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Crypto Taxation Around the Globe — What Do Regulations Look Like?

Crypto Map Upon its inception, Bitcoin was envisioned as a borderless currency that could be used by its owners without being affected by the regulatory impositions of any centralized agency or government body. And while this idea in itself is quite grand, the fact of the matter is that today&#039..

Cryptojacking Code Found in Eleven Open Libraries, Thousands Infected

News A Cryptojacking code was found in 11 open-source code libraries written in Ruby, which have been downloaded thousands of times. Industry news outlet Decrypt reported on Aug. 21 that cryptojacking code has been added to 11 open-source Ruby libraries distributed on the RubyGems platform. Per th..

Ukraine: Crypto Miners Arrested for Compromising Nuclear Plant Security

News The Security Service of Ukraine (SBU) has arrested power plant operators for mining cryptocurrency in the Yuzhoukrainsk nuclear power plant facility. English-language Ukrainian news site UNIAN reported the details of the arrest on Aug. 21. According to the report, the crypto miners compromis..

High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently..

Max Keiser: New Bitcoin Network Hash Rate High Suggests Price Is Next

News The Bitcoin (BTC) hash rate has broken yet another new all-time high, according to Aug. 19 data from monitoring resource Blockchain.com. The top coin’s hash rate has continued to break previous records throughout summer, today hitting an whopping 82.5 TH/s.Bitcoin network hash rate, 1-year ..

Crypto Regulation Outlook in 2019 — What Is the Global Scenario?

Crypto Map As the global investor community starts to become increasingly aware of what crypto has to offer, it appears as though this burgeoning asset class is becoming more and more accepted. This is probably best highlighted by the fact that after experiencing bearish conditions all through 201..

Nvidia Pulls Through Crypto Winter — Quarterly Earnings Rise 16%

News Major global chipmaker Nvidia, popular with cryptocurrency miners, has outstripped analysts’ expectations with its latest set of quarterly financials. The firm’s Second Quarter Fiscal 2020, published on Aug. 16, revealed $2.58 billion in revenue at earnings of $1.24 per share — as compared wi..

Crypto Mining Company CoinMine Secures $2.5 Million in Seed Round

News Cryptocurrency mining company CoinMine has received a fresh injection of funds from a $2.5 million seed round led by the investment company M13. Coinmine announced the successful fundraiser in an official blog post on Aug. 15. As part of the announcement, Coinmine said it will continue to sup..

Malaysia’s Electric Utility Says Bitcoin Miners Stole $25M in Power

News Malaysian power utility firm Tenaga Nasional Bhd (TNB) is tightening measures in a bid to stem the millions lost to electricity theft by Bitcoin (BTC) miners. According to an Aug. 15 report from EdgeProp, tampered electricity distribution boards used in local Bitcoin mining operations have co..

Researchers Find Monero Mining Malware That Hides From Task Manager

News Cybersecurity company Varonis has discovered a new cryptojacking virus, dubbed “Norman,” that aims to mine the cryptocurrency Monero (XMR) and evade detection. Varonis published a report about Norman on Aug.14. According to the report, Varonis found Norman as one of many cryptojacking viruse..

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