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Following the hack of Zaif, one of Japan’s regulated crypto exchanges, the country’s financial regulator immediately responded, launching an emergency inspection of the exchange and a survey of all other crypto exchanges. Finance Minister Taro Aso has also commented on the situation. In addition, the recently established self-regulatory body has asked all exchanges to inspect … Read more
Bitcoin mining software developer Bitfury has released its new ASIC-led Bitcoin mining hardware, and plans to integrate it into its other mining products Go to Source Powered by WPeMatico
The U.S. SEC is seeking further comments regarding a Bitcoin ETF filing by investment firm VanEck and financial services company SolidX Go to Source Powered by WPeMatico
At press time, bitcoin is trading for just shy of $6,400. While it’s good news that the currency hasn’t dropped any further than it already has, it’s disappointing to see bitcoin stay where it’s been over the past few days and refuse to budge. Well, this may be about to change. Many analysts agree that … Read more
CZ, Vitalik Buterin, and prominent investors talk about the possibility of crypto market achieving $200 trillion in the long-term Go to Source Powered by WPeMatico
One has to commend companies for trying to put a different spin on cryptocurrency mining. Although this industry remains very popular, the concept of mining cryptocurrencies has also gotten a very bad reputation lately. A new startup claims they will use electric vehicles to mine cryptocurrencies, even though it remains to be seen how that … Read more
Japan’s National Police Agency says $540 million worth of crypto was stolen in the first half of 2018, with the number of reported crypto thefts already triple that of 2017 Go to Source Powered by WPeMatico
Major U.S. crypto wallet provider and exchange service Coinbase clarifies that it does not engage in proprietary trading, in response to “inaccurate” media coverage Go to Source Powered by WPeMatico
The investigation into Danske Bank’s alleged money laundering has uncovered new funds. The amount of “questionable money” flowing through the bank’s Estonian branch has grown from $150 billion to approximately $234 billion. In response, the CEO of Danske Bank turned in his resignation. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals From … Read more
Japanese government-approved cryptocurrency exchange Zaif has confirmed that it has been hacked. After a preliminary investigation, the exchange says at least 5,966 BTC have been stolen, with an estimated total damage of $60 million. Some of the stolen coins belong to the exchange but the majority belong to customers. Also read: 160 Crypto Exchanges Seek to … Read more