Category Archives: News

South Korea Shows Promising Environment for Cryptocurrency

Bitcoin South Korea

As per Bitstamp, dealing with Bitcoin exchanges is a noteworthy advancement in guaranteeing that the gap among crypto and customary backing is decreased or totally wiped out. The crypto trade additionally sees the organization as a sign that their hunger for directions and consistency is satisfying in the end. Bitstamp is Belgium-South Korean owned and is claimed by NXMH which […]

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Coinbase Targets Asia with Crypto Institutional Services

Coinbase Asia

Bitcoin industry powerhouse Coinbase has long been a staple of America’s and Europe’s crypto ecosystems. However, the company is turning to Asia a little more than six months after making a big push to become the go-to trading platform for Wall Street when it comes to all things related to digital currencies. Coinbase, a major fiat-to-crypto exchange, is making a […]

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Chinese Crypto Miners Are Taken Down as Investors Flee

Bitcoin Mining China

Bitcoin mining is essentially the process involved in authorizing and recording Bitcoin transactions on a distributed ledger, the blockchain. The process results in producing new bitcoins while decentralizing the network’s security. Bitcoin mining can be a very profitable business as the miners are paid for authorizing transactions of users. However, recent events must be taken into account. For instance, Lu […]

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Komid Exchange Executives Face Jailtime over Faking Volumes

Komid Exchange

Seoul – Two leaders from the Korean cryptocurrency exchange Komid were sentenced to serve time in jail for their roles in orchestrating fraudulent trading volume reports on their platform. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won. The CEO of the company Choi Hyunsuk received a 3-year sentence while another company head […]

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Grab and ZhongAn To Sell Insurance to Southeast Asian Markets

Grab ZhongAn

Grab, the ride-hailing startup, has inked a joint endeavor with ZhongAn Online P&C Insurance Co., the Chinese Internet insurance agency, to build up a platform to move insurance all through Southeast Asia. The platform will offer a scope of insurance items at diminished premiums to clients through the Grab portable application. It is slated to be launched in Singapore in […]

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South Korea Joins in Crypto Regulation with Bitcoin Crackdowns

South Korea Bitcoin Regulation

Seoul – The South Korean Ministry of Justice is thinking about an all-out prohibition on exchanging bitcoin, different cryptocurrencies and advanced tokens so as to shield people from potential tricks. The move comes as different governments over Asia add their examination on digital currencies. South Koreans are accepted to have been a noteworthy main impetus behind the persistent bitcoin price flood, […]

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Malaysia Struggles with Implementation of Crypto Regulations

Crypto Malaysia

Digital forms of money are presently more notable than previously and there are numerous who look for worldwide reception. Several blockchain based undertakings exist, a considerable lot of which have their very own token and coin, which individuals can purchase from their initial coin offerings. These have certain utility which can’t be used everywhere throughout the world except if crypto […]

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23rd Richest Man Li Ka-Shing Invests in New Bitcoin Platform

Bakkt

Chinese business Li Ka-shing, who broadly begun business with a little plastic bloom industrial facility in 1950 and proceeded to be generally referred to and appreciated in Hong Kong as “Superman” since his clever market abilities made him one of the most extravagant individuals on the planet, has quite recently expanded his interest in crypto. The 90-year-old’s funding firm Horizon […]

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CoinFlex Exchange to Offer Bitcoin Futures to Asia in February

CoinFLEX

Coinfloor cryptographic money trade will offer Bitcoin contracts to Asians in February. This will be made conceivable by exploiting another stage where prospects contracts for Bitcoin, Ethereum, and Bitcoin Cash will be advertised. Every one of these will have up to multiple times use. The new stage has been called Coin Futures and Lending Exchange and abridged into CoinFLEX. This […]

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Japan and China’s Trust on Bitcoin Mining Is Waning

Japan China Bitcoin Mining

The focal start of contribution is to purchase low and move high. Following a few testing bitcoin costs for a very long time, a few financial specialists are currently addressing whether the business sectors are set to turn around, and come back to a more vigorously positive direction. The year-long bearish market of 2018 has influenced something beyond digital money […]

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