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Korean Regulators Want to Police All Int’l KRW Trading Crypto Exchanges
13.7.2021
All crypto exchanges must apply for trading permits if they are targeting South Korean investors – no matter where in the world they are based, according to Eun Sang-soo, the head of the South Korean Financial Services Commission (FSC), the top regulator for the financial and crypto industries.
As...
Faze Clan Members Skewered By Fans Following Huge Crypto Losses
28.6.2021
Faze Clan, a video game group known for its vlogs and streetwear releases, is under hot water over cryptocurrency endorsements that have cost fans money. While a scam has not been outright proven, many are questioning whether or not members of the group capitalized on their fame to put a...
New Investments, Miner Migration, US Treasury Nominee on Crypto + More News
22.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Investment firm VanEck filed a new draft prospectus for a bitcoin (BTC) futures mutual fund with the US Securities...
Bank Risk Assessment May Threaten Bithumb, South Korean Crypto Exchanges
21.5.2021
South Korean banks are set to audit crypto exchanges’ senior managers as part of their due diligence and risk assessment protocols for real-name banking contracts – and there are concerns Bithumb officials may struggle to pass the checks due to previous and ongoing fraud allegations.
Bank-conducted...
South Korean Political Heavyweight Lashes Out at Gov’t Crypto Policy
15.5.2021
Ahn Chul-soo. Source: A screenshot, Instagram/ahncheolsoo
The founder of a leading opposition party, the tech guru Ahn Chul-soo of the software giant and antivirus provider AhnLab, has hit out at the South Korean government’s crypto policy.
Per Maeil Kyungjae, Ahn lashed out at the ruling...
Ukrainian MPs Want to Jail People Who Don’t Disclose Crypto Holdings
16.4.2021
The Ukrainian parliament has voted in favor of a bill that proposes to hit people hiding large crypto holdings with lengthy jail terms.
Per an official document from the Verkhovna Rada, the nation’s parliament, the bill passed with a majority of 283 votes, but will now return to the committee stage...
PayPal Crypto, Goldman Sachs Vehicle, BTC Bugatti and 20 Crypto Jokes
3.4.2021
What a week! (Well, another one.) PayPal will launch a service that would allow its customers to pay with BTC, ETH, LTC, and BCH, Visa partnered with Crypto.com to settle transactions in USDC on Ethereum, Goldman Sachs might offer its first investment vehicles for BTC and other unspecified digital...
Power-starved Abkhazians Face Internet Restrictions in Crypto Mining Crisis
31.12.2020
After months of power shortages leading to blackouts, brownouts, planned multi-hour electricity shutdowns and a blazing inferno at a power substation, citizens in Abkhazia are now set to be restricted in their internet activities as the government wages a confused war against crypto mining.
After...
BTC Transfers, CBDC Airdrops, Regulatory Warnings and 20 Crypto Jokes
17.10.2020
It was a fun crypto week. OKEx suspended withdrawals as they couldn't get in touch with a private key holder. Also, somebody moved Satoshi era 1,000 bitcoin again, Marc van der Chijs told us that hodling bitcoin would've been a better strategy than trying to outperform it, Kraken researchers said...
KuCoin Exchange Hacked, Approx. USD 150 Million Worth of Crypto on the Move
26.9.2020
Singapore-based cryptocurrency exchange KuCoin has experienced leakage of its private keys tied with its KuCoin hot wallets, which resulted in a hack of approximately USD 150 million worth of customer funds. The platform has temporarily suspended deposits and withdrawals from its platform, while...
Biggest Darknet Market Allegedly Exit Scams USD 30M In Crypto - Report
26.8.2020
Leading darknet market Empire Market has reportedly shut down its operations, exit scamming the site’s estimated 1.3 million users out of some bitcoin (BTC) 2,638, worth close to USD 30 million.
Reported by dark.fail, a journalist specialized in covering the darknet, the development comes with...
North Korean Hacker Group Targeted Crypto Firm Using LinkedIn Ad: Cybersecurity Report
25.8.2020
According to a report by F-secure, a Finland-based cybersecurity company, hackers from the infamous Lazarus group targeted a crypto firm in an attack last year
Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin
20.8.2020
Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI. It’s very rare...
Back From the Crypt: MakerDAO Toes the Line Between Life and Death
27.3.2020
DeFi barely recovers from a serious blow: “It was only a matter of time before the shockwaves from the growing financial crisis shook the very foundations of MakerDAO”
Three High Profile Crypto Networks Face Reward Halvings This Spring
28.1.2020
This spring, three of the largest crypto networks, BTC, BCH, and BSV, will undergo their halvings around the same time for the first time in history. During the last halving in 2016, only one network existed, but now three protocols share the same consensus algorithm. Google Trends shows that...
Biometric Cards and Fund Savers: The Marvelous World of Crypto Wallets
7.1.2020
The world of cryto, and funds in general, is a dangerous place as it's intriguing to many types of bad players, all of which are targeting our coins, just waiting for an opportunity to put their fingers into our wallets. That's why the wallet creators are in a constant race of who can offer...
Token Quality is Not the Main Criteria When Choosing a Crypto Exchange
12.11.2019
Analyzing cryptocurrency exchange users and their preferences, Beijing-based token data and rating agency TokenInsight found that people’s number one concern when choosing and using an exchange is safety.
For the exchange personas section of their latest cryptocurrency exchange industry research...
CoinMarketCap to Replace Volume With a New Metric + More Crypto News
12.11.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Exchanges news
The most popular crypto market data provider CoinMarketCap announced the launch of its new Liquidity ranking...
Bitcoin Mining Difficulty Estimated to Drop Again + More Crypto News
11.11.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Mining news
After seven increases in a row, the Bitcoin mining difficulty dropped by 7.1% on November 8 and is estimated...
China's Digital Fiat to Substitute Paper Money + 12 More Crypto News
6.11.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Digital fiats news
China's digital fiat, the Digital Currency Electronic Payment (DCEP), is designed to substitute existing...