News

At the Blockchain Open Forum in Seoul, South Korea, China’s first crypto exchange BTCC CEO Bobby Lee said that investors in China are still trading cryptocurrencies even after the Chinese government imposed a ban on crypto trading in September 2017. Weird Regulatory State of Crypto in China The blockchain and cryptocurrency sector is in an […]

With the rise in popular interest, the cryptocurrency sector has seen several stablecoins emerge in decentralized and centralized forms. Backed by Coinbase and Peter Thiel, Reserve stablecoin is the latest addition to the digital asset marketplace. A Next-Gen Stablecoin Based in San Fransisco, Reserve stablecoin raised $5 million in its seed round from over 40 funds […]

Over the past week, Bitcoin dipped below $6,000 for the first time since October 2017. Now, the cryptocurrency market is up 5% over the past 24 hours and BTC appears to have found new support. At press time, 95 of 100 top cryptocurrencies are in the green.

As one of the earliest adopters of institutional digital assets trading, Susquehanna International Group, founded in 1987, has been ahead of the blockchain curve – actively trading cryptocurrencies for the past two years. Wall Street is Old News In contrast to traditional financial markets, cryptocurrency draws a worldwide, 24/7 audience of retail and institutional investors. As […]

The Indo-Aryan-speaking Rohingya people in Myanmar’s Rakhine state are encountering the dire issue of persecution and ethnic cleansing. Fortunately, many individuals and groups are using blockchain technology to help refugees in innovative ways beyond just remittances. Who are the Rohingya People? The 3.5 million Rohingya people are a stateless, predominantly Muslim ethnic minority who’ve historically faced […]

Line, the second-largest chat messaging app in Southeast Asia and the most popular chat service in Japan, announced the impending launch of a new cryptocurrency exchange called BitBox. The new exchange, scheduled to go live in July 2018, follows an announcement issued in January by the chat giant heralding the creation of a new financial […]

Last week, Bithumb–one of South Korea’s largest digital currency exchanges–was hacked for $31 million in various cryptocurrencies. Announced on June 28, 2018, Bithumb confirmed the recovery of nearly half the stolen funds. Last Week’s $31 Million Hack Reported on June 19, Bithumb temporarily suspended withdrawal and deposit services following a 35 billion KRW (~$31 million […]

The hotly-contested nature of EOS decentralization and governance remains at the forefront of blockchain community discussion. The recent inaction of an EOS block producer — resulting in the loss of 3,570 EOS, or about $27,500 — brought the EOS governance model under harsh scrutiny over the past week, as industry experts and observers debate whether […]

A Southern District Court judge in Florida produced a report arguing why Centra Tech’s ICO tokens should be classed as securities. Hit with a class-action lawsuit for violating US securities law, several of the Centra Tech team members already face prosecution by the US Government — having had 91,000 Ether seized from the project’s ICO […]

Kim Yong-bum, the Vice Chairman of the Financial Services Commission and one of the main financial regulators in South Korea, expressed optimism towards the cryptocurrency market and the disappearance of the “Kimchi Premium” which exceeded 30% at the cryptocurrency market’s peak in December 2017. Why Premiums Existed in the First Place Merely seven months ago, […]