Bitcoin

Auto Added by WPeMatico

Korean Cryptocurrency Exchange Youbit to Close After Second Hack in a Year

by

South Korean cryptocurrency exchange Youbit has revealed plans to file for bankruptcy. The decision to close operations follows announcements that the exchange was hacked for the second time this year. Also Read: More Firms Entering the Bitcoin Market See Stocks Soar    Second Accident in a Year Youbit announced on its website on Tuesday that it … Read more

India’s Crypto Crackdown: Wealthy Bitcoiners Targeted, Start-Ups Scrutinized

by

It has been a busy week for the government of India concerning cryptocurrencies. After it raided crypto exchanges, it is now actively investigating wealthy bitcoiners through the Income Tax Department of India (ITDI). In addition to roustings and investigations, the Securities and Exchange Board of India (SEBI) announced new scrutiny initiatives regarding initial coin offerings … Read more

CME Futures Open at $20k, Crypto’s Market Cap Eclipses $600bln

by

Following in the footsteps of CBOE, the CME Group launched their own highly anticipated Bitcoin futures on Sunday evening.  Come Monday morning, cryptocurrency’s overal market cap reached another milestone at a $600bln valuation, making this jump from its $500bln worth in just five days. Wall Street’s Newest Toy Adding to Bitcoin’s bullish December run, the … Read more

Fifteen Ways to Donate Bitcoin to Charity This Holiday Season

by

The holidays are coming, and as bitcoin has increased in value, many crypto-proponents are donating their funds during this year’s “season of giving.” There’s a whole lot of charitable efforts and causes accepting bitcoin this year, and we’ve hunted down a wide variety of nonprofits for your convenience. Also read: Options Giant CME Launches Bitcoin Futures … Read more