Korean exchanges begin delisting Litecoin due to anonymous transactions
Major cryptocurrency exchanges in South Korea have begun delisting Litecoin, which they had previously warned about. The decision to stop trading is due to the recent MimbleWimble Extension Block (MWEB) update, which allows for increased anonymity of Litecoin transactions. According to Upbit, they were guided by the Special Financial Information Act, which requires full transparency of cryptocurrency transactions in order to prevent money laundering. According to the announcement, Upbit reach...
Korean exchanges begin delisting Litecoin due to anonymous transactions
Major cryptocurrency exchanges in South Korea have begun delisting Litecoin, which they had previously warned about. The decision to stop trading is due to the recent MimbleWimble Extension Block (MWEB) update, which allows for increased anonymity of Litecoin transactions. According to Upbit, they were guided by the Special Financial Information Act, which requires full transparency of cryptocurrency transactions in order to prevent money laundering. According to the announcement, Upbit reach...
Bitcoin hash rate dropped 30% due to a snowstorm in the U.S.
An ongoing snowstorm in the U.S. has had a dramatic effect on bitcoin miners. A rapid deterioration in weather conditions occurred in the United States this week ahead of the Christmas weekend, affecting more than 70% of the population. More than 200,000 people in North Carolina, Virginia, Maryland, Pennsylvania, New York, Vermont, New Hampshire and Maine were without power. Severe weather conditions are expected to continue through December 26. Among other things, these events have had a ser...
Bitcoin hash rate dropped 30% due to a snowstorm in the U.S.
An ongoing snowstorm in the U.S. has had a dramatic effect on bitcoin miners. A rapid deterioration in weather conditions occurred in the United States this week ahead of the Christmas weekend, affecting more than 70% of the population. More than 200,000 people in North Carolina, Virginia, Maryland, Pennsylvania, New York, Vermont, New Hampshire and Maine were without power. Severe weather conditions are expected to continue through December 26. Among other things, these events have had a ser...
