BTC

Policy Easing, New Crypto Classification in South Korea

7 days ago admin2 0
Regulation South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has Read More

Europe’s Top Speed Trading Firm Flow Traders Joins the Crypto-Economy

1 week ago admin2 0
News This week one of Europe’s largest speed trading platforms and exchange-traded fund (ETFs) dealers, Flow Traders NV, announced the firm is entering the cryptocurrency space by offering bitcoin and ethereum exchange-traded notes (ETNs) to its clientele. Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services Speed Trading Platform Flow Traders Enters the Cryptocurrency Read More

Thailand Officially Announces Rules for Token Issuers, Portals, and Investors

1 week ago admin2 0
Economy & Regulation The Thai Securities and Exchange Commission (SEC) has officially announced its regulations for initial coin offerings (ICOs). The rules specify requirements for ICO portals, issuers, as well as who can invest in tokens. The Commission has also provided a series of infographics to explain the regulations. Also read: Yahoo! Japan Confirms Entrance Into Read More

Bitcoin Cash Sees More Infrastructure, Applications, and Protocol Innovation

2 weeks ago admin2 Comments Off on Bitcoin Cash Sees More Infrastructure, Applications, and Protocol Innovation
News Over the past few weeks, the cryptocurrency Bitcoin Cash (BCH) has seen a lot of new infrastructure support, applications, and protocol innovation. While everyone has been watching the bearish markets across the digital currency economy, in general, there’s a lot of action happening within the BCH ecosystem that supersedes its current price speculation. Also Read More

Startup Raises $600K to Build Bitcoin Cash Mobile Wallet

2 weeks ago admin2 Comments Off on Startup Raises $600K to Build Bitcoin Cash Mobile Wallet
CoinText.io, a blockchain startup developing a way to conduct offline bitcoin cash transactions, closed a $600,000 seed funding round, the company announced Friday. Lead by Texas-based Yeoman’s Capital, which has previously invested in Fantom, OpenGarden and tZero, the funding round will be used to develop a mobile wallet which can support bitcoin cash transactions conducted Read More

Coinsecure Exchange Reveals Compensation Plan With a Catch

3 weeks ago admin2 Comments Off on Coinsecure Exchange Reveals Compensation Plan With a Catch
News The Delhi-based cryptocurrency trading platform Coinsecure has officially announced its claims process for customers who were affected by the culprit who stole 438 BTC from exchange this past April. The firm plans to compensate Coinsecure users with Indian rupee as long as they sign an agreement that releases the company from any future liability. Read More

Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance

3 weeks ago admin2 Comments Off on Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance
Exchanges South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Theft Amount Reduced South Read More

Korean Government Launches Investigation into Crypto Hacks

3 weeks ago admin2 Comments Off on Korean Government Launches Investigation into Crypto Hacks
Regulation Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that Read More

Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses

4 weeks ago admin2 Comments Off on Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses
News Japanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent. They are accused of violating the law banning the use of computer viruses. Some people have already been fined. The police have been monitoring the Coinhive program since Read More