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South Korean Cryptocurrency Exchanges To Be Held Liable For Any Lost Assets In The Future

Five cryptocurrency exchanges in South Korea including Bithumb have changed their terms of service to state they will be liable for user losses after a cyber attack or system malfunction – regardless of whether they were “willfully or grossly negligent”, Yonhap Press Agency writes. The move follows a recommendation from the Fair Trade Commission last year. […]

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Reuters, Bloomberg and TradingView to Add New Cryptocurrency Index

The financial terminals of Thomson Reuters and Bloomberg will soon provide cryptocurrency data from an index that takes into account social media posts and news.Announced Thursday, index provider Cryptoindex said terminal users will be able to view the top 100 performing cryptocurrencies, according to its rankings. Cryptoindex comprises of crypto assets that have occupied a […]

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1 Low-Risk Way to Cash In on Bitcoin

Cryptocurrencies such as Bitcoin can see their prices soar and plunge in a matter of days — and even minutes. In turn, cryptocurrency investors can quickly earn a fortune, but then just as quickly lose it all.Yet there’s an often-overlooked way to profit from Bitcoin’s wild price swings, one that doesn’t require you to predict […]

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Bitcoin Is Trading With A Significant Premium On Grayscale’s Investment Trust

Investors are paying a huge premium to buy into the current crypto bull run via the publicly-traded Grayscale Bitcoin Investment Trust (GBTC).The share price of GBTC is showing a premium of around 37% based on the amount of BTC in its reserves. This comes on the back of the firm’s announcement that its fund is […]

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Only 10 Out Of 85 Cryptocurrency Exchanges Do Not Lie About Their Trading Volumes – Bitwise

Bitwise Asset Management filed a report with the US Securities and Exchange Commission (SEC). The company researched 83 cryptocurrency exchanges, analyzed their trading volumes, the correlation between CME Bitcoin futures and spot prices as well as the share of arbitrage. “It’s a 104-page white paper expanding on our March 2019 presentation. It examines 83 exchanges for […]

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Mobile Carrier AT&T Will Now Accept Payments In Crypto

Cryptocurrency is taking another step towards the mainstream as mobile carrier AT&T announced it would accept payments in crypto today, according to a release from the company.Specifically, the firm is allowing its customers to pay their mobile bills via BitPay online or in app. BitPay, one of the best-known payments companies in crypto, will process […]

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You Can Now Send And Receive Bitcoin On WhatsApp

Whats App users can now send and receive Bitcoin (BTC) and Litecoin (LTC) via the popular messaging platform thanks to the Lite.Im bot. The announcement is the latest attempt to simplify the cryptocurrency transaction process, bringing virtual currencies closer to the everyday person.SENDING BITCOIN ON WHATSAPPIn a tweet published by Zulu Republic on Sunday (May […]

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Binance Resumes Trading Following $40M Bitcoin Hack

Cryptocurrency exchange Binance has resumed trading activity. Users can now cancel open orders, deposit crypto assets into their Binance account and, of course, buy and sell cryptocurrencies. You can’t withdraw crypto assets to an external wallet just yet, but the company says that this feature will be available shortly.You can cancel orders now. Trading, placing […]

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Fidelity Will Offer Cryptocurrency Trading Within a Few Weeks

Fidelity Investments, which began a custody service to store Bitcoin earlier this year, will buy and sell the world’s most popular digital asset for institutional customers within a few weeks, according to a person familiar with the matter.The Boston-based firm, one of the largest asset managers in the world, created Fidelity Digital Assets in October […]

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Square Cash App “Absorbing” 10% of Bitcoin Supply Daily, 200% Projected By 2020

One of the most interesting and advantageous design aspects that pseudonymous creator Satoshi Nakamoto built into Bitcoin, was the “halving” – a pre-programmed point in time in which miners receive a reduced block reward of BTC for confirming transactions on the network. Each halving event has been preceded by a major price surge in anticipation […]

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