Enacting such legislation effectively could be a major challenge, however. Responding to numerous 51% attacks on the Ethereum Classic blockchain, ETC Labs said that it’s time to bring regulation to hashpower rental marketplaces, citing the fact that at least two of the attacks were perpetrated by renting hash power through NiceHash — a claim that […]
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An anti-thesis to some of industry’s core concepts. Morgan Housel, partner at venture capital firm Collaborative Fund, said the government actually can control people’s digital assets. In a recent podcast episode with Morgan Creek Digital co-founder Anthony Pompliano, Housel mentioned that some arguments in favor of crypto are illogical. “The idea that the government cannot […]
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When it comes to transparency, the Electric Frontier Foundation minces no words — Kraken good, Coinbase bad. The Electronic Frontier Foundation, or EFF, is calling out Coinbase for its lack of transparency. At the same time, the group pointed to Coinbase’s rival exchange, Kraken, as an example of responsible behavior. The EFF was founded in […]
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A U.S. circuit court has concluded its review of a terrorism financing case that begin in 2010, saying that the NSA’s phone tapping was illegal but that it was a minor part of the evidence. In the final decision on a criminal case that began a decade ago, an appellate court has said that the […]
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Discussing a use case that the Brazilian government started developing last year: a digital identity solution called FinID. Imagine if it were possible for your identity to be available at any time, where third parties could only access it with your consent. The discourse that everyone has the right to own their digital identity has […]
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This book takes an in depth look at some of the biggest financial bubbles in history: their causes, their commonalities, their effects, even their occasional benefits. But is it an essential read for the cryptocurrency fan? Bitcoin has long had to deal with accusations of bubbledom being levelled at it, although it can hardly protest. […]
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A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining. According to the Digital Development Minister of Kazakhstan, Bagdat Mussin, the country is in negotiations regarding investments in its cryptocurrency mining sector amounting to 300 billion tenges ($714 million). Earlier in June, another Kazakh minister, while […]
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‘Uptake of privacy features and assets has been slow,’ the report stated. The overwhelming majority of crypto transactions do not include privacy tokens, with most traders choosing to move funds transparently rather than privately. According to crypto analytics firm Coin Metrics’ Sept. 1 State of the Network report, the combined daily transactions of three privacy […]
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The nation’s money printer continues to go “Brrr”. Amid a year that has been anything but normal, the United States’ Federal Reserve, or the Fed, has collected an impressive number of financial assets. “The Fed now owns a total of 22,913 different securities according to Bloomberg,” said the twitter account for the Zero Hedge financial […]
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That will be confusing for some, and unsurprising for others. A recent memorandum from the U.S.’ tax authority, the Internal Revenue Service, or IRS, attempted to clarify taxation rules around receiving crypto assets as payment. “Is convertible virtual currency received by an individual for performing a microtask through a crowdsourcing or similar platform taxable income?” […]
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