Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet

In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin ATM … Read more

Bitcoin Price Watch: Some Strange Coincidences Between the Currency and Overstock

At press time, bitcoin has fallen back a bit and is now trading for just over $6,300. This is about $200 less than where it stood yesterday. Some strange occurrences are happening in the bitcoin space. For example, one source notices that there’s a strong correlation between bitcoin and Overstock. Rather, Overstock’s stock (mini tongue … Read more

According to BIG, White-Collar Crime Could Double by 2028

When the banks failed in 2008, our financial systems shifted. A decade on, one of our most nagging financial predicaments centers on virtual currencies and their (lack of) regulation. 2018 is showing promising steps forward in lawmaking for countries like Switzerland, Germany, Malta, and even the US. So, why does Vancouver-based intelligence firm BIG believe that … Read more

She(256) Mentorship Program Aims to Help More Women Gain a Cryptocurrency Career

She(256) is a clever name for a novel scheme. The female-focused mentorship program is designed to support women entering the cryptocurrency space. In doing so, the program will enable students to benefit from the guidance of a crypto OG – a seasoned professional whose business and technical experience should prove invaluable. The She(256) initiative has … Read more

Ripple Is Targeting the Chinese Market: Top Executive

Ripple is targeting the Chinese market with its blockchain products, a top executive has revealed. The company has been partnering with many banks and payment processors around the world, but surprisingly, it has only partnered with one Chinese payment processor. The Chinese market is dominated by Alibaba and Tencent, with the two giants accounting for … Read more

Coinbase Acquires Distributed Systems, Pledges to Explore Decentralized Identity Systems

Coinbase has announced the acquisition of Distributed Systems, a decentralized identity solutions provider. In a blog post announcing the acquisition, the San Francisco-based crypto exchange described it as strategic in Coinbase’s bid to bring cryptos into the mainstream. The five engineers working at Distributed Systems will join the Coinbase team and will work to integrate … Read more

Wendy McElroy: The Jiu-Jitsu of Crypto – Personal Freedom vs Social Change

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 7 The Jiu-Jitsu of Crypto: Personal Freedom vs Social Change. It is often assumed that power derives from violence and can be controlled only by greater violence. Actually, power derives from sources in the society which may be restricted … Read more

Bitcoin’s Volatility Renders it Useless as a Payment Method, Says Former PayPal CEO

Bill Harris has made clear his view on cryptos several times. The former PayPal CEO has in the past described Bitcoin as the ‘greatest scam in history’ and a massive ‘pump and dump scheme.’ Harris recently reiterated his stand, further claiming that all the praise that Bitcoin has been receiving as an efficient payment method … Read more

Thai Bitcoin Scandal Implicates Stock Exchange and Staff at 3 Banks

Staff at three Thai banks and an investor in the Stock Exchange of Thailand (SET) are among the people implicated in a mega bitcoin scandal, local media reported on August 16. According to the Thai police, several bank employees failed to report huge transfers to the country’s Anti-Money Laundering Office, a violation of the country’s … Read more