Crypto News
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Cryptocurrencies trending on Shutterstock
Most cryptocurrency users will agree that the year 2017 was rather exceptional. We saw all markets grow in spectacular fashion, and the general public’s interest in Bitcoin and altcoins increased by leaps and bounds. As a result, it is not entirely surprising to see cryptocurrency being recognized as a trend on Shutterstock. Searches for “cryptocurrency” on the platform are […]
Total of $130,000 in fines to South Korean cryptocurrency exchanges
Domestic cryptocurrency exchanges in South Korea have been issued a fine for providing insufficient user data protection. In a public announcement, the Korea Communications Commission (KCC) said the penalty is a result of an investigation that the agency conducted from Oct. 10 to Dec. 28 in 2017 across 10 domestic crypto exchanges. Launched as a ministry-level agency, KCC […]
BitFlyer gets permission to fly in Europe
Japanese bitcoin exchange BitFlyer has announced its launch into Europe after being granted a payment institution license to operate in the European Union (EU). BitFlyer has become the first bitcoin exchange in the world to be regulated in Japan, the US and Europe. The license was granted by the Luxembourg regulator, Commission de Surveillance du Secteur Financier (CSSF). Pierre Gramegna, […]
Cryptocurrency invasion of WALL STREET
If you are thinking about investing, the first thing that must come to your mind is Wall Street. The term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York-based financial interests and also most […]
Great news for crypto market
In recent times there wasn’t much good news on the horizon for the crypto market. We are going through deleveraging phase, so FUD is going to be expected. The market isn’t as volatile as we were used to. With big projects failing people are losing their life savings. In the mix of all these things, some […]
Hyped ICO vanishes with millions
Benebit, one of this year’s most hyped up ICOs, has just vanished without a trace, leaving investors between $2.7 and 4 million out of pocket. The scam came to light after someone noticed that the team photos had been stolen from a school website. Once this happened, Benebit ran for the exits, taking […]
$400M of ICO Funds Lost or Stolen
If you’ve ever participated in an ICO you know that the logistics of it are not for the faint-hearted. It’s complicated enough to keep many newcomers into the crypto space well away from them. And if this new research by Ernst and Young is to be believed, it’s also a lucrative hunting ground for hackers […]
Goldman Sachs on the Bitcoin bubble
Goldman Sachs has claimed that bitcoin is a bubble bigger than the dot-com era and the famous Dutch tulip mania. In a research letter to investors, the banking firm’s analysts warned about the increase in cryptocurrency values. It highlighted the price moves in bitcoin and ether, as well as the stock price increases for companies which pivot to blockchain. One […]
1 Bitcoin = 1 Million US Dollars
Dan Schulman, chief executive of PayPal, talks with bitcoin pioneer Wences Casares about bitcoin, blockchain and fintech in a Facebook interview. Casares, a serial entrepreneur, has launched startups across South America and the United States, not the least of which is bitcoin wallet startup Xapo, which he currently leads. Casares is also a member of the PayPal board. Schulman […]
Cargox ICO sold out in just 3minutes
CargoX ICO was sold out today in just 3minutes. Gas prices went through the roof during the ICO, as their recommended 400 000 gas limit was clearly not even remotely enough to have your transaction confirmed. It felt like trying to buy Wimbledon tickets on Ticketmaster all over again to be honest. The gas cost […]
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