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Petition

215,000+ Sign Petition Against South Korean Crypto Regulation – Government to Respond

215,000+ Sign Petition Against South Korean Crypto Regulation – Government to Respond A national petition against extreme cryptocurrency regulations in South Korea has exceeded 200,000 signatures, the requirement for the government to respond. The petition entitled “Has the government ever dreamed a happy dream for the people?” was filed on December 28. Meanwhile, another related…
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January 17, 2018 0
Altcoins

Crypto Bloodbath Leaves Altcoins Swimming in a Sea of Red

Crypto Bloodbath Leaves Altcoins Swimming in a Sea of Red Anyone glancing at their Blockfolio app on Tuesday morning would have been in for a rude awakening. With every single cryptocurrency drowning in a sea of red, newcomers could have been forgiven for feeling a little queasy. A drama-filled day, dominated by negative news from…
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January 17, 2018 0
Bitconnect

Bitconnect Shuts Down Its Exchange Citing a String of Excuses

Bitconnect Shuts Down Its Exchange Citing a String of Excuses In a move that will surprise few observers, Bitconnect has announced that it is closing its lending and exchange platform. The company has widely been accused of operating a Ponzi scheme and was recently rocked by cease and desist notices in two US states. Immediately…
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January 17, 2018 0
January Slump

Markets Update: The Top 68 Cryptos Dive During the January Slump

Markets Update: The Top 68 Cryptos Dive During the January Slump Cryptocurrency markets are having a tough time during the third week of the new year as a vast majority of digital assets are down 20 percent or more. Currently, the BTC/USD global average is roughly $12,050 after touching a high of $14,300 just 24-hours prior.…
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January 16, 2018 0
XRP

Ripple XRP Price Drops to 2.5-Week Low, Eyes Sideways Trading

Ripple XRP Price Drops to 2.5-Week Low, Eyes Sideways Trading Ripple’s XRP token fell to a 2.5-week low today, and is looking at a more or less sideways movement in the short-term, chart analysis suggests. The world’s third-largest cryptocurrency by market capitalization fell to the low of $1.23 at 09:54 UTC today before regaining a little…
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January 16, 2018 0
Accept Bitcoin

Mark Cuban: Dallas Mavericks to Accept Bitcoin, Ether ‘Next Season’

Mark Cuban: Dallas Mavericks to Accept Bitcoin, Ether ‘Next Season’ The Dallas Mavericks, the U.S. basketball team, will begin accepting cryptocurrency payments during their next season, according to owner and investor Mark Cuban. Cuban was asked about the possibility of paying for tickets with cryptocurrency on Twitter earlier today, to which he replied: “Next season.” In a follow-up…
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January 16, 2018 0

Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns

Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns Bitcoin is taking a hit today, touching 3.5 week lows at the time of writing. Data source OnChainFX indicates that bitcoin (BTC) has depreciated by 14 percent in the last 24 hours. At press time, prices were was at $11,966 levels, according to CoinDesk’s Bitcoin Price Index. Notably, the…
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January 16, 2018 0
Cybercrime

China to Coordinate Against ”3,000 Fake Blockchain” Platforms– Law Against Cybercrime

China to Coordinate Against ”3,000 Fake Blockchain” Platforms– Law Against Cybercrime This week China’s central television (CCTV 2) reported the Peoples Bank of China (PBOC), its Ministry of Public Security, in coordination with other regulatory agencies, will work to combat cybercrime often in the disguise of financial innovation 2,000 Tokens, 3,000 Knockoff Platforms The People’s Bank…
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January 16, 2018 0
South Korea

New Cryptocurrency Exchanges Proliferate in South Korea Despite Regulation

New Cryptocurrency Exchanges Proliferate in South Korea Despite Regulation New cryptocurrency exchanges are rushing to launch in South Korea despite regulatory uncertainty due to high demand and lucrative business models. Ten crypto platforms are expected to open for business in the first half of this year, including two run by Kosdaq-listed companies New Exchanges Entering…
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January 16, 2018 0
Stellar Lumens

$400K: Hacker Makes Off With Stellar Lumens in BlackWallet Theft

$400K: Hacker Makes Off With Stellar Lumens in BlackWallet Theft An unidentified thief has reportedly stolen more than $400,000 in Stellar lumens after hacking the digital wallet provider BlackWallet. According to cybersecurity reearcher Kevin Beaumont, the attacker hijacked BlackWallet’s domain name system (DNS) server over the weekend, adding a piece of code which transferred any deposits…
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January 16, 2018 0