Tag Archives for " Impact "

South Africa to Start Tracking All Cryptocurrency Transactions in 2019

Owning bitcoin in South Africa just got a little harder, or at least it will do by the end of quarter one this year. According to a consultation paper published yesterday by the South African Reserve Bank (SARB), some hefty new regulation surrounding and exchanges and ATMs is about to be enforced. South African Regulators […]

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Bakkt Expands Compliance Capabilities With Its First Acquisition

Fresh from completing its maiden funding round, Bakkt announced its first acquisition on Monday, Jan. 14, 2019. The daughter company of the Intercontinental Exchange (ICE) is also eyeing the possibility of expanding beyond the U.S. market. Bakkt Acquires RCG Back Office Bakkt announced the news of the acquisition via a Medium post by CEO, Kelly Loeffler. […]

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Hackers steal data on 1,000 North Korean defectors in South | World news

The personal information of nearly 1,000 North Koreans who defected to South Korea has been leaked after unknown hackers gained access to a resettlement agency’s database, the South Korean unification ministry said on Friday. The ministry said it discovered last week the names, birth dates and addresses of 997 defectors had been stolen through a […]

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Coinbase President Says Institutions With Short-Term View Shouldn’t Touch Crypto

It hasn’t been the best of Christmases for the stock markets and let’s face it, Santa hasn’t exactly gone overboard when it comes to crypto. However, according to a CNBC Fast Money interview with Coinbase President Asiff Hirji, it hasn’t been all bad. A Year of Innovation When asked what happened to crypto in 2018 after such promise […]

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Japanese Yen Set to Surpass US Dollar in Bitcoin Trading

The U.S. Dollar (USD) and the Japanese Yen (JPY) are the two most dominant national currencies used in Bitcoin/fiat trading. But while the USD has always dominated the market, it appears BTC/JPY may now be on the verge of overtaking the dollar. Most Bitcoin/Fiat Trades Denominated in USD or JPY The USD is in many […]

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4,818 Ads for Pump and Dumps Posted to Discord and Telegram in Six Months

Markets and Prices A report compiled by researchers from Tel Aviv University, The University of Tulsa, and the University of New Mexico has found nearly 5,000 advertisements for cryptocurrency pump and dump signals on social platforms Discord and Telegram posted during the first half of 2018. Also Read: Asian News Headlines Exert Significant Impact on Cryptocurrency […]

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Cambridge University Study: Speculation of the Death of Bitcoin ‘Greatly Exaggerated’

Following news that verified crypto-user numbers doubled in the first three-quarters of 2018, the study by Cambridge University also concluded that the death of Bitcoin amid an 85% drop in price has been ‘greatly exaggerated’ by the media.  Cambridge University: Bitcoin Mining Diversifying Aside from the influx of new users, the report titled 2nd Global Cryptoasset Benchmarking Study reveals several […]

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Canadian Bitcoin Miner Hut 8 Reports Q3 Loss

Mining Hut 8 Mining Corp., a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8.7 million on higher depreciation costs. Depreciation spiked to $13.3 million, wiping out mining profit which came to $6.7 million. Also Read: Trade.io Acquires Primus Capital Markets to Offer BTC-Backed Forex Trading […]

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3.2 GB Block Sizes: Developers Bash Bitcoin Climate Change Study as ‘Fake News’

Bitcoin Core developer Peter Todd joined the backlash against a “fake news” report about Bitcoin’s impact on global warming October 29. This occurred after multiple appearances in mainstream media publications. Nature‘s ‘Naive Assumptions’ Originally published by Nature, the brief report claims that Bitcoin (BTC) 00 mining could help increase temperatures by over 2 degrees Celsius […]

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