Korean Ministry Launches Probe Into Causes of Bithumb Crypto Exchange Hack
The South Korean Ministry of Science and Technology has launched a probe into the theft of $30 mln from the world’s sixth largest crypto exchange Bithumb Go to Source Powered by WPeMatico
Goldman Sachs CEO: ‘Too Arrogant’ to Think Crypto Won’t Work Out Because It’s ‘Unfamiliar’
Goldman Sachs CEO has reiterated his optimism about Bitcoin adoption, comparing it to the early days of fiat paper money Go to Source Powered by WPeMatico
Nasdaq Blockchain Pilot Handles Margin Calls and Collateral Delivery ‘Within Minutes’
Stock exchange operator Nasdaq has successfully tested a blockchain-based Proof-of-Concept that resolves “significant” difficulties in clearing securities collateral Go to Source Powered by WPeMatico
PR: After a Sold-Out 1st Pre-Sale Stage, DECOIN Finishes Development of Blockchain Environment
DECOIN’s 2nd pre-sale stage, featuring a 39% bonus, ends Friday, June 22nd.. A Community-Driven Development Solution DECOIN, a revenue-sharing exchange and trading platform, has a simple, albeit ingenious solution to the problems hampering cryptocurrency exchanges. They use proof-of-stake (PoS) as a means of validating DECOIN wallet transactions and sharing the value created by the exchange. … Read more
Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would … Read more
Major Korean Crypto Exchange: $31 Million Vanishes
Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31.5 million USD) worth of cryptocurrencies vanished. Just a few hours later, the announcement was taken down, along with promises of compensation. At press time, it appears Twitter announcements of the heist … Read more
Bitcoin More Influential in US Politics Than Ever
US Senate candidate Austin Petersen revealed his campaign received, and promptly returned, a giant amount of bitcoin this week, as the donation ran afoul of financing laws. Leading candidate for the Libertarian Party’s national chair, Joshua Smith, has made cryptocurrency a key part of his platform heading into the convention. Candidate for congress, coder Brian … Read more
World’s Sixth Largest Crypto Exchange by Trade Volume Bithumb Hacked
Leading South Korean crypto exchange Bithumb, the world’s sixth largest, has been hacked Go to Source Powered by WPeMatico
CBOE Global Markets President: ICO Market to Face a ‘Regulatory Reckoning’
The President of CBOE Global Markets claimed that there could be a two-fold “reckoning” for the ICO market depending on the action of the U.S. SEC Go to Source Powered by WPeMatico