The super-rich in India prefer Bitcoin to altcoins as one in ten plan to invest in cryptocurrency, according to a new survey. High net-worth individuals (HNIs) in India are more likely to invest in Bitcoin than other cryptocurrencies, according to a new Huru India survey, FinancialExpress reported on Aug. 30. Digital currencies were the fourth […]
Continue Reading
Following integration with major cryptos, Samsung Galaxy S10 now supports major stablecoins such as TUSD, MKR and USDC. Following integration with major cryptos, South Korean tech giant Samsung expands the coins supported by the Galaxy S10 device with three stablecoins. According to a U.today report on Aug. 30, Samsung’s new flagship smartphone now supports three […]
Continue Reading
Binance Venus to benefit from Facebook’s regulatory woes. Cryptocurrency exchange Binance has said that it will learn from the regulatory issues that have plagued Facebook’s proposed Libra digital currency. In an interview, Aug 29, Binance co-founder He Yi claimed that the company will engage with regulators from day one regarding its Venus stablecoin project. He […]
Continue Reading
There’s more money in the game for miners than ever before, as all-time revenue for Bitcoin mining tops $14 billion. All-time revenue for Bitcoin (BTC) miners has topped $14 billion, according to fresh data from Coin Metrics. As Yahoo! Finance reported on Aug. 30, despite the massive increase in the network’s hash rate — a […]
Continue Reading
Bitcoin’s technical health is increasing at odds with price, as hash rate and market cap continue growing exponentially. Bitcoin (BTC) price climbed back above $9,500 on Aug. 30 as the largest cryptocurrency continued to grapple with the fallout of this week’s sudden losses. Market visualization. Source: Coin360 Bitcoin traders brace for return to $8Ks Data […]
Continue Reading
Winnipeg Bitcoin ATMs targeted with “out of order” signs. Fraudsters in Winnipeg, Canada, have targeted Bitcoin ATM users in the city by simply sticking a poster on the machine. Police issued a warning on Aug. 29 that following the instructions on the poster will lead to an irretrievable loss of their Bitcoin. Low-tech hack attack […]
Continue Reading
A failed attempt to increase licensing obligations for Bitcoin ATMs earlier this year has returned to the spotlight. Bitcoin (BTC) and cryptocurrency ATMs need a licensing scheme, authorities in the state of Nevada have officially announced. Bitcoin ATM operators must contact authorities In a statement first reported on by local news media outlet Nevada Current […]
Continue Reading
What will be the implications of further crypto wallet blocking and what will be the OFAC’s next moves? More and more cryptocurrency addresses have been added to the United States Department of the Treasury’s list of Specially Designated Nationals, which are marked as being possibly associated with the global drug trade. According to the Kingpin […]
Continue Reading
Seychelles-based securities exchange MERJ plans to distribute its equity to Europe using digital tokens by partnering with blockchain service provider Globacap. Seychelles-based securities exchange MERJ — which listed the first regulated security token on a national stock market — plans to distribute its equity to Europe via a partnership with blockchain service provider Globacap. A […]
Continue Reading
Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. The […]
Continue Reading