Huobi Officially Launches in South Korea with 100 Cryptocurrencies

Huobi has officially launched in South Korea. The platform facilitates the trading of 100 cryptocurrencies and 208 markets. The exchange is also creating an investor protection fund and program to immediately compensate for any losses that are not investor error. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Huobi Korea Launched Huobi … Read more

Indian State Government Plans to Store Residents’ DNA Data on a Blockchain

The regulation of blockchain and cryptocurrency poses many issues. This is especially true in India, considering that the country’s government has been pondering such measures for some time now. Big was people’s surprise when one state government suddenly announced it would adopt blockchain technology for DNA sequencing. An Interesting Connection between Blockchain and DNA There are many ways to use blockchain … Read more

Two More Japanese Bitcoin Exchanges Will Shut Down

The cryptocurrency situation in Japan is evolving in many different directions. While Bitcoin is a legal payment method in the country, multiple exchanges are still facing regulatory scrutiny. So much, in fact, that two more platforms have been forced to shut down due to this mounting regulatory pressure. Curtain Call for Tokyo GateWay and Mr. Exchange … Read more

Binance Faces Potential Criminal Investigation in Japan for Operating Without a License

The Binance trading platform has gotten a lot of attention over the past few months. Considering that it is one of the world’s biggest trading platforms for cryptocurrencies, it is only normal that people will take a closer look at how this company operates right now. It seems the company is still operating without a license in … Read more

Okex Rolls Back Futures Contracts After Liquidations Leave Traders Reeling

Okex has promised to roll back futures transactions after irregular activity saw bitcoin plunge to under $4,800. The incident triggered massive liquidations, wiped out hundreds of contracts, and saw one trader threaten to commit suicide in front of Okex’ Hong Kong offices. Also read: Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy Okex Reverses the Rekoning … Read more

South Korean Millennials Excited About Crypto, New Survey Shows

South Koreans in their 20s and 30s are excited about cryptocurrencies and are eager to invest. This is according to a study carried out by the Bank of Korea, the country’s central bank. The survey was released on Tuesday and showed general support for digital currencies in the East Asian nation despite recent drastic declines in … Read more