[ad_2][ad_1] London-listed Argo posted a drop in revenue in May, likely due to the bitcoin halving event. According to the mining company’s monthly operating update, monthly mining margins – revenue minus operating costs – were about 34% in May, down from 39% in April. Overall, the company mined 252 bitcoins …
Read More »Antpool – CoinDesk
[ad_2][ad_1] Antpool, one of the largest mining pools in the world, supports ten cryptocurrencies and rewards miners every day for their contributed hash power. Antpool is an open access mining pool that supports ten cryptocurrencies including bitcoin, bitcoin cash, ethereum (ETH) and litecoin (LTC). The mining pool offers an app …
Read More »South Korea will start taxing Bitcoin profits in 2021
[ad_2][ad_1] South Korea will begin taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The tax will also apply to bitcoin mining operations and income from initial coin offerings if approved by Parliament. South Korea’s Ministry of Economy and Finance has proposed changes to …
Read More »The French competition watchdog mentions the rapid development of crypto assets
[ad_2][ad_1] The French competition authority, called the Autorité de la concurrence, is seeking feedback from the public and fintech executives on the evolution of the payments industry. The regulator wants to understand the latest developments in blockchain, cloud, cryptocurrency, digital wallets and their impact on payments. The competition watchdog observes …
Read More »This revolutionary crypto mining machine levels the playing field for average investors
[ad_2][ad_1] Ten years ago, anyone with a computer and an internet connection could mine cryptocurrency. And this meant that anyone with a computer and an Internet connection could play an active role in democratizing money, even creating some for themselves. Unfortunately, crypto mining isn’t that simple anymore. The greater the …
Read More »CoinPayments to support Binance (BNB) token transactions for merchants
[ad_2][ad_1] George Town, Cayman Islands – CoinPayments, the world’s leading cryptocurrency payment processor, today announced a partnership with Binance, the global blockchain ecosystem behind the world’s largest digital asset exchange, Binance.com. Starting today, CoinPayments will support Binance’s BNB token to open traders around the world to the Binance community. “A …
Read More »Ripple’s CEO says US regulators need to embrace cryptography or lag behind China
[ad_2][ad_1] Ripple CEO Brad Garlinghouse urged US regulators “to step up and lean on digital currencies” to avoid falling behind China on the ground. In a tweet published on May 26, Garlinghouse warns that “staying complacent is actually bringing us back,” citing an article suggesting that the long-touted Chinese central …
Read More »1,000 business systems infected with Monero Mining malware
[ad_2][ad_1] The Blue Mockingbird malware gang has infected more than 1,000 business systems with the Monero mining malware since December 2019. The global scale of the hacker group’s operations was revealed by cloud security firm Red Canary on May 26. The report outlined the group’s methodology. The malware attacks servers …
Read More »Will Shopify’s new cryptocurrency partnership broaden its moat?
[ad_2][ad_1] Shopify‘S (NYSE: STORE) the platform allows its merchants to accept payments in bitcoin, Litecoin, Ethereum and over 300 other types of cryptocurrencies. It recently expanded that reach by partnering with cryptocurrency payment processor CoinPayments, which helps merchants process 1,800 types of cryptocurrencies. Shopify says the partnership “will make cryptocurrency …
Read More »Bithumb returns Young Heo as the new CEO
[ad_2][ad_1] South Korean cryptocurrency exchange Bithumb announced Monday that it has named Back Young Heo as its new CEO. According to Bithumb, Heo joined Bithumb in 2017 as a head of compliance and prior to Bithumb, he worked in traditional finance for 14 years at Citibank, CitiCapital, ING Bank and …
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