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Ireland Seizes Bitcoin Stash Worth $56M But Can’t Sell for 7 Years


Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56.1M) of BTC was the biggest...

Bitcoin’s $10k Value Pushed Down by CME Futures Price Gap


Just recently BTC prices surpassed the $10,000 zone and held above that region for around 24 hours. Some speculators believe the price of BTC dipped below the $10k range on Monday, after the price aligned with the price gap on CME Group’s global market exchange. During the course of 2019...

Dubai Launching Crypto Valley in Tax-Free Zone


A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups...

Eastern Europe Sees More Fiat Options for Trading Crypto


The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors...

Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone


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...

Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas


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....

HSBC Closes 2 Branches Following New Protests in Hong Kong


HSBC had two of its Hong Kong branches closed on Jan. 2, the first working day of the year, following attacks by protesters during the latest anti-government demonstrations on New Year’s Day. The banking giant also closed seven indoor ATM clusters and announced on Friday it will suspend...

Asia’s Love Affair With Blockchain Is Blossoming


Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of...

Cardano (ADA) Holds a Slight Bullish Crossover; Rises Above Oversold Region


Cardano price around the 7-day low at $0.0366 The current price is rightly supported by the 9-day MA In the past seven days, ADA/USD has hit the highest at $0.0392 ADA faces the inability to trade at and above $0.040—the major resistance price point Cardano News Today Cardano coin, just like...

European Banks Struggle With Low Interest Rates and Strict Regulations


Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....

Bitcoin Rises Drastically within No Time; Hits the Overbought Region


Bitcoin trades above $7,000 after having hit bottom around $6,900, just at the time of writing BTC price gains support as it takes a steep climb above $7,100 The Green long candle has hit the right direction only if it would stay Bitcoin price trend looks like a half hourglass, from trading around...

HSBC Closes Account Used to Support Hong Kong Protesters


For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest...

iSunOne Establishes Itself as the No 1 Blockchain Application in ASEAN Region


Having established itself as a highly reputed FinTech and media giant, TideiSun Group has added yet another achievement to its credit list. The Hong Kong-based firm has announced that its unprecedented blockchain platform iSunOne has achieved the auspicious milestone of a strong network comprising...

China's Region Targets Miners; Binance Blocked on Weibo + More News


Source: iStock/LOVE_LIFE 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. China news Despite China's U-turn on Bitcoin mining, Chinese local governments are strengthening...

Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin


Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...

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