Mining

The authorities of Ukraine have recently rolled out a new bill combating cybercrime that also describes the procedure for the confiscation of cryptocurrencies obtained illegally.

The efforts being put to effectively regulate the blockchain and cryptocurrency industry could see the Balkans leap big. The region only needs an effective regulatory framework on the disruptive technology if it is to boom.

Due to the hyperinflation of the local currency, Iran is planning to use locally mined cryptocurrency for car import.

Updated: It seems Lucifer malware designed to mine Monero (XMR) is getting stronger. Now, it can affect not only Windows-based computers, but also Linux-based ones.

Global tech giant Microsoft is going to contribute to the development of a Russian corporate blockchain. The company’s representative office in the country signed a memorandum with a blockchain startup to enhance the technology development in the country.

A programmer of Romanian origin named Silviu Balaci was sentenced to five years behind bars and a fine amounting to $250,000 for running the BitClub Network mining scam.

Most newcomers to the cryptocurrency market are aware that bitcoin is not the only digital currency they can use. However, they are also sure there is only one Bitcoin. That is why they might get very confused to learn there are more than one of them.

If you ever thought college students would have to wait until they graduate before they are loaded, then you are wrong. Today’s university students are investing heavily in crypto ventures. In fact, cryptocurrency might make them billionaires even before they graduate.

After announcing an official ban on cryptocurrency use in 2014, the Kyrgyz Republic seems to be reconsidering its legal frameworks around crypto trading and mining.