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Swiss regulator FINMA has launched enforcement proceedings against crypto mining firm Envion AG for its potentially unauthorized token sale in Dec. 2017-Jan. 2018 Go to Source Powered by WPeMatico
Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). Also read: Coinbase Flexes Muscle, Creates Political Action Committee … Read more
Vietnam’s securities watchdog has required local businesses not to engage in transactions with cryptocurrencies. The announcement follows a directive issued by the country’s prime minister earlier this year aimed at tightening what Vietnamese regulators call the management of crypto activities. Also read: China Releases Ranking of 31 Crypto Projects Securities Watchdog Asks Companies to Obey … Read more
Bitmain announce its policy approach to improve shipping and mining processes and provide a “fair and transparent cryptocurrency ecosystem” Go to Source Powered by WPeMatico
Chinese bitcoin mining giant Bitmain has revealed the total hashrate of all its cryptocurrency mining hardware. This was done as part of a larger push towards greater business transparency by the company ahead of its rumored massive IPO. Also Read: The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million Bitmain Transparency Policy Bitmain … Read more
The CEO of Russian payments company Qiwi has claimed that one of his former employees used the company’s equipment to mine 500K bitcoins back in 2011 Go to Source Powered by WPeMatico
Cryptocurrency cloud mining service HashFlare has halted mining services on current SHA-256 contracts due to difficulties with generating profits Go to Source Powered by WPeMatico
Electronics titan Samsung has announced that its Baltic stores now accept multiple cryptocurrencies as a means of payment via the blockchain-based CopPay platform Go to Source Powered by WPeMatico
In today’s Bitcoin in Brief, Belarus, which legalized crypto activities this spring, is now turning its attention to adopting standards for companies operating crypto exchanges and issuing tokens. We’ve covered the decision of the Russian payment provider Qiwi to motivate its employees with tokens. The Daily also features crypto news from China and Canada. Also … Read more
Global semiconductor manufacturer TSMC has agained lowered its annual revenue forecast due to slowing demand from cryptocurrency miners Go to Source Powered by WPeMatico
