South Korea’s Top Financial Watchdog Joins Probe Into Cryptocurrency Exchanges
Korea’s top financial regulator joins ongoing probe into country’s crypto exchanges in order to widen its scope Go to Source Powered by WPeMatico
Month: May 2018
Only 8.5% of Bitcoin and Cryptocurrency Traders Are Female
A new demographic analysis of people trading in cryptocurrencies has brought up some intriguing results such as that only very few are female, most have little to no previous experience, and many are students or working in sales and marketing roles. Also Read: Israel Tax Authority Hunts for Bitcoin Traders on Social Media Understanding Trading … Read more
100+ Crypto Exchanges in South Korea – Government’s Real-Name System Ineffective
There are reportedly more than 100 exchanges in South Korea, most of which are not using the government’s real-name system. None of the small and medium-sized exchanges can use this system since banks have opted to only provide this service to the country’s largest exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 30% … Read more
What Is Digi-ID?
Digibyte’s developers have been working diligently on their Digi-ID solution for some time now. With this functionality finally being rolled out in an official capacity, the community seems rather excited about what the future holds. Now is a good time to recap what Digi-ID is exactly and how it may make an impact. The Concept … Read more
Hodler’s Digest, May 7-13: From Facebook To NYSE, Mainstream Thinks Of Adoption
More insults flew this week from Wall Street–crypto as “baby brains”–but blockchain adoption wins across the globe balanced out the crypto week Go to Source Powered by WPeMatico
Substratum Releases Early Open Beta of Its Protocol
Cryptocurrency and blockchain products can solve a lot of pressing issues plaguing the world today. With internet censorship being a very big trend as of right now, it is evident people will need to find a new solution in order to access the information they desire. Substratum aims to provide that solution, and the project unveiled its … Read more
Zimbabwe Bans All Cryptocurrency Activity, Businesses Have 2 Month Grace Period
Zimbabwe’s central bank issued Circular to Banking Institutions No. 2/2018: Virtual Currencies, effectively banning all crypto activity in the African nation. Businesses dealing in decentralized currencies have 60 days to comply. Also read: India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now Zimbabwe Bans Crypto Issued 11 May, the Reserve Bank of Zimbabwe, … Read more
Upbit’s “Investigation” Has Nothing to Do with Fraud, Everything to Do with Pooled Liquidity
As is usually the case when the cryptocurrency markets are taking a beating, people want to know what is driving this bearish pressure. It appears the South Korean media has misreported an ‘incident’ involving popular domestic exchange Upbit. While there is an irregularity being investigated, it seems this is mainly based on a big misunderstanding. … Read more
Facebook’s Own Cryptocurrency Won’t See the Light of Day Anytime Soon
Various technology firms have made it clear that they aim to issue their own cryptocurrency or digital token. Telegram has done so, LINE will be doing so, and now Facebook is apparently getting “very serious” about their own cryptocurrency. Although this idea has been proposed in the past, it remains to be seen whether or … Read more
Put Your BTC and ETH to Work Today on KAMBO!
May 13, 2018: If you’ve ever wished that you could gain more from your idling cryptocurrency portfolio without having to sell it off and miss out on any upside potential, then Kambo is the answer to your problems. Disclosure: This is a Sponsored Article Launched this week, the Kambo platform provides loans for users that … Read more