South Korean Investors To Buy Crypto Exchange Bitstamp For $400 Mln, Sources Report
Bitstamp, the Luxembourg-based crypto exchange, will allegedly be bought by South Korean investors for around $400 mln. #NEWS Go to Source Powered by WPeMatico
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Yahoo! Japan Plans To Launch Crypto Exchange In 2019 After $19 Мln Buyout, Report Says
Japan will see Yahoo! launch a crypto exchange, claim local media. #NEWS Go to Source Powered by WPeMatico
Study: 70% of Crypto Exchanges Allow Weak Passwords
Over 70 percent of the leading cryptocurrency exchanges allow users to create accounts with weak passwords, a new study reveals. This leaves them exposed to financial theft due to unsafe password practices, the authors say. Less than half of the surveyed trading platforms provide password strength assessment tools. Also read: NEM Foundation Stops Tracking … Read more
Bitcoin Trade Drops in India Amid Uncertainty and Clampdown
Regulatory pressures and a broadening bank clampdown have seriously affected cryptocurrency exchanges in India. Their representatives claim bitcoin trading has dropped as much as 90 percent in the last two months. Cryptos are not considered legal tender in the country and authorities have demonstrated a negative attitude towards their use. At the same time, leading … Read more
Report: Twitter Prepares Ban on Crypto Ads
Twitter is reportedly preparing to prohibit advertisements for ICOs, token sales, and cryptocurrency wallets. The new advertising policy is expected to come into effect in a couple weeks. The microblogging site is said to impose a ban on ads for crypto exchanges, as well, bar a few exceptions. The policy change is yet to be … Read more
The ‘Mt Gox Whale’ Explains His Crypto-Selling Strategy
On March 17 the Mt Gox bankruptcy trustee Nobuaki Kobayashi revealed some critical information about how he’s been selling the BTC and BCH he has in his possession. The news may comfort those who believe the remainder of the Mt Gox sales will crash the market. According to Kobayashi he has been consulting cryptocurrency experts … Read more
South Korea’s FSC Flags Three Smaller Exchanges for Potential Money Laundering
Even though South Korea is one of the most important countries when it comes to cryptocurrency, it still has a lot of work to do. Regulators have recently begun cracking down on exchanges which engage in malicious behavior. As a result, three trading platforms have been investigated thoroughly by the FSC. It’s a very interesting development, and one that … Read more
Thailand to Pass Two New Cryptocurrency Laws
Thai regulators have reportedly agreed to enact two separate laws on cryptocurrencies and initial coin offerings. They will regulate crypto businesses, the purchase and sale of cryptocurrencies, as well as their taxation. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Two Laws Being Drafted The Thai Minister of Finance, Mr. Apisak Tantivorawong, said … Read more
France Warns of 15 Unauthorized Cryptocurrency Investment Platforms
The French financial regulator has issued a warning and published a list of 15 unauthorized cryptocurrency exchange and investment platforms. These companies keep marketing to the French public despite the agency’s warnings. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies France Warns of Unauthorized Crypto Platforms The Autorité des Marchés Financiers (AMF) … Read more
Three South Korean Crypto Exchanges Raided for Diverting Funds
South Korean prosecutors have searched the offices of three cryptocurrency exchanges suspected of buying bitcoin with money stolen from customers’ accounts. According to authorities, the companies turned up on the radar during investigations of dubious transfers in January. The raids have been conducted this week. Also read: Growing Number of South Korean Crypto Exchanges Participate … Read more