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MEDIA: EBAY PLANS TO ACCEPT CRYPTOCURRENCIES There are more rumors in the media that the world’s largest online auction service, eBay, plans to accept cryptocurrency payments. The fact that eBay is going to become a participant in the cryptocurrency market is indicated…
LARGE US CHAIN STORES WILL START ACCEPTING CRYPTOCURRENCY FOR PAYMENT Several large US chain stores, including Amazon’s Whole Foods food chain, announced the imminent availability of payment for goods with cryptocurrencies. It is reported that, in addition to Whole Foods, cryptocurrency will…
THE US TOKEN TAXONOMY ACT WILL NOT TAX TRANSACTIONS FOR LESS THAN $ 600 The Token Taxonomy Act (TTA) implies tax exemption for cryptocurrency transactions of less than $600, Jerry Brito said. Speaking at the Consensus conference, the director of the non-commercial…
CRYPTOCURRENCY INVESTOR WON $75 MILLION IN THE CASE OF COUNTERFEIT SIM-CARDS American investor Michael Terpin won the case against Nicholas Truglia, who allegedly stole his crypto assets. Last week, the California Supreme court ordered Manhattan resident Nicholas Truglia to pay investor Michael…
VENEZUELA WILL LAUNCH AN APPLICATION TO EXCHANGE CRYPTOCURRENCY FOR FIAT MONEY The startup Reserve, working on the launch of its own stablecoin, plans to release an application for the exchange of cryptocurrencies for Fiat money in Venezuela and Angola. It is reported…
BINANCE WILL RESUME ACCEPTING DEPOSITS AND WITHDRAWALS THIS WEEK The head of the cryptocurrency exchange Binance, Changpeng Zhao, announced that deposit and withdrawal of funds suspended last week after the hacking of the site will be resumed on Tuesday. “Our team has…
THE ECB PRESIDENT CALLED CRYPTOCURRENCIES “A DUBIOUS INVESTMENT” The President of the European Central Bank (ECB), Mario Draghi, during a meeting with the winners of the Euro Generation award, called cryptocurrencies a risky tool for investment. The Euro Generation award is given…
MINING COMPANY HUT 8 LOST $136 MILLION IN 2018 Canadian mining company Hut 8, at the end of 2018, received an income of about $50 million, but taking into account the costs incurred a total loss of more than $136 million. According…
CHANGPENG ZHAO OFFERED TO RAISE FUNDS TO FIGHT CRAIG WRIGHT’S LEGAL CLAIMS CEO exchange Binance, Chanpen Zhao proposed to run in the charity Fund Binance a separate program for the fight against judicial claims of Craig Wright. The funds raised will be…
CYBERCRIMINALS MINE XMR USING VULNERABILITIES IN OLDER VERSIONS OF CONFLUENCE ATLASSIAN According to the analytical company Trend Micro, cybercriminals use the vulnerability CVE-2019-3396 in the Confluence Atlassian software for hidden mining of monero. The vulnerability could allow cybercriminals to covertly install and…
BITMAIN REDUCED COMPUTING POWER BY 88%. The Chinese mining giant Bitmain has reduced its computing power by almost 88%. According to the company, when mining cryptocurrency using the SHA256 algorithm, the hashrate was 237.29 PH/s. At the same time, in April this…
CRUSOE ENERGY WILL OFFER OIL PRODUCERS TO USE NATURAL GAS SURPLUS FOR MINING CRYPTOCURRENCIES Crusoe Energy Systems has announced the development of mobile modular data centers that can be used for mining cryptocurrencies, consuming the excess gas remaining in oil production. It…
CENTRAL BANK OF THAILAND CREATES A SOLUTION ON THE BLOCKCHAIN AS PART OF THE RELEASE OF ITS OWN DIGITAL CURRENCY The Central Bank of Thailand (BoT) is advancing in the implementation of its own digital currency project and created a prototype solution…
THE COURT ORDERED CRAIG WRIGHT TO PROVIDE A LIST OF HIS BITCOIN ADDRESSES A federal court in the Southern District of Florida ordered Craig Wright to provide a list of his public Bitcoin addresses. Recall that in a lawsuit filed in February…
STEPHEN PALLEY: “CRYPTOCURRENCIES CAN BE EFFECTIVE FOR MICROPAYMENTS” Partner of law firm Anderson Kill Stephen Palley believes that cryptocurrencies can be effective for the implementation of micropayments. As Pally noted, PayPal’s Mass Pay API used to be implemented for mass micropayments, but…
50% OF TRANSACTIONS IN THE BITCOIN CASH NETWORK IN APRIL REFER TO THE SAME ADDRESS Only one address in the Bitcoin Cash network is responsible for half of the transactions carried out during the last month, draws the attention of the user…
THE NUMBER OF MIXED CRYPTOCURRENCY TRANSACTIONS INCREASED BY 300% Mixed cryptocurrency transactions currently account for 4.09% of all Bitcoin payments. According to data published by Longhash, the frequency of using CoinJoin technology, by which random transactions are mixed with each other to…
WASHINGTON STATE RECOGNIZED THE LEGITIMACY OF THE BLOCKCHAIN RECORDS Washington state parliamentarians passed a bill that recognizes and protects the legal status of electronic records that are part of systems built on distributed registry technology. The bill was introduced in January, however…
THE NEXT VERSION OF BITCOIN CORE 0.18.0 IS LAUNCHED On May 2nd, the developers published the next version of the Bitcoin Core full-client 0.18.0. As expected, now full bitcoin nodes running on the new version of Bitcoin Core will be able to interact…
REPORTLINKER: THE MINING EQUIPMENT MARKET WILL GROW IN THE COMING YEARS Research company Reportlinker reports that the market for mining equipment will grow at least until 2023. According to the report, the increase in the number of products for the production of…
