huobi-australia-shuts-down/
Cryptocurrency News

Huobi Australia Shuts Down

The free-falling cryptocurrency market has claimed its latest victim, this time around its Huobi Australia. This news comes within just 8 months of the company’s launch in Melbourne. The Australian arm of Huobi was launched as a joint venture between the Huobi group and Blockchain Global. Notably, the Huobi group …

Indian Government Receives Deadline For Crypto Regulations

The Indian Government has reportedly received a deadline from the Supreme Court of India to produce cryptocurrency regulations. The Indian Government has four weeks to produce comprehensive cryptocurrency regulations before making its ruling on the pending crypto cases. The Indian Government Has Four Weeks On February 25, the Supreme Court …

Coinbin's $26 Million Loss Results In Bankruptcy
Crypto Hack

Coinbin’s $26 million Loss Results in Bankruptcy

Coinbin, the crypto exchange based in South Korea, is filing for bankruptcy after enduring damages worth $26 million. The company also owns the hacked exchange Youbit. Crypto and Cash Transactions Come To A Halt Coinbin CEO, Park Chan-kyu made announcement about the bankruptcy on February 20, according to the reports …

Russia To Launch Oil-Backed Crypto
Cryptocurrency News

Russia To Launch Oil-Backed Crypto

Duma, the Russian state plans to pass a pending resolution on cryptocurrencies. This revelation was reported by a local source. Oleg Nikolayev, member, The State Duma Committee on Economic Policy spoke out about the development, saying that the Russian assembly house which was responsible for leading cryptocurrency regulations is in …

IBM's VP of Blockchain Believes Bitcoin Will Hit $1 Million
Bitcoin News

IBM’s VP of Blockchain Believes Bitcoin Will Hit $1 Million

Jesse Lund, the vice president of IBM’s blockchain and cryptocurrencies operations, expects that Bitcoin’s (BTC) market value would eventually reach $1 million. Lund made his prediction during an interview with comparison and news platform Finder.com. The interview was uploaded on YouTube on February 20. Lund was asked about the status …

Bahrain Welcomes Cryptocurrency Companies
Cryptocurrency News

Bahrain Welcomes Cryptocurrency Companies

Bahrain is the latest addition to the ranks of cryptocurrency friendly countries. They plan to develop Bahrain into a cryptocurrency and blockchain hub. The rollout is in the trial phase for now until the country establishes industry regulations. The country renowned for being the financial center for the Middle East …

Bitgo Secures a $100M Insurance for Crypto Assets

The cryptocurrency service provider Bitgo, has recently secured a $100 million policy through Lloyd’s insurance services to cover crypto assets that are under company’s control, including those held in its business wallets and custody offerings. The policy covers problems such as insider theft by employees, loss of damage of private …

Binance Launches Decentralized Crypto Exchange
Cryptocurrency News

Binance Launches Decentralized Crypto Exchange

After months of teasing and anticipation, Binance has finally launched its own cryptocurrency exchange that operates on their own blockchain called Binance Chain. At the time of writing this news, the platform is currently in the testnet phase, which means that users can try out the new platform should they …

Crypto Exchanges More Trusted Tan Stock Exchanges
Crypto News

Crypto Exchanges More Trusted Than Stock Exchanges

In a recent study related to millennial investment attitudes, published by investment platform eToro, indicates that almost half of millennial traders have more trust in digital currency exchanges than in U.S stock exchange. According to the report, 43 percent of the surveyed millennial online traders show less trust in the …

French Tobacco Shops Start Selling Cryptocurrencies
Cryptocurrency News

French Tobacco Shops Start Selling Cryptocurrencies

Digycode, the French company, and Ingenico, the national point of sale (POS) service provider has made the purchase of cryptocurrency a lot easier for French citizens. Together, they have made it possible to buy cryptocurrencies offline through any of the 10,000 tobacco shops located in France. This accounts for less …

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