DIGIT

Japan’s GMO Wants to Borrow Bitcoins from Customers

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Japanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar to the one launched by the hacked exchange Coincheck last year. Also read: Japan’s DMM Bitcoin … Read more

South Koreans Ask Government for Cryptocurrency and Blockchain Regulation-Free City

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Residents and citizens of South Korea have formally requested the country’s government and the executive office of President Moon Jae-in, better known as the Blue House, to provide a cryptocurrency and blockchain regulation-free city within the country. For many years, the South Korean government has utilized a petition system to communicate with its citizens and potentially … Read more

Bitcoin Price Watch: Bulls Are Back as Currency Reaches $8,100

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Bitcoin is on the rise. After yesterday’s impressive surge to $7,600, the currency has once again defied all odds and spiked beyond the $8,000 mark. At press time, bitcoin is trading for just over $8,100, and is once again reminding enthusiasts of why they got involved in crypto-trading in the first place. The currency had … Read more

Yahoo! Japan Confirms Entrance Into the Crypto Space

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Yahoo! Japan has confirmed that it is entering the crypto space by acquiring a stake in a Japanese cryptocurrency exchange that is already licensed by the country’s financial regulator. The company plans to launch a crypto exchange in the fall of this year. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Yahoo! … Read more

Bitcoin Mining Operation Allegedly Causes Power Outage in Orenburg, Russia

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Russia has always been an interesting country when it comes to cryptocurrency. Government officials remain on the fence about whether or not to allow this industry to thrive. The Russian Interior Ministry has suddenly decided to halt several Bitcoin mining operations due to the “misappropriation of electricity” in Orenburg. Bitcoin Mining in Orenburg is Problematic There have … Read more

Texas State Securities Board Has Uncovered 32 Illegal Crypto Offerings Since December

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Texas has always been an interesting state, even though it tends to do its own thing. Even so, the Lone Star State is keeping a very close eye on cryptocurrency offerings and the risk of fraud associated with this particular business model. Unfortunately, it seems there are a lot of ongoing investigations in this regard, which further confirms … Read more

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