Brazil Citizens Are Obligated To Report On Crypto Transactions With The IRS
[Policy]
1. Beginning from August 1, Brazil citizens are obligated to report on their crypto transactions with the country’s Internal Revenue Service (IRS).
[Cryptocurrency]
1. At 00:00:10 UTC on August 1, Ripple had released one billion XRP (about $320 million) from its escrow wallet;
2. Richard Soley IOTA will achieve standardization status before the end of 2019;
3. The soft-fork of Lisk will trigger automatically at block height 10000000, on August 23;
4. Stellar test network was reset at 09:00 UTC on July 31.
[Exchange & Wallet]
1. SBIVC launches its VCTRADE Pro trading services;
2. Writing on Twitter, LedgerX announced that Bitcoin spot and options trading are now available and futures coming soon;
3. The Poloniex site has been placed into maintenance mode temporarily.
[Others]
1. BitMEX CEO Arthur Hayes rarely updated his tweet, saying “I traded in a yacht for the jungle. See you all in September;”
2. A group of blockchain projects is coming together to form an industry association, the Proof of Stake Alliance (POSA), to educate U.S. lawmakers and regulators on the blockchain technology and the Proof-of-Stake consensus algorithm;
3. Bitcoin (BTC) and Bitcoin Cash (BCH) payment processor BitPay confirmed that it suspended its operations in Germany in an email on Aug. 1;
4. Andorra Telecom has entered into partnership with Spanish digital economy-focused non-profit Alastria to integrate blockchain technology into its internal processes;
5. Iconic Funds’ application to launch a Crypto Asset Index Fund has been in-principle approved by the Malta Financial Services Authority (MFSA);
6. Payments company Square reported its second-quarter earnings on August 1, revealing $125 million in Bitcoin sales through its Cash App, nearly doubling a record first quarter.
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Published at Fri, 02 Aug 2019 04:14:22 +0000
Bitcoin Pic Of The Moment
These bitcoin miners have been running almost constantly for a year and a half on Fedora 14. They’re in a minimally temperature controlled space ranging from 35°F-95°F and require some of the video cards to be placed outside of the chassis.
While I have my doubts on the future sustainability of the bitcoin ecosystem these machines more than paid for themselves. The technical challenges involved also have relevance with affordable high power processing for media content creation and research.
CrappyCat print by Trevor Van Meter (aka VanBeater).
Update 2013-09-04: With one miner retiring due to hardware failure and ASIC and FPGA-based systems coming online affecting the hash difficulty, the last remaining miner is no longer effective and has been retired. Where this currency is heading is anyone’s guess but it’s been a great experiment so far.
www.polygon.com/features/2013/9/4/4660780/bitcoin-satoshi…
By vmax137 on 2013-02-06 17:28:09
