X8Currency – Fail-Safe Cryptocurrency Reduces Risk of Investing in Crypto World

To invest or not to invest in cryptocurrencies and initial coin offerings (ICOs). That is the challenge of many millennials. The spend-it-now generation is having a hard time saving for retirement. Mobile apps and automated robo-investment advisors have made it easier than ever to set up and manage an investment portfolio, but beating inflation is … Read more

A Monero Mining Bot Is Spreading Through Facebook Messenger

If you’ve interacted with Facebook, you may have had run-ins with spam bots that infest your profile (or your friends’ profiles) and post links or advertisements without your permission. Well, the same malware that tells your friends to “Check out this link for 90% off a BRAND NEW pair of Ray Bands. WOW!” is now being … Read more

Bookmakers Betting Big on Blockchain

Bookmaking is a growing industry and an important contributor to the economy in many developed nations. Take an example of the United Kingdom, where bookmaking generated GBP 2.3 bln towards the national GDP. The betting landscape though is changing with the advent of new technology. More people are comfortable placing bets online using their portable … Read more

Survey: 31% of South Korean Employees Invest in Crypto

If you know how hot South Koreans are for crypto, this may not come as much of a surprise. According to a new survey, 3 out of every 10 South Korean workers have some investment experience with cryptocurrencies. Nearly 1 in 3 Invested in Cryptocurrency This Wednesday, web-based job portal Saramin published the results of a survey that … Read more

Russia Unveils Proposed Regulation Putting Limits on ICOs and Investors

The Russian finance ministry has unveiled its proposals for the regulation of initial coin offerings (ICOs) in the upcoming bill to be submitted this week. They include the maximum amount an ICO can raise as well as an investment limit for unqualified investors. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and … Read more

Trading Bot Mistakenly Causes e-Gulden Pump

In an unregulated market such as cryptocurrency, bad actors and spontaneous events continually prey upon unknowing individuals. While the victims of these acts typically consist of naive and inexperienced individuals, even savvy traders sometimes find themselves duped by these ploys. Since last Thursday, McAfee Antivirus creator and eccentric cryptocurrency magnate has been tweeting a “coin-of-the-day” to his … Read more

Israel Weighs “Digital Shekel,” Its Own National Cryptocurrency

Israeli officials are debating whether or not to create their own cryptocurrency, joining a growing list of governments that have proposed their own state-sponsored digital currencies in 2017. Israel Debates the Merits of Crypto The Israeli government may create its own “digital shekel,” according to sources close to Israel’s Finance Ministry.   The discussions are part of an … Read more

Indian Entrepreneurs Rush to Launch Crypto Companies Following Bitcoin Boom

Despite the government ramping up regulatory measures for bitcoin traders and exchanges, Indian entrepreneurs are rushing to set up companies with bitcoin or cryptocurrency-related words in their names. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions Capitalizing on Crypto Indian entrepreneurs have been rushing to register businesses with the … Read more

Major Korean Banks Drop Bitcoin Point Swap Services

South Korean banks are further distancing themselves from bitcoin following the government’s ”emergency” regulation which bans them from direct involvement in cryptocurrency-related activities. Shinhan Bank and KB Kookmin Bank have announced that they are discontinuing their points for bitcoin exchange services in January. Also read: South Korea Clarifies Position After Reports of Possible Ban on All … Read more

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