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Day: May 29, 2018

cryptocurrency May 29, 2018

Background on BTC Mining Fundamentally, Bitcoin mining is an activity which adds Bitcoin transactions to the blockchain ledger. The process of mining is referred to as proof of work. Bitcoin mining creates proof of work by solving mathematical problems to create hashes. Advertisements For a miner to verify a transaction, they must first calculate a 64-digit […]

cryptocurrency May 29, 2018

ETHNews spoke with attorney Jason Somensatto, who shared his thoughts on the SEC’s latest initial coin offering complaint. Advertisements Down goes another ICO! On May 29, 2018, the Securities and Exchange Commission (SEC) announced that it “obtained a court order halting an ongoing fraud involving an initial coin offering that raised as much as $21 […]

cryptocurrency May 29, 2018

On Monday, the special committee on the fourth industrial revolution urged the National Assembly to regulate ICOs rather than allow them to be banned without exception. Advertisements In response to a universal ban on initial coin offerings (ICOs) instituted by South Korea’s Financial Services Commission (FSC) last September, a subcommittee of the National Assembly of […]