Law enforcement authorities detained the former hockey player of the Slovak “Slovan” Igor Musatov in Moscow. He was on the federal wanted list for a $ 800,000 Bitcoin fraud case, TASS reports citing informed sources. According to the investigation, in early 2018, Musatov agreed to sell bitcoins for $ 800 thousand (at that time 45.3 million rubles) to entrepreneur Abelyan […]
Author: BlockchainJournal
The gas limit in the Ethereum network was first surpassed by 8.1 million with the support of 50% of miners. Almost exactly 50% of miners are upvoting the gas limit right now; it just broke 8.1 million for the first time. pic.twitter.com/jn5jPg7dgs – Vitalik Non-giver of Ether (@VitalikButerin) September 15, 2019 Mining pools Spark Pool, F2Pool and Ethermine supported the growth of the limit by voting, […]
Regulators of the Chinese Autonomous Republic of Inner Mongolia require the cessation of the activities of all enterprises whose activities are associated with crypto mining. According to ChainNews, representatives of the five departments of Inner Mongolia decided that there was a need to eliminate enterprises that are mining in the province. The position of regulators boils down to the fact that an industry where there is such a thing as mining virtual currency is a “pseudo-financial innovation” that has nothing to do with the real economy, and therefore it should not be supported. China's normative approach to crypto mining is…
The large coalition, which includes factions of the Christian Democratic Union and the Social Democratic Party, is ready to prevent the cryptocurrency project Libra from being launched in Germany. Its approval will block the introduction of private stablecoins in Germany. This was announced by Bundestag deputy Thomas Halman, who is responsible for the development of the document. “Central banks coped well with inflation and crises. The dominance of digital currency providers in the market will only complicate the situation. ” The German government does not exclude the possibility of creating the Bundes-Chain blockchain and its own cryptocurrency . It is…
Against the background of the volatility of many cryptocurrencies, crypto enthusiasts are wondering if it is still possible to profit from cryptocurrency mining . Most profitable mining mechanisms involve enormous costs, including wholesale purchases of equipment and electricity, maintaining the operation of the cooling system and ASIC devices. The best option for cryptocurrency mining for 2019 is cloud mining , as it provides maximum profitability at any level of starting investments and does not require any technical knowledge from the user. Rating of reliable cloud mining services, see this review . And in this material, we will consider cryptocurrency mining…
The hacker stole 30,000 EOS ($ 110,000) thanks to a bug in the decentralized EOSPlay application. The cost of the attack was just over 300 EOS ($ 1000), reports CryptoSlate. The attacker involved the DeFi service EOS REX, which allows leasing network resources (RAM, CPU) from other users. The hacker filled the blocks with his transactions, ensuring a constant victory in EOSPlay. The incident has already commented on CTO startup Block.one […]
According to a recent study by the MarketsandMarkets analytic and research platform, by 2024, the aggregate annual growth rate of the blockchain- enabled device market will reach 42.5%. On September 12, MarketsandMarkets published a report entitled “Market for devices with blockchain support by category (smartphones with blockchain, crypto-hardware wallets, crypto-ATMs, POS devices and others), connectivity options (wired and wireless), applications (personal and corporate) and geography. Global Forecast until 2024. " The company suggests that in the coming years the growth in the blockchain device market will reach 42.5% and that in 2024 the market will grow to $ 1,285 million.…
Square's cryptocurrency division was the first sponsor of the BTCPay Server Foundation. The organization, founded by the processing of the same name, is focused on supporting its developers. ? Announcing the BTCPay Server Foundation and our first grant from @ sqcrypto.?https: //t.co/jRxNqGe3SF Business? Want to help us make a difference? Get in touch?? https://t.co/qvyjRnWcuP – BTCPay Server (@BtcpayServer) September 14, 2019 All funds will go to development […]
The authorities of Inner Mongolia decided to limit cryptocurrency mining in the territory of this autonomous region of the PRC. This is reported by managing partner of Primitive Ventures Dovi Wang, citing local media. JUST IN h / t @ChainNewscom Regulatory bodies from Inner Mongolia will dedicate resources in restricting cryptocurrency mining within the province Xinjiang and Inner Mongolia are where most coal […]
The head of the nonprofit organization behind the development of the Facebook cryptocurrency initiative said that, despite all the barriers, they do not intend to deviate from the plan to launch a payment instrument. In a conversation with the French publication Les Echos, Libra Association Chairman Bertrand Pérez said that stablecoin should be launched in the second half of 2020. Perez's statement came almost simultaneously with the threat of the French finance minister to ban the development of the Facebook Libra project in Europe. However, the Director General of the Libra Association is confident that the project will be implemented…