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Metropolitan Bank Ceases Cryptocurrency-Related International Wires

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Metropolitan Bank Holding Corp (NYSE: MCB), one of the fastest growing banks in the United States, is used by a number of major cryptocurrency exchanges. But the NYSE traded bank has ceased all cryptocurrency-related international wires effective immediately, according to a Fortune report. Also Read: Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin “The Bitcoin … Read more

Kraken Exchange Returns After Longest Downtime Since 2013

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Earlier this week the San Francisco-based cryptocurrency exchange Kraken scheduled some downtime to upgrade the trading platform’s system. The upgrade for one of the world’s largest digital asset exchanges was supposed to last for only two hours, but the website remained down for well over 24 hours. Kraken is now back online and plans to … Read more

Gaming Coins Are Thriving, and This Is Only the Beginning

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Since December, video game-related currencies across the board have exploded in price and volume. Video games represent an industry prime for blockchain integration, and initial penetration is poised to take place as early as this year. Gaming cryptocurrencies are growing on an industry-wide scale to new all-time highs every day. EnjinCoin (ENJ) has grown from … Read more

South Korean Banks Reverse Decisions on Cryptocurrency Accounts

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South Korean banks have backtracked from their decisions to stop servicing cryptocurrency accounts as crypto investors protested and the government re-discussed its policy. The country’s 6 major banks have been told that they must follow through with the original plan and install the system that would end the anonymous trading of cryptocurrencies. Also read: South Korea … Read more

80 Percent of the Total Bitcoin Supply Have Now Been Mined

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This weekend marks a milestone for bitcoin as 80 percent of the currency has now been mined into circulation, this means there’s only 20 percent left to mine. Satoshi Nakamoto’s protocol was one of the first to introduce digital scarcity and soon enough the digital asset will become even harder to obtain. Also read: How to … Read more

Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed Cryptocurrency

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Venezuela’s president Nicolas Maduro has called for 10 other countries to adopt his planned oil-backed cryptocurrency, the petro. This move follows the country’s parliament declaring the issuance of this new currency illegal. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Maduro’s Proposal Maduro held a meeting of the … Read more