Bitstamp Is Looking Towards ‘Global Expansion’ After Being Acquired by South Korean Investors

Bitstamp has been acquired by Brussels-based investment firm. On October 29, the cryptocurrency exchange, Bitstamp, was acquired by Belgium-based investment firm NXMH, which in turn, is owned by South Korean media conglomerate NXC Corp. The Luxembourg-registered exchange is now controlled by the same company that bought the majority stake in the South Korean crypto exchange, […]

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Crypto Exchange Service Helps Bithumb Recover 1 Million XRP After Massive June Hack

Prague-based crypto exchange Changelly announced that it helped South Korean exchange Bithumb recover over 1 million XRP following a massive hack in June. Prague-based crypto exchange service Changelly has announced that it helped South Korean exchange platform Bithumb recover 1,063,500 Ripple (XRP) in stolen assets following a massive hack in June, a press-release stated, Oct. […]

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Venezuela Officially Launches Sale of Controversial Petro Coin for Fiat, Crypto

Venezuela launches the official sale of state-owned Petro — a controversial coin that can only be purchased from its website or directly from National treasury for cryptoassets. Venezuela’s controversial state-owned cryptocurrency the Petro is now available for purchase for fiat and crypto, Venezuelan Economy Department announced on Twitter Monday, Oct. 29. According to an infographic […]

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Warren Buffett’s Holding Invests $600 Mln in Fintech Firms Focused on Emerging Markets

Berkshire Hathaway – whose CEO and chairman is outspoken Bitcoin critic Warren Buffett – has invested around $600 million in two fintech payment firms. Multinational holding conglomerate Berkshire Hathaway – which counts outspoken crypto critic Warren Buffett as its CEO and chairman – has invested around $600 million in two fintech payment firms focused on […]

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U.S. Man Faces up to 5 Years in Prison for ‘Unlicensed’ Bitcoin Sales via LocalBitcoins

A U.S. citizen has pled guilty before a federal court to operating an unlicensed money transmitting business, in connection with his peer-to-peer Bitcoin sales. A U.S. citizen has pled guilty before a federal court to operating an “unlicensed money transmitting business” via LocalBitcoins.com, according to a Department of Justice (DoJ) press release published Oct. 29. […]

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Bitcoin ‘Patient Zero’ Says BTC’s Current Stage is Like ‘1992 for The Internet’

Bitcoin “Patient Zero” Wences Casares suggested that Bitcoin is an “intellectual experiment” that could take years to succeed if it does not fail. Bitcoin “Patient Zero” Wences Casares, the founder of Bitcoin (BTC) wallet startup Xapo, said that the seminal cryptocurrency may take years to prove successful, in an interview with Bloomberg Oct. 29. In […]

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Israeli Blockchain Startup Concludes $30 Mln Financing Round That Included Intel, Sequoia

Israeli-based blockchain firm StarkWare Industries has received $30 million from such industry players as Intel Capital and Sequoia USA. Israeli blockchain startup StarkWare Industries has completed a $30 million financing round, generating funds from such industry players as Intel Capital and Sequoia USA, according to an announcement published Oct. 29. Established in 2018, StarkWare Industries […]

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UK: Gov’t Taskforce Proposes Crypto Regulation Changes, Questions Crypto Definition

A report from the U.K. Cryptoassets Taskforce has proposed new regulations for cryptocurrencies, particularly on CFDs and futures that reference cryptoassets The U.K. Cryptoassets Taskforce has released a report Oct. 29 that proposes some changes for cryptocurrency regulation and raises concerns over how digital assets are traded and used. Launched in March, the Cryptoassets Taskforce […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 29

Recent forays from large players into the crypto business show growing confidence in crypto’s longevity. Let’s see how the markets are reacting to these headlines. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should […]

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