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ConsenSys, a blockchain software technology firm founded by Ethereum co-creator Joseph Lubin, and open-source development group OpenLaw Core have created a new method for processing real estate sales on Ethereum’s immutable blockchain network. Increase in Usage of Cryptocurrencies in Real Estate Industry Since early 2017, an increasing number of realtors and property holders in the global … Read more
South Korean cryptocurrency exchange Bithumb is reportedly re-evaluating its strategy to launch its own coins through a corporation in Singapore, following news of fraud that could have serious side effects to both companies. Under the current laws, Bithumb coins will still be subject to Korean regulation whether launched abroad or not. Also read: Yahoo! Japan Confirms … Read more
The Cabinet of Malta has approved three bills related to cryptocurrency and blockchain technology. One bill in particular, the Virtual Financial Assets Bill, provides a regulatory framework for cryptocurrencies and initial coin offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Bill Approved by Cabinet The Cabinet of Malta approved three bills on … Read more
The Japanese financial regulator has targeted another cryptocurrency exchange for improvement after an on-site inspection revealed inadequate standards. The exchange must comply and submit a written report next month. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Another Exchange Punished The Japanese Financial Services Agency (FSA) has issued another “administrative punishment order” to a … Read more
In today’s Bitcoin in Brief we’re talking about big money and big expectations. While the ratio between bulls and bears is constantly changing in the crypto market arena, experts working with venture capital investments and large crypto trades report positive trends and share optimistic sentiments. On that backdrop, “Why is our digital society still using … Read more
Private security firms in Moscow are offering a new service – protection for people buying and selling cryptocurrency for cash. The companies have also expressed readiness to help investigate crypto-related crimes. Police are still reluctant to work on such cases, as cryptocurrencies are not yet regulated in Russia. Also read: Chinese Merchants in Moscow Convert … Read more
Ethereum price soared up to a day high of $712 on Tuesday before a downwards price correction attempt became evident pulling the price downwards to a day low of $596 on Wednesday. The market bulls failed to break through the resistance around $713.24, which corresponds to the 61.8% Fibonacci retracement. The upwards trend which has … Read more
Kim Yong-jin, South Korea’s Deputy Minister of Strategy and Finance, stated at a financial conference held at InterContinental Seoul that the cryptocurrency market is growing exponentially and gaining stability. Minister Kim surprised local investors and cryptocurrency researchers by stating that alternative means of payment such as cryptocurrencies could threaten the foundation of the traditional fiat system. “Cryptocurrencies … Read more
At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Last week was the fourteenth installment of my challenge. People seem to be more inquisitive again as the market appears to … Read more
As is always expected with major surges, cryptocurrency markets have seen a significant drawback following strong performances across the board since local BTC lows of under US$7,000 earlier in the month. Following impressive Bitcoin and altcoin gains earlier in the week, global market capitalization has fallen about 10% in the past day. While many speculators feared … Read more
