Moonday Mornings: Banks hate Malta, crypto CEO crashes Lambo

It’s Monday, which means it’s time for a roundup of the weekend’s cryptocurrency and blockchain news. Here’s Moonday Mornings. 1. Japan’s Financial Services Agency is reporting a 36 percent drop in the number of cryptocurrency related inquiries in the fourth quarter of 2018 compared to the previous quarter, Brave New Coin reports. This … [Read More...]

5 things you should know about STOs

Last weekend Hard Fork flew Seattle to attend NEO’s second ever developer conference. Besides getting to see and hear from NEO itself, we got to meet a host of developers that are trying to use the NEO platform to bring their dapps to life. While there, I moderated a panel … [Read More...]

Chinese school teachers caught mining Ethereum at work

Two principals at a Chinese school have been caught using their employer’s electricity to mine Ethereum, according to local news outlet HK01. The report details how employees at Puman Middle School in Hunan province had been witnessing excessive noise from computers over the last few months – day and night, … [Read More...]

French authorities are pushing a 30 percent flat-rate Bitcoin tax

French regulators are realigning the taxes imposed on hodlers of Bitcoin and other cryptocurrencies. The French finance commission supported plans yesterday that will see capital gains tax applied to cryptocurrencies brought in line with other capital gains tax, Reuters reports. Any profit obtained from owning cryptocurrencies is currently taxed at … [Read More...]

It takes three times more energy to mine Bitcoin than gold

According to newly published research, mining cryptocurrency takes nearly twice as much energy than mining gold, platinum, and copper. Researchers from the Oak Ridge Institute for Science and Education in Cincinnati tracked the daily energy demand and hashrate of Bitcoin, Ethereum, Litecoin, and Monero between 1st January 2016 to 30th June 2018. … [Read More...]