South Korea sanctions Upbit with a 3-month ban on servicing new clients

While some made out the announcement from a Lightning Wallet developer to be historic, the market seems to think it's ho-hum. 1958 Total views 4 Total shares While it was billed as the “one of the biggest announcements in Bitcoin's history,” the market seems to be puzzling over the landmark reveal that El Salvador’s sitting…

Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine, Fortune reports on April 23.Per the report, the exchange will consolidate the high-frequency trading matching engine efforts into its San Francisco office. Coinbase also purportedly laid off about 30 employees and will relocate some to…

One suspect was arrested while trying to destroy potential evidence with paper shredders and bleach in the bathtub of an apartment. 237 Total views 3 Total shares Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud case and highlighted that they are currently tracking down several other

Algorithmic cryptocurrency trading firm GSR announced the launch of a new bitcoin (BTC) halo option derivative in a Medium post published on May 13.Per the announcement, the new derivative is an option on the value of a trading account. The trader reportedly pays a premium upfront to buy the option, and the trading account starts…

Cryptocurrency lending and borrowing platform Celsius Network has topped $300 million in coin deposits in the course of 12 months and completed over $2 billion in coin loan origination, according to a press release published on Aug. 1.“Fastest growing lending platform”Since July 2018, when the Celsius started lending operations, it has originated more than $2.2…

Cryptocurrency mining technology, Marina Abramovic and Bill Gates provide new fodder for far-right conspiratorial politics. Cryptocurrencies are not immune to the feverish climate in 2020 — a year in which the line between mainstream politics and an online morass of conspiratorial theories is becoming ever more blurred.Former CIA counterintelligence and staff investigator Kevin Shipp, who…

North Korea is denying accusations of obtaining $2 billion through hacking banks and cryptocurrency exchanges.North Korea accuses the United States of spreading rumoursOn Sept. 1, the country’s official state media, the Korea Central News Agency (KCNA) denied allegations of massive theft by North Korean agents. As Cointelegraph previously reported, the United Nations Security Council North Korea…

A recent price boom in the Tezos (XTZ) market risks exhaustion as it triggers a classic bearish pattern.Dubbed as Ascending Broadening Wedge, the pattern develops when the price oscillates between two upward but diverging trendlines. According to its creator Thomas Bulkowski, these Wedges tell less about buying exhaustion and more about sellers' ambition to take…

After its June 20 launch, ZRO surged 15.15% within just 20 minutes before sharply tumbling 22% as people debated whether the donation mechanism was genius or just an excuse for a “tax.”