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A Mexico-based “prolific bitcoin dealer” has been indicted and held without bond in the US on a number of international money laundering charges. He used Bitfinex for his exchange needs after Coinbase closed his account. His “activities ‘blew a giant hole’ through the legal framework of U.S. anti-money laundering laws,” the Department of Justice wrote. … Read more
In this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more. The most commented-on article during the week covered a situation in the UK, where banks are targeting cryptocurrency owners – having their assets frozen and accounts … Read more
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
Announcing a 60-fold increase of the minimum monthly salary, President Maduro promised Venezuelans they will be paid at least 0.5 petro, once his monetary reforms are in place next week. The national crypto will be exchanged at a rate of $60 USD and the new “sovereign bolivar” will be pegged to the digital coin. … Read more
Cryptocurrency prices have seen some recovery after our last markets update four days ago when a large majority of digital assets lost quite a bit of value. Since then, and more so over the last 48 hours, the entire crypto-economy capitalization ($216B) has gained roughly $20B. The action yesterday was more bullish as most of … Read more
The fact that an ETN from Stockholm is now targeting the U.S. market may sound like a win, but it’s a far cry from the big ETF prize Go to Source Powered by WPeMatico
A while back, the San Francisco-based exchange Coinbase announced the launch of an ethereum-based wallet called Toshi. The application was a private and secure messaging platform tethered to a non-custodial ETH wallet. Now Coinbase has decided to revamp the application and Toshi will become the ‘Coinbase Wallet’ which will not only offer ETH and it’s … Read more
Crypto markets suffer another slump, with Ethereum and Ethereum Classic wavering following last week’s gains Go to Source Powered by WPeMatico
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
Owing to the remarkable features such as convenience, easy tracking of spending, lower risks, etc., people have been increasingly adopting the concept of digital trading. To tap into this growing trend, XINFINITY has introduced its digital wallet that will revolutionized digital currency transactions for the better. Cryptocurrency wallets store public as well as private keys … Read more
