go to Source Powered by WPeMatico
Costa Rican Workers Can Be Legally Paid in Cryptocurrency
Employees in Costa Rica can receive part of their salary in cryptocurrency and that wouldn’t be against the law. Certain provisions in the national legislation allow companies to pay their workers not only with fiat money but also with goods, and some legal experts believe cryptos can fit in this category. Besides, Costa Rican laws … Read more
Rumors Regarding Ethereum Developers Accepting EIP-999 Are False
The Ethereum community has never shown any favor toward the EIP-999 proposal. This proposal was made to bail out Parity after losing $250 million due to a smart contract bug. Ethereum community members clearly rejected this proposal, yet some people are claiming it will still be implemented. EIP-999 Is Not Happening Ever since Parity’s smart … Read more
Bank of Canada Study Finds Double Spending in Blockchain is ‘Unrealistic’
A Bank of Canada study finds that a “dishonest” miner is unlikely to cheat by double spending due to a need for “deep pockets” Go to Source Powered by WPeMatico
What Is Guarda?
There has been a growing demand among cryptocurrency enthusiasts for wallet solutions which support multiple currencies. Guarda may become a big player in this regard, as it offers quite a bit of functionality. It supports plenty of currencies and tokens, and goes well beyond traditional wallet services. The Guarda Wallet Service Over the years, web-based … Read more
Some Crypto-Mining Operations Are Not What They Say They Are
Bitcoin and cryptocurrency mining has become a very competitive industry, and the amount of processing power hashing away to mine these digital assets is truly amazing. However over the years since the inception of GPU and ASIC mining, essentially when home mining turned into an industry, the cryptocurrency mining space has been riddled with fraudulent … Read more
