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Report all crypto transactions or face 5-year jail term in South Korea
16.3.2021
Strict reporting rules for crypto businesses in South Korea are set to come into effect with existing firms given six months to comply or face stiff penalties
Gas tokens gain 300% as the quest for Ethereum network alternatives expands
15.3.2021
Gas tokens quietly move higher as the cost of transacting on the Ethereum network highlights the benefits of dual-token models with stable fees
Binance crypto exchange launches payments app in alpha
12.3.2021
One of the world's largest cryptocurrency exchanges is further expanding into the payments sector
South Korean Crypto Transactions Command an Average of $7 Billion per Day on Domestic Exchanges
9.3.2021
An investigation unveiled a growing fever among crypto traders in South Korea, who actively transact cryptocurrencies every day. Local media outlets are returning to adopt the term “crypto fever” as the recent billion-dollar figures confirm such a trend. Figures Are Now Higher Than 2018...
Mark Cuban sees $1 written in DOGE's tea leaves
7.3.2021
"If we sell another 6,556,000,000 DOGE worth of Mavs merch, Dogecoin will definitely hit $1," said the Dallas Mavericks owner
What Ethereum killer? On-chain data shows competitor networks are still behind
6.3.2021
Critics say Ethereum’s soaring gas fees will cause the project to fall victim to its competitor blockchains but on-chain data suggests otherwise
Indictment Order Issued Against Leaders of the Geek Group for Their Role Using BTC in an Illegal Money Transmission Business
6.3.2021
A U.S. District Court has indicted three individuals behind the now-defunct Geek Group for their role in running an illegal money transmission business that used bitcoin to move funds across states. According to the indictment documents, it was Christopher Allan Boden then president of the Geek...
Total Privacy for Bitcoin Transactions - with Coinomize
5.3.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
There is no need to tell you how many people have entered the crypto field in 2021, especially given the recent Bitcoin bull run.
Although Bitcoin has been around for 12 years, businessmen like Elon Musk...
Bitcoin and Ethereum slow down as transaction values and fees plunge 70%
4.3.2021
On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees
Cyber Criminals Are Now Hiding Their Stolen Cryptos 13x Faster, Says Report
26.2.2021
A new report unveiled a growing trend of efforts from cybercriminals hiding their stolen cryptocurrencies through different transaction flows. Crystal Blockchain pointed out that since 2019, the volume of stolen bitcoin grew significantly. Only 8% of the Funds Were Transferred to Exchanges With...
Bitcoin price 'macro top'? Not so fast — data shows the real FOMO isn't even here
26.2.2021
If this bull cycle is like 2017 or even 2019, then the majority of investor "FOMO" and associated price gains lie ahead
Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’
26.2.2021
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best...
Ethereum on track to settle $1.6 trillion this quarter
25.2.2021
Ethereum's quarterly settlement value is on course to increase by 1,280% year-over-year
Speechwriter for Former US President George Bush Says BTC Rally Driven by ‘Historically Low Interest Rates’
23.2.2021
A speechwriter for former U.S. President George W. Bush and a bitcoin critic, David Frum has claimed that the low-interest rates are fueling the crypto asset’s rally. Frum suggests that the crypto asset might experience a “fast and deep price crash” if and when interest rates...
South Korean Financial Regulator Confirms Privacy Coin Delistings- Adds New Guidelines to Report Unusual Transactions
22.2.2021
South Korean financial watchdogs are about to start overseeing crypto-related activities in the nation, and additional barriers for exchanges keep appearing. Moreover, one of the South Korean regulatory bodies codified the measures announced last year on privacy coin listings. No Major Domestic...
IMF Representative of Nigeria Calls for Caution Over the Use of Cryptocurrencies
20.2.2021
The International Monetary Fund (IMF) resident representative for Nigeria, Ari Aisen recently discussed the Central Bank of Nigeria (CBN) directive that targets crypto entities. In remarks made during a special virtual press briefing, Aisen repeats some of the CBN’s claims that...
Janet Yellen Stresses Importance of Crypto Regulation, Making Sure Bitcoin Is Not Used in Illicit Transactions
19.2.2021
U.S. Treasury Secretary Janet Yellen has reaffirmed that it is important to ensure that bitcoin and other cryptocurrencies are not used for illicit financing. In addition, she stresses the importance of regulating institutions that deal with bitcoin. Janet Yellen Claims It’s Important to Make...
BTC Transaction Stuck? Bitcoin Cash-Powered Accelerators Can Speed Up Transfers
18.2.2021
At the time of publication, there’s more than 69,000 transactions waiting in line to get confirmed by a bitcoin miner. Since bitcoin’s price rise, at certain times, transaction fees have climbed to $10 to $20 per transfer, and people who pay less than the median fee may have to wait...
Blockchain-Backed NFT Market Value Grew 299% in 2020
18.2.2021
A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year. Two analytical firms behind the studies stated that the NFT industry grew by 299% in 2020. Total Number of Active Wallets Rose by 97% According to the NFT Report 2020, published...
Robinhood announces plans to offer crypto deposits and withdrawals
18.2.2021
Robinhood’s reputation has taken a battering lately but it hopes to regain credibility among the crypto community by introducing cryptocurrency transfers