Monthly Archives: March 2018

South Korean Government Bans Officials From Crypto Holding And Trading

The government of South Korea has banned public officials from holding and trading cryptocurrencies under civil servants conduct law. The South Korean government has banned its own officials from holding and trading cryptocurrency, which is considered to be ‘the first time the government has formulated a virtual currency ban for all public officials,” Maeil Business reported on March 1.   According to Maeil Business, the Ministry of Personnel Management issued a document entitled “Virtual currency holdings and transaction-related information for civil servants” stating that officials who are […]

More info

Son Of Wu-Tang Clan’s ODB To Launch Own Coin Via ICO To Support Music, Brand

The son of a late member of the Wu-Tang Clan will issue his own ICO, Dirty Coin, to support music projects and other ventures. Hip Hop artist Young Dirty Bastard, the son of late rapper and producer Ol’ Dirty Bastard of the Wu-Tang Clan, is launching his own cryptocurrency in an Initial Coin Offering (ICO), he announced in an interview with Yahoo Finance Tuesday, March 6. Bar-Sun Unique Jones, originally from Brooklyn and better known by his stage name Young Dirty Bastard, claimed in the interview that […]

More info

Québec Premier: We’re Not Really Interested in Bitcoin Mining

Québec, Canada has recently been thought to be a bitcoin mining boom town, as more data centers set up there to take advantage of relatively cold climes and low cost electricity. Not everyone is happy about it, especially the local government who fail to see why decentralized, invisible, magic internet money is worth anything at all. Also read: Highly Organized Crime Blamed for $2mil Bitcoin Mining Burglaries Québec Government Pushes Back on Bitcoin Mining Craze Québec currently boasts over 40 data centers, using roughly 350 megawatts. In just […]

More info

“Cryptocurrency,” “Blockchain” and “ICO” Make Their Merriam-Webster Dictionary Debut

Anyone needing an established definition for “cryptocurrency,” “blockchain” or “ICO” now has a trusted resource: the Merriam-Webster Dictionary. On March 5, 2018, Merriam-Webster announced the addition of 850 new words, phrases and new meanings for existing words to merriam-webster.com and to the Merriam-Webster’s Collegiate Dictionary print edition. Oh hey. Cool news. 🎉🌟 We added 850 new words to the dictionary! 🎉🌟https://t.co/eyYWKHKzk7 — Merriam-Webster (@MerriamWebster) March 5, 2018 Interestingly for cryptocurrency enthusiasts, out of all 850 new words and phrases such as “dumpster fire,” “glamping,” “welp,” and “life […]

More info

EU’s Proposed Digital Tax Doesn’t Apply to Fintech Activities: Expert Take

The temporary cross-border tax of one to five percent would apply to digital transactions of companies with revenues above 750 mln euros In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to a.mcqueen@cointelegraph.com The topic of cryptocurrency/ICO […]

More info

Grayscale Launches Crypto Investment Trusts for BCH, ETH, XRP, and LTC

Grayscale Investments has announced the launch of four new single-asset cryptocurrency investment trusts for bitcoin cash, ether, litecoin, and ripple. The company already manages three other single-asset crypto trusts for bitcoin, ethereum classic, and zcash, in addition to a recently-launched crypto large-cap fund. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Grayscale’s Four New Crypto Trusts Grayscale Investments announced on Tuesday the launch of four new investment products: Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust, and XRP Investment Trust. Michael Sonnenshein, […]

More info

Halong Mining DragonMint B29 Blake256 ASIC Miner for Decred (DCR)

Out of the blue Halong Mining have just announced a new ASIc miner called DragonMint B29 designed for the Blake256 algorithm supporting Decred (and other Blake256 coins?). The new ASIC should be capable of delivering 2.1 THS Blake256 hashrate with just 900 Watt power consumption. The not so great thing about this new miner however is the price of $10499 USD, even with included power supply and free shipping it is pretty expensive. The DragonMint B29 Blake256 ASIC miners should start shipping March 22-30 according to the […]

More info

Russia: Blockchain Will Be Used To Protect 2018 Presidential Exit Poll Data

Exit poll data from the forthcoming Russian presidential elections this month will get Blockchain protection, polling center announces A Russian polling research center will use Blockchain to monitor exit poll results for its 2018 presidential elections held later this month, an official press release announced Monday, March 5. According to the release, the country’s Public Opinion Research Center (VTSIOM) has partnered with local startup 2chain, which reportedly specializes in smart technology and ICO marketing consulting. The move marks one of the world’s first implementations of Blockchain in […]

More info

Russia Drafts Law to Criminalize the Use of Cryptocurrencies as Money

The Russian Ministry of Finance is drafting a law to criminalize the use of cryptocurrencies as money substitutes. The Bank of Russia and the finance ministry have previously opposed the use of cryptocurrency in this way, citing that only rubles can be used for payments of goods and services in Russia. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Money Surrogate Bill The Russian Ministry of Finance proposed last week to “criminalize the turnover of money surrogates,” including cryptocurrencies, Interfax reported. Deputy Finance Minister Alexei […]

More info

What Does Overstock See in the Digital Bank of Westeros, Ravencoin?

Overstock have a knack of backing a good horse, but will their decision to invest in Ravencoin pay off. The little-known Blockchain project, Ravencoin, has been thrust into the limelight with Overstock.com CEO Patrick Byrne mentioning that his company had invested “millions of dollars” into the “use case specific Blockchain focusing on the transfer of assets.” Ravencoin’s opening line on a blogpost from Nov. 1 opens with a line referencing the popular HBO series Game of Thrones: “In the fictional world of Westeros, ravens are used as […]

More info
1 2 3 10