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Coinbase has opened up its index fund for accredited US investors, giving them exposure to all cryptocurrencies listed on its exchange GDAX. The company is now working on “launching more funds which are accessible to all investors and cover a broader range of digital assets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase … Read more
Various banks around the world prevent their customers from buying Bitcoin and other cryptocurrencies. This is especially true when it comes to credit card transactions. It now seems Wells Fargo is the latest institution to impose this unwelcome rule on its customers. Wells Fargo Makes Itself Even Less Popular These times are very troublesome for … Read more
Coinbase remains one of the world’s most popular cryptocurrency exchanges. It is a go-to trading platform for a lot of consumers and investors. As such, the company needs to expand its presence and support additional currencies. It seems Ethereum Classic will be added to this platform in the near future. ETC is an Interesting Choice … Read more
It was to be expected that the recent Coinrail exchange hack would not go by unnoticed. Although its impact on the cryptocurrency market has been minimal, the South Korean authorities want to thoroughly investigate the incident. As such, the Coinrail offices have been “taken over” by the Korea Internet & Security Agency. KISA Eyes Coinrail Office … Read more
After another massive setback for all cryptocurrency markets, it will be interesting to see how Bitcoin and the altcoins evolve in the future. The Ethereum price is taking a massive beating as of right now, as it has dropped below $485 once again. This is not the trend cryptocurrency users are looking for, but there … Read more
Crime and cryptocurrency almost seem to hand-in-hand these days. Not a month goes by without some criminal activity involving Bitcoin or other cryptocurrencies. One Bronx biker gang has three men arrested for their involvement in a $2 million cryptocurrency kidnapping and robbery incident. The Bronx Biker Gang-Cryptocurrency Angle While one wouldn’t necessarily expect biker gangs … Read more
The police in Japan are cracking down on the illegal use of personal computers for cryptocurrency mining. Multiple prefectural police departments are currently investigating one particular case and pursuing criminal charges, which would make it the first criminal case in Japan where computers are illegally used for mining cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into … Read more
Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year. Also Read: Six Major Banks in Chile Sued by Another Cryptocurrency Exchange Buda Suffers Termination of Banking Services in Colombia … Read more
Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Suspicious Transactions Detected South Korea’s seventh-largest cryptocurrency exchange, … Read more
One of the best aspects of cryptocurrency is that it is incredibly divisible and almost wholly permissionless (though exchanges can require things like KYC/AML which may deny some access to the under- and unbanked). This means that crypto is generally more accessible to many more people than the legacy financial system. Users are not limited … Read more
