Vietnam’s Central Bank Thinks Cryptocurrency Miners Should Be Banned

Vietnam’s Central Bank Thinks Cryptocurrency Miners Should Be Banned

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According to regional reports, the State Bank of Vietnam (SBV) has agreed with a proposal to ban imported cryptocurrency mining machines in order to keep the digital currency economy tethered tightly to the government’s regulatory frameworks. The proposal was introduced by the country’s Ministry of Industry and Trade (MoIT) after the SBV announced that cryptocurrency…

BCH Roundup: Markets Spike While the Community Debates Token Protocols

BCH Roundup: Markets Spike While the Community Debates Token Protocols

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There’s been a lot happening this week within the Bitcoin Cash (BCH) ecosystem, and much of the community’s discussion revolves around tokenization concepts on the BCH chain. Meanwhile, the network has been running smoothly, and BCH markets seem to be reversing their trend after cryptocurrencies values were experiencing bearish sentiment for the past six months.…

Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners

Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners

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With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan. Also Read: Change.org Petition Attempts to Fight for…

ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts

ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts

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According to reports the social media platform Twitter has been deleting millions of fraudulent accounts per day, and stated during the first week of July that it suspended more than 70 million accounts throughout May and June. However, the cryptocurrency industry is still plagued by tons of ‘ETH scam-bots’ pretending to be bitcoin luminaries and…

BCH Roundup: Steady Development, Market Uptrends, and New Apps

BCH Roundup: Steady Development, Market Uptrends, and New Apps

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The anniversary of the blockchain split that took place on August 1, 2017 is just two weeks away. Over the past few months Bitcoin Cash (BCH) infrastructure support and development has been exponential, while BCH proponents have also seen a bunch more announcements during the second week of July. Also read: Have You Tried Blockchain 5.0…

One Guy Controls the Lightning Network’s Biggest Node

One Guy Controls the Lightning Network’s Biggest Node

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BTC supporters were elated to discover recently that the Lightning Network’s (LN) capacity had spiked by 216 percent in just one day. Some individuals suspected the Build on Bitcoin conference had sparked more LN interest. However, onlookers have found the spike was due to a single node created by the owner of Shitcoin.com. According to…

Tether Announces Appointment of New Chief Compliance Officer

Tether Announces Appointment of New Chief Compliance Officer

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Tether has announced the appointed of Leonardo Real, a former anti-money laundering (AML) quality control manager at Bank of Montreal, as the company’s new chief compliance officer (CSO). The announcement comes just one week after Phil Potter, one of Tether’s directors, announced that he will be leaving sister company, Bitfinex. Also Read: Japanese Police Seize Cryptocurrency…

Ledger Live Desktop Wallet Manager Reviewed

Ledger Live Desktop Wallet Manager Reviewed

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On Monday, wallet manufacturer Ledger released its eagerly anticipated new desktop software. Ledger Live is meant to be a more reliable and user-friendly version of the Chrome app, which has come in for criticism, not least from this reviewer. To determine whether Ledger Live is an improvement on its predecessor, I put the French firm’s…

The Pirate Bay Is Again Using Users’ CPUs to Mine XMR

The Pirate Bay Is Again Using Users’ CPUs to Mine XMR

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The Pirate Bay is again taking over its users’ CPUs in order to mine the Monero (XMR) cryptocurrency to generate additional revenue. Unlike previous times, the site now displays a notification on the matter for users to know what is going on with their systems. Also Read: The Daily: Bitmain Valued at $12 Billion, New…

Youtube Dragged Into Bitconnect Class Action Lawsuit for Failure to Protect Victims

Youtube Dragged Into Bitconnect Class Action Lawsuit for Failure to Protect Victims

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Youtube has been dragged into a class action lawsuit against Bitconnect for failure to protect its users from being exposed to the scam’s videos. This case might be used by Google and others to justify their bans on crypto ads, arguing that their algorithms can not distinguish between legitimate projects and frauds.   Also Read: No…