Cryptocurrency Analysis and News Portal
Tensions between Steem (STEEM) and the Hive (HIVE) community continue to escalate, with Steem executing a soft fork to freeze up to 20 accounts owned by the network’s former witnesses.The frozen accounts hold 17.6 million STEEM, worth approximately $3.2 million and equating to nearly 5% of Steem’s total supply.On
Read More
Ethereum has completed its second hard fork in less than 30 days.With the mining of block 9,200,000, the Muir Glacier upgrade has been implemented on the network. The block was mined today at 8:30 UTC.As of press time, 92 percent of ethereum clients were synced with the new upgrade, according
Read More
The U.S. taxman's most recent crypto guidance is sowing confusion, according to a letter from eight congressmen published Friday.According to a letter penned by Representatives Tom Emmer (R-Minn.), Bill Foster (D-Ill.), David Schweikert (r-Ariz.), Darren Soto (D-Fla.), Lance Gooden (R-Texas), French Hill (R-Ark.), Matt Gaetz (R-Fla.) and Warren Davidson (R-Ohio),
Read More
In light of the earlier-than-expected uptick, Conner drafted EIP 2384, the Istanbul/Berlin Difficulty Bomb Delay, included in EIP 2387. In a little over six weeks, block times have increased from 13.1 to 14.3 seconds, Conner said. And, as the difficulty bomb is an exponential feature of ethereum, a one-second change
Read More
A rogue chain has developed following bitcoin cash's planned hard fork and has yet to cease production. Source
Read More
The United States' federal tax service has issued guidelines for tax reporting regarding cryptocurrency airdrops and hard forks.In an announcement on Oct. 9, the U.S. Internal Revenue Service (IRS) announced the issuance of Revenue Ruling 2019-24, which addresses common questions of taxpayers and practitioners regarding crypto hard forks and
Read More