Debate Ensues After 68% of BCH Hashrate Mined by Stealth Miners
2019 was known for the growing trend of stealth miners mining on the BTC and BCH network. On Dec. 30, data shows that 68% of the Bitcoin Cash network’s hashrate is being mined by mystery miners. As the year comes to an end, the large number of unknown BCH hashrate has attracted scrutiny. Also Read: Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail 68% of the BCH Hashrate Was Recently Processed by Unknown...
South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles Hit With Backdated Tax on Crypto Trades Bithumb to Challenge the Move Which Lacks Legal Grounds In what has been described by Korean media...
Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail
U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole time. On Dec. 26, SDNY Magistrate Judge Barbara Moses refused Griffith’s bail plea citing that he might be a flight risk. Following...
Wazirx CEO on 2020 Outlook, RBI Ban, Crypto Regulation for India
The Indian crypto community has had an eventful year, with a bill on the horizon, the RBI ban’s supreme court hearing, and the community’s efforts toward positive crypto regulation. News.Bitcoin.com interviewed Nischal Shetty, CEO of local crypto exchange Wazirx, about what the Indian crypto industry could expect in the year 2020 and a wide range of other crypto topics. Also read: Regulatory Roundup – New US Crypto...
RUON.AI Announces Patents and Successful Upload Of SovereignSky Space Blockchain
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. LONDON, Dec, 2019 – Within just a decade, mankind will be well on the way to ending extreme world poverty. A new, encrypted Wi-Fi network will connect people on Earth. And a near...
