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New Law May Kill Smaller South Korean Crypto Exchanges + More News
28.1.2020
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.
Exchanges news
Smaller South Korean exchanges could be forced to close if the government pushes ahead with plans to impose tighter...
Nimbus Receives Ethereum Foundation Grant to Work on Light 2.0 Client
28.1.2020
Nimbus receives grant to develop Ethereum 2.0 clients that can run on smartphones
Hack this Bitcoin Wallet and its Owner Will Give You USD 250,000
28.1.2020
If you’ve got high-level IT skills and fancy making a cool USD 250 thousand, one company wants to hear from you. All you need to do is break into their crypto wallet – and make away with thousands of dollars’ worth of Bitcoin.
But the firm says the task won’t be an easy one, as they believe...
XRP Remains in Red for the Week While Other Coins Surge
28.1.2020
XRP, the digital token affiliated with the San Francisco-based fintech firm Ripple, has been rather disappointing for investors this past week, as it remains in the red for the week while most other coins are seeing gains.
As of pixel time (13:04 UTC), XRP trades at c. USD 0.233 and is up by 1.2%...
UK High Court Orders Freeze on $1M of Bitcoin in Ransomware Case
28.1.2020
A UK court has ordered to freeze over $1 million in Bitcoin from a Canadian insurance firm in a ransomware attack
Bitcoin.com Update: Dev Fund Proposal ‘Will Not Go Through’ Without More Agreement
28.1.2020
The BCH infrastructure funding proposal initially announced by Jiang Zhuoer on January 22 will not go through as planned without greater agreement in the Bitcoin Cash community, Bitcoin.com has announced via a read.cash post uploaded today. Also Read: Heated Debate Continues Over Bitcoin Cash...
UK Court Freezes a Ransomware-linked Bitcoin Account on Bitfinex
28.1.2020
Source: iStock/Ja'Crispy
The business and property division of the British High Court has instructed crypto exchange Bitfinex to freeze a bitcoin (BTC) account containing funds worth USD 860,000 after hearing that its owner may have links to a ransomware scam.
Per documentation released by...
Draft of India’s National DLT Strategy Calls for State-Run Digital Rupee
28.1.2020
A draft of an Indian national blockchain strategy suggests the development of a digital rupee on a permission public blockchain
Hearing Concluded: Indian Supreme Court Deliberates on Crypto vs RBI Case
28.1.2020
The Indian supreme court has finished hearing the crypto vs. Reserve Bank of India (RBI) case. The hearing concluded on Tuesday with the counsel for the Internet and Mobile Association of India wrapping up his arguments, followed by arguments by the counsel representing crypto exchanges. The court...
Competing Bitcoin Cash Mining Pool Averted 'For the Time Being'
28.1.2020
A pool of anonymous Bitcoin Cash (BCH) miners decided not to start the competing pool “for the time being” and will continue to support the BCH pools after supporters of the controversial proposal clarified their ideas.
The group believes that Bitcoin.com, an operator of a BCH mining pool, will...
Oil Giant Saudi Aramco Buys Into Blockchain Trading Platform Vakt
28.1.2020
Saudi Aramco joins Shell, BP, Chevron and others in using Vakt’s blockchain-based oil trading platform
BTC Price Back at $9,000 But No, Coronavirus Isn't 'Good for Bitcoin'
28.1.2020
Bitcoin’s weekly gains will not see constant support from coronavirus uncertainty, trader says
Bitcoin Plays With USD 9,000, While Virus Fears Weigh on Stocks
28.1.2020
Bitcoin (BTC) is once again trading around USD 9,000, while the risk-off sentiment has hit stock markets across the globe hard in recent days.
At pixel time (10:35 UTC), BTC trades at c. USD 9,010 and is up by 4% in the past 24 hours and the past week. Earlier today, the price reached USD 9,100...
Singapore Act to License Cryptocurrency Firms Comes Into Effect
28.1.2020
Starting today, Singaporean cryptocurrency firms are required to hold a license issued by a local regulator
British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout
28.1.2020
A U.K. court has ordered Bitfinex to freeze nearly $1 million in bitcoin after the crypto exchange and blockchain sleuthing firm Chainalysis traced the funds to a ransomware payment
Bitcoin and Altcoins Signaling Bullish Continuation
28.1.2020
Yesterday, we discussed the chances of more upsides in bitcoin price if it climbs above the USD 8,650 and USD 8,850 resistance levels. BTC/USD did rise above the USD 8,850 resistance and it even surpassed the USD 9,000 resistance. It tested USD 9,150 and is currently (09:00 UTC) correcting...
Swiss Bank Julius Baer Offers New Digital Asset Services With Licensed Crypto Bank SEBA
28.1.2020
Switzerland, a nation that’s been quite positive towards crypto business, is facilitating the integration between its traditional financial sector and the blockchain industry. With greater regulatory clarity and stability coming, established banks are plucking up the courage to offer digital...
Tone Vays: Bitcoin Must Hold $9K for 2-3 Days to Secure Bull Market
28.1.2020
Bitcoin price needs to prove itself over several days before I turn bullish, says Tone Vays
Blockchain Spending Plummets at Russian Giant Rostec as Hype Wanes
28.1.2020
The state-sponsored Russian technology firm Rostec aims to halve its blockchain research and development fund and now estimates smaller effects on the economy.
The company stated that it plans to spend RUB 28.4 billion (USD 453.2 million) on blockchain technology by 2024, Kommersant reported...
Gemini Europe Hires New Chief Compliance Officer for Europe Expansion
28.1.2020
Gemini cryptocurrency exchange appoints RBS veteran as new chief compliance officer for its push into Europe