Mining pool Simplecoin shuts down as EU tightens regulations
The 5MLD will require Simplecoin to implement and adhere to several anti-money laundering and know-your-customer policies.
Articles By Jacob Rozen:
Bitmain rival MicroBT’s founder arrested on embezzlement charges
Yang Zuoxing, founder and CEO of MicroBT, has been arrested and charged with embezzling nearly $15,000.
Bitmain wants to make onboarding crypto miners easier
Bitmain is launching three new strategies consisting of installment payment, option hedging, and joint mining to help customers begin mining BTC in advance of the halving.
Bitcoin SV growth proves Ethereum is a hobby platform at best
BSV continued its impressive Q4 growth as daily transactions reached 843,000 over the weekend—more than twice the number of transactions on the BTC network and eclipsed ETH's 573,000 transactions.
Shenzhen mining pool Nourpool mines first BSV block
New Shenzhen-based mining pool Nourpool came online as it mined its first block on the BSV network. The 1.3-megabyte block, height #612060, contained 2,485 transactions.
IMF wants Georgia to reform its accounting of crypto industry
The International Monetary Fund has reportedly suggested that Georgia include the income from cryptocurrency-related activities in their annual foreign trade balance reports.
Canadian crypto miner Great North Data files for bankruptcy
After several months of battling local complaints about its operation, noise levels, and lack of job creation, Labrador City-based cryptocurrency mining firm Great North Data has shut down.
BSV daily transactions outperform ETH
According to BitInfoCharts data, the BSV network added over 660,000 transactions to the BSV ledger versus 622,000 for ETH and 326,000 for BTC during the last 24-hour period.
Vertcoin crypto hit with another 51% attack
The crypto project has experienced yet another 51% attack last December 1, which led to five double spends valued at 125 VTC worth approximately $29.
Bitcoin SV outperforms BTC in transactions for November
Thanks in part to the Quasar protocol upgrade, Bitcoin SV surpassed the BTC token in the number of daily transactions in November.
Decentralized exchange CryptoBridge closes amid ‘increasing regulation’
U.S.-based decentralized cryptocurrency exchange CryptoBridge has announced that it is shutting down all of the exchange’s services and services after December 15.
Canadian crypto miner Hut 8 buys 9 data centers from Bitfury
Canada-based Hut 8 Mining Corp announced the addition of nine Blockbox AC data centers to its mining farm in Drumheller, Alberta, making the facility fully operational.