Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Service
Veerathai Santiprabhob, the Central bank governor of Thailand, reportedly endorsed startup Everex’s blockchain remittance system Go to Source Powered by WPeMatico
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Bloomberg: Bitcoin’s Recent Renaissance Could Be Linked to Algorithmic Trading
Algorithmic trading funds might have triggered the recent market recovery, Bloomberg reports Go to Source Powered by WPeMatico
US Institutional Crypto Exchange Seed CX Expands to Asia With New Partnership
Singapore-based fintech company Hydra X has partnered with United States-based institutional crypto exchange Seed CX to bring its offerings to Asia Go to Source Powered by WPeMatico
Bitcoin Enters Sixth Day of Stability as Analysts Predict Mixed Mood in Asian Markets
Major cryptocurrency markets are continuing what has become a sixth day of little volatility Go to Source Powered by WPeMatico
UN Panel Says North Korea Obtained $670 Million in Crypto and Fiat via Hacking: Report
A report presented to the U.N. Security Council claims that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018 Go to Source Powered by WPeMatico
Global IT Firm Cisco Systems Opens Tech Development Center in Singapore
Global IT and tech firm Cisco Systems has opened a research center for new technologies, including blockchain and Internet of Things in Singapore Go to Source Powered by WPeMatico
Indian Police Arrest ‘Cashcoin’ Gang Accused of Scamming Millions From Investors
Police in Mumbai have busted a gang allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (nearly $14 million). The gang targeted people by launching a cryptocurrency called Cashcoin and sold it to investors, promising to double their money. Also Read: Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation … Read more
Localbitcoins Trade Surges in Latin America and East Asia
The peer-to-peer (P2P) markets saw a surge in trade activity this past week, with the Localbitcoins markets of five countries posting record volume. The largest spikes were concentrated in the Latin American and Asian regions, however, the United States also posted its strongest monthly P2P volume since April 2018. Also Read: Nasdaq Stock Exchange to Start … Read more
Smart Contract Audits Firm Hosho Reduces Staff Due to Auto Tooling Boost and ICO Downturn
Smart contracts auditing firm Hosho has laid off a significant number of staff, citing an increased amount of automated tooling Go to Source Powered by WPeMatico
Cryptocurrency Adoption Rising in Iran as Government Mismanages Economy
Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency provides an alternative for those living in countries where the fiat currency is being rendered worthless. Crypto adoption in Iran is growing steadily, with government economic … Read more