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Russian Deputy Prime Minister: Draft Crypto Legislation Won’t Be ‘Significantly’ Edited

December 12, 2018cashtechnews

Russia’s cryptocurrency legislation draft won’t be dramatically changed, according to deputy prime minister Maxim Akimov. Maxim Akimov, the deputy prime minister of Russia, announced that the authors of Russia’s draft cryptocurrency legislation were not planning on making any changes to the bill. His statement was reported by Russian information agency Finmarket, which specializing on the […]

Denmark Targets 2,700 Bitcoin Traders for Tax Payments After Tip-Off From Finland

December 12, 2018cashtechnews

Danish authorities are going after those who traded Bitcoin for profit but did not yet declare the extra income. Denmark’s tax agency (Skattestyrelsen) has confirmed it is “identifying” 2,700 individuals it says owe taxes on Bitcoin (BTC) gains, according to a Dec. 12 press release. According to Skattestyrelsen, the Danish citizens bought and sold Bitcoin […]

OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker

December 12, 2018cashtechnews

Major crypto exchange OKEx announced it will list Bitcoin Cash ABC under the original Bitcoin Cash ticker, BCH. The Malta-based cryptocurrency exchange OKEx announced that it will list Bitcoin Cash ABC under the original Bitcoin Cash ticker BCH, according to an official statement Dec. 11. According to the announcement, the sixth largest crypto exchange will […]

British Crypto Exchange CEX.IO Now Requires Identity Info From Users

December 11, 2018cashtechnews

London-based crypto exchange CEX.IO has started requiring its users to disclose their identities to purportedly comply with international laws. United Kingdom-based cryptocurrency exchange CEX.IO now requires its users to disclose their identities, financial trading news outlet Finance Magnates reported Dec. 11. Established in 2013, CEX is a London-based cryptocurrency trading platform, initially started as a […]

Vitalik Buterin: Proof-of-Stake, Sharding to Make Blockchains ‘1,000x’ More Efficient

December 11, 2018cashtechnews

Ethereum co-founder Vitalik Buterin tweeted that proof-of-stake blockchains with sharding will be “thousands of times” more efficient in the future. Ethereum (ETH) co-founder Vitalik Buterin declared that future blockchains with sharding based on proof-of-stake (PoS) will be “thousands of times more efficient,” in a lengthy Twitter thread Dec. 10. In the long series of tweets, […]

Bitcoin Dips Below $3,400 as Market Volatility Continues

December 11, 2018cashtechnews

Bitcoin’s volatility continues, the coin dropping below $3,400 soon after challenging $3,700. Tuesday, Dec. 11: crypto markets have continued moving in a downward trend after challenging a recovery attempt on Sunday, Dec. 9. Almost all of the top 20 coins have seen losses over the 24-hour period, with Bitcoin SV (BSV) down the most, seeing […]

Just Two ASIC Bitcoin Mining Rigs Remain Profitable in Current Markets

December 11, 2018cashtechnews

Amid the cryptocurrency market crash, even the newest ASIC crypto mining rigs are struggling to seal profits for their operators. Amid the cryptocurrency market crash, even the newest crypto mining machines are struggling to seal profits for their operators, according to real-time data published by mining profitability data site ASICMinerValue.com (AMV) today, Dec. 11. AMV […]

Markets Fail to Hold Yesterday’s Gains, Bitcoin Trades Below $3,500

December 10, 2018cashtechnews

Crypto markets have failed to hold on to gains from Dec. 9, with Bitcoin trading below $3,500 again. Monday, Dec. 10: Crypto markets have failed to hold another recovery attempt, with nearly all top 20 coins by market capitalization in the red as of press time. After a slight bump yesterday, Dec. 9, with Bitcoin […]

Bitmain Closes Israeli Blockchain Development Center Citing Crypto Market Conditions

December 10, 2018cashtechnews

Chinese mining giant Bitmain will close its Israeli blockchain and AI development center, letting its 23 local employees go. Chinese crypto mining giant Bitmain is closing its development center in Israel and firing local employees, Israeli business news outlet Globes has learned Monday, Dec. 10. Bitmaintech Israel — founded in 2016 to explore the use […]

South Korean Startup Presto to File Constitutional Appeal Against Local ICO Ban

December 9, 2018cashtechnews

A South Korean blockchain startup has announced its intention to file a constitutional appeal against the country’s ICO ban. A South Korean blockchain startup, Presto, will reportedly file a constitutional appeal over the county’s ban on Initial Coin Offerings (ICOs), South Korean economic media outlet Sedaily reports Dec. 6. Presto claims on its website that […]

Tag: mining

Russian Deputy Prime Minister: Draft Crypto Legislation Won’t Be ‘Significantly’ Edited

Denmark Targets 2,700 Bitcoin Traders for Tax Payments After Tip-Off From Finland

OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker

Vitalik Buterin: Proof-of-Stake, Sharding to Make Blockchains ‘1,000x’ More Efficient

Bitcoin Dips Below $3,400 as Market Volatility Continues

Just Two ASIC Bitcoin Mining Rigs Remain Profitable in Current Markets

Markets Fail to Hold Yesterday’s Gains, Bitcoin Trades Below $3,500

Bitmain Closes Israeli Blockchain Development Center Citing Crypto Market Conditions

South Korean Startup Presto to File Constitutional Appeal Against Local ICO Ban

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