Six Korean banks will begin allowing the simultaneous opening of accounts, deposits and withdrawals, as well as transfers of funds between these accounts and exchanges, beginning on January 30, 2018, but with some new restrictions.South Korea’s government continues its efforts to rein in the trading
Security is one of the hottest topics in today’s ever-evolving digital world. A steady flow of debate continues to take place at tech forums worldwide on topics like encryption, passwords, two-factor authentication, hardware wallets and the like.As cryptocurrencies and the tools being used to manage
Opendime is a tiny USB flash drive that can be loaded with bitcoin by the first user and given to another user, who is, in turn, able to pass it along to a third user and so forth.The private key attached to each Opendime is generated by the device at the time of setup by the user: It is not known by
The price of ether is likely to head south unless the bulls can quickly pull the price back over $1,100, price chart analysis indicates.
Not all unwelcome tidings can be dismissed as attempts to sow "fear, uncertainty and doubt," and shooting the messenger won't make the message untrue.
South Korea's financial watchdog has set a date for the introduction of a new rule barring anonymous virtual cryptocurrency trading accounts.
In a newly published paper on the use of bitcoin for illegal activity, researchers from the University of Sydney, the University of Technology Sydney and the Stockholm School of Economics in Riga indicate that a quarter of all bitcoin users are associated with illegal activity.The use of bitcoin for
Like many other mainstream economists, Paul Krugman has long-shown a complete disdain for Bitcoin. In late 2013, he went as far as to write a piece titled “Bitcoin Is Evil” for his column in The New York Times.Moral objections to bitcoin are one thing, but Krugman also does not see much utility in the
Shortly after a sharp drop from the mid $14,000 to the lower $9,000s, bitcoin saw a strong bounce to the upper $11,000s. At the time of this article, bitcoin appears to be consolidating and is ready to make its next move: Figure 1: BTC-USD, 1 Day Candles, Macro View In the previous BTC market analysis
Increasing interest in cryptocurrencies has led to an influx of new investors. Unlike traditional markets, there are few tools that can help people make informed decisions, a situation that has already begun to claim victims in a particularly volatile environment.In separate announcements, Weiss Ratings
By Shawn Gordon What is Ripple? Technically speaking, is Ripple a cryptocurrency in the mold of Bitcoin? The short answer is probably “no,” but that doesn’t stop it from often being lumped into that same category.What is Ripple?Originally released in 2012 as a subsequent iteration of Ripplepay, Ripple
Owning cryptocurrency comes with its own set of challenges. One of the biggest of those challenges is managing the private keys that enable you to spend funds. Lose your private keys, and your money is gone.In a business environment, a common way to manage funds owned by multiple people is via what’s
With its recovery stalled, bitcoin needs a quick break above $12,500 or the tide may turn in favor of the bears.
San Francisco–based startup Origin is creating a set of protocols that allow developers and businesses to build decentralized marketplaces on the blockchain, with a focus on the sharing economy.The Origin Protocol is a set of open-source blockchain protocols for buyers and sellers of services like car-sharing
Decentralized exchange Radar Relay has partnered with Ledger to allow for hardware wallet-to-wallet direct transfers.
Following the release of the first Bitcoin Lightning Network white paper, published in February 2015, developers have been working on Lightning Network implementations to enhance the throughput and usability of the Bitcoin network. For an overview, see this three-part series on “Understanding the Lightning
The cryptocurrency market is showing early signs of possible recovery, with Ripple and Stellar performing best among the top 10 currencies.
A recent study (PDF) from the Foundation for Defense of Democracies’ Center on Sanctions and Illicit Finance and blockchain analytics company Elliptic explored the “bitcoin laundering” ecosystem. In the study, Elliptic’s forensic analysis of the Bitcoin blockchain and other publicly available data were
South Korea will make a decision on Thursday over its stance on cryptocurrency exchange regulation, according to a report by Reuters.