We analyse 186 sources, 237261 news
Putin Issues Cryptocurrency Regulation Adoption Mandate
HIGHLIGHT

Putin Issues Cryptocurrency Regulation Adoption Mandate

Russian President, Vladimir Putin, ordered the government to ratify and enforce federal laws pertaining to cryptocurrency with 1 July 2019 as the deadline; introduced amendments to AML laws
Crypto Exchanges Update: OKEx Amplifies Leverage and Binance 'DEX' Reduces ‘Issue’ and ‘List’ Fees
HIGHLIGHT

Crypto Exchanges Update: OKEx Amplifies Leverage and Binance 'DEX' Reduces ‘Issue’ and ‘List’ Fees

OKEx implemented adjustments to increase leverage on margin trading to 5x on leading trading pairs in its platform. Binance decreased token fees on its decentralized exchange testnet
Electroneum Introduces a Smartphone that Rewards Users with ETN
HIGHLIGHT

Electroneum Introduces a Smartphone that Rewards Users with ETN

The newly launched M1 is Electroneum’s Android-based smartphone that incentivizes users with Electroneum tokens (ETN). ETN can be used to purchase airtime and data, and also for shopping. An M1 costs $80 and is said to be initially available only in South Africa
Hot

Smartphone Developers Embrace Crypto as Opera Integrates BTC and TRX

The love-in between smartphone developers and cryptocurrency users is smoldering. What started out as a flirtation by HTC and Samsung has blossomed into a full-blown affair, incorporating hardware and software support from a string of companies. Today, Opera ramped up its cryptocurrency support, integrating Bitcoin Core and Tron into its mobile browser wallet. Also read: Running Bitcoin Cash: An Introduction to Operating a Full Node Opera Sings Crypto’s Praises Cryptocurrency users awoke this morning to the news of another smartphone integration. Opera’s Android wallet now supports BTC and TRX, in addition to ETH, with the promise of iOS to come. As the developer explained, “All of Opera’s features, like the free unlimited VPN, the built-in ad blocker and Crypto Wallet, follow the same line of thinking – you should be able to access them as fast as possible … You can now choose to add a Bitcoin card to your wallet, making it possible to send and receive money from the web.” With 350 million users, the browser’s support for Bitcoin and Tron is significant. In the case of the former, it provides censorship-resist money directly within the web browser, enabling BTC to be spent on third party websites that accept the cryptocurrency. Tron integration, meanwhile, will prove a boon for decentralized applications, supplying smartphone users with access to a panoply of apps that exist beyond the purview of the Apple or Google Play stores. Opera has been supporting crypto for some time, having incorporated Ethereum into Android browsers last year, and Apple iOS this spring. It was the first major browser to integrate a crypto wallet, enabling crypto payments to be securely made on sites directly within the mobile browser. Samsung caught crypto headlines this year when it integrated ETH and later BTC into the Galaxy S10. The Convergence of Crypto and Mobile Mainstream crypto awareness and ultimately adoption appear a realistic prospect at this rate. Whereas in the past major tech companies merely flirted with blockchain, recent developments suggest a full-blown love affair in the making, with the end result likely to be a wider appreciation of cryptocurrency among smartphone users. Facebook’s much-vaunted crypto payments system Libra could help in this respect. Although it’s a centralized protocol, it opens the possibility of a few billion monthly users exploring the topic more broadly, which can only be a good thing. Libra launches in 2020, so expect the hype train to keep rolling until then. Zuckerberg’s big beast is not alone. Last month, popular Japanese messaging app Line launched Bitmax, an app-connected cryptocurrency exchange boasting five assets: BTC, BCH, ETH, LTC and XRP. Staying in Asia, Taiwanese electronics firm HTC has unveiled its new Exodus 1s handset equipped with a built-in hardware wallet to hold crypto. Unlike its predecessor Exodus 1, the 1s runs a full Bitcoin node – the first smartphone to do so. This means that users can contribute more fully to the security of the ecosystem and verify their own transactions. HTC’s new Exodus 1s The Budget Blockchain Phone The Exodus 1s is a device tailored for crypto devotees rather than neophytes, and barriers to entry are lowered from a cost perspective also: it’s just $250, a major reduction on the Exodus’ $700 outlay. Paradoxically, some geographical barriers remain: the device is only available in Europe, Taiwan, Saudi Arabia and the United Arab Emirates (UAE), with more locations to be announced in future. The convergence of bitcoin and smartphone wallets certainly makes it easier for individuals to spend their chosen cryptocurrency and interact with decentralized applications (dapps) on the go. Just last month, HTC announced that its original Exodus 1 handset would start supporting Bitcoin Cash (BCH) through its partnership with Bitcoin.com, in a collaboration that has seen the Bitcoin.com Wallet preloaded on the handset. Opera’s Android web browser now supports BTC. Of course, HTC is not the only mobile platform which is touting crypto-centric handsets. Samsung has been blazing the trail for a while, and its Galaxy S10 now supports 18 dapps and over 30 cryptocurrencies including BTC, ETH and HT. Millions will soon be able to use bitcoin with apps via the Blockchain Wallet Samsung has started including on its flagship handsets this year. Can we expect more mobile giants to enter the crowded cryptosphere? Absolutely. In fact, they’re already mobilizing: Apple released a cryptographic software called CryptoKit for iOS 13 in June, and LG have hinted at their own crypto wallet by trademarking “ThinQ Wallet.” These tech companies aren’t operating in silos, either: several have come together to create a government-backed blockchain network that will allow citizens to ditch hard copies of important documents in favor of a blockchain-powered mobile solution. As well as LG and Samsung, the consortium includes financial IT company Koscom and South Korea’s Shinhan Bank. The days of spending cryptocurrency solely on desktop, or locking it away in hardware wallets, destined never to be spent, are over. There’s no obligation to spend crypto of course – it’s yours to use or store as you see fit. At least now, thanks to the efforts of smartphone developers, you have the option to deploy your digital assets on the web and on the go. Do you think smartphone integration of cryptocurrency will lead to broader adoption? Let us know in the comments section below. Images courtesy of Shutterstock. Did you know you can verify any unconfirmed Bitcoin transaction with our Bitcoin Block Explorer tool? Simply complete a Bitcoin address search to view it on the blockchain. Plus, visit our Bitcoin Charts to see what’s happening in the industry. The post Smartphone Developers Embrace Crypto as Opera Integrates BTC and TRX appeared first on Bitcoin News.
Bitcoin News
Virginia, USA-Based Pension Funds Invest in Crypto
HIGHLIGHT

Virginia, USA-Based Pension Funds Invest in Crypto

Morgan Creek Digital, a subsidiary of hedge fund Morgan Creek, racks up $40 mln new venture capital funding anchored by two public pension plans and a university endowment fund, a hospital system, a private foundation, and an insurance company, according to one of the firm’s founders Anthony Pompliano
DIGEST

The Perfect Time to 'Be Greedy' and Invest (Investment and Partnership Digest, Dec 20 — 26)

Traditional Investors shift to OTC Bitcoin markets, Pantera Capital raises $115M, Peter Thiel backs a $2.1M seed round for Layer1, Medici Ventures acquires shares of Chainstone Labs, Vostok Project secures $120M, Ubique Networks partners with SLT, INCX launches in partnership with Bittrex, Issuance partners with Prime Trust, Coinbase and TokenSoft partner up, TRON Arcade to work with Gumi Cryptos
DIGEST

What Is the 'Least Speculative Investment' & Who Will Create Standards for the Crypto Industry (Investment and Partnership Digest, Dec 13 — 19)

CONSOB suspends two projects, Kakao invests in Orbs, TokenSoft invests in a SEC-compliant broker-dealer, Weiss Ratings recommends to buy BTC, France wants to invest $569M in blockchain, crypto-focused VCs invest $30M in Good Money, Tim Draper invests $1.25M in OpenNode, Waves partners with TSA, ICON partners with LayerX, BitDeer teams up with BTC.com and AntPool

Morgan Creek Digital has so far raised $61M for its second blockchain fund; targeting $250M

Cryptocurrency asset management firm Morgan Creek Digital has so far raised $60.95 million for its second blockchain fund, according to a public filing. The filing, submitted by the firm to the U.S. Securities and Exchange Commission (SEC) on Friday, shows that the fund, called Morgan Creek Blockchain Opportunities Fund II, LP, started its first offering on Oct. 16 and has raised $60.95 million from 11 investors. The offering is "indefinite," per the filing, meaning it is an ongoing funding round.  Morgan Creek Digital started marketing for the fund in June and is targeting to raise a total of $250 million, according to a report from Hedge Fund Alert. The fund would allocate at least 70% of its assets in startups that use blockchain technology, and the rest directly into cryptocurrencies or hedge funds that trade digital assets, per the report. For its first fund, Morgan Creek Blockchain Opportunities Fund, LP, the firm raised $40 million out of its target of $25 million, as it was oversubscribed by institutional investors. Morgan Creek Digital, co-founded by Mark Yusko, Jason Williams and Anthony Pompliano, is an investor in notable firms, including Bakkt and Coinbase, among others. The first fund also saw investments from public pensions, a university endowment and a hospital system. It is unclear at the moment whether the second fund has also attracted investments from the public sector. The Block has reached out to Morgan Creek Digital for comment and will update this story if they respond.
The Block Crypto
DIGEST

Completed, Ranked, Ordered (Weekly Digest, Feb 25 — Mar 01)

Ethereum Constantinople: completed, Tesla or BTC, China and Coinbase Pro praising Tron, Russia to finally decide on crypto, successful investment rounds despite the crypto winter, Japanese major securities brokerage to pass a review, Swiss bank to provide crypto-related services, Coinomi's pledges of security
MEW Integrates with Bity for Crypto-to-Fiat without KYC
HIGHLIGHT

MEW Integrates with Bity for Crypto-to-Fiat without KYC

Users of newly redesigned MEW V5 can now swap bitcoin or ethereum to Swiss francs or euro, direct from the wallet, through crypto finance platform Bity. The maximum amount for crypto-to-fiat exchange is 5,000 Swiss francs (CHF), approximately $5,000. Know-your-customer verification is not required
DIGEST

Under Control (Regulatory Digest, Feb 14—20)

Updates on Shift Card, Bank of Lithuania and ETF rules in Indonesia, police to tackle some crimes in Canada India and Turkey, IIT Bombay to join Ripple's UBRI, UAE waste permit portal on blockchain, Germany's interest and Spain's skepticism, Oracle for Czech SDK.finance

Russia to Ban Facebook if US Blocks Libra Cryptocurrency

A Russian government official says the nation will ban Facebook if the US decides to block the company’s Libra cryptocurrency. Putin Aide: Ask US About Libra Speaking to reporters on Oct. 22, Dmitry Peskov, President Vladimir Putin’s special representative for IT confirmed his official position on Libra, as well as Telegram’s prospective cryptocurrency, Gram. “If Libra launches without controls, or Gram, the likelihood of the scenario appearing in which we block (Facebook) significantly increases, not just in Russia but in every country,” he said. According to Peskov, Russia would take its cue from the US regarding Libra, given Facebook’s heritage.  There, the government has already spent several months quizzing executives including CEO Mark Zuckerberg about the digital currency’s likely implications.  “But this… does not depend on the Russian government, but on the American one,” he continued, striking an ironic tone.  “Therefore it would be apt to direct your queries to the American government once it blocks Facebook and Telegram.” Russia has already threatened to block Facebook, which has a limited following in the country, due to a separate row over data storage. Russia Making Threats Again As Bitcoinist reported, authorities have already attempted to block Telegram, albeit with almost no success. Gram, the messaging service’s cryptocurrency, is currently subject to scrutiny from US securities regulator, the Securities and Exchange Commission (SEC). Gram raised a reported $1.7 billion in a token sale to private investors in 2018. Executives planned to distribute the tokens to investors by the end of this month, but the SEC intervened. “We allege that the defendants have failed to provide investors with information regarding Grams and Telegram’s business operations, financial condition, risk factors, and management that the securities laws require,” a press release stated at the time. Libra meanwhile still has no launch date, as Facebook works to appease regulators about its plans. Last month, France revealed it would not allow a private entity to issue an alternative to fiat currency, while some of Libra’s principal backers have already pulled out. The reason, PayPal, Visa and MasterCard, say, is the potential for their reputation to be harmed by facilitating such a fiat alternative. Cryptocurrency voices are also skeptical. Brad Garlinghouse, CEO of Ripple, thinks Libra will not launch before 2023. What do you think about Russia’s view of Libra and Gram? Let us know in the comments below! Images via Shutterstock The post Russia to Ban Facebook if US Blocks Libra Cryptocurrency appeared first on Bitcoinist.com.
Bitcoinist
ICORating
A Comprehensive List of Dapps Catalogs
OPINION

A Comprehensive List of Dapps Catalogs

Probably, this is the most extensive compilation of all dapps aggregators and targeted lists so far
Typical ICO in Q3: a Lone Closed-source dApp Idea With Unknown Founders
OPINION

Typical ICO in Q3: a Lone Closed-source dApp Idea With Unknown Founders

On November, 16, ICORating has released its Quarterly Report ICO Market Research Q3. Total sum raised by 597 ICOs is $1,819,585,090 in Q3 (in Q2, 827 projects collected $8,359,976,282). Some more prominent facts:
Why Do We Need to Wrap Bitcoin?
OPINION

Why Do We Need to Wrap Bitcoin?

BitGo, Kyber Network, MakerDAO, IDEX and many other crypto companies partnered to create a Bitcoin-backed Ethereum token, Wrapped Bitcoin. This token will represent BTC, 1 token equal to 1 BTC stored in the custody of BitGo. It could be used to trade BTC on DEXes, the whole administration will be via DAO, similar to Maker system
DIGEST

Top ICOs Raising Funds, Week 51 ’18

Total raised funding amount on Week 51 comes to $61M, which is +64.7% in comparison with the previous Week 50 ($21.5M)
DIGEST

Top Upcoming and Active ICO Projects, Week 52 ’18

In the below list you'll find some new ICO projects which have to be paid attention to: Arcana, Dataeum. We have also prepared the list of Top ICOs that are active: Eloncity, Javvy, Envoy
DIGEST

Top ICOs Raising Funds, Week 50 ’18

Total raised funding amount on Week 50 comes to $21.5M, which is -62.2% in comparison with the previous Week 49 ($56.9M)

Cashaa Launches Banking Solution for Indian Crypto Owners

Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies. Also read: Indian Finance Minister Answers Crypto Questions at IMF Meeting Cashaa’s Banking Solution U.K.-based online banking platform Cashaa announced Monday that it will start enabling users to buy cryptocurrencies with INR on Oct. 23. The company explained that “While access to crypto in India through banking no longer exists, Cashaa was able to find a solution,” elaborating: On the occasion of Diwali, an Indian festival for wealth and prosperity, Cashaa will be enabling INR deposits and purchases of crypto in India for Indian residents, up to 1 crore INR per month. Cashaa cofounder Janina Lowisz confirmed to news.Bitcoin.com on Tuesday that “people can buy BTC, ETH and our own token CAS with INR so far,” noting that BCH will be added by Christmas. To access Cashaa’s banking services, users need to have the platform’s native token. “We will enable this [buy crypto with INR] service for Indian residents who have at least 2,500 CAS in their Cashaa wallet,” CEO Kumar Gaurav said earlier this month. The coin, currently trading at $0.008, can be used to pay for services and fees on the platform. Founded in June 2016, Cashaa currently offers personal and business accounts. A large number of its users are in India, the company revealed. Its services allow users to purchase cryptocurrencies using credit or debit cards, deposit funds via bank transfer in over 200 countries, and withdraw funds in users’ local currency. In addition, the company claims that its “crypto-friendly bank accounts have received a huge demand including more than 700 business signups, many of which are in the process of onboarding.” Banking Restrictions and Regulatory Uncertainty Cashaa explained that it has been working to provide a solution to users in India ever since the RBI banned financial institutions from providing services to businesses dealing in cryptocurrencies. The ban went into effect in July last year and banks subsequently closed accounts of crypto exchanges, forcing some of them to shut down. Several writ petitions have been filed with the country’s supreme court to challenge the ban. The court is scheduled to resume hearing the case on Nov. 19. A number of crypto exchanges responded to the RBI ban by launching exchange-escrowed peer-to-peer (P2P) trading. Bitcoin.com also has a P2P marketplace for bitcoin cash available to users in India. Meanwhile, a bigger issue is looming in India — the legal framework for cryptocurrency. A draft bill that seeks to ban all cryptocurrencies except state-issued ones is being considered by the Indian government, which has told the supreme court that this bill may be introduced in the next session of parliament. However, many people in the Indian crypto community believe that the bill is flawed and are heavily campaigning to convince the government to reevaluate the recommendations in the bill. What do you think of Cashaa’s banking solution for crypto users in India? Let us know in the comments section below. Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Images courtesy of Shutterstock and Cashaa. Did you know you can buy and sell BCH privately using our noncustodial, peer-to-peer Local Bitcoin Cash trading platform? The local.Bitcoin.com marketplace has thousands of participants from all around the world trading BCH right now. And if you need a bitcoin wallet to securely store your coins, you can download one from us here. The post Cashaa Launches Banking Solution for Indian Crypto Owners appeared first on Bitcoin News.
Bitcoin News

4 Cryptocurrency Projects That Successfully Changed Chains

Choosing the right blockchain is a tough call for any development team. It’s a decision that entails correctly anticipating project requirements – scalability; speed; community; security – before a line of code has even been written. It’s no wonder that a project occasionally finds its first choice of blockchain isn’t ‘the one,’ forcing it to play the field. Also read: Bitmain’s Jihan Wu Talks Mining and Industry Growth With Bitcoin.com’s CEO Unchained: When Cryptos Drop Their Blockchain Like marriage, blockchain is meant to be a life-long commitment. You pick your network and then you stick with it through thick and thin, because the alternative – to elope with a faster, more scalable model – is frowned upon. It’s also a hassle having to move all your stuff, like your token, community and development stack. And yet sometimes, when irreconcilable differences get too much, the benefits of chain-hopping outweigh those of staying put and sticking it out. When games developer Biscuit named its medieval-fantasy EOS Knights, it seemed a certainty that the product would remain firmly wedded to the EOS blockchain. Following a name change from EOS Knights to Knight Story, however, the project has now signaled its intention to trade up. Knight Story has switched allegiance from EOS to Tron and will release an upgraded version of the blockchain game in December that will include a revamped economy powered by TRX and TRC-based tokens (including NFTs). Game of Trons: you win or you die. Now that the company has pledged its fealty to Justin Sun, the CEO of TRON and Bittorrent was quick to heap praise upon the project. “There has never been a decentralized game of this scale before,” gushed Sun. “Biscuit’s successful rollout of blockchain gaming for mainstream audiences marks a turning point for the space.” As for the deeper reasons for the change, Biscuit cites Tron network’s performance, developer-friendly tools, and robust ecosystem of applications. The company also believes Tron will grant it greater opportunities for ‘synergistic partnerships.’ Despite the fact that ‘synergistic partnerships’ sounds like corporate fluff, it may in fact be the key to understanding why a game that boasted 6,000 daily players on EOS would consider pastures new. The move means that in future Biscuit will be able to leverage Tron’s partnerships with Bittorrent and Opera in its ongoing quest to reach a wider audience and attract more players. EOS Knights is the second most popular EOS dapp. It’s now moved to Tron. The Distributed Key to Change Another project which realized its first choice simply wouldn’t work out is Remme, a public key infrastructure (PKI) solution striving to make passwords obsolete. Originally the team settled on Hyperledger Sawtooth to deliver its goals, choosing the blockchain because of Hyperledger’s parallel transaction execution, private network support with permissioning features, pub-sub events system, modularity, and pluggable consensus algorithms. The team were also enthused by the fact that Hyperledger offered multi-language support during the development phase. But as Remme explained in July, the potential benefits of Hyperledger were eventually outweighed by a number of obstacles they encountered during the development phase that made migration the only sensible option. In the end Remme was forced to concede that “If we were to continue building on Sawtooth it would require us to direct our energies towards improving the Sawtooth ecosystem itself so it can operate a network our use cases require rather than on our core development.” For that reason, the team decided to move to a more tried and tested system, selecting the EOSIO codebase of EOS. It’s a choice that appears to be already paying dividends: with greater support and battle-hardened infrastructure, EOSIO is fast-tracking Remme’s progress. After months of delays under Hyperledger, the EOSIO switch has rapidly led to successful testnet deployment and the Remme mainnet is now scheduled for launch this December. Changenow Changes Its Chain Crypto-changing site Changenow is in the business of swapping crypto, but in April the company announced it would be making a swap of another nature by transferring NOW Token from Ethereum to Binance Chain. Instead of choosing one chain over the other, however, Changenow decided that half of its tokens should remain on the Ethereum chain with the other half burned and reminted on Binance Chain. According to a press release, this was done to give the platform’s users freedom of choice, with the Changenow site offering NOW Swaps for anyone who wants to make the change. A better explanation may be that the partial migration allowed Changenow to cash in on the huge amount of hype surrounding Binance Chain, and in the process become only the second coin to be listed on Binance DEX. Dev-initely Leaving It’s not just crypto projects that switch blockchains – sometimes devs jump ship too. Pokkst is one developer who did just that, porting all of his work from Bitcoin Core to Bitcoin Cash, including his non-custodial wallet Crescent Cash. Explaining the switch, the developer said: “With the complexity of the Lightning Network, Bitcoin (BTC) is a lost cause. Bitcoin Cash still works flawlessly though, just like how BTC used to.” Change isn’t always possible. Thanks to an abundance of choice in the cryptosphere, it’s never too late to change hearts, minds and chains. What other projects have successfully changed blockchains? Let us know in the comments section below. Images courtesy of Shutterstock. Did you know you can verify any unconfirmed Bitcoin transaction with our Bitcoin Block Explorer tool? Simply complete a Bitcoin address search to view it on the blockchain. Plus, visit our Bitcoin Charts to see what’s happening in the industry. The post 4 Cryptocurrency Projects That Successfully Changed Chains appeared first on Bitcoin News.
Bitcoin News

Korean Crypto Market is ‘Pretty Dead’, Says Primitive Ventures Founder

Korean traders have thrown in the towel, with crypto trading volumes visibly lower over the last few months. The Kimchi premium is now completely gone, and the slower volumes have wiped out the markets for multiple altcoins. Korean Traders Lose Taste for Risk Dovey Wan, the co-founder of PrimitiveCrypto, has commented on the outflow of traders, as the Korean markets show a serious case of crypto fatigue. Korea market is pretty dead … even with fiat on-ramp the highly speculative community there is VERY fatigued due to low volatility too (and it’s saturated long before imo) The fact that Bitthumb started Bitthumb global initiative to expand globally says so — Dovey Wan (@DoveyWan) October 21, 2019 The Korean markets, led by activity on Bithumb, actually led Bitcoin (BTC) prices to their absolute peak. In Korean won, the BTC price reached above $20,000. Altcoins that showed up on Korean markets also got a serious boost. For some ICO projects, the Korean markets were an important source of price discovery, and without trading, the token prices lost almost all their value. Korean traders also led Bitcoin Cash (BCH) to a wild rally above $2,500, followed by a deep crash. This event, followed by a prolonged bear market for most coins, erased the previous speculative appetite. During that time, South Korean exchanges were also under attack, allegedly by the Lazarus group of hackers working for the North Korean regime. Overall, altcoin trading remains subdued, with several exceptions. But exchanges are trying to pivot into new sources of earnings. Even Binance saw its volumes drop significantly. Previously, altcoins provided heightened activity, but now, multiple pairs remain inactive, calling for delistings. Dovey Wan also pointed out that previously busy crypto-related chats are now mostly abandoned, or have switched to other topics. With little hope that obscure coins would go “to the moon”, groups have disbanded. Most of the wechat crypto groups are now pretty much dead. The alive ones are becoming groups of sports discussing, food pics sharing, refund yelling, market cursing, alternative asset speculating, tindering, etc etc Exactly like 12 months ago when BTC was ranging above 6k — Dovey Wan (@DoveyWan) October 21, 2019 Hopes Lost for New Altcoin Season The newest observations point to the loss of hope that another “altcoin season” could be in the making. On the contrary, a significant purge of coins is happening, with most assets having no hope of recovery and almost no liquidity. But there is new hope for most exchanges, as stablecoins still see growing flows between exchanges. The Korean won fiat on-ramp turned out to be insufficient and was only limited to locals who could open bank accounts in the country. The Korean won, once taking over as the most active BTC pairing, now contributes only 1.64% to BTC trading. Where one region lags, another takes over. Currently, Binance, OKEx, and Huobi are harnessing the interest of international traders, as well as activity from China. Altcoin trading has switched to interest in BTC, as well as decentralized finance, staking, crypto lending, and the occasional Initial Exchange Offering (IEO). The newcomers into the crypto space this time may be enthusiastic Europeans. Exchanges like Bibox and the Bitpanda brokerage are making forays into the continent, offering a liberal regulatory climate and sufficient banking services. What do you think about South Korea’s crypto fatigue? Share your thoughts in the comments section below! Images via Shutterstock, Twitter @DoveyWan The post Korean Crypto Market is ‘Pretty Dead’, Says Primitive Ventures Founder appeared first on Bitcoinist.com.
Bitcoinist
ESSENTIAL

An STO Lifecycle: The Complete List of Milestones

How to issue a digital security, what are the steps: a brief outline of the 12 stages that a company will take to launch an STO complying with all the legal issues
OTC & Media Activity
ESSENTIAL

OTC & Media Activity

Finrazor together with ICORating conducted researches and checked the correlation between OTC and mentions of certain words and the originality of the news
ESSENTIAL

Security Token Offerings Could Disrupt Venture-Backed Tech Startups Positively

A handful of methods exist for raising capital, from private offerings to semi-public to a full-blown IPO or ICO. Now STOs are on the rise which might just be what tech startups need to revitalize the market
Why Blockchain Technology Is Here To Stay
ESSENTIAL

Why Blockchain Technology Is Here To Stay

We keep up the tradition of giving the stage to crypto advocates to talk about the cryptoindustry. This time we will review the usefulness of blockchain technology and why it deserves a say in the modern world
ESSENTIAL

Security Token Offering 101

A Security Token Offering (STO) is a form of raising capital for a startup by distributing tokens to investors. While ICOs mainly deal in utility tokens that grant their holders access to services and products associated with respective blockchains and dapps, security tokens can be thought of as digital documents representing the investor’s rights to equity, a revenue share, debt, etc. STOs provide a better investor protection as they need to be compliant with appropriate regulations

Latest digest

DIGEST

Is It Enough for Crypto?

Today’s hot threads: possibilities of changes in the value of a crypto due to changes in its ‘supply schedule’, concerns whether Coinbase could be working ‘in the shadow’ and some rumors from Ethereum-community
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