Tag: BTC

A New Bitcoin World

Bitcoin Cash 2-Year Anniversary: Celebrating Protocol Development and Achievements

Today Bitcoin Cash (BCH) fans from all around the world will be celebrating the 2-year anniversary of the BCH network. The day is a great occasion to commemorate the dedicated BCH software engineers and the passionate community, alongside the number of achievements accomplished since August 1, 2017. Also Read: Btc.top CEO Highlights the Benefits and […]

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August 1, 2019 0

10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS

10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRSOn July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August. The news follows the recent IRS […]

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July 27, 2019 0

Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions

Venezuelan Government Accused of Using Bitcoin to Bypass US SanctionsNicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay. Allegedly, Jetman Pay collects airline taxes from travelers who purchase tickets from Maiquetía International Airport and the […]

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July 25, 2019 0

Bitcoin Cash Adoption Continues to Spread in North Queensland and Japan

Bitcoin Cash Adoption Continues to Spread in North Queensland and JapanBCH merchant acceptance has continued to grow month after month but there are a few regions in the world where bitcoin cash retail acceptance is thriving. Over the last few weeks, North Queensland and Japan have shown significant growth and continue to dominate as some of the densest territories of BCH merchant adoption worldwide. Also […]

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July 23, 2019 0

G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra

G7 Agrees on Crypto Action Plan Spurred by Facebook's LibraG7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at Their […]

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July 20, 2019 0

How 10 Countries Respond to Facebook’s Libra Cryptocurrency

How 10 Countries Respond to Facebook’s Libra CryptocurrencyA growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. Also read: G20 Leaders Issue Declaration on Crypto Assets – […]

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July 11, 2019 0

Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners

Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid. Also Read: […]

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June 25, 2019 0

Bitmain Launches Low-Cost Special Edition Antminer S9

Bitmain Launches Low-Cost Special Edition Antminer S9On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original S9. Also read: Report Insists ‘Bitcoin Was […]

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June 18, 2019 0

John McAfee Launches ’Magic’ Crypto Trading Multi-Platform and Debit Card

On June 11, following his latest tirade on social media, John McAfee announced the launch of his new cryptocurrency trading platform called McAfee Magic. The project allows for manual and automated crypto trading across a variety of digital asset exchanges all displayed in one user interface. According to the website, the service is the second […]

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June 13, 2019 0

Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining

Study Shows Publicly Listed Firms in China Quietly Participate in Bitcoin MiningAccording to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these firms have been running undercover mining operations in […]

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May 29, 2019 0