This week, the owner of the Bitcoin.org web portal and Bitcointalk, under the nickname Kobra, wrote an open letter to the Bitcoin community asking them to consider changing the proof-of-work (PoW) algorithm of the Bitcoin core network.
Iceland is one of the centers of the mining industry, which criminals have begun to abuse. In the municipalities of Reykjanesbaer and Borgarburdo, there was a large-scale theft of crypto equipment totaling 200 million kroner or $1,990,000.
Popular British tabloid The Sun reported that strippers at the exclusive Las Vegas nightclub Τhe Legend Room are getting temporary tattoos of QR codes on their bodies so customers can leave anonymous tips in digital currency. Τhe Legend Room has become the first strip club that allows patrons to pay for services with cryptocurrency.
Experts from University College London studied smart contracts in the Ethereum network and discovered more than 34 thousand vulnerabilities that provide hackers with the ability to easily hack programs and connect to their control. However, the researchers noted that they are not sure that they have discovered all possible vulnerabilities.
In the “support” section on the official website of the platform, information was published about restrictions on services based on the location of clients, which will come into force on March 9 of this year.
I bring to your attention another forecast of the dynamics of the exchange rate of the main cryptocurrency pairs
The Chinese company Bitmain now dominates bitcoin mining. Bernstein estimates that Bitmain earned between $3 billion and $4 billion last year, while chip maker Nvidia made $3 billion in profits during the same period. It is noteworthy that Bitmain achieved such profits in just four years, while Nvidia needed 24, Bernstein analysts note in their report.
At the moment I am neutral on all altcoins. I will be covering EOS and NEO the most this week because NEO is expected to rise above $130 or break trend support levels
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