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Anything is Still Possible for Crypto in South Korea
All may not be lost for the cause of initial coin offerings (ICOs) in South Korea – in the wake of a decision by the country’s top financial regulator to uphold a ban on ICOs, announced last week. The regulatory Financial Services Commission (FSC) has announced that the ban would remain in place, but some […]
Most of Stolen IOTA Funds Were Found, Company Says
Out of the USD 11.4 million of IOTA tokens (MIOTA) stolen, the majority has already been found, according to IOTA co-founder and co-chairman of its board Dominik Schiener. However, the funds are still being held by law enforcement as evidence against the perpetrator that was recently arrested in Oxford, UK. In an interview with Reuters, Schiener said, “From […]
Bitcoin Shrugs as Fidelity’s Crypto Custody Nears
Despite the news that US-based mutual fund giant Fidelity Investments may be aiming for a launch of its highly anticipated crypto custody solution in March this year, bitcoin’s reaction was muted. As of press time Wednesday morning, the price of the number one cryptocurrency was up roughly 1% over the past 24 hours, after seeing a sell-off […]
QuadrigaCX Becomes Another Troubled Crypto Exchange
After crypto exchange Liqui announced yesterday that it is shutting down, a Canadian exchange by the name QuadrigaCX, ranked 154th by 24 hour volume on Coinmarketcap, has become a headache for its customers who have been unable to withdraw funds from the exchange for months. The exchange’s website has also been unavailable for long periods of time, with various […]
Coinbase to Help US Citizens File Crypto Taxes
Filing taxes can definitely be confusing, especially if you add cryptocurrencies to the equation, where almost nobody seems to understand how you’re supposed to file those. That’s why cryptocurrency company Coinbase integrated TurboTax, the tax-filing software offered by software company Intuit Consumer Tax Group. However, it’s not a silver bullet and you still might need […]
Crypto Strengthens in New York, MIT Develops Data-lite Token
Cryptocurrency-related developments are coming thick and fast in the United States – with New York’s financial regulator approving two more traders and academics at MIT claiming a major technological breakthrough. The New York State Department of Financial Services (DFS) has handed what have been dubbed as “BitLicenses” to Robinhood and LibertyX. The former will now begin commission-free cryptocurrency trading in […]
EOS Gets New Update for Better Transaction Speed
Block.one, the company behind blockchain platform EOSIO, has announced that they’re releasing latest update to the code, which is said to allow for much greater speeds across the network than previously seen. According to the company, EOSIO 1.6.0 has reached up to 35% better transaction processing speed in internal testing. EOSIO, a platform for the execution […]
Things Got Personal After Report “Took” USD 6bn from XRP’s Market Cap
The “war” between Ripple supporters and their opponents took a personal turn this week after a new report from crypto research firm Messari suggested the market capitalization of Ripple’s XRP cryptocurrency may be overstated by as much as USD 6.1 billion, based on “inflated circulating supply numbers.” In the report, Messari said XRP’s circulating supply and market capitalization could be […]
how Crypto Wallet on Rumored Samsung Phone
South Korean tech giant Samsung once again finds itself in another round of claims that its new phone will feature a crypto wallet. Supposedly leaked images that were published by concept designer Ben Geskin and several other known tech leakers on Twitter show what appears to be the new Samsung Galaxy S10 phone with a built-in crypto […]
How Blockchain Affects Various Industries
No more will we only associate blockchain technology with cryptocurrencies. Various industries are working on ways to implement blockchain technology’s innovative features within their business operations. However, before we can fully appreciate the blockchain’s disruptive power, we need to fully grasp the concept of it. Simply put, the blockchain enables decentralized transactions across a peer-to-peer network. Transactions are recorded on […]
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