Crypto-Focused Lender Blockfi Launches Trading Platform


Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...

S Korean Crypto Exchanges Will Struggle to Survive in 2020 – Report


A number of South Korean cryptocurrency exchanges are set to post “huge” losses this year, per a new report. According to media outlet Newsway, industry insiders believe that most exchanges are “expected to suffer massive losses in FY2019.” The industry fears that nobody is safe, with trading...

First Blockchain Free Trade Zone in China + More News


White GuanYin statue in Hainan. Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news The Chinese island province of Hainan is set to create the nation’s first blockchain...

Bitcoin Price Could Hit USD 5,000 Before Rallying – Tuur Demeester


A popular economist said that Bitcoin (BTC) can go lower, meaning that we haven’t seen the bottom yet. However, that low is just a stop on a way to all-time highs, founder of Bitcoin alpha hedge fund Adamant Capital, Tuur Demeester, stressed. “We are way above the bottom of USD 3,000 [and] I don’t...

Russia Confirms It's Planning Measures To Seize Crypto


Adding to the legal uncertainty surrounding cryptocurrency in Russia, the country’s Ministry of Internal Affairs has confirmed earlier reports that it is cooperating with the Russian Supreme Court and a number of other federal institutions to prepare draft legislation that would allow...

Could Central Banks’ Digital Currency Projects Be Nothing But a Big Bluff?


Contrary to the public statements, insiders at the European Central Bank (ECB) reportedly say the bank has no laboratory working on a digital euro and little intention to create one any time soon. "Most of these comments [about the digital fiat] seem designed to jolt the private sector banks into...

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