Bitcoin Cryptocurrency News Market

Today Marks the 2nd Anniversary of China’s Bitcoin Ban, What Has Changed?

Two years ago, on September 4, 2017, the People’s Bank of China (PBOC) shut down local cryptocurrency exchanges over concerns that unregulated assets like bitcoin allow residents to bypass strict capital controls.   Not-So-Happy Anniversary Despite the formal ban, Chinese traders have continued to explore methods to trade bitcoin and similar cryptocurrencies, often by using Read more…

Bitcoin Blockchain Cryptocurrency News

Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

South Korean Blockchain projects are ditching the domestic market due to regulatory headaches, mainstream media report. South Korean Blockchain Projects Look Abroad Referencing a range of industry experts on August 18, local news outlet Business Korea noted the increasing tendency for Blockchain projects born in South Korea to seek out easier funding overseas. Major international Read more…

Bitcoin Cryptocurrency News

Bitcoin Is Now The 11th Largest Money In The World

As helpfully tweeted by the trader and analyst known as Rhythm, Bitcoin is now the 11th largest money/monetary supply in the world. That’s pretty impressive for a 10-year-old upstart, created from an anonymously published 9-page whitepaper. Less Is More, More Or Less Bitcoin’s mathematically limited supply has seen it being increasingly used as a store of Read more…

Bitcoin Blockchain Cryptocurrency News

South Korea’s Biggest Bank U-Turns on Crypto With Custody Service

South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business Korea June 11, Kookmin will now work with local company Atomrigs Lab, which is active in digital asset protection. The move marks a decisive change Read more…

Cryptocurrency News Guide ICO Market

What is an STO (Security Token Offering) & 10 Reasons Why It Will Have a Massive Impact

What is the difference between an ICO and an STO? Image from Shutterstock. (credit to this excellent article from CCN explaining STO) While the SEC at times has been opaque about how it intends to treat ICOs, assets that do fall under its purview are governed by clear and defined regulations. Tokens that the SEC Read more…

seoul city nightview
Bitcoin Cryptocurrency News

Korean Cryptocurrency Market Hinges on US Bitcoin ETF Decision

According to the Korea Herald, the U.S. Bitcoin ETF decision will shape the mood of the cryptocurrency market in the country. The All-Important Bitcoin ETF Decision It isn’t only the likes of SolidX, VanEck, and the flurry of other Bitcoin ETF proposals that are waiting in anticipation for April 5, the date scheduled for the Read more…

Galaxy S10 crypto wallet
Cryptocurrency News Market

Newsflash: Samsung Galaxy S10 Crypto Wallet ‘Highly Likely’ During Today’s Launch

Ahead of today’s anticipated launch, Samsung Galaxy S10 is expected to showcase the Exynos 9820 as the mobile application processor (AP) of the device and according to a local publication in South Korea operated by mainstream media outlet Hankyoreh, it could be a big hint for Samsung’s crypto wallet integration. In November of last year, Read more…

bitcoin adoption worldwide view
Bitcoin Cryptocurrency News Market

Visualizing Bitcoin Adoption Across the Globe

Bitcoin remains the most popular cryptocurrency in the world today with a network that spans across the globe. But just what the distribution of Bitcoin nodes tell us about the rate of adoption of the top-ranked cryptocurrency on a global scale? Global Distribution of Bitcoin Nodes According to a 2019 study by Themetafriend, there are 36 Read more…