Monthly Archives: April 2019

Pakistan Introduces Crypto Regulation

The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF). The FATF is an intergovernmental organization based in France that creates policies for combating money laundering and other threats to the integrity of the global financial system. It has reportedly been working on international regulations for cryptocurrencies. The Express Tribune report cited anonymous sources from […]

More info

Bibox Crypto Exchange Rolls Out Blockchain Project Incubator

Estonian crypto exchange Bibox is launching a blockchain project incubator dubbed Bibox Orbit. Leading cryptocurrency exchange Bibox is launching an incubator for blockchain projects called Bibox Orbit, according to an announcement published on March 30. Estonia-based Bibox —  the ninth largest cryptocurrency exchange in terms of adjusted trading volume — has revealed that it is rolling out Bibox Orbit, an incubator for blockchain projects. The announcement does not specify the exact date of the project launch and only says that “it is aimed to provide the best […]

More info

Study: Swiss FinTech Sector Grows, While Traditional Banks Decline

The fintech industry in Switzerland continues to grow dynamically, while traditional financial institutions are reporting a decline. A new study shows that the fintech sector in Switzerland continues to grow, while traditional financial institutions are stagnating. The report was published by SwissBanking on April 1. The report dubbed “IFZ FinTech Study 2019” was prepared by the Lucerne University of Applied Studies with an aim to show developments in the fintech industry in 2018 and analyze how banks position themselves vis-avis the fintech industry. Per the report, the […]

More info

Tether Daily Transaction Volume Hits All-Time High

The Tether stablecoin’s daily transaction volume hit an all-time high. Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to blockchain data provider Coin Metrics. On March 31, the amount of Tether transactions hit a high of 38,150, representing a new milestone in the adoption of the major stablecoin launched in 2015. All-time transaction volume of Tether. Source: Coin Metrics At press time, Tether is ranked the second top cryptocurrency by daily trading volume at $9.4 billion, […]

More info

Israeli Crypto Miner to Be Delisted From Tel Aviv Stock Exchange Due to Bear Market

Israeli cryptocurrency mining firm Bitfarms will reportedly be delisted from the Tel Aviv Stock Exchange due to losses incurred during last year’s bear market. Israeli cryptocurrency mining firm Bitfarms will be delisted from the Tel Aviv Stock Exchange due to the losses caused by last year’s crypto bear market, local business daily outlet Globes reported on April 1. Bitfarms — formerly known as Blockchain Mining — reportedly lost $23.1 million in the second half of 2018, while its net profit amounted to only $4.9 million in the […]

More info

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 1

Bitcoin’s dominance is slipping as traders are turning positive on select altcoins. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin has closed in the green for the second consecutive month. This is the first such instance since December 2017, which indicates buying at lower levels. However, right now […]

More info

Bitcoin Dev Demos the First Lightning-Enabled Bitcoin ATM

At the Bitcoin Association of Hong Kong’s Lightning Hack Day on March 31, 2019, Bitcoin developer Felix Weis presented a successful demonstration of his Lightning-enabled plugin for a Bitcoin ATM. Weis, who identifies himself on Twitter as a “bitcoin traveler and freelance developer,” demonstrated a Lightning-driven withdrawal using a 20 Hong Kong dollar (HKD) bill and a mobile bitcoin wallet on his cell phone. The software plugin was built in Java over the course of the hackathon weekend. How Does It Work? During the demonstration, Weis’s ATM […]

More info

Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software

This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi. 360 Core Security found that Lazarus, also known as the ATP-C-26 group, used software called “Worldbit-bot” to carry out its active attacks. The crypto exchange DragonEx fell victim to […]

More info

Cryptocurrencies Not Currently Viable for Terrorism Financing: Think Tank

RAND Corporation, a U.S. nonprofit think tank, has published a report on the illicit use of crypto by terrorist groups. Cryptocurrencies are not well-suited for the needs of terrorist groups, United States nonprofit think tank RAND Corporation states in a report published on March 27. The report, dubbed “Terrorist Use of Cryptocurrencies: Technical and Organizational Barriers and Future Threats,” is focused on two main angles — how terrorists use cryptocurrencies in their current state and how could they possibly use them in the future as the industry […]

More info

“Bitcoin and Friends” Animated Series Airs Spicy First Episode

There’s a new animated series called “Bitcoin and Friends” that’s been making its rounds across the web after the first episode was released by Uncle Chris Productions. The humorous and sometimes raunchy cartoon is an eight-part series that aims to make people laugh during the depressing bear market and the crypto saltiness on social media. Also read: Broken Phone? Don’t Sweat It — Restore a Bitcoin Wallet in Minutes Bitcoin and Friends Search for the Elusive Father of Crypto On March 29, Uncle Chris Productions released the […]

More info
1 2 3