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Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone
10.1.2020
South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will...
Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump
10.1.2020
On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five...
Philippine ‘Crypto Valley of Asia’ to Get Own Airport
10.1.2020
The Philippines has a “Crypto Valley of Asia,” an initiative of the Cagayan Economic Zone Authority, the government agency responsible for managing the Cagayan Special Economic Zone and Freeport. An airport is now being planned for inside this economic zone to address the needs of...
Crypto Derivatives Exchange Leaves EU for Panama, Expands KYC
9.1.2020
Crypto derivatives exchange Deribit leaves EU to avoid new AML regulation, setting up shop in Panama while changing its KYC
This Company Sets Out to Prove Crypto Mining Has a Place in Your Home
9.1.2020
Hotmine, a company based in Ukraine which engineers home appliances for crypto enthusiasts, is not new to mining equipment development. But sometimes it takes the right time and the right technology to be able to create and offer solutions that consumers would be willing to buy and use. Thanks...
Researcher’s Scathing Lightning Network Analysis Finds Flaws
9.1.2020
On January 7, digital preservation researcher David Rosenthal published an overview of BTC’s Lightning Network (LN) which claims LN infrastructure isn’t decentralized and privacy-preservation is a myth. Rosenthal’s analysis found significant flaws with the LN fee system and...
ECB Wants Active Role in Crypto, Will Not Deter Private Solutions
9.1.2020
The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd...
Securitize Offers Global Solutions for Compliant Digital Securities
9.1.2020
Securitize offers trusted worldwide solutions for developing and managing compliant digital securities. Securitize is a full-stack technology and services platform with strong features and provides specialized tools for issuers and investors. Furthermore, the Securitize platform permits the clients...
SCB Bank Collaborates With Ripple To Launch SCB Easy Mobile App
9.1.2020
Taking pride in being Thailand’s oldest and one of the most leading banking institutions, the Siam Commercial Bank (SCB) has broadcasted the news about the launch of a digitalized mobile application, SCB Easy. The app will be powered by the expertise of the Ripple network and will help...
How Trustology Helps Cryptocurrency Owners to Secure Their Investments
9.1.2020
Trustology is an organization devoted to build a more secure back-office infrastructure for investing in cryptocurrencies. Earlier this year, the organization launched TrustVault as a way for people to securely store the keys which identifies them as the owners of the crypto accounts and their...
ECB’s Lagarde: We Want to Develop Digital Currencies but Won’t Discourage Private Initiatives
8.1.2020
Lagarde said the ECB will continue researching CBDCs and will not stand in the way of any private initiatives
A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners
8.1.2020
A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub
How Much Do South Korean Cryptocurrency Exchange Employees Make?
8.1.2020
Barely a day goes by without news coming out of South Korea’s cryptocurrency exchanges. The country has a wide array of trading platforms, mostly based in the affluent Gangnam region of Seoul, housed in plush, shiny new office buildings.
But in this hyper-competitive, super-trendy trade, who pays...
Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas
8.1.2020
The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....
Ripple in 2019: How it Silently Throve in a Slumping Crypto Market
8.1.2020
Cryptocurrencies have been at the helm of debates among financial circles across the globe. Throughout the year, speculations for a bull market emerged at every nook and corner, but that wasn’t to be, unfortunately. Bitcoin (BTC) had a bull run for a few months but kept declining for most of 2019...
Binance Donates $1 Million in Crypto for Australian Bushfire Relief
8.1.2020
The cryptocurrency community is again showing its commitment to support charitable goals around the world. Binance, the most active international digital asset exchange, has donated $1 million to help with Australian fire relief efforts and invites the community to join the initiative. The recent...
COO Parts Ways With OKEx to Focus on Mass Adoption Through Consultancy
8.1.2020
Former OKEx COO starts consultancy to help get projects exchange listings
Binance Crypto Exchange Adds Support for Australian Dollars and Thai Baht
8.1.2020
Binance, the world’s second-largest cryptocurrency exchange, has added support for Australia and Thailand’s fiat currencies
Crypto Custody, Explained
8.1.2020
Crypto custody enables digital assets to be held in large volumes, potentially eliminating a major hurdle for institutional investors who want in #Sponsored
Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream
8.1.2020
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s...