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Upbit investor stock price surges three-fold amid bullish crypto trading in South Korea
7.4.2021
A minority investor in a major South Korean crypto exchange is currently the best performing stock in the country
Coinbase’s Q1 Revenue Soars 9-Fold to $1.8 Billion Ahead of IPO on Nasdaq
7.4.2021
Coinbase has announced its earnings estimates for the first quarter of 2021. The company says its estimated revenue for the period is nine times more than the amount generated in the same period last year. In addition, the crypto platform says it has 56 million verified users and a total trading...
Binance Boss CZ Only Has Eyes for Bitcoin and BNB
7.4.2021
Changpeng Zhao. Source: Instagram, Binance
Changpeng “CZ” Zhao, the head of Binance, one of the world’s biggest crypto exchanges, said that his crypto portfolio is made up entirely of bitcoin (BTC) and his own company’s binance coin (BNB).
In a Twitter post, Zhao wrote that while Binance “holds...
CEO of biggest crypto exchange has ‘close to 100%’ of net worth in crypto
7.4.2021
Binance founder and CEO Changpeng Zhao is placing his bets on crypto
Prepare Your Crypto Startups as Binance is Shopping
7.4.2021
Source: a screenshot, Instagram/binance
Major crypto exchange Binance plans to do about three acquisitions every month, according to CEO Changpeng Zhao (aka CZ).
Binance is "actively doing acquisition deals, especially in a lot of these new areas. My view is I’m not an expert in these areas...
How banks can identify money laundering involving crypto, explained
7.4.2021
What are the tools that banks and financial institutions need to identify money laundering involving crypto? This explained guide reveals all
Record first quarter for institutional crypto investment products: CoinShares
7.4.2021
Assets under management for institutional funds have hit a record high of $59 billion
Hackers Target Github Server Infrastructure to Mine Cryptocurrencies
7.4.2021
Github services is under investigation after a series of reports on attacks against one of its infrastructures by running unauthorized crypto mining apps. Cybercriminals allegedly exploited some security flaws that could have been exploited to mine cryptos illicitly. Attacks Exploit ‘Github...
North Korean Hackers Threatened Bithumb Exchange With a $16M Ransom Amid the 2017 Data Breach, Says Report
7.4.2021
A new report commissioned by the U.S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb. Hackers...
At Least 10 South Korean Crypto Exchanges’ ‘Survival Not Guaranteed’
7.4.2021
More South Korean crypto exchanges are almost certain to fold in the months ahead, regulators and industry insiders have claimed, with just five months left before some of the toughest policing measures in the world come into force.
Per Fn News, regulatory sources familiar with the matter claim...
Ripple wins access to SEC discussions on defining crypto assets as securities
7.4.2021
Ripple’s lawyers will dig through the SEC's internal discussion on crypto for mention of XRP
NBA Team Sacramento Kings to Offer Players the Option of Getting Salary Paid in Bitcoin
7.4.2021
The Sacramento Kings, an American professional basketball team, will offer everyone in its organization the option of getting their salary paid in bitcoin. This includes all players, according to the NBA team’s chairman, Vivek Ranadivé. The Sacramento Kings to Offer Salaries in Bitcoin...
Nexo Sued for ‘Unlawful’ Liquidation of Clients’ Collateral XRP Amid SEC’s Ripple Lawsuit
6.4.2021
Crypto lending firm Nexo is facing a class-action lawsuit filed by an XRP investor for “unlawfully” suspending the use of the cryptocurrency as collateral without giving notice to clients and subsequently liquidating the tokens. This happened following the lawsuit filed by the U.S....
Rewards system allows decentralized messaging app users to earn crypto
6.4.2021
The messaging app project was aimed at avoiding third-party data harvesting
CoinMarketCap removes South Korea crypto exchanges from Bitcoin price tracker
6.4.2021
“If the prices on South Korean exchanges stabilize, then we will add the data back in, but that hasn’t happened yet,” said a CoinMarketCap spokesperson
Oracle Token Chainlink Replaces XRP in Grayscale’s Strategic Large Cap Fund
6.4.2021
The digital currency manager Grayscale Investments announced that the firm has updated its Digital Large Cap Fund (GDLC) in order to add the crypto asset chainlink to the fund. Chainlink is the popular blockchain oracle network and the token will replace XRP after Grayscale removed the digital...
Crypto lobby groups are gaining traction in Washington as the threat of regulatory bottleneck looms
6.4.2021
The blockchain industry is looking to shed the negative association between digital assets and crime as the threat of additional regulatory oversight looms
Can crypto trading and investing be taught in just one book?
6.4.2021
"Digital Assets" gives would-be investors and traders the basic tools and knowledge they need to enter the market with at least half an idea of what they are doing
Russian lobby group launches new campaign against anti-crypto laws
6.4.2021
According to Russian crypto advocates, the existing laws “do not meet the needs” of the cryptocurrency market
Coinbase and Square lead new crypto lobbying effort
6.4.2021
The Crypto Council for Innovation is looking to lead the charge for sensible cryptocurrency regulations around the world