Hello Hard Forkers, welcome to another Moonday Morning where we wrap-up the weekend\u2019s hot cryptocurrency and blockchain headlines.<\/p>\n
Take a look.<\/p>\n
1. Illegal Bitcoin mine in Ukraine rail building busted<\/h2>\n
A small but illegal Bitcoin mine has been located and dismantled in the Ukraine, according to a Facebook post published by an account which appears to belong to the Chairman of Ukraine\u2019s state railway. Late last year, Yevhen Kravtsov said the farm was located in a railway building in Ternopil in the west of Ukraine.<\/p>\n The farm allegedly installed more than 100 cryptocurrency miners which were attached to the railway building\u2019s power supply<\/strong> in such a way they bypassed the electricity meter. Kravtsov said the people running the mine had saved themselves more than $40,000 by doing so.<\/p>\n Virgil Griffith, the Ethereum ETH developer that allegedly travelled to North Korea to give a talk on how cryptocurrency could be used to evade sanctions, has been released on a $1 million bond<\/strong>, AP reports. The bail has been granted despite prosecutors\u2019 fears that Griffith may flee the country before his trial<\/p>\n The news comes shortly after Griffith was formally indicted by US authorities late last week. The developer was placed on house arrest, with an electronic tag, at his parent\u2019s home.<\/p>\n The Reserve Bank of Australia (RBA) is skeptical whether Libra will make inroads in the country at all,\u00a0<\/span>ZDNet writes. According to the report, the RBA believes it\u2019s still unclear if there will be strong demand for stablecoins, and cryptocurrency-based products like Facebook\u2019s Libra<\/strong> in Australia.<\/p>\n In a submission to the Select Committee on Financial Technology and Regulatory Technology the RBA said: \u201cAustralia is already well served by a range of low-cost and efficient real-time payment methods, such as the New Payments Platform, that utilize funds held in accounts at prudentially supervised financial institutions.\u201d<\/p>\n The Japanese Financial Service Agency is reportedly planning to introduce a rule that limits the amount of leverage an investor can use in cryptocurrency margin trading, English-speaking outlet The Japan News reports.<\/p>\n The new rule would see leverage limited to twice the deposits of traders<\/strong>. The industry currently has a self-imposed cap of four times; the new law would cut potential leverage in half. According to sources familiar with the matter, the new rule looks set to come into force in the springtime.<\/p>\n And finally\u2026<\/em><\/p>\n Gregg Bennett, the man who allegedly lost $1 million worth of Bitcoin in a SIM-swap attack, has taken out Twitter adverts attacking cryptocurrency exchange Bittrex,<\/strong> the Seattle Times reports. The ads spread Bennett\u2019s claims that Bittrex is an \u201cunsafe exchange.\u201d He also maintains a website that documents his case against the exchange.<\/p>\n Bennett fell victim to the SIM-swap attack last year. He claims Bittrex violated or ignored its own security standards and industry-standard practices,\u00a0 which allowed hackers to steal 100 Bitcoin from him. Bittrex has said it\u2019s not at fault and asked for the case to be dismissed.<\/p>\n There you have it, now go get on with your week.<\/p>\n \n Published January 13, 2020 \u2014 09:41 UTC\n <\/p>\n<\/p><\/div>\n![\"cryptocurrency,](\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/01\/75653208_567792600664837_4409208138968858624_n.jpg\")
2. Ethereum dev released on $1M bond in North Korea case<\/h2>\n
3. Australia doesn\u2019t see the point in Facebook\u2019s Libra project<\/h2>\n
4. Japan looking at strict rules for cryptocurrency leverage trading<\/h2>\n
5. SIM-swap victim buys Twitter ads to smack talk Bittrex<\/h2>\n
![\"sim,](\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/01\/01102020_safe_150758-768x576.jpg\")