Places Asia

At the Mobile World Congress in Barcelona, the CEO of Japanese electronic Rakuten, Hiroshi Mikitani, announced that his company is planning a new cryptocurrency based on their existing customer rewards points. When Rakuten purchased Bitnet in 2016, they clearly had eyes on developing blockchain tech and apps. Rakuten Coin is the fruition of their work […]

Japanese cryptocurrency exchange Zaif has recently experienced a “system glitch” that allowed traders to temporarily purchase Bitcoin for free, resulting in one user “buying” more than $20 trillion dollars worth of Bitcoin. The glitch, which occurred between 5:40 p.m. and 5:58 p.m on February 16th, was announced via a post on the exchange website and […]

A ranking official responsible for the South Korean crackdown on cryptocurrencies was found dead in his home in Seoul on Sunday. Jung Ki-joon, the head of Economic Policy at the Office for Government Policy Coordination is reported to have died of a heart attack while sleeping on the 18th of February. While South Korean police […]

The Indian government recently declared Bitcoin and other cryptocurrencies illegal tender within its borders which has since seen crypto exchanges all over the country scrambling to create a plan of action. To address this issue, Indian crypto exchanges intend to develop a database of users that will become active on the network as they help […]

It seems blockchain technology is everywhere nowadays, and if you do a quick Google search it would appear that it can be used in every industry on earth. Giant companies are keen to get in on this latest trend including Walmart, Maersk, British Airways, Visa and FedEx to name a few. However, one industry where […]

In a brand new strategic move to completely eradicate the crypto and ICO industry from their market, China has decided to block access to any cryptocurrency and ICO-related website to anyone within the mainland’s borders. Many experts believe that China’s new power move was a long time coming. China had long ago established its position […]

The supersonic boom of a new coin hitting exchanges is nothing new, yet it prompts the question: are people buying into something they understand, or merely jumping on any old coin when the timing’s right? ChatCoin is another new player on the scene experiencing a price eruption after being listed on Binance. “ChatCoin Up 500% […]

South Korea’s head of Ministry of Strategy and Finance, Kim Dong-yeon, announced Thursday that they have no plans to shut down cryptocurrency. He also added that they would not go as far as China has gone, who has shut down exchanges whilst trying to understand how to regulate the market. Dong-yeon told Reuters: “Regulating exchanges […]

Hong Kong is planning to launch a series of television ads that warn viewers about the dangers and risks associated with buying into ICOs and cryptocurrencies. These days it’s unsurprising that local governments try to warn their citizens about the risks of investing in cryptocurrencies. Some governments across the world have issued written warnings to […]

Who says we can’t #PayWithCrypto? Japan’s largest electronics chain, Yamada Denki and one of the largest e-commerce platforms in South Korea, WeMakePrice, is beginning to experiment with accepting crypto as a form of payment. https://twitter.com/iamjosephyoung/status/958021750603661312 Yamada Denki Japan’s largest cryptocurrency exchange, bitFlyer, will be teaming up with Japan’s largest electronics chain to test out Bitcoin […]

New public and private blockchains are popping up everyday. So much so that research and consulting firm, Deloitte, identified that blockchain interconnectivity as an essential technology development for 2018. The report states that, “Companies should look to standardize the technology, talent, and platforms that will drive future initiatives—and, after that, look to coordinate and integrate […]

Once again, a centralized exchange has problems handling its own money. Although the motives are currently unconfirmed, there seems to have been $530 million worth of NEM hacked from the user base. All withdrawals have been frozen and everyone is waiting for additional updates from Coincheck. We are currently halting deposits, withdrawals, buying and selling of NEM. […]

As more blockchains are created, the need for cross-chain smart contracts becomes significantly greater. One of the most talked-about initial coin offerings over the past few months has been Wanchain — a platform whose goal is to build an interoperable distributed financial infrastructure. The Wanchain initial coin offering began in October 2017 and hit its hard cap […]

This past week we saw a major crypto correction – from a total market cap of $713 billion a week ago to $417 billion by Wednesday. Thankfully, that appeared to be the bottom as the markets climbed back up to $637 billion by Saturday, only to drop again by 10% on Sunday. What’s going on […]

Thoughts of the Korean Peninsula would generally conjure up conflicting images in the minds of most of us. The two countries who share the Peninsula, represent both extremes on the same continuum; much like sweet and sour, if you’ll excuse the pun. The “sour” bit undoubtedly exemplifies the ruler – or, dictator as some call […]

In an increasingly crowded but frustratingly similar ICO environment, platforms are looking for ways to differentiate themselves. Many companies have risen to prominence following the same playbook, using similar designs, and publishing the same-sounding articles. Now that the total value of the entire cryptocurrency market is approaching $1 trillion, there is at least some semblance […]

Cryptocurrency markets are down 10% on the false news that cryptocurrency exchanges will be shut down by the government. The price of Bitcoin fell to as low as $12,600 and Ripple was down 25%. This is the second time in the past few weeks when misleading news out of South Korea has sent the crypto markets […]

The mystique, rich culture and breathtaking beauty of China has captivated mankind for centuries. Historians have spent many a lifetime, painstakingly piecing together the timeline of the world’s largest nation, which dates back to 1500 BC. And, especially in more recent years — after an era of political “enlightenment” and globalization — a visit to […]