South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud

The largest cryptocurrency exchange in South Korea, Upbit, is suspected of fraud and is currently under investigation. The prosecutors have conducted searches at the exchange and confiscated computers and accounting records. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Under Investigation South Korea’s largest cryptocurrency exchange, the Kakao-backed Upbit is suspected of fraud, … Read more

Bitcoin in Brief Friday: China Mulls Blockchain Standard, Zcash Fights Chinese ASICs

In today’s Bitcoin in Brief we are covering a number of stories related to China. According to statements by Chinese officials, the People’s Republic is developing a national standard for blockchain technologies, which should be introduced next year. Also, the Zcash Foundation is taking steps to protect the network of the privacy coin from ASIC-based … Read more

Win $300 of Ethereum – Every Day until Sunday May 13th

DALLAS, TX – Organizers of the second Bitcoin, Ethereum, and Blockchain Super Conference (which is being held in September at Dallas) are running a special promotion. Every attendee who buys their ticket before 9:59pm each day will be put into a complimentary raffle, where one lucky winner will receive $300 of Ethereum transferred to their … Read more

Tipping Point Gala Accepts Crypto Donations, Raises $14 Million

A gala held by Tipping Point, a non-profit organization that seeks to invest in efforts aimed at breaking the poverty cycle in the San Francisco Bay Area, has raised more than $14 million USD. The gala comprises the time that Tipping Point has accepted cryptocurrency donations, with the event being attended by the respective chief … Read more

Japan’s GMO Has Mined Over 900 Bitcoins – Hashrate Doubled Last Month

The mining operation of Japan’s internet giant GMO has resulted in over 900 bitcoins and 537 bitcoin cash so far, as the company roughly doubled its hashrate last month. Meanwhile, its crypto exchange reported a first-quarter loss after the country’s financial regulator ordered it to improve. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Over … Read more

Xapo Estimated to be Housing 6.25% of Total BTC Supply

It has been estimated that approximately 6.25% of the total bitcoin supply has been deposited with Xapo – a Hong-Kong Based company providing bitcoin wallet, cold storage, and bitcoin-based debit card services. Xapo claims that BTC deposited with company are held in underground vaults located across five continents. Also Read: Ethereum Founder Responds to Charges of … Read more