Bitcoin price stuck in ‘extended consolidation phase’ due to drop in capital inflows — Report

At least 4,836 Bitcoin (BTC) of stolen from Binance exchange in May 2019 was laundered through crypto mixing service Chipmixer.Attackers started laundering the stolen funds in a month after the hackFollowing a major Binance’s security breach that resulted in a loss of 7,000 BTC (more than $80 million at press time), hackers started to launder…

The SEC’s rejection of VanEck's spot Bitcoin ETF application may have influenced Nov. 12’s drop to $62,000, but most traders view the correction as a buying opportunity. 1020 Total views 5 Total shares Bears swooped in to seize the upper hand on Nov. 12 after news that the United States Securities and Exchange Commission (SEC)…

“Staying at the forefront of digital innovation is a key priority for Nomura,” said president and group CEO of Nomura Holdings Kentaro Okuda. 354 Total views 5 Total shares Nomura, one of the largest investment banks in Japan, has established a venture capital arm aimed at investing in companies focusing on crypto and blockchain.In a…

The Japanese Ministry of Education plans to allow limited use of generative AI, like ChatGPT, in elementary, junior high and high schools across the country. 324 Total views 2 Total shares The Japanese Ministry of Education, Culture, Sports, Science and Technology plans to allow schools from elementary to high school level limited usage of generative…

Up until early 2018, major cryptocurrency markets the likes of South Korea and Japan demonstrated high premiums for Bitcoin. At the 2017 peak, when the Bitcoin price was trading at around $20,000 in the U.S. spot market, Bitcoin was being traded in South Korea’s cryptocurrency exchange market for around 26,000,000 Korean won, equivalent to about…

The raise marks the first time investment giant KKR directly invests in a cryptocurrency firm. 881 Total views 14 Total shares Major cryptocurrency custody bank Anchorage Digital has closed a fresh funding round, bringing its valuation to over $3 billion.Anchorage Digital announced on Wednesday that it had raised $350 million in a Series D funding…

The chief executive body of the German government, the Cabinet of Germany, has revealed that the country’s blockchain strategy will be introduced by mid-2019. The Cabinet commented on the development of fintech in the country on Feb. 26, following a request for information from parliamentarians in the Bundestag.The document notes that fintech sandboxes are currently…

From institutional crypto usage in the United Arab Emirates to remittance payments in the Egyptian market, the last year revealed major growth for crypto in the MENA region. 338 Total views 9 Total shares Emerging markets continue to forge their way into the crypto scene finding a plethora of use cases, especially in the combined…

Ukraine’s central bank has completed a pilot scheme for its national digital currency, the e-hryvnia, local press agency Interfax Ukraine reported on Feb. 22.The National Bank of Ukraine (NBU), which has been considering the concept for at least a year, began the pilot in December 2018, the head of its payment networks and innovative growth…