Looming US Sanctions Lead Iran to Develop a National Digital Currency

Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the development process. This is not […]

Go to Source

Powered by WPeMatico

PotCoin Makes Special Appearance at North Korea Summit

Just two or three years ago, the headlines and events involving cryptocurrency that currently take place worldwide could not have been imagined. When PotCoin caught everyone’s attention for its appearance at the recent summit between leaders of the USA and North Korea days ago, it was certainly one such instance. Dennis Rodman arrived in Singapore […]

Go to Source

Powered by WPeMatico

South Korean Exchange Bithumb Blocks Trading in 11 Countries

South Korean Exchange Bithumb Blocks Trading in 11 CountriesSouth Korea’s largest cryptocurrency exchange Bithumb has announced that it will block trading in 11 countries as part of its revised internal regulations aimed to prevent money laundering using its system. Foreign users will also need to undergo a stricter verification process. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Preventing Money Laundering Bithumb announced […]

The post South Korean Exchange Bithumb Blocks Trading in 11 Countries appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bittrex Blocks Residents of North Korea, Iran, Crimea, Syria, and Cuba

Bittrex Blocks Residents of North Korea, Iran, Crimea, Syria, and CubaConcerns from Russian traders that they may be unable to access Bittrex once the exchange’s new terms of service come into effect this month appear to have been alleviated. Starting March 9th, the exchange will formally block residents of North Korea, Iran, the Crimean region, Syria, and Cuba from accessing its trading services. Also Read: The […]

The post Bittrex Blocks Residents of North Korea, Iran, Crimea, Syria, and Cuba appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

North Korea Obtained 11,000 bitcoins in 2017, Expert Says

North Korea Obtained 11,000 bitcoins in 2017, Expert SaysNorth Korea may have made over $200 million USD from cryptocurrency transactions last year, according to a former NSA official. DPRK is believed to have obtained at least 11,000 bitcoins through mining or hacking in 2017. Pyongyang continues to exploit the benefits of using cryptos and the cyber security weaknesses of its adversaries, recent reports […]

The post North Korea Obtained 11,000 bitcoins in 2017, Expert Says appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Intelligence: Pyongyang Trying to Steal Cryptos before Pyeongchang Olympics

Intelligence: Pyongyang Trying to Steal Cryptos before Pyeongchang OlympicsDespite some cracks on the icy surface of inter-Korean relations, caused by the Olympic spirit, tensions on the silent crypto front in Korea remain high. South Korean intelligence has informed lawmakers in Seoul that the North keeps trying to hack cryptocurrency exchanges south of the DMZ. Cryptos worth billions of won have been stolen by […]

The post Intelligence: Pyongyang Trying to Steal Cryptos before Pyeongchang Olympics appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico