On Jan. 31, Dong-Yeon reaffirmed that the South Korean government will not ban or “suppress” cryptocurrency in the country (Cointelegraph).
Frustration is felt by many in the Bitcoin community regarding taxes, and the responses are discussed – to the point of giving tips on how to hide your true earnings from being taxed (Market Watch).
Ethereum startup Parity Technologies is in the process of bouncing back from their $160 million loss, and its recent release of Node Software (which improves the speed of its Ethereum client while adding a range of updates) seems to be its most successful method (Coindesk).
Virtual currency investors are worried that the prices of Bitcoin and other digital tokens have been propped up by a widely used exchange called Bitfinex, which has a history of hacks and opaque business practices (New York Times).
More on the cryptocurrency price drop in January, and the suspicious exchange Bitfinex (Metro).
For the third time in two weeks, Bitcoin price dropped below $10,000. Bitcoin seems to be negatively impacted on the same day India’s finance minister said the country didn’t recognize Bitcoin as a legal tender (Business Insider).
During today’s budget speech, Finance Minister stated that the government will do anything to discontinue the use of Bitcoin and other virtual currencies in India (Quartz).
Samsung said that this year it will provide 8-nanometer and 11nm processes to meet marketing needs, as well as starting a “risk protection” of 7nm (Coindesk).
Comparison of values, trends, and opinions on the worth of Bitcoin and Gold (Fortune).
Investors in Bitcoin are Learning Some Very Old Lessons (The Economist).