The Daily: US Presidential Candidate Accepts Crypto, KICKICO Hacked – $7.7M Stolen

US presidential candidate, Andrew Yang (D), has announced that his campaign for the 2020 election is now accepting cryptocurrency donations. Also in the Daily, Chinese social network, Tianya, is about to issue a native token, and the KICKICO project has been hacked – resulting in the loss of $7.7 million USD worth of tokens due … Read more

The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in Crypto

A Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of … Read more

The Daily: Coinbase Forms Political Action Committee, EY Acquires Crypto Patents

In The Daily on Saturday, crypto exchange Coinbase has formed a political action committee to raise funds for US elections. Also, Ernst & Young has announced the acquisition of crypto technology and patents, and Indonesian crypto POS terminal maker Pundi X is looking to expand in South Korea with a new partnership. Also read: Minsk … Read more

US Ranked Top Destination for Coin Offerings, Majority of ICOs Identified as Scams

The US remains a leading destination for ICO projects according to a new study that also ranks Switzerland and Singapore in the top three. The report notes that authorities in other jurisdictions, like Russia and Estonia, are working to adopt favorable regulations in order to attract more crypto startups. The findings coincide with another study … Read more

Less Than Half of ICOs Survive Four Months After Sale, Study Finds

New academic research has concluded that more than 50 percent of crypto projects raising capital through ICOs do not make it through to the fifth month after the token sale. The study also suggests that investors get the best return on their money if they sell the coins within the first month of trading, while … Read more

The Daily: Decentralized Exchanges – New and Hacked, and Some Lost Coins

In today’s edition of Bitcoin in Brief, we cover two decentralized exchanges – an Irish team that’s launching its Local Token Exchange and the already operating Bancor that has reported a security breach and admitted the loss of $12.5 million worth of coins. Also, hackers in China have mined cryptos worth $2 million using malware … Read more

US Financial Authority Asks Brokerage Firms to Disclose Crypto Activities

The Financial Industry Regulatory Authority has issued a notice encouraging every firm that sells securities to the public in the U.S. to disclose any activities “related to digital assets, such as cryptocurrencies and other virtual coins and tokens.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Firms Encouraged to Disclose Crypto Involvement The Financial … Read more

Huobi Launches in Australia Offering 10 AUD Pairs

Crypto exchange Huobi has started trading in Australia with 10 pairs against the AUD, including bitcoin cash (BCH). More trading pairs will be added in the future. The platform also plans to partner with local startups through its investment fund and a subsidiary. Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services Huobi … Read more

The Daily: Study Links Social Media Posts to Bitcoin Prices, New BATMs Pop Up Around the World

Quite naturally, social media comments exert influence over cryptocurrency prices but according to a new study, the vocal minority of frequent posters do not have the most influential voices. You’ll find the details in today’s edition of Bitcoin in Brief. Also, a new coin will be airdropped to football fans and players at the World … Read more

The Poor Flip, the Rich Hodl, Startup Finds Out Tracing Its Tokens

The team of a young Ukrainian crypto company has made an effort to collect some interesting data about what happened with their tokens after the sale. It turns out investors from developing countries are inclined to sell the coins within months after their listing, while buyers from developed nations tend to hold them longer. Also … Read more