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South Korean exchange Bithumb has resumed deposit and withdrawal services for a number of cryptocurrencies after the recent hack. Another major Korean exchange, Upbit, has released an audit report showing more crypto and cash reserves than needed to pay customers. Meanwhile, all customer deposits at Korbit will now be held by a bank. Also read: Yahoo! … Read more
Markets have taken a rapid plunge today, with Bitcoin losing almost $500 on the day to dip below $7,000 and over $13 billion wiped from total market cap of all cryptos Go to Source Powered by WPeMatico
One of the world’s leading crypto exchanges, Bithumb, is set to reopen its withdrawal and deposits services for nine cryptos Go to Source Powered by WPeMatico
Argo Blockchain, offering crypto mining via users’ own devices, is reportedly the first crypto-related company that has been listed on the London Stock Exchange Go to Source Powered by WPeMatico
The wide adoption of cryptocurrencies in Russia has been put on hold after the State Duma postponed the final reading of three crypto bills for its fall session. Nevertheless, Russian companies are already planning to introduce crypto payments as soon as the regulations are in place. Among them, a major car dealer and an international … Read more
Intercontinental Exchange (ICE), owner of arguably the most important stock exchange in the world, the New York Stock Exchange (NYSE), is introducing a new company, Bakkt. The idea is to weave bitcoin into 401(k)s, credit cards, and retail. The project is getting a lot of hype due in large measure to two very powerful backers: … Read more
An NYSE trader said in an interview with Yahoo Finance that currently Bitcoin is “very iffy,” commenting on the establishment of BTC exchange Bakkt Go to Source Powered by WPeMatico
Japanese crypto exchanges may soon have an official self-regulatory body. The Japan Virtual Currency Exchange Association has applied with the country’s financial regulator to become the authority for self-regulation, with the power to enforce rules on its crypto exchange members. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Registering with FSA The Japan Virtual … Read more
In a mid-year report, Goldman Sachs Investment Strategy Group claims that “crypto mania” is a risk factor for the firm’s 2018 market outlook Go to Source Powered by WPeMatico
Japan’s Labor Ministry is not hiding its confusion as the Tokyo Metropolitan Government and venture companies requested a deregulation of the Labor Standard Act. Japan has respected the “salaries in cash” principle for 70 years under the Labor Standard Act, however with the proliferation of digital money and salaries paid in cryptocurrencies, withdrawing money from … Read more