[ad_2][ad_1] Litecoin (LTC) is a decentralized and open source payment network or cryptocurrency. It allows you to receive, store and send money to other people. It is one of the three largest cryptocurrencies, along with Bitcoin (BTC) and Ethereum (ETC). Litecoin hash rate increased at its fastest ever recorded rate, …
Read More »Ethereum Dev fights to bring down sanctions for North Korea
[ad_2][ad_1] In the letter Virgil Griffith’s attorneys filed a motion to dismiss a case filed by a New York court that Griffith taught North Koreans how to circumvent U.S. sanctions using Ethereum. Griffith was released on bail in late 2019. His lawyers argue that the argument against him is weak …
Read More »Ethereum Researcher Virgil Griffith Files Motion To Deny North Korea Conspiracy Allegation
[ad_2][ad_1] Virgil Griffith, the former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People’s Republic of Korea, filed a motion Thursday to dismiss the charge against him on the grounds that district prosecutors Southern New York did not properly declare Griffith’s crime. Griffith, 37, was …
Read More »IRS Tackles Crypto Micropayments, Blockchain Shipping Platforms Expand, DOJ Ties North Korea Crypto Hacks To Chinese Merchants, FBI Plot Hinders Bitcoin Corruption
[ad_2][ad_1] In this problem: • IRS addresses the taxation of cryptocurrencies received in microtasks, Swiss Enable Crypto Payments • Blockchain shipping platforms TradeLens and ShipChain expand networks • North Korean cryptographic hacks recycled by the Chinese; Launch of cryptographic compliance tools • FBI conspiracy thwarts Bitcoin corruption, Ethereum Classic suffers …
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 »North Korea is expanding its Monero mining operations, the report said
[ad_2][ad_1] North Korea is stepping up mining for privacy as the regime continues its efforts to circumvent sanctions. US cybersecurity firm Recorded Future said on Sunday in a report that network traffic for monero mining (XMR) that had originated from North Korean IP ranges has increased “at least tenfold” since …
Read More »North Korea appears to have expanded its crypto-mining operation
[ad_2][ad_1] North Korea’s top leaders appear to be stepping up efforts to mine cryptocurrency as a way to evade international sanctions, according to a new report State sponsored crypto crime: The report by Recorded Future, a US firm that analyzes cyber security threats, details the Kim Jong-un regime’s efforts to …
Read More »Korea still has the potential to lead the blockchain: experts
[ad_2][ad_1] [THE INVESTOR] Despite the radical value of digital currencies in recent months, the cryptographic and blockchain industries still have potential for growth and, according to Chain Plus experts, a two-day conference to be held in Seoul deserves attention. "The blockchain and crypto industries have faced challenges due to strict …
Read More »South Korea supports blockchain with tax credit
[ad_2][ad_1] Blockchain, Cryptocurrency-South Korea continued its progressive position towards the cryptocurrency and innovation it offers for the fintech by providing tax incentives for the development of blockchain. Despite the cryptic markets entering their twelfth month of a bear cycle, with the price of Bitcoin slipping below $ 4000 after rallying …
Read More »Tax credit provided to start-ups with Blockchain technology in South Korea – BlockPublisher
[ad_2][ad_1] The South Korean government has taken steps to provide tax relief to organizations in South Korea using blockchain technology, he said. Blockchain technology has been added to the list of tax credit departments for research and development in South Korea along with 15 other departments. The South Korean government …
Read More »