In Russia, cryptocurrency miners look like they will have trouble receiving their rewards in cryptocurrencies like Bitcoin and Ethereum, thanks to a new bill. This and more news in this practical summary daily so that you are always informedwith events most recent that occur within the crypto world.
📍 The tension that exists in Russia in relation to the acceptance and adoption of cryptocurrencies, is huge. The country's government previously announced that Bitcoin It is legal as an investment asset and refuge of value, but illegal as a payment system or exchange of value. And not satisfied with this, the country now faces a new debate: the mineros Cryptocurrency workers will be able to carry out this activity legally in Russia, but they will not be able to receive rewards from their work in cryptocurrencies. A local media informs that the Russian Ministry of Finance launched a bill that seeks to prohibit cryptocurrency miners from receiving these digital currencies as rewards, especially Bitcoin (BTC) and Ethereum (ETH).
If this bill is approved, cryptocurrency miners will be left in great uncertainty, since it is not yet clear how miners will be able to receive reward money to sustain their operations on the different blockchain networks.
📍 Activision, the development company behind the famous video games Call of Duty, will begin to implement the technology blockchain to generate a ranking global with its most notable players. For this, the company requested a license before the United States Trademark and Intellectual Property Office under the name “Systems and methods for aggregation, normalization and publication of video game content”. Through this system, Activision will be able to obtain data and classify players who use two or more of the company's video games, to create a detailed profile with the players' performances and know the most outstanding ones.
📍 LedgerX, exchange American Bitcoin futures, He launched a new product: LedgerX Mini Futures, physically settled, exchange-traded Bitcoin (BTC) futures contracts. According to the company's post, Bitcoin futures are fully collateralized with cash or bitcoins and will be physically settled; an event that many experts consider as an extraordinary way to expand the use of Bitcoin among potential investors.
📍 The hash rate of Bitcoin reached a new all-time high. For the first time in Bitcoin history, the network's hash rate reached 146 EH/s according to BitInfoCharts. Despite the setback that the price of Bitcoin has suffered in recent days, the fact that the network remains more robust is great news for the crypto community and the ecosystem in general.
📍 Alon Gal, Twitter user, claims that he has in his possession a Bitcoin wallet with 69.000 BTC, valued at more than 693 million dollars. Now, the challenge is that the key to wallet It is lost, so no one has yet managed to access it.
Gal called on his more than 29 thousand followers and Google to help him connect with a quantum computer to force the key and be able to move that great treasure. However, there is much debate about whether a current quantum computer has the ability to break the security of cryptography and blockchain technology to decrypt the key. Some experts claim that no such device exists, while others say that sooner than expected a quantum computer will have that potential and much more.
📍 Algorand is preparing a set of functionalities that promise to increase network efficiency by storing information within user accounts instead of the blockchain. Through the stateful smart contracts, Algorand will have lower commission fees, greater scalability and performance, and will integrate atomic transfers and standard Algorand assets.
Continue reading: Marathon Patent Group acquires more than 3 thousand Bitcoin mining equipment in North America
