In our “Events” section, we cover major conferences, meetups, and industry gatherings related to cryptocurrencies and blockchain technology. Here you will find announcements, highlights, and reports from important events shaping the crypto ecosystem. Read the “Events” section on ForkNews to stay updated on key happenings in the blockchain industry.
Investors of the Tezos fund, which raised $232 million last summer and then began to slowly and surely go to hell, due to disagreements between the chairman and the founders of the fund, decided to create a new board of directors.
According to data from the South China Morning Post, major Chinese search engines and social networks, following Facebook, began to block all content that is in one way or another related to cryptocurrency. When entering the phrases “bitcoin”, “cryptocurrency”, etc. into the search bar, users see only news or other notes from journalists.
Kim Dong-yong, the Minister of Finance of South Korea, made an official statement that he considers it impossible for public blockchain networks to operate without cryptocurrency. Let us recall that before this, the South Korean government announced that it would not prohibit cryptocurrency trading, both in the short and long term. Don Yong also noted that the Ministry of Finance is not going to engage in bans on the digital currency itself or limit its use.
According to Investopedia, the large American exchange Coinbase sent out tax receipts for transactions. Namely, tax forms 1099-K, which relate to transactions carried out on the exchange in 2017.
After the price and popularity of cryptocurrency increases, the number of scammers who want to profit from its gullible owners also increases. Thus, from some accounts on Twitter, which are visually similar to the accounts of well-known cryptocurrency developers, they ask for small amounts with a promise to double them and return them. The time to participate in such a “promotion” is usually limited, or the “imitators” promise to double the amounts of only the first 50 or 100 applicants.
The beginning of strict regulation of the crypto market by the authorities of different countries, as well as price manipulation by the Bitfinex exchange and the Tether cryptocurrency company, reduced the rates of cryptocurrencies. The price of bitcoin, ethereum and ripple has fallen.
After searches that were carried out in Cherkassy, Kyiv and the Kyiv region, a large number of farms for illegal cryptocurrency mining were found. Moreover, they used electricity illegally.
Financial regulators in all countries are closely monitoring the cryptocurrency market. South Korea has banned bitcoin trading from anonymous accounts. The US Securities and Exchange Commission has suspended the equivalent of $600 million in ICOs. Saudi Arabia is not associated with the digital currency market, but monitors it closely, although it has not taken any steps to discourage market activity.
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