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In the cryptocurrency and blockchain industry, new innovative projects show up on a regular basis. Although it will always be challenging for projects to gain traction, Lake Trade is an interesting take on the decentralized exchange concept. Its zero-fee structure and strong focus on liquidity can make it a very strong contender moving forward. The … Read more
Although Proof-of-Work (PoW) has proven through Bitcoin to be the most secure mechanism for securing a blockchain, this past year has shown that mining as we know it is not secure. As PoW problems be continuously revealed and amplified over the course of 2018, the value and success of mining has been increasingly contended. When … Read more
Japanese e-commerce giant DMM.com is reportedly exiting its cryptocurrency mining business due to “deteriorating profitability,” local media reported. This news follows an announcement by another major Japanese company, GMO Internet, that it will no longer manufacture and sell mining machines, citing similar reasons. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations … Read more
The Indian government has reportedly provided an update on its progress toward the country’s regulatory framework for cryptocurrencies. The government provided its latest stance in areas such as the national cryptocurrency and licensing of crypto businesses. It is pursuing crypto regulations “with due caution,” according to reports. Also read: Indian Supreme Court Moves Crypto Hearing, Community … Read more
The U.K.’s Financial Conduct Authority (FCA) has reportedly provided an update of its investigations of crypto companies. A total of 67 inquiries were launched, 49 of which have been closed, leaving 18 businesses currently under investigation. The UK government has reportedly said it is ready to give power to the FCA to regulate the crypto … Read more
Tehran has once again targeted the users of the popular messaging application Telegram. A law enforcement official warned Iranian citizens against providing any support for the launch of the instant messaging app’s native token, the Gram. Also read: Bill to Curb Iranian National Crypto Filed in US Congress ‘Disruption to the National Economy’ Authorities in … Read more
South Korea’s top financial regulator has exclusively shared with news.Bitcoin.com information about six cryptocurrency-related bills that have been submitted to the National Assembly. The most recent bill seeks to protect the rights of crypto owners and to ensure the safety and reliability of crypto transactions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for … Read more
As the Indian government deliberates over cryptocurrency regulation, positive sentiment grows among local crypto exchanges regarding their government’s eventual decision. A number of them have also added new features and improved services such as offering interest on crypto deposits, increased liquidity, and better security. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive … Read more
With the New Year almost upon us, the cryptocurrency market doesn’t look all that exciting. The global market cap dropped around $16 billion in the past 24 hours from $146 billion to the current cap of $130 billion. The good news is, while most cryptocurrencies are in the red, the price drops aren’t significant. Bitcoin, … Read more
A survey conducted by Panews has found that 14% of Chinese citizens have invested in cryptocurrencies. The survey also found that 98% of respondents indicated familiarity with the concepts of cryptocurrency and bitcoin – 3% more than those who stated that they had heard of blockchain technology. Also Read: Skeptical Payoneer CEO Dismisses Idea of Single … Read more