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Indian exchange Coinsecure has announced its plan to repay customers for stolen bitcoins as well as a 10 percent bounty to anyone who helps recover them. The exchange claims it was an inside job, and suspects its chief security officer of playing a role in siphoning off the money. Also read: Japan’s DMM Bitcoin Exchange Opens for … Read more
Japanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar to the one launched by the hacked exchange Coincheck last year. Also read: Japan’s DMM Bitcoin … Read more
Yahoo! Japan has confirmed that it is entering the crypto space by acquiring a stake in a Japanese cryptocurrency exchange that is already licensed by the country’s financial regulator. The company plans to launch a crypto exchange in the fall of this year. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Yahoo! … Read more
A total of nine cryptocurrency exchanges in Japan have suspended their operations so far. This includes the latest two, one of which was sanctioned by the Japanese financial regulator on Wednesday while the other voluntarily withdrew its license application. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Blue Dream Japan The Japanese … Read more
Cryptocurrency is the main source of income for 12% of Russian speaking crypto users, according to a new survey. More than 90% of the respondents say they want to use digital coins as a means of payment, and a quarter of those interviewed are already doing that. 40% of the participants view cryptos like bitcoin … Read more
South Korean cryptocurrency exchange Bithumb is launching a P2P payment platform for social media including social networking sites and blogs. The exchange is also preparing to sell 12,500 kinds of mobile vouchers from 600 brands. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Social Media Crypto Payment System The second largest crypto … Read more
January’s crypto anonymity rules see three South Korean banks face regulatory inspections this month. #NEWS Go to Source Powered by WPeMatico
Tax season in the U.S. is here, and many citizens who use or hold cryptocurrencies are clamoring around trying to figure out how to file their capital gains taxes. According to reports from Fundstrat’s analyst Tom Lee, cryptocurrencies represent roughly 20 percent of last years U.S. capital gains. Also Read: Emin Gün Sirer Discusses Cryptocurrency Academics … Read more
The Financial Services Authority of Japan has imposed penalties on three cryptocurrency exchanges following inspections of trading platforms in the country. Two of them have been ordered to suspend operations. Officials are not satisfied with the measures implemented to prevent money laundering and systemic risks. Also read: CEO of Korean Exchange Coinnest among Four … Read more
Cryptocurrency values are still slumping downwards as they have been for the past three consecutive months. Currently, the overall cryptocurrency market valuation of all 1,500+ digital assets is $248Bn after losing billions over the past few days. BTC/USD markets are below the $7K territory and recently touched a low of $6,510 per coin. Also read: Huobi’s … Read more
