At the end of the G-20 summit on Saturday in Buenos Aires, the heads of the participating countries signed a final declaration, which, in particular, noted the need to regulate cryptocurrency and create a unified tax system for digital assets. Declaración de Líderes del # G20Argentina (inglés) – # G20 Leaders' Declaration https://t.co/UHzrbEL9jv # G20Summit2018 – G20 Argentina ?? (@ g20org) December 1, 2018 In a signed declaration, the G20 leaders agreed on the need to reform the World Trade Organization (WTO), and also confirmed their commitment to use all political means to achieve economic growth. Separately, you should pay…
Author: BlockchainJournal
BitTrade cryptocurrency exchange announced the closure of its trading platform and the upcoming restart of the Huobi Group, writes Bitcoin.com . This step was taken after Huobi Japan Holding Ltd, a subsidiary of the Huobi Group, announced the purchase of a controlling stake in BitTrade, one of sixteen officially regulated Japanese exchanges, in September. Huobi itself suspended work in Japan in June of this year, because it was not registered in accordance with the requirements of regulators. It is also reported that BitTrade ceases to cooperate with the former supplier of trading infrastructure Bitbank Corp. According to the exchange, it…
Munich-based investment firm Xolaris has announced the launch of a private fund for direct investment in the Bitcoin mining business in Europe. Additionally, the company plans to open another fund in the Asian region, writes CCN . The first project is designed for four years, and for its implementation Xolaris hopes to attract 30 million euros with a minimum investment of 250,000 euros. The foundation is a joint venture with Mark Shter, who owns a mining farm of 2,000 supercomputers in Sweden. Part of the funds raised Xolaris plans to direct the expansion of the data center. “Professional investors continue…
Wall Street veteran and owner of the Keiser Report, Max Keizer, told why he was not thrilled with the fall in Bitcoin prices, why he was not interested in ICO, and why Bitcoin outlive people, Bitcoinist writes. Bitcoinist : Since our previous interview in April, bitcoin has dropped quite a bit in price, the pre-2018 year ends with a bad result. What is the reason for this fall? Bitcoin protocol is something brilliant, the more you realize it, the more clarity you achieve. From this position I will answer your questions. The price of Bitcoin ahead of itself, and now…
The Estonian Ministry of Finance will soon amend the recently adopted Law on Combating Money Laundering and the Financing of Terrorism, which will also be aimed at tightening regulation of the cryptocurrency industry. It is reported by the Cointelegraph , citing local media. The new version of the law came into force this week and, as noted, complies with the principles of the Fourth EU directive on the prevention of money laundering. Previously, its provisions included “payment service providers using alternative payment mechanisms,” but now they will be expanded to “virtual currency exchange service providers” and “virtual currency payment service…
The participants of the cryptocurrency space know the term Airdrop well , this is an opportunity to get free tokens , some of which may be promising, Coindoo writes. Let's see which airdrop of blockchain projects, conducted in December, deserve our attention. Storm (STORM) – December 07, 2018 Storm is an exciting project on the blockchain, which aims to receive remuneration in cryptocurrencies, for which it is necessary to perform various tasks. In other words, Storm aims to become one of the global markets for gaming tasks. The more tasks the user performs, the more he earns. The platform works…
The United States Patent and Trademark Office issued a patent to Intel, which describes a processor that is said to be capable of “high-performance bitcoin mining with low power consumption”. It is suitable for use with the SHA-256 algorithm, which is used by Bitcoin and some other cryptocurrencies. An overview of the patent leads CoinDesk . According to the patent, Bitcoin miners may receive a reward for the production of the unit and transaction fees. However, bitcoin mining devices usually require hardware accelerators in the form of ASIC devices that consume a lot of electricity. These hardware accelerators are needed…
Investment and research company CoinShares presented a report “Bitcoin mining – trends, marginal costs, energy and resource consumption”, which states that most companies use energy from renewable sources for cryptocurrency mining. In the context of Bitcoin mining, the company analyzed the geographical distribution of mining companies, energy efficiency and associated resources. In addition, the document describes trends associated with hashrate, marginal cost, equipment cost and its effectiveness. The CoinShares report begins with a statement of fact that in the second half of this year, several new-generation miner models appeared on the market. They have much higher efficiency and computing power,…
The Supervisory Board of the Belarusian High-Tech Park (HTP) approved the regulations relating to the activities of its residents using “digital signs”. They are coordinated with the National Bank of Belarus and the Financial Action Task Force on Money Laundering (FATF) – and establish general regulations for HTP residents, frameworks for ICO organizers, requirements for cryptocurrency operators and cryptocurrency exchanges , as well as internal controls. Thus, according to the package of documents, the authorized capital of ICO operators should be at least 500 thousand Belarusian rubles, and cryptoplatforms should not be less than 2 million Belarusian rubles. At the…
has been detected Researchers at the Israeli firm Check Point Software Technologies claim that they have discovered a new kind of hidden miner who is able to "develop." This is reported on the company's website . This program was discovered about six months ago and then the main function of the malware was only the extraction of Monero cryptocurrency. However, over time, the miner "learned" to find older versions of the program on the victim's computer, replacing them with the current ones. This approach, experts believe Check Point, avoids the detection of antivirus software. "This malware constantly adds new properties…