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South Korea's Largest Bank Launch a Crypto Custodial Service
27.3.2020
KB Kookmin Bank is expected to launch a cryptocurrency custody service in H1 2020
Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History
27.3.2020
Bitcoin’s hashrate has plummeted 45% since the record-breaking levels it saw on Feb. 29. The hashrate touched an all-time high of 136 exahash per second (EH/s) but has since dropped to 75 EH/s. Moreover, the crypto network has seen the second-largest difficulty drop since October 2011. Also...
$2 Trillion for Surveillance Capitalism – US Government Promises $1,200 to Every American
25.3.2020
On Wednesday, U.S. Congressional leaders had seemingly come up with a stimulus deal at around 1 a.m. EST. The package will cost upwards of $2 trillion and politicians are promising direct payments of $1,200 per American if they make $75,000 or less. The dollar injection will be the largest...
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...
Relief to Bitcoin Miners as Difficulty Set For Largest Drop in Five Months
19.3.2020
Bitcoin (BTC) mining difficulty is now estimated to drop in six days, offering relief to miners, squeezed by the market crash and the current record-high mining difficulty.
The next adjustment will see the difficulty, a measure that shows how hard it is to compete for mining rewards, go down...
Largest Blockchain Conference in Japan Postponed Due to Coronavirus
16.3.2020
TEAMZ Blockchain Summit is the latest blockchain-related conference to postpone amid coronavirus concerns
Tokyo Police Arrest 2 Men for Buying Cryptocurrency Tied to $530M Coincheck Hack
11.3.2020
Tokyo police arrested two individuals on Wednesday for acquiring stolen NEM from the 2018 Coincheck hack. On Jan. 26, 2018, the Japanese trading platform Coincheck noticed an “illicit transfer” of 523,000,000 NEM and it was the largest cryptocurrency exchange hack since Mt Gox....
7 of the World’s Largest Blockchain-as-a-Service Enterprises
10.3.2020
You’ve heard of Software as a Service (Saas), the means by which businesses subscribe to and access cloud-based software. Blockchain-as-a-service (BaaS) is its distributed ledger equivalent. It describes the process by which a third party installs, hosts and maintains blockchain networks...
Tamil Guide: Cryptocurrency Meaning and How to Buy Bitcoin in India — Interview With Giottus
8.3.2020
After the supreme court verdict striking down the RBI ban, more people in India are interested in cryptocurrencies. News.Bitcoin.com interviewed Arjun Vijay, COO of crypto exchange Giottus, about the basics of cryptocurrencies in Tamil, focusing on the largest cryptocurrency — bitcoin....
Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira
8.3.2020
If there’s a place where cryptocurrencies draw significantly more attention than anywhere else right now, it has to be Nigeria. Africa’s largest economy is driven by its oil exports, expanding manufacturing, financial services, communications and information technology sectors, but also...
Europe’s Largest Gathering of Insurance Leaders and Innovators Returns to London
6.3.2020
After the success of the previous two years, Europe’s largest Insurtech conference is about to take place for the third time. From March 17–18, over 2,500 insurtechs, insurers, and investors, representing more than 50 countries, will gather for two full days of networking, partnerships,...
HODL Waves Chart Reveals Bitcoin Holders’ Firm Grip – 42% Hasn’t Moved in 2 Years
5.3.2020
According to a report written by Coin Metrics analyst Jacob Franek, as of March 1, 2020, roughly 42% of all BTC has not moved onchain in more than two years. The metric is the largest number since June 2017 and the study notes that “HODL waves” have grown larger. Also Read: Get Ready...
Australia Crypto Merchant Trade Sets $74K Monthly Record With BCH Capturing 97%
5.3.2020
Cryptocurrency payments in Australia, which have been growing in volume in the past few years, have recently scored another record. Crypto-based merchant trade across the country reached almost $74,000 in February according to a new report. Bitcoin cash has by far the largest share in retail crypto...
Binance Users in Turkey Can Now Deposit and Withdraw TRY via Akbank Integration
2.3.2020
The competition for the Turkish cryptocurrency market appears to be heating up as Binance is the latest platform to launch a banking integration for the Lira (TRY). The global digital asset exchange is now open to direct transactions of local fiat from Akbank, one of the largest banks in Turkey....
How Will Bitcoin Cash's Halving Affect the 4th Largest Network?
29.2.2020
Bitcoin Cash (BCH), the fourth largest crypto network by market capitalization, is halving in April. Yes, much like its bigger brother, the Bitcoin-forked cryptocurrency will be cutting the block rewards it dispenses to miners by 50%, from BCH 12.5 (USD 4,073) to BCH 6.25.
But according to...
World’s Largest Human Resources Firm Adopts Smart Contracts Platform
28.2.2020
Top HR firm Randstad has adopted a smart contracts blockchain platform to streamline its workflow
UK’s FCA Suspends Epayments Service – Over £100M Frozen and Alleged Onecoin Connection
27.2.2020
Epayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been...
‘Short Bitcoin’ ETP Available to Investors on Germany’s Second-Largest Exchange
25.2.2020
The new listing makes inverse trackers widely accessible to European retail investors
Germany’s Second Largest Exchange Boerse Stuttgart Lists Short Bitcoin ETP
25.2.2020
When Bitcoin’s price falls, investors can still pocket gains with an ETP now listed on Germany’s second-largest stock exchange, Boerse Stuttgart
Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers
23.2.2020
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money...