The deadline for crypto exchanges and service providers in South Korea to meet requirements to stay open under the new regulation has passed. Twenty-nine cryptocurrency exchanges met the deadline to continue operations but only four of them can offer trading in Korean won. New South Korean Crypto Regulation in Effect The Act on Reporting and …
Tag archives: Bitcoin
65% of working Americans are willing to be paid in Bitcoin, Ethereum, and Dogecoin
To explore how Americans view cryptocurrencies as a form of workplace compensation, research and survey firm Skynova spoke to more than 1,000 working professionals, including 797 employees and 205 managers. Skynova provides invoicing software for small businesses and in order to gauge both interest and experience surrounding the new form of compensation, the company’s survey …
Meet Mr. Goxx: The crypto trading hamster who ‘hodls’ Tron, XRP, and Cardano
Trading crypto can be a dicey affair at the best of times. But when a hamster surpasses your performance, perhaps it’s time to reassess your trading strategy and execution. Enter Mr. Goxx, the world’s first crypto trading hamster, whose recent trading calls have returned more than the S&P500. That’s right, Mr. Goxx, via his custom …
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Northern Data AG Acquires Bitcoin Miner Bitfield — 33,000 Miners Gained in Stock-for-Stock Deal
On Monday, the high-performance computing (HPC) infrastructure provider and bitcoin mining firm Northern Data AG announced the acquisition of the bitcoin mining operation Bitfield N.V. in a stock-for-stock deal. Northern Data says the company will obtain 33,000 of the latest generation ASIC bitcoin miners from the arrangement. Northern Data AG Acquires Bitfield N.V. — Firm …
Master Ventures Adds Polker (PKR) to Portfolio as Play-to-Earn Project Gains Traction
sponsored Malta, 27 Sep 2021 – Master Ventures have announced that they have added Polker into their highly regarded investment portfolio. The decision from Master Ventures to invest in the Polker comes as the platform prepares to launch its beta play-to-earn game to the public after a hugely successful September. Master Ventures’ portfolio includes the …
‘Who Holds All the Bitcoin’ List Debunked — Without Cryptographic Proof No BTC Ownership Claim Holds Water
A web portal that displays a list of alleged owners of all the bitcoin in the world has been shared a great deal since China cracked down on crypto trading last week. The web portal claims that the Chinese government owns 194,775 bitcoin that reportedly stem from the Plustoken crypto scam. The problem with the …
Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency
Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up for its services while Binance has blocked account registrations using Chinese mobile phone numbers. Major Crypto Exchanges Stop Signing Up Chinese Users Following China’s latest …
US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America
Senator Pat Toomey of Pennsylvania said that China’s authoritarian crackdown on crypto should be taken as an advantage by the US. To seize the opportunity, the US regulators need to change their “regulation-by-enforcement” ways, according to the Banking Committee Ranking Member, Toomey, who recently pressured the Securities and Exchange Commission (SEC) Chairman Gary Gensler to …
Bitfinex fat-fingers $23 million fee for a $100k transfer on Ethereum
Bitfinex fat-fingers $23 million fee for a $100k transfer on Ethereum | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitfinex › Exchanges Bitfinex carried out the transaction using the newly implemented EIP-1559 upgrade that was designed to push the gas fees of the network …
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MDEX: A strong contender in the DEX race
Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more › As the global crypto demand ramps up amidst increasing popularity, the need for exchanges has concurrently risen. This has led to the entry of many new crypto exchange platforms into the mix. In the …
‘Binance has no business in China,’ notes Changpeng Zhao amidst crypto crackdown
It is no longer news that China has declared all crypto-related trading illegal within its jurisdiction. However, Binance, the largest crypto exchange in the world by trading volume, has come out to say that the firm has had no business in the Asian country for a while now. Binance has no business in China According …
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Former Ethereum Dev Virgil Griffith Pleads Guilty to North Korea Charge, Enters Plea Deal for 6.5 Years: Report
On September 27, 2021, at the Southern District of New York courthouse, the trial against former Ethereum developer Virgil Griffith started at 9:30 a.m. (EST). Griffith was facing 20 years behind bars for discussing blockchain technology in North Korea. Around 10:30 a.m., Griffith pleaded guilty and accepted a plea deal with up to six and …
Crypto Exchange Binance Ends Some Services in Singapore to Comply With Regulation
Binance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with the country’s regulations. The exchange has already ceased trading in Singapore dollars. Binance Scaling Down Services in Singapore Cryptocurrency exchange Binance announced Monday some changes to its offerings in Singapore. The company wrote: With effect from …
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US Government Seizes Trezor Wallet With $6.3 Million in Bitcoin From Gift Card Fraud Case
On September 22, 2021, a U.S. district judge from San Antonio, Texas, granted a summary judgment on the civil forfeiture of 147 bitcoin worth $6.3 million held on a Trezor hardware wallet. According to the court filing, the crypto assets stemmed from a Target gift card fraud incident that started in 2016. Gift Card Fraud …
Cryptowisser: Then, Now and What’s Next for NFTs
sponsored Non-Fungible Tokens (NFTs) have been around for some time now, with what is recognized as the first-ever NFT “Quantum” created back in 2014. Since then, the industry has evolved and grown into what you see today; a flourishing and wholly absorbing market built on the Ethereum blockchain, offering a mixture of scarcity and provability, …
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