The Irish government approved amendments to the law on countering money laundering and terrorist financing, which also contains clauses to tighten oversight of cryptocurrency exchanges and other companies in the bitcoin industry. Reports about it The Irish Times . In general, the document aims to harmonize the local legal framework with the requirements of the EU directives on combating money laundering, as well as to strengthen the regulation of the cryptocurrency market. In particular, the new rules require cryptocurrency companies to conduct thorough verification of their customers. Anonymous transactions will also be prohibited. “Money laundering is a crime. It unleashes…
Author: BlockchainJournal
After a long fall in the past year, 2019 began for cryptocurrency on positive notes, Bitcoin moved to the green zone from the very first days. Ethereum (ETH) also received a powerful bullish impulse, along with other coins began to grow. According to financial analysts, if the pressure on the buyers side continues to grow over the coming weeks, the price of BTC will rise. EToro senior analyst Mati Greenspan said that the market has strong fundamental support as the demand for blockchain technology is constantly growing: “It is best to buy when it is cheap and sell when it…
According to 8btc , citing a Chinese source Odaily, the cryptocurrency exchange Huobi closed a unit in Shenzhen, firing all employees. The Shenzhen division of Huobi was established in October 2016 to research innovative business areas. In particular, Huobi’s “daughter” worked on a tokenized educational project. The latter, however, failed. Odaily reports that initially more than 20 employees worked in the Shenzhen division. Over time, the number of workers dropped to 14, then all of them were fired. The reasons for this decision, the source does not name. One of the Huobi employees told the Chinese edition that employees who…
Vlad Nistor, founder of the Coinflux Romanian Stock Exchange, will be extradited to the United States. This is reported by local media company Mediafax . As previously reported , Nistor was arrested in December at the request of the US authorities. Coinflux bank accounts were frozen. The founder of the exchange is accused of fraudulent activities, participation in organized criminal activities and money laundering. According to Mediafax, the lawyer of the accused Anatol Panzaru protested against extradition, arguing that the conditions for judicial cooperation between Romania and the United States were not met. The lawyer is also confident that Nistor…
Many people know that Bitcoin hashrate is concentrated in the hands of a group of large mining pools, 2 of which belong to the Chinese mining equipment manufacturer Bitmain. More recently, the mining pools owned by the Chinese company Antpool and BTC.com controlled 42% of the hashrate, and therefore the cryptocurrency community was concerned about the present possibility of an attack of 51% . Over the past six months, some changes have occurred in this segment. Antpool and BTC.com now control only 29% of the network's hashrate. This change has been welcomed by the community, because the loss of market…
According to the research company skew, USD Coin (USDC) is becoming more popular than the other steybcocoins that appeared during the past year. USDC is extending the USDT pic.twitter.com/oSZwD9waJB – skew (@skew_markets) 4 січня 2019 р. The stable USDC coin from a startup Circle currently holds the 22nd place in the CoinMarketCap ranking. Its capitalization is $ 294 million . The stable TrueUSD coin ($ 209 million; 28th position in the rating) is not far behind USDC. Last summer, the developers of TUSD raised $ 20 million in a strategic tokensale with the participation of Andreessen Horowitz, BlockTower Capital and…
The popular decentralized game EtherGoo has moved from Ethereum to the Tron blockchain. Top ETH DApp @WorldWarGoo has joined #TRONArcade . Create your Goo empire at https://t.co/iS7XuWw9jI today! Learn more about the game here: https://t.co/nYoJ2okur7 pic.twitter.com/qAMc0QOi4a – TRON Arcade (@TRONArcade) 4 September 2019 p. The news favorably affected the price of Tron (TRX) cryptocurrency, which over the past day has grown by more than 9%: Currently, TRX with a capitalization of almost $ 1.5 billion is the ninth line in the CoinMarketCap rating. At the end of last year, the TRON team announced the launch of a fund for developers…
Ethereum start-up ConsenSys has entered into a partnership with the world-renowned manufacturer of computer chips Advanced Micro Devices (AMD) to create a new cloud computing infrastructure based on blockchain technology. Today, @ConsenSys and @AMD have been approved for high-performance hardware, especially for large corporations and governments. # W3BCLOUD https://t.co/fcfIQijVyy pic.twitter.com/Vq7XMFo9uH – Joseph Lubin (@ethereumJoseph) 4 January 2019 p. The document states that, in conjunction with AMD, a startup is working with the investment firm Halo Holdings from Abu Dhabi on the W3BCLOUD project. The latter is a cloud architecture for decentralized applications. ConsenSys will provide its expertise in blockchain solutions,…
The Ethereum blockchain development team (ETH) has decided to update one of the software platform elements, which will allow the closure of access to cryptocurrency for ASIC miners . The decision was taken during a conference held in an online format with the participation of the leading representatives of the ether ecosystem. The negotiators decided to launch a new ProgPoW solution. If it is integrated into the ETH tokens mining system, then mining will continue to be carried out with minimal influence from ASIC miners, and all work will be done only using traditional equipment of GPU video cards .…
Bitcoin investor and host of the Bitcoin Knowledge podcast Trace Meier reported on problems with a number of platforms amid the Proof of Keys promotion. Added a Failures section to https://t.co/7i8F58PS38 #failures So far, reported failures at: @hitBTC , @PurseIO , @bitfinex , @Poloniex & @coinbase . Anyone else encountered any unusual issues or problems with #ProofOfKeys withdrawals? Please post screenshot proof. Thanks! ? ? pic.twitter.com/npSaV3C1A2 – Trace Mayer [Jan / 3➞₿?np] (@TraceMayer) 3 September 2013 p. According to Mayer, the Failures section appeared on the promotion’s website , where information about failures of various platforms, presumably related to mass…
