After China announced its ban on domestic exchanges trading Bitcoin, South Korea is the next country that also came out with the news that it is going to ban Initial Coin Offering (ICOs). With the popularity of ICOs going through the roof, with some estimating that the total market value of the ICO market is…
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Dubai is yet another "big player" to join the cryptocurrency craze with its launch of its first ever state cryptocurrency - the emCash. According to Arabian Business Magazine, people will be able to pay for various government and non-government services in Dubai with emCash. The name of emCash comes from the the subsidiary of Dubai…
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Two new Bitcoin ETFs have been submitted for approval to SEC by Proshares Capital Management, according to the S-1 documents. The two new ETFs, ProShares Bitcoin ETF and ProShares Short Bitcoin ETF, will be involved in derivatives rather than actual bitcoin purchases. According to the documents submitted by the fund, the ETFs will be traded at…
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As CNBC reported today, Tony Robbins said about bitcoin: "I think [bitcoin] is very iffy, I don't have a clue. I look at that as it's like going to Vegas." It's certainly been a wild ride for bitcoin and bitcoin cash, as the price recently dropped by more than 40%, fluctuating between all-time high levels…
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Ether price has climbed over $300 for the first time in couple of weeks. On September 27th, Ether price level traded consistently above $300, as reported by Coindesk. With fear coming from regulations (China's ban on domestic exchanges to trade bitcoin) and the consistent rumors of different countries launching their own domestic digital currencies (Denmark,…
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Korea JoongAng Daily, a North Korean news publication, announced that North Korean hackers tried, but failed to steal Bitcoin from several domestic exchanges. According to the North Korean magazine, the hackers used "spear-phishing", which basically means that the criminals sent what looked like "innocuous" emails that actually contained malicious software that harmed the host's computer.…
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The 23-year old co-founder of Ethereum, Vitalik Buterin, gave an interview to two of the largest news reporting companies in South Korea, JoongAng Daily and JoongAng Ilbo, expressing his thoughts on the future of Ethereum, ICOs and the cryptocurrency merits, as reported by Cointelegraph. Vitalik spoke about the issues that Ethereum is currently facing with scaling.…
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Singapore is undoubtedly one of the most popular and thriving melting pots today in the world for fintech and finance. The cryptocurrency boom does not make an exception. Today, the price level of Ripple jumped with 11%, as reported by MoneyMorning, when a new Ripple office was opened in Singapore. In addition, news that Japan…
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Polymath, the first-ever securities token platform, has unveiled an impressive list of advisors to support its launch, including some of the top minds in blockchain, rising CEOs, founders of cryptocurrencies, and fintech heavyweights. The company, founded by former NHL player and entrepreneur Trevor Koverko, has also announced the names of the first three companies to…
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On September 25th, at the hearing of the Committee on Economic and Monetary Affairs of the European Parliament, Mario Draghi, the President of ECB, talked about the current economic and inflation outlook for the European Union, the growth of the real GDP (coming at 2.3%), the corporate sector purchase program and the monetary policy in…
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