In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
There is now a real mining boom on the territory of Belarus, which began after the signing of the decree “On the development of the digital economy” by the President of the Republic Alexander Lukashenko. Representatives of one of the Russian companies announced that they are planning to build an enterprise that will produce equipment for cryptocurrency mining.
Boston-based Circle is buying one of the largest exchanges in North America, making it a serious competitor to Coinbase, Bittrex and Kraken. According to Fortune journalists, the transaction amount is $400 million.
On February 23, the American exchange Coinbase sent out notifications to 13 thousand users that their data would be transferred to the US Tax Service (IRS). IRS officials asked Coinbase back in July last year to hand over information about 500,000 users in order to find tax evaders. At the end of autumn 2017, the exchange received a court order in which the Tax Service asked to provide data for 14,000 clients instead of half a million.
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.
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