Cryptocurrency Exchange News
Crypto-mining hardware making giant Bitmain is launching 90,000 Antminers ahead of the BCH (Bitcoin Cash) hard fork which is scheduled to take place on November 15. According to local news sources, these 90,000 machines are Antminer S9s and will be deployed in the western Chinese province of Xinjiang.
In the latest cryptocurrency news, major independent financial consulting company deVere Group has launched a suite of new Digital Asset Funds targeting “experienced investors.” The details were announced via a deVere press release recently published.
In the latest cryptocurrency news, various institutional investors are increasingly getting involved in Bitcoin and other digital currencies. Meanwhile, the number of retail investors in the space is staying stagnant. All of these were laid out in a new report courtesy of Morgan Stanley.
In the latest news about cryptocurrencies, an advisory committee to the U.S. Internal Revenue Service (IRS) suggests that the agency should provide clearer guidelines on how cryptocurrency transactions may be taxed. This was according to a report published by the Information Reporting Program Advisory Committee (IRPAC)
A global money-laundering watchdog has just revealed its plan to start publishing a set of rules designed specifically for international cryptocurrency regulation. It is even expected to arrive by next summer.
The latest news on cryptocurrency suggests that a group of Internet hackers have pilfered $882 million of digital currency from crypto exchanges, an exploit that started since last year. Apparently, one group in particular has netted roughly half that amount. It was reportedly the North Korean hacking group called Lazarus, which is responsible for stealing $571 million through an analysis of 14 different attacks.