Coingeek: Norway weighs scrapping subsidized electricity prices for block reward miners
Thursday, 13 October 2022 11:00
The Minister of Finance in Norway proposed reverting to the original power prices for BTC miners after the 2016 subsidy as the country faces an energy crisis. [...] Read More... The post Norway weighs scrapping subsidized electricity prices for block reward miners appeared first on CoinGeek.
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Coingeek: Solving double-spending
Thursday, 13 October 2022 07:00
Bitcoin solved the double-spending problem robustly and securely, and it did so by forming a peer-to-peer observer network that is economically incentivized. [...] Read More... The post Solving double-spending appeared first on CoinGeek.
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Coingeek: Joshua Henslee on the state of markets as BSV reaches $5 while other ‘cryptos’ slump
Thursday, 13 October 2022 05:00
Joshua Henslee points out that the true importance of virtual currencies lies in their ability to deliver use-cases, which makes BSV an ideal token while other "cryptos" often offer nothing. [...] Read More... The post Joshua Henslee on the state of markets as BSV reaches $5 while…
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Coingeek: Crypto.com understated layoffs, dismissed at least 40% of its workforce: report
Thursday, 13 October 2022 03:00
The exchange’s strategy of splashing on ads and partnerships backfired as the bear market set in, and it has scaled them down and laid off over 2,000 employees. [...] Read More... The post Crypto.com understated layoffs, dismissed at least 40% of its workforce: report appeared first on…
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Coingeek: Malaysia inks MoU for national blockchain infrastructure
Thursday, 13 October 2022 01:00
Malaysia partnered with Zetrix and MIMOS Technology to develop the blockchain infrastructure that will be open to all levels of the government and commercial sector. [...] Read More... The post Malaysia inks MoU for national blockchain infrastructure appeared first on CoinGeek.
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Coingeek: Terra’s Yoo Mo released in South Korea after his arrest warrant is dismissed
Thursday, 13 October 2022 00:00
Yoo Mo was arrested last week on charges of violating the Capital Markets Act as a key member of the Terra group, but a South Korean court has dismissed his arrest. [...] Read More... The post Terra’s Yoo Mo released in South Korea after his arrest warrant…
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Coingeek: EU bans all digital asset transactions to Russia
Wednesday, 12 October 2022 21:00
Digital asset transactions from Europe to Russia had been capped at $9,900, but the European Union says there was still some level of activity, necessitating the total ban. [...] Read More... The post EU bans all digital asset transactions to Russia appeared first on CoinGeek.
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Coingeek: DOJ indicts California man linked to BTC money laundering for dark web drug trafficking ring
Wednesday, 12 October 2022 19:00
John Khuu was indicted in California and Texas for allegedly laundering $5.35 million in BTC for a drug trafficking ring he operated via the dark web. [...] Read More... The post DOJ indicts California man linked to BTC money laundering for dark web drug trafficking ring appeared…
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Coingeek: Portugal makes provision for digital asset tax in new budget draft
Wednesday, 12 October 2022 17:00
The proposed tax plans have left a bad taste in the mouth of digital currency enthusiasts as the country had a reputation in Europe with pro-digital asset legislation. [...] Read More... The post Portugal makes provision for digital asset tax in new budget draft appeared first on…
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Coingeek: Mango Markets investors lose $100M in latest DeFi debacle
Wednesday, 12 October 2022 16:23
This latest theft, resulting from deliberate manipulation of price mechanisms, again raises questions about the viability of DeFi among serious investors, and what action could be taken to recover funds. [...] Read More... The post Mango Markets investors lose $100M in latest DeFi debacle appeared first on…
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