#cryptocurrencies

The idea of creating an insurance platform for the cryptocurrency industry has been on the front burner for a while. There are plenty of stories telling how blockchain and bitcoin related projects fail because of hackers, insufficient security or simply human errors. All these factors impede the industry’s development, scare people away, and cause mass […]

According to the statement by Alexei Moiseev, Russia’s deputy minister of finance, the ministry denounces any direct ban of bitcoin.

Wednesday, August 24 – A meeting dedicated to the place for blockchain technology in Russia and possibility of its nation-wide implementation was held in Moscow, at the Russian president administration HQ, with the state internet counsellor German Klimenko as the chairman.

This May, Russia’s Federal Tax Service (FTS) received an internet request from a cryptocurrency user who asked it to clarify whether it’s necessary to provide reports on cryptocurrency buy/sell operations between residents and non-residents. The FTS’s response outlines some interesting issues in this grey legal zone.

Ethereum hard fork and advent of Ethereum Classic, the ecosystem of bitcoin and altcoins, state regulation and private business’s interest towards blockchain technology, as well as a few stories from the dark side – all in ForkLog’s traditional weekly overview.

Editor’s note: It looks like The DAO is no longer with us. However, the future development of decentralized communities may again lead to a creation of new blockchain-based DAOs. In the article below the author shows the existing mechanisms for decentralized management in yet another popular blockchain-project called Dash.

According to Alexei Moiseeev, Russia’s Deputy Finance Minister, the authorities are drafting a new law that would bring bitcoin and other cryptocurrencies under definition of foreign currency.

The week after bitcoin mining reward halving, ForkLog decided to compile a short overview on the history of mining methods.