China lost its dominant position in the cryptocurrency markets quite some time ago. That is the direct result of the People’s Bank of China preventing users from trading cryptocurrencies with the Chinese yuan. According to experts, it seems a lot of the smaller crypto exchanges in the country will soon be forced to shut down. […]
Africa and the Middle East Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Africa South Africa B2B Blockchain Summit to take place in Johannesburg next week: Johannesburg will be home to the first B2B […]
Today marks a landmark decision in the MtGox debacle, where as the Japanese court approves rehabilitation of the Bitcoin exchange from bankruptcy. Despite the positive news, markets are tumbling, as many top altcoins are experiencing double digit percent losses aside Bitcoin’s decline. The ruling by the court today marks Bitcoin exchange MtGox as the first […]
Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from Business Insider, Concannon said that […]
South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Brazil Blockchain data sharing platform for regulators revealed: The Brazilian Central Bank Banco Central do Brasil (BCB) has announced a new data sharing platform […]
There are numerous theories regarding the roller coaster market movements of cryptocurrency over the past year. A popular one revolves around the use of Tether (USDT) to inflate the price of Bitcoin during the bull market, and deflate it on the way down. However, a June 20 report suggests the controversial stablecoin may be more […]
Crypto exchange Bitfinex’s chief strategy officer Phil Potter is leaving the firm, Reuters reported Friday.
In the first of its kind, the ‘OUR Music Festival’ (OMF) in San Francisco has opted for a DLT ticket purchase system, reports EconoTimes. The idea of running the festival using blockchain ticketing is thought to have originated to overcome a prevailing history of scalping – the purchasing of bulk numbers of tickets and reselling […]
At press time, bitcoin has shrunk down to $6,100 – the lowest it’s been in nearly four months. All the talk of bitcoin developing newfound resistance appears to be moot; the coin remains as vulnerable as ever, and traders should brace themselves for bitcoin to strike the $5,000 range next. The problems seem to be […]
A Swiss councilor has delivered a speech in Bern, Switzerland, suggesting that students at schools should be given some awareness of how digitalization works as part of the curriculum. Crypto-friendly Switzerland, with its crypto havens and government support of soft legislation for cryptocurrency exchanges, sees its entire economy being influenced by new technology, of which […]
TRON has been making headlines as its Independence Day draws closer, and its value has been benefiting greatly. The startup, which aims to develop a decentralized internet, launched its mainnet on May 31, which caused genuine excitement in the crypto community. The launch of the mainnet will see ERC20 token holders migrate to the TRON20 standard, […]
Nasdaq has successfully completed a proof of concept to increase the efficiency of the use of securities when used to cover margin calls using distributed ledger technology. The initiative was carried out in partnership with three other stakeholders, the stock exchange announced in a press release on June 19. The platform increased the efficiency of […]
South Korea is showing faith in blockchain in the light of recent exchange hackings and forging ahead with blockchain developments, according to the EconoTimes. The collective hacking of Bithumb and CoinRail and loss of USD 72 million seems to have done little to dampen the enthusiasm of the Asian powerhouse. The government responded by immediately introduced a […]
The world’s sixth-largest cryptocurrency exchange, Bithumb, was hacked and approximately $30 million worth of cryptocurrencies were stolen. The exchange broke the news of the hack via Twitter, where it also informed its users that it was changing its wallet system due to safety concerns. This isn’t the first time that Bithumb, which is the second-largest […]
Republican Congressman Tom Emmer has praised the SEC for its recent comment indicating that ether is not a security.