Cryptocurrency Platform Taylor Loses 2,578 Ether in Hack

In the world of cryptocurrency, trading Bitcoin and altcoins has become incredibly popular. A lot of people rely on third-party solutions and applications for this purpose. In the case of the Taylor platform, it seems that trust was a bit misplaced. The platform has suffered a massive hack, and all of the company’s wallets have been cleaned … Read more

Draft Law Requires Israeli Firms to Report on Clients’ Crypto Activites

The Israeli Ministry of Finance has published draft prohibiting money laundering regulations with provisions specifically pertaining to virtual currencies. The proposed regulations will also introduce a suite of new reporting requirements for financial service providers, including strict conditions regarding the cryptocurrency activities of clients. Also Read: South Korean Exchange Bithumb Blocks Trading in 11 Countries Israeli … Read more

TRON Wants to Help Build a Blockchain Ecosystem for Soccer

It seems TRON will continue to make media headlines for some time to come. There have been a lot of interesting developments over the past few weeks. Most recently, a new joint venture with vSport was announced. The goal is to launch a new blockchain centered around soccer. Bringing sports and distributed ledgers together in a meaningful manner can … Read more

What Are Stablecoins?

Every day, the cryptocurrency space sees new and exciting developments and progress. One particular area that has seen heightened exposure of late is the stablecoin. Stablecoins play an interesting role in decoupling blockchain utility from market volatility, and it’s likely that the niche will serve a vital role in the public adoption of cryptocurrency. Stablecoins, as the name suggests, … Read more

South Korean Exchange Bithumb Blocks Trading in 11 Countries

South Korea’s largest cryptocurrency exchange Bithumb has announced that it will block trading in 11 countries as part of its revised internal regulations aimed to prevent money laundering using its system. Foreign users will also need to undergo a stricter verification process. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Preventing Money Laundering Bithumb announced … Read more

South African Asset Management Firm, Sygnia, to Open Crypto Exchange

Johannesburg-based investment management company, Sygnia Ltd., has announced its intention to launch a cryptocurrency exchange, Sygniacoin – which is expected to launch in the third quarter of 2018. Also Read: BTCC to Launch New Exchange Platform in June South African Wealth Management Firm to Launch Cryptocurrency Exchange Next Quarter South African investment management firm, Sygnia, has … Read more

Chilean Bank Reopens Accounts of Cryptocurrency Exchanges

Following the court order for three major banks in Chile to reopen current accounts of crypto exchanges, Cryptomkt and Buda.com, one bank has complied. Bancoestado has reportedly made arrangements to open an account for Cryptomkt exchange, which expects to resume cryptocurrency transactions in the coming days. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more