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In bitcoin’s earliest days, you could count the number of cryptocurrency exchanges on two hands: Mt Gox, Bitstamp, Btc-e, Vircurex and a handful of others, as well as P2P exchange Localbitcoins. Today, the landscape has changed dramatically. There are now over 500 exchanges to choose from – and that number is growing with every passing … Read more
Unfortunately, as with any industry, scams of all shapes and sizes persist within the cryptocurrency sector. This past week has seen a Filipino couple arrested after amassing over $17 million USD through a bitcoin investment scam, and protests held outside the office of a Vietnamese company that swindled $660 through two multi-level marketing (MLM) initial … Read more
Traditional Australian investors have gotten a new alternative for investing in the bitcoin and cryptocurrency markets. A publicly listed firm has launched a fund focusing on the field. Additionally, Digitalx has created a new educational video platform about cryptocurrency. Also Read: Australia’s Blockbid Exchange Granted Cryptocurrency License by Austrac Digitalx Investments Digitalx Ltd (ASX: DCC), … Read more
OCT trading involves high value deals that can run into the hundreds of millions of dollars. Whales want privacy and zero slippage, which isn’t possible on a cryptocurrency exchange, while buyers want large quantities of bitcoins at below market rates. It’s an arrangement that suits both parties, but for it to work, trust is essential … Read more
The Caribbean Tourism Organization is going to introduce cryptocurrency payments for tourism services and products offered in the region. In partnership with a local company, CTO wants to implement crypto-based merchant applications in the travel industry and other related sectors. Another goal is to further integrate the region’s economies through more cryptocurrency transactions. Also read: … Read more
Major corporations in South Korea are increasingly establishing cryptocurrency subsidiaries and launching initial coin offerings outside of the country due to prohibitive regulations. They are seeking opportunities in countries like Japan, Switzerland, Singapore, and Gibraltar. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Regulations Driving Away Businesses An increasing number of corporations in … Read more
After nearly four months of being purposefully offline, popular crypto exchange Bittrex announced its reboot, complete with a new website. Within an hour, the company had to once again cease onboarding customers. Also read: Bitgrail’s $170M Hack Continues to Provide Drama Bittrex Reemerges Bittrex CEO Bill Shihara explained, “We’ve spent the past four years building … Read more
Blockbid is now registered with the Australian Transaction Reports and Analysis Centre (Austrac). This makes it only the third company granted permission to legally operate as a cryptocurrency exchange in Australia since new regulations came about last week. Also Read: Stanford, Wharton and Georgetown Expand Bitcoin Business Classes Cyber Insurance Austrac has approved an application … Read more
In today’s edition of Bitcoin in Brief, your daily roundup of crypto news, we take a look at the best performing coins of the last 24 hours. Can they sustain their momentum, or is it a classic case of “Buy on the rumor, sell on the news?” Also read: Bitcoin in Brief Tuesday: Breakouts and Fakeouts … Read more
According to Indian media, eleven people were involved in a kidnapping and bitcoin extortion ring, and of the accused ten are police officers, including an Inspector. Three victims were abducted and beaten until they allegedly gave up 200 bitcoin worth over one million dollars USD. Also read: Bitgrail’s $170M Hack Continues to Provide Drama Police Arrested … Read more