Digital Currency

Korean Government Launches Investigation into Crypto Hacks

3 days ago admin2 0
Regulation Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that Read More

EOS Decentralization Questioned as Block Producers Freeze Accounts

4 days ago admin2 0
News On June 17, 2018, the 21 block producers or nodes that run the EOS network chose to freeze seven accounts that were allegedly stolen from EOS community members. According to reports, all 21 block producers unanimously decided to freeze the compromised assets but the decision was met with controversy from the EOS community, and Read More

Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses

1 week ago admin2 0
News Japanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent. They are accused of violating the law banning the use of computer viruses. Some people have already been fined. The police have been monitoring the Coinhive program since Read More

Coinbase Cryptocurrency Index Fund Now Open For Investment

2 weeks ago admin2 0
Finance Coinbase has opened up its index fund for accredited US investors, giving them exposure to all cryptocurrencies listed on its exchange GDAX. The company is now working on “launching more funds which are accessible to all investors and cover a broader range of digital assets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Read More

South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency

2 weeks ago admin2 Comments Off on South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency
Finance The South Korean government is mulling over how to cash out the cryptocurrency it recently confiscated. While the most likely option is to auction the coins off using the government-owned auction platform, various concerns have been raised. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cashing Out BTC The South Korean government is Read More

BTC City – Slovenia’s Largest Shopping Center to Become a ‘Genuine Bitcoin City’

3 weeks ago admin2 Comments Off on BTC City – Slovenia’s Largest Shopping Center to Become a ‘Genuine Bitcoin City’
News Slovenia’s largest shopping destination is implementing strategies to become a “genuine Bitcoin City.” Coincidentally named BTC City already, the complex stretches 475,000 square meters and is filled with 500 retail stores. It was recently visited by the country’s prime minister who got acquainted with its bitcoin strategy. During his visit, the state secretary bought Read More

331 High-Income Traders Declared Crypto Profits in Japan

4 weeks ago admin2 Comments Off on 331 High-Income Traders Declared Crypto Profits in Japan
Taxes The Japanese tax authority has for the first time revealed the number of high-income taxpayers who declared cryptocurrency profits in the year 2017. Out of the total number of taxpayers with miscellaneous income of 100 million yen or more, excluding public pension, 60% of them reported income from crypto transactions. Also read: Yahoo! Japan Confirms Read More

Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6

1 month ago admin2 Comments Off on Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6
Mining Japan’s GMO Internet announced that it will unveil its flagship bitcoin mining machine, called GMO miner B2, equipped with the 7nm chips on June 6. Interested customers can register now for the upcoming information session. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Launching on June 6 The wait for 7nm bitcoin mining Read More

Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries

1 month ago admin2 Comments Off on Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries
Exchanges A Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first Read More