FCoin Exchange Shuts Down; Users Likely to Incur Losses Worth $125 Million
18.2.2020
Chinese crypto exchange FCoin announced on Monday that it is shutting down, citing “internal data errors & complicated decisions.” Launched in May 2018, FCoin has always been in the news, controversially most of the time. The blog post penned by founder and chief Zhang Jian; the company said...
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services
18.2.2020
Blocknox, a subsidiary of the second largest German stock exchange, is expanding its crypto custody service to institutional players
Decentralized Lending Protocol bZx Hacked Twice in a Matter of Days
18.2.2020
Decentralized lending protocol bZx was hacked two times just days apart, with a total loss of about $954,000
T-Mobile, Orange and Other Giants to Test Blockchain-powered Platform
18.2.2020
Four of the world’s biggest telecoms providers will cooperate on a joint pilot that could see blockchain technology applied to inter-operator roaming agreements.
Per Mobile Europe, Deutsche Telekom and its United States-based mobile and wireless network operator T-Mobile US will team up with...
Has Bitcoin Reached a Saturation Level?
18.2.2020
The crypto market is extremely volatile and has seen some of the financial world’s most dramatic ups and downs. It was a significant bull run in 2017 when it topped the charts at a whopping $20,000 in December. However, the market couldn’t sustain the price and nosedived in the following year....
New Platform Helps Developers Tokenize Their Games on Ethereum
18.2.2020
A new game development platform, Enjin, has gone live on the Ethereum mainnet
What Attracts A Potential Borrower To A Particular Loan Company?
18.2.2020
Loan companies can arguably save you when you are in a financial crisis situation. As a potential borrower, you have to weigh your options carefully and study each of the terms and guidelines of each loan company so you can get the most out of your loaning experience. Since there is a multitude...
Know and Understand the Complete Guide For Residential Mortgages
18.2.2020
Buying a home can be one of the most significant investments you are going to make in life. First and foremost, you need to make a realistic assessment of your finances and make sure you can afford to borrow. The next thing would be to understand the mortgage process fully and how you can take...
South Korean Banks ‘Sitting on Crypto Plans in Regulatory Limbo’
18.2.2020
South Korean financial institutions have formulated crypto business plans – but cannot go public with them due to a lack of regulatory clarity, claim bankers in the country.
News outlet Hangook Ilbo quotes an unnamed “senior official” at a South Korean bank as stating,
“Banks in South Korea cannot...
Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline
18.2.2020
While a long-term price indicator has flipped bullish, the cryptocurrency is struggling to gather upside traction and looks vulnerable near the seven-week rising trendline support
TRON Exhibits Intraday Corrections; Gains Pace & Trades at $0.022
18.2.2020
TRON (TRX), at the time of writing the article, was trading at $0.0224, after having bottomed out at $0.0201, yesterday TRX/USD broke below the 90-day high price as there happens to be a “death crossover” and 200-day MA crosses above 50-day MA, on a half-hourly chart The 20-day Bollinger Bands...