Category: Bitcoin

Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin

“Pay me in bitcoin” has come true for National Football League player Russell Okung. Some 20 months and a 273% price increase after he first tweetedthat demand in May 2019, Okung will be the first player from any major U.S. sports league to be paid in bitcoin. The arrangement comes […]

Bitcoin Dips Below $10,000 Amidst New SEC Regulations

Requiring that online digital trading agencies must register with the Securities and Exchange Commission, Bitcoin dipped below $10,000. The cryptocurrency, now valued at $9,684, was last below this marked in late February, making it the fifth time it has fallen below this mark in 2018. The SEC stated, […]

Iceland Lawmaker Suggests Tax On Bitcoin Miners

Due to Iceland being a hotspot for cryptocurrency mining operations, thanks to the abundance of energy and natural cooling provided by arctic air, one lawmaker has suggested taxing on companies that mine Bitcoin. Smari McCarthy justified this tax because “”Under normal circumstances, companies that are creating value in […]

Cryptojacking Malware Turns Government Websites Into Mining Rigs

Over 5,000 websites, including the UK Student Loans Company, the United States Courts page, and some English council’s sites, were infected with the malware known as Coinhive, to hijack the processing power of personal electronic devices in order to mine cryptocurrency. According to the Guardian “The cryptojacking script was inserted […]

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