UPbit and Bithumb, two of the biggest cryptocurrency exchanges in South Korea and the global cryptocurrency market, have faced backlash and criticism from the local cryptocurrency market for the scandalous behavior since early May 2018.
On May 25, 2018, South African authorities announced further information of an ongoing investigation of a cryptocurrency scam that has cost investors one billion rands ($80 million). False Claims and Investor Pitfalls According to Reuters, South African police mentioned that the investigation involved BTC Global, a.
While most stake “hodlers” in the cryptocurrency ecosystem agree that there is a need for amenable regulation of the cryptosphere, Polish digital currency investors have refused to abide by the PPC law, due to its draconian nature.
Even with the reign of the bear market, it seems more and more financial institutions are seriously looking to join the bitcoin train. On May 24, 2018, Frankfurt-based Deutsche Borse AG has hinted it’s weighing the possibility of offering clients bitcoin and other crypto-related products.
The Czech Republic’s largest natural gas company Prazska Plynarenska announced that it would soon begin accepting payments in bitcoin. Clients will have the choice to pay their monthly dues in cryptocurrency as well as fiat currency.
Everyone who knows anything about cryptocurrencies knows one thing for sure; its value is highly volatile. This infamous reason is one of the biggest qualms toward why masses are hesitant of investing.
Malta has recently gained a reputation as the ‘Blockchain Island,’ as the major cryptocurrency exchanges are inbound for relocation. The Malta Blockchain Summit has now raised the bar by inviting one of the ‘Founding Fathers’ of blockchain, W.
Ho Chi Minh, Vietnam (May 25, 2018) – Huobi.Pro, the leading global digital asset exchange, which saw a cumulative annual turnover of $850 billion last year in 2017, announced its grand strategy to tackle the Vietnamese market during their keynote speech at Blockchain Festival Vietnam.
A Medium post by software engineer and co-founder of CoinFund, Aleksandr Bulkin, from May 12 invites discussion for his solution to an underdeveloped point in cryptocurrency; regulation in the ICO market.
Bitfinex, one of the biggest cryptocurrency exchange platforms in the world, is under scrutiny as rumors have been going around that it has been using one of Puerto Rico’s financial institutions as a banking partner.