Ethereum Community Considers Hard Fork To Fight ASIC Miners

Ethereum developer Piper Merriam opened Ethereum Improvement Proposal (EIP) #958 on Github on March 30, presenting the idea of a possible hard fork in the Ethereum (ETH) protocol to invalidate ETH ASICs. Vlad Zamfir, another developer with the Ethereum Foundation, posed the same question on Twitter March 28. 57 percent of respondents voted yes. Both …

South Korea Arrests 14 On Suspicion Of Discount Bitcoin Mining

South Korean authorities have arrested 14 operators allegedly involved in illegally subsidized Bitcoin mining, local media outlet Yonhap reports April 1. As local media outlet Yonhap News Agency reports, police arrested 14 people suspected of running Bitcoin mining setups using unfairly subsidized electricity since May 2017. A total of 13 companies were complicit, each using …

Equity and Cryptocurrency Markets: Weekly Performance Review

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Global Equity Markets: Possible recovery in the works …

China’s New Central Bank Head Is Pro-Market, Could It Impact Cryptocurrency Industry?

Yi Gang, an American-trained economist, has been elected by the Chinese government to take over the People’s Bank of China (PBoC), the country’s central bank, as its head. The election of a pro-market economist could have a positive impact on the cryptocurrency market. Pro-market, favors freedom Both Chinese President Xi Jinping and PBoC’s new leader …