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South Korea Passes Law to Introduce Permit System for Crypto Exchanges
5.3.2020
Virtual currency exchanges in South Korea will soon have to report their activities to regulators after receiving real-name confirmed bank accounts
Indian Crypto Exchanges Resume Fiat Services 24 Hours After Supreme Court Ruling
5.3.2020
Less than a day after India’s Supreme Court overturned a ban on banks’ services to crypto, the industry’s leading exchanges have re-opened fiat services
Bitcoin Legal in India: Exchanges Resume INR Banking Service After Supreme Court Verdict Allows Cryptocurrency
5.3.2020
Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto industry. News.Bitcoin.com talked to several crypto exchange executives to find out the effects of the supreme court ruling and what their exchanges plan...
The Beginner’s Guide to Buying Goods on the Darknet
5.3.2020
Darknet markets (DNMs) supply all manner of goods, some legal, others less so, but all purchasable with cryptocurrency and delivered to your door. Indeed, many people’s first exposure to bitcoin is when they have the need to purchase something off the darknet. For shopping of last resort,...
UK Financial Watchdog Retracts Kraken Warning, but BitMEX Caution Stays Up
5.3.2020
The UK regulator has issued a ‘scammers’ warning about BitMEX and Kraken — but was forced to quickly retract the notice about Kraken
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...
Nigerian Naira Is First African Fiat Currency Supported on Binance P2P
4.3.2020
Binance P2P launches support for the Nigerian Naira as its first African currency as part of the ongoing fiat-to-crypto expansion
Binance Halts Trading Again, Does Not Appreciate Offer of ‘Help’ From OKEx
4.3.2020
As Binance halts trading to undergo more unscheduled maintenance, its CEO blocked the CEO of competing exchange OKEx after the latter offered ‘help’
Bitcoin Lawsuit: Lawyers Accuse Craig Wright of Forgery, Can’t Locate Former Nchain CEO
4.3.2020
The Kleiman v. Wright lawsuit in Florida continues to unravel as the plaintiff’s law firm has accused Craig Wright of forging documents that allegedly stemmed from the mysterious bonded courier. Kleiman’s attorney has scheduled a few more depositions with people like Wright’s wife...
Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty
4.3.2020
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed...
Ukraine's Officials Will Need to Report Crypto as ‘Intangible Assets'
4.3.2020
Ukrainian officials must report crypto holdings as part of national anti-corruption measures
USDZ Capital Group Launches USDZ Stablecoin
4.3.2020
Stablecoin is a cryptocurrency pegged to less volatile external assets such as official currencies, precious metals, or oil. The value of a stablecoin can also be pegged to other crypto-assets or fixed by algorithms. Stablecoins retain the same value as the underlying asset and are not subject...
Relm Launches Insurance Coverage for Cryptocurrency and Cannabis Groups in Tough Regulatory Climate
4.3.2020
Bermuda-based insurance company Relm has announced an official launch of operations, issuing a press statement March 3, stating the group will “focus on digital asset (cryptocurrency) enterprises and cannabis and hemp related businesses.” The business, owned by Deltec International...
Indian Supreme Court Rules in Favor of Cryptocurrency — RBI Ban Lifted
4.3.2020
A historic day for the Indian crypto community, the supreme court has finally ruled on the case against the banking ban by the central bank, the Reserve Bank of India (RBI). The court held that the RBI circular which places a banking ban on the crypto industry is unconstitutional. Also read:...
Bitcoin Cash Node Reveals Upgrade Plans for May and Difficulty Algorithm Research
3.3.2020
On March 2, the developers behind the Bitcoin Cash Node project announced the team’s plans for the May upgrade and beyond. The programmers highlighted that the implementation was built to follow the longest chain, regardless of whether the Infrastructure Funding Plan (IFP) is voted...
DDoS Attacks on OKEx and Bitfinex Were Sophisticated, Possibly Related
3.3.2020
DDoS attacks on OKEx and Bitfinex might indeed be related: A closer look reveals that both of them sophisticated and large in scale
Major Crypto Exchanges Lament Outsized Scrutiny From US IRS
3.3.2020
Major crypto exchanges fear that U.S. regulators see the industry as far more dangerous than it really is, posing major obstacles to development
There Are Now Over 7,000 Cryptocurrency ATMs Worldwide
3.3.2020
The world now has over 7,000 cryptocurrency ATM machines, spanning 75 countries
Poloniex Exchange: Redefining Trust Factor in Cryptocurrency Trading
3.3.2020
Poloniex deserves a special mention in the field of cryptocurrency exchanges as the trading platform has consistently set new benchmarks of safety and security since its inception in 2014. In addition to providing a wide range of options in trading cryptocurrencies, one of the distinguishing...