Cryptocurrency mining firms in Norway received the same electricity tax discount as other power-intensive industries, meaning they paid less than 2.8 percent of the standard rate to power their rigs.
The European Commission announced Tuesday it would launch an association for trusted blockchain applications, and some banks have been invited to join this initiative.
Amid the slump in cryptocurrency prices, some small and medium-sized miners in China have been selling their mining machines in the second-hand market as they are not able to cover the electricity cost.
Market foresight advisory firm ABI Research assessed a number of platforms, including Microsoft, IBM, Amazon and Alibaba, that provide blockchain as a service.
Researchers from the Russian Quantum Center claimed quantum technology would soon have the ability to "make blockchains vulnerable."
The owner of a 421-year-old historic palazzo in Valletta, Malta — valued at $3 million — has said he would only accept bitcoin for its purchase, despite the recent fall in the cryptocurrency's value.
A 21-year-old Manhattan man, Nicholas Truglia, had hacked into the phones of six Silicon Valley executives but could only steal cryptocurrency from one of them.
The Department of Justice started an investigation into whether Tether and Bitfinex engaged in market manipulation for illegally moving bitcoin prices during December 2017, when they peaked.
To be held in April 2019, the blockchain and cryptocurrency conference in North Korea won't allow citizens from South Korea, Japan, Israel, as well as any foreign journalists.
The dispute started by the two groups behind bitcoin cash's two forks, bitcoin cash ABC and bitcoin cash SV, has cost miners losses of as much as $6.1 million in gross revenue, according to research.
Game developer Arcade Distillery is set to launch a game for the PS4, built on ethereum blockchain. Startup Mythical Games received $16 million funding to develop console games on EOSIO blockchain.
The price of bitcoin fell by over 11 percent in 24 hours, slipping below the $5,000 mark Monday night. The last time bitcoin had sunk to this level was in October 2017.
Islamic scholars have certified Swiss financial technology firm X8's cryptocurrency as a form of investment for Muslim investors. This certification is necessary for the firm to expand into the Middle East.
The cryptocurrency-linked trading option is the first global multi-crypto exchange-traded product to be approved and the third crypto-related product to be listed on a stock exchange.
The European Central Bank's Benoît Cœuré shared the opinion of Agustín Carstens, a Mexican economist, that bitcoin is "a combination of a bubble, a Ponzi scheme, and an environmental disaster."
Japan's Financial Services Agency discussed in a meeting the likely regulatory measures — internal control, management of cryptocurrencies, audits — that could be applied to cryptocurrency wallet services.
Two mining companies — Miami-based NGDC and Sweden's Chasqui Tech — abandoned their mining facilities with around $1.5 million and $50,000 in unpaid bills, respectively.
Blockchain-based Art Platform Maecenas said it will conduct the first “perpetual” digitalization and tokenization of a Picasso work of fine art under a project named Project Phoenix.
European companies from a variety of industries have partnered with IBM to develop greater trust and transparency by using blockchain, the company said in a press release Wednesday.
A recent United Nations report said we have about 12 years to contain the climate change catastrophe. Cryptocurrency mining is being flagged as a large contributor to the crisis.