South Korea’s lawyers are lobbying the country’s government to step up its action and expedite a legal framework for cryptocurrencies. South Korea’s lawyers are lobbying the country’s government to step up its action and expedite a legal framework for cryptocurrencies, Reuters UK reports Nov. 8. The Korean Bar Association, membership of which is required of […]
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Leading South Korean cryptocurrency exchange Bithumb has partnered with Qoo10, an Asian e-commerce giant, to launch a joint payment service. South Korea‘s leading virtual currency exchange Bithumb has partnered with Asian e-commerce giant Qoo10 to provide a cryptocurrency payment service, according to an official announcement Nov. 7. Qoo10, the so called “Asian Amazon,” is […]
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China’s oldest exchange BTCC says “business adjustments” mean its mining pool will cease to function, but the decision may not be permanent. BTCC Pool, the mining operation of Hong Kong-based cryptocurrency exchange BTCC, will close “indefinitely” at the end of this month, a statement from the firm confirmed Nov. 6. BTCC Pool, which began mining […]
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About Japanese crypto market, Satoshi Nakamoto’s successors, industry challenges and trendsetters in the country which were first to legalize digital currency. Japan is one of the key countries in the crypto financial world, where the headquarter of Bitcoin.com is situated, the crypto exchange Mt. Gox was established, the Bitcoin’s creator Satoshi Nakamoto name comes from, […]
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Crypto markets see mixed signals, Bitcoin Cash and Stellar grow significantly while most top 20 coins seen small fluctuations. Saturday, Nov. 3: crypto markets have seen mixed signals over the day, with most of the top 20 cryptocurrencies by market cap experiencing. slight fluctuations. Bitcoin Cash (BCH) and Stellar (XLM) are seeing significant gains on […]
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Despite the breakeven cost of Bitcoin mining at nearly $8,000, the demand for mining is increasing. Throughout 2018, the cryptocurrency market experienced the fourth worst correction in its nine-year history, as Bitcoin lost more than 69 percent of the value from its all-time high of $19,500. Despite the substantial decline in the price of Bitcoin […]
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On the 10th anniversary of the Bitcoin white paper, markets are seeing stability: Bitcoin is trading sideways and other major coins see gentle growth of below 2 percent. Wednesday, Oct. 31: after a couple of days of mild losses, crypto markets have today stabilized, with most of the top twenty cryptocurrencies by market cap seeing […]
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Bitcoin was brought to life in Satoshi Nakamoto’s whitepaper 10 years ago and Cointelegraph takes a look at the whirlwind decade since its inception. October 31 marks the ten year anniversary of the release of the Bitcoin whitepaper, which was authored by Satoshi Nakamoto, and whose identity still remains a mystery. In this relatively short […]
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The chairman of South Korea’s Financial Services Commission has affirmed that crypto exchanges should face no issues with banking provisions. The chairman of South Korea’s Financial Services Commission (FSC) has affirmed that crypto exchanges should face no issues with banking provisions, local media platform Token Post reported Oct. 30. The FSC’s Choi Jong-Ku clarified that […]
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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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