Cointelegraph

⁠South Korea’s Finance Minister Confirms Plan to Tax Cryptocurrency Although scant on details, South Korea’s finance minister has confirmed that taxes will be imposed on cryptocurrency in the country.

⁠Alleged Ponzi Scheme Sent the $5 Million in Ether Gas Fees The origin of the abnormal Ether transactions that paid more than $5 million in gas fees seems to be Korean “exchange” GoodCycle.

​​Trading the Spot Market vs. Trading Derivatives: Live AMA Join our live AMA with Phemex CEO Jack Tao about crypto spot trading versus trading derivatives. Which is riskier? Which yields the best rewards? When is it bet…

⁠New COVID-19 Research Initiative Rewards Contributors With Crypto CPUcoin has announced a partnership with BOINC to provide crypto rewards for volunteers who share their unused computing power with researchers.

⁠WEF Hopes to Stamp Out Corruption With Colombian Blockchain Trial The World Economic Forum looks at blockchain as a solution against foul play in government processes.

⁠China Considering East Asia Regional Cryptocurrency to Rival Dollar and Libra China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments.

⁠Binance to Launch UK Trading Platform for Institutional and Retail Investors Binance will launch a new digital asset trading platform in 2020 in the United Kingdom to serve its increasing institutional clientele.

⁠Layer 2 Will Make Bitcoin as Easy to Use as the Dollar, Says Kraken CEO Kraken CEO Jesse Powell told Bloomberg in a recent interview that Bitcoin would surpass gold as a store of value in the long-term.

⁠Bitcoin Difficulty Sees Two-Year Record Surge as Hash Rate Mimics 2017 A giant 14.95% advance makes analysts confident as miners appear to balance increased costs to retain profitability.

⁠Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000.

⁠Six Crypto Heavyweights Join ETH 2.0 Staking Trial ConsenSys has announced that six top crypto firms will receive early access to its ETH 2.0 staking platform.

⁠Binance Pool Is Now the Largest Bitcoin SV Miner Since its launch in April, Binance Pool has become responsible for 26.39% of all Bitcoin Satoshi Vision blocks mined.

⁠There Are Now More Than 8,000 Bitcoin ATMs Worldwide The number of crypto ATMs worldwide has grown to more than 8,000, just months after passing the 7,000 mark in March.

⁠Crikey! Kraken Launches Support for Aussie Dollar Trading Pairs Kraken has launched support for trading and funding in AUD six months after acquiring veteran Australian crypto exchange Bit Trade.

⁠Former BTC Developer Settles ‘Rapist’ Defamation Suit Former Bitcoin Core developer Peter Todd has settled a defamation suit against a cryptographer who accused him of being a rapist.

⁠Compound’s New Token Tops DeFi Rankings on First Day A single day of trade has seen Compound’s COMP emerge as the largest DeFi token by market capitalization.

⁠Deloitte: 39% of Companies Worldwide Now Have Blockchain in Production A survey by Deloitte shows blockchain is increasingly becoming a priority among companies with a broad understanding of it.

⁠Chainlink, MakerDAO Honored as World Economic Forum ‘Tech Pioneers’ The World Economic Forum has recognized six blockchain companies on its list of 100 Technology Pioneers for 2020.

⁠Cybercrime Up 75% During COVID-19, Congressional Hearing Details A recent U.S. government hearing showed a significant uptick in online crime since COVID-19 took over in 2020.

⁠Chinese Tech Group Behind TikTok Looks to Enter Finance Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance.

⁠Phishing Sites Use Trick Letters in Domain Names to Steal XRP Experts from Xrplorer say that a fake XRP giveaway scam emerged in January 2020 and remains alive.

⁠Bitcoin Ponzi Scammer Arrested by Jakarta Police for Sexual Assault Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta for sexual assault on minors.

⁠Former Mt. Gox CEO Mark Karpeles: Craig Wright is 'Either a Thief or a Fraud' Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin that Dr. Wright claims were stolen from the exchange, citing expert support.

⁠Six Nigerian Citizens Added to the US Sanctions List for Cybercrimes The U.S. Treasury added six Nigerian individuals to its sanctions list for alleged cybercrimes.

⁠$300 ETH? Ethereum Looks to Be Next Major Crypto to Follow Cardano Ethereum price is set for a major breakout and hitting as high as $330 next shouldn’t be ruled out.

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⁠SIM Swap Hackers Target Crypto Investors — Cell Services Not Available Civil lawsuits against telecom providers such as AT&T are becoming commonplace as the number of SIM swap hacking scandals rises.

⁠UK Watchdogs Launch Ad-Scam Alert System to Crack Down on Online Fraud The Advertising Standards Authority and the Internet Advertising Office joined forces to launch a system to remove scam ads.

⁠Copycats and Copyright: Empowering Content Creators in the Digital Age One of the greatest challenges for digital content creators is the ability to maintain copyright over their works, and blockchain tech can help them…

⁠Fed Chairman: Inflation Not a Threat Long-Term Despite Massive Balance Sheet The chairman of the Federal Reserve sees no issues with the massive expansion of the Fed’s balance sheet and believes that inflation will stru…