A dizzying lack of transparency as the crypto exchange is hacked and $150m in customer funds goes missing Back in April of 2020, Cointelegraph took a close look at the KuCoin cryptocurrency exchange. Investigating the apparent lock of the primary domain name, which was a result of a legal case under the jurisdiction of the […]
Continue Reading
Will this legal contradiction be resolved before the deadline? With the South Korean government preparing to implement know-your-customer (KYC) and anti-money laundering (AML) compliance processes, there is confusion among legal experts as to whether the requirements contradict other laws. According to Digital Today, the new requirements would contravene the existing Personal Information Protection Act, which […]
Continue Reading
“The temptation to print money is the greatest temptation in the whole world.” If you’ve ventured on to Crypto Twitter this year, you may have seen a tweet from the meme account WTF Happened in 1971? Created in March, the account posts numerous times a week to its fast growing fanbase of 10,500 followers. A […]
Continue Reading
The numbers line up, but do the facts? A large portion of Bitcoin’s (BTC) value lies within its limited 21 million coin supply, which means ownership of a small portion could lead to significant wealth — if mass global adoption occurs. “There is only 0.0027 BTC for the current 7 billion people,” trader, Bitcoin evangelist, […]
Continue Reading
“Cryptocurrency is money,” argues a Wisconsin State Assembly candidate. A candidate for Wisconsin State Assembly is challenging a state regulator by accepting donations in cryptocurrencies like Bitcoin (BTC). Phil Anderson, a real estate broker and entrepreneur, now accepts cryptocurrency donations for his Assembly campaign. According to an official statement by Anderson, crypto donations are available […]
Continue Reading
Bitcoin grapples with $11,000 as money laundering engulfs the banking sector again and coronavirus spoils stocks sentiment. Bitcoin (BTC) starts a new week still looking for $11,000 support as macro markets wobble over coronavirus and banks’ criminal activities. Cointelegraph highlights five factors that could shape BTC price action in the coming days. Banks face money […]
Continue Reading
DeFi is almost certainly the future, but that future may not be today. The decentralized finance, or DeFi, sector of the crypto industry has been bursting with exuberance, innovation, and speculation in recent months. The niche is still very much in its infancy, however, according to Richard Byworth, CEO of digital finance company Diginex. “I […]
Continue Reading
Arguably the biggest Bitcoin adoption move of 2020 turned 78,338 off-chain transactions into just 18 on-chain ones, with MicroStrategy praising scalability. Bitcoin (BTC) as a store of value “scales just fine,” the CEO of the company that just purchased 38,250 BTC has said. In a tweet on Sep. 17, Michael Saylor revealed more information about […]
Continue Reading
China might lead the charge into the digital economy, but will being the first major economy to launch a CBDC be enough to win global reserve currency status? China’s Digital Currency Electronic Payment system is at the forefront of news around central bank digital currencies, or CBDCs. As China will be the first nation to […]
Continue Reading
You’ve definitely heard of this major media player. Multinational media and entertainment conglomerate, WarnerMedia, is joining the blockchain gaming ecosystem via its subsidiary, Turner Sports. The company, which is responsible for sports broadcasts on channels such as TBS, TNT, and TruTV among others, recently announced “Blocklete Games”; a platform which will allow players to collect, […]
Continue Reading