Difficulty readjustment shows Bitcoin network stabilizing itself as mixed price action continues, but miner interest remains as hash rate rises. Bitcoin (BTC) mining difficulty adjusted downwards more than at any time since its 2018 price low on Nov. 8, data shows. As noted by entrepreneur and cryptocurrency commentator Alistair Milne on Monday, difficulty fell by […]
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A U.S.-based lawyer linked with the OneCoin scam allegedly helped Ruja Ignatova, the principal accused in the OneCoin scam, launder over $400 million. With each passing day, the financial nitty-gritty associated with the cryptocurrency-related OneCoin Ponzi scheme continues to become of increasing interest to members of the global crypto community. The U.S. government’s previous estimate […]
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From Cointelegraph Japan: This week’s selected cryptocurrency and blockchain news from Japan. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, the Japanese financial regulator solidifies its policy of banning trusts that invest in crypto, more than 20 companies launch a consortium that aims to raise funds with security tokens, and Coincheck starts […]
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New U.K. crypto tax policy paper: Crypto is an asset and subject to capital gain tax. Only a few weeks after the United States Internal Revenue Service published new guidance for crypto taxation, the United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs, has updated its cryptocurrency taxation policy paper for businesses […]
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“Emerging technologies such as blockchain have the potential to define the war industry over the coming decades,” former NATO Secretary General Rasmussen tells Cointelegraph. When Indian Defense Minister Rajnath Singh said that blockchain and artificial intelligence would “revolutionize war,” as Cointelegraph reported on Nov. 4, did he take things a bit too far? Jet engines […]
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In a post revealing Foodgates, its new blockchain food tracking system, VeChain said it would directly benefit from Chinese pro-blockchain sentiment. Singapore-based blockchain application platform VeChain has unveiled a new blockchain tracking system for the food and beverage industry. In a blog post on Nov. 7, the company confirmed it was working with food certification […]
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Crypto companies will need to comply with FATF regulations by June 2020, but there are still many potential stumbling blocks. For better or for worse, the cryptocurrency space is coming of age. Since Bitcoin’s rise to mainstream prominence in 2015, there has been increasing recognition of digital assets from government agencies around the world. In […]
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Within the decentralized nature of blockchain technology lies a chance to avoid the financial collapse rooted in the concepts of center and power. A central bank’s role is to manage a nation’s currency, money supply and interest rates. The United States did not have a central bank until 1913, when Woodrow Wilson signed the Federal […]
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A senior U.S. federal official argued that Facebook’s Libra highlights the need for the FED to urgently launch its own real-time payments system — FedNow. A senior United States federal official has argued that Facebook’s Libra highlights the need for the Federal Reserve (Fed) to act urgently and launch its own real-time payments system. In […]
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Ethereum Foundation Developer Péter Szilágyi has confirmed Dec. 4 as the launch date for the network’s Istanbul hard fork. Team lead at the Ethereum (ETH) Foundation Péter Szilágyi has confirmed Dec. 4 as the expected date for the network’s forthcoming Istanbul hard fork. In two tweets posted on Nov. 7, Szilágyi indicated that Istanbul will […]
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