Bitmain Invests $500 Million In New Mining Center in US
Bitmain, Chinese manufacturer of mining equipment, confirmed that it is opening a cryptocurrency mining enterprise in the United States. Investments in the data center are estimated at about $500 million.
Blockchain Smartphone Developer says "no" to IOTA and chooses Ethereum
Israeli-based Sirin Labs decided to change its plans for the use of Internet of Things blockchain platform IOTA. Now Sirin Labs' future blockchain smartphone will be launched on Ethereum.
Ukraine Proposes 5% Taxation On Cryptocurrency Exchange Operations
The Ukrainian parliament is preparing a bill proposing to introduce a 5% tax on exchange of cryptocurrency assets in fiat. Additionally, individuals will have to pay another 1.5% of military fees.
Swiss bank UBS: bitcoin is not comparable with fiat
The Swiss financial UBS holding again came out to criticize bitcoin, while acknowledging that in the future bitcoin will be able to replace fiat currencies, but currently bitcoin does not fit this role.
Second largest German stock exchange to launch ICO platform
Stock Exchange of Stuttgart announced its plans to develop and launch special infrastructure for digital assets. A platform for tokensales will be the first stage of this plan.
OTC platforms beats crypto exchanges by trading volume
Trading volume on OTC platforms is several times higher than the volume on cryptocurrency exchanges. Large investors need high liquidity, something that crypto exchanges can not yet brag of.
Russia meets mining boom with overall 75,000 mining farms
The number of mining companies in Russia has grown to 75,000 in 2018. Despite the fall of the cryptocurrency market, Russian entrepreneurs continue to enter mining business.
Bitfinex changes fee tiers in order to attract more institutional-grade traders
Bitfinex, one of the largest cryptocurrency exchanges in the world, decided to decrease trading fees for large-scale traders. It is another step of Bitfinex on the way to become an institutional-grade platform.
Bithumb looses bank support and halts new virtual accounts registration
South Korean cryptocurrency exchange Bithumb failed to renew its contract with the bank to service customers' accounts. Under current legislation, the exchange no longer has the right to open new accounts.
Vitalik Buterin about cryptocurrencies: the bubble almost burst
Ethereum co-founder is sure that the cryptocurrency market is in a bubble stage, but it already started deflated.
Bank transfers on blockchain: rivalry or synergy
The distributed ledger technology is often considered rival of traditional financial systems of bank-to-bank communication.
McAfee raises bounty for hacking his wallet, refutes all malware allegations
John McAfee's cryptocurrency wallet BitFi runs spyware, sending information to Chinese servers. But McAfee refutes all vulnerabilities and accuses researchers of not even holding BitFi in their hands.
Cryptocurrency exchanges customers from US, Russia and China became main targets of hacker attacks
The number of leaks of users' data from cryptocurrency exchanges in 2017 jumped almost fivefold compared to the previous year. Cybercriminals use the same malicious software earlier involved in attacks on banking infrastructure, the research finds.
Cryptocurrencies and private capital management: CINDX platform allows easy and profitable investment in cryptocurrencies
The global market of private capital management is developing exponentially.
Research: phishing accounts for 56% of stolen ICO tokens
The most effective way to steal cryptocurrencies and tokens is phishing, and MyEtherWallet is the leader by phishing copies.
Roger Ver cracks down on Lightning Network calling it “unproven technology”
Eccentric critic of the original bitcoin and supporter of Bitcoin Cash attacked the Lightning Network, which is designed to scale the bitcoin system and accelerate its mass adoption.
