Sparkpool to Freeze Mysterious 2,100 Ether Mining Payout for Now

Cryptocurrency mining pool Sparkpool has said it is temporarily freezing a mysterious 2,100 ether payment it received Tuesday and is waiting for the sender to reach out for a solution.

The transaction was received as an apparent reward for mining just one block on the ethereum blockchain, but the amount is roughly 600 times the network’s standard block reward.

The company notified its collective of miners in a statement on Wednesday that it will hold the ether – currently worth around $300,000 – for now, in case the abnormally high mining fee was attached in error.

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Cyprus Securities Regulator Calls for Adoption of EU Anti-Money Laundering Framework

The Cyprus Securities and Exchange Commission (CySEC) is calling for the transposition of the European Union (EU)’s Fifth Anti-Money Laundering (AML) Directive (AMLD5) into national law — bringing local regulation of cryptocurrencies under its provisions. CySEC’s announcement and consultation paper on the matter were published on Feb. 19.

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Chrissi Nefeli

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