Another day, another fake cryptocurrency app on Google Play. A group of Brazilian EOS developers, called EOS RIO, has warned users someone is trying to spread a fake version of its cryptocurrency wallet app on Google Play. While the app poses as the real thing (and claims to have been … [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...]
Bitcoin’s marketcap as a sound is a terrifying symphony of ups and downs
Bitcoin hasn’t done much recently. Well, except remaining stable. It’s pretty much held its value since the middle of September – an eon in the cryptocurrency world. With no rockets to the moon, the Bitcoin community is a little bored. Luckily for us, boredom is the great instigator of creativity. … [Read More...]
Undercover report: Crypto media accept cash to mislead readers on ICOs
Read entire story. Source: The Next Web