The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in Crypto
A Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of […]
The post The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in Crypto appeared first on Bitcoin News.
Japanese Crypto Exchanges Submit Business Improvement Plans
Six government-approved cryptocurrency exchanges in Japan have submitted their business improvement plans to the country’s top financial regulator. While improving their internal systems, most have also engaged in different areas of business expansion. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Business Improvement Plans Submitted Six of Japan’s 16 government-approved cryptocurrency exchanges have […]
The post Japanese Crypto Exchanges Submit Business Improvement Plans appeared first on Bitcoin News.
India Exchange Unocoin Suspends Withdrawals Following Central Bank Demands
“Deposits/Withdrawals Notice,” came the post title from popular Indian cryptocurrency exchange Unocoin this week. “As per orders from RBI,” the exchange explained, “bank INR withdrawals and INR Deposits have temporarily been disabled. Once an alternative method of funding is identified and deployed, we will resume the deposit and withdrawal services.” Also read: Cryptowhispers: DDoS Attacks, […]
The post India Exchange Unocoin Suspends Withdrawals Following Central Bank Demands appeared first on Bitcoin News.
Coinbase Flexes Muscle, Creates Political Action Committee
Widespread reporting revealed the United States’ largest cryptocurrency bank, Coinbase, has formed a political action committee (PAC). PACs are a particular way most politicians in the United States are funded. Entry into federal campaign finance by a well-regarded member of the ecosystem is a first. Also read: Philippines Embraces Cryptocurrency: Exchanges Issued Provisional Licenses Coinbase […]
The post Coinbase Flexes Muscle, Creates Political Action Committee appeared first on Bitcoin News.
Tie a Message to Any Location Using the BCH-Powered Member Client
There’s an interesting platform for the Bitcoin Cash (BCH) network called ‘Member,’ which allows users to post censorship resistant messages tied to specific locations around the world. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Member: Tethering Censorship Resistant Memos to Any Geographical Location With Bitcoin Cash Over the past few weeks, since […]
The post Tie a Message to Any Location Using the BCH-Powered Member Client appeared first on Bitcoin News.
$46 Million of Ether is Locked in a Pair of Ponzi Dapps
The ethereum network has another pair of smash hit dapps. The decentralized applications have proven to be a viral success over the past week, amassing more transactions than IDEX and accruing seven-day trading volume of 180,000 ETH. There’s just one problem: both dapps are ponzi schemes in which virtually everyone who plays will lose. Also […]
The post $46 Million of Ether is Locked in a Pair of Ponzi Dapps appeared first on Bitcoin News.
EU Study: International Nature of Cryptocurrency Markets Is a Challenge for Regulators
An EU study claims that the international nature of the cryptocurrency markets is a challenge for European regulators because many players, especially miners, are outside their reach. The researchers also expect that bank-issued coins could reshape the balance of power among cryptos, with commercial banks using underhanded tactics to stifle the competition. Also Read: The […]
The post EU Study: International Nature of Cryptocurrency Markets Is a Challenge for Regulators appeared first on Bitcoin News.
G20 Asks FATF to Clarify AML Standards for Cryptocurrencies
Financial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability. The officials also called on the Financial Action Task Force to clarify by October how its anti-money […]
The post G20 Asks FATF to Clarify AML Standards for Cryptocurrencies appeared first on Bitcoin News.
PR: FuzeX Partners with Bitcoin.com – Adds BCH to FuzeX Cards, Drops BTC
Global cryptocurrency payment card project FuzeX revealed today (23rd) that they signed a partnership with Bitcoin.com, thereby adding Bitcoin Cash to the FuzeX card.
FuzeX official stated that "Considering the issues of transaction speed and fee, we decided that Bitcoin Core did not fit the philosophy of FuzeX. So we decided to drop BTC and replace it with Bitcoin Cash, which has a much faster transaction speed and a cheaper transaction fee."
The post PR: FuzeX Partners with Bitcoin.com – Adds BCH to FuzeX Cards, Drops BTC appeared first on Bitcoin News.
Markets Update: Cryptocurrency Bulls Continue to Charge
Over the past few days, cryptocurrency markets have been showing bullish gains after a few small retractions during the weekend. At the moment the entire digital asset economy is valued at $285Bn while $14.3Bn worth of trades were swapped over the past 24-hours. Today on July 23 bitcoin core (BTC) markets are holding an average […]
The post Markets Update: Cryptocurrency Bulls Continue to Charge appeared first on Bitcoin News.