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Young South Koreans lured by cryptocurrencies struggle with bust after the boom The country has embraced cryptocurrency so quickly that the government was forced to enact legislation to safeguard consumers and prevent illegal activity. But as prices began to plunge, Koreans like Park were taken for a ride. Park, who had been looking forward to one day moving out of her parents' ...
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Liechtenstein's Bank Frick is Offering Cryptocurrency Investments and Cold Storage Liechtenstein-based Bank Frick is now giving its clients the ability to buy Bitcoin, Bitcoin Cash, Litecoin, Ripple, and Ethereum, while also promising to secure their cryptocurrency purchases from cyber attacks with backed-up cold-storage wallets.
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AMD Worried About its Business if Cryptocurrency Miners Don't Buy GPUs Apparently, AMD, the company that develops computer processors, has disclosed that if cryptocurrency miners stop buying GPUs, the business may suffer an important impact. The information was revealed in a recent 10-K annual filing.
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Bank of England chief calls for cryptocurrency regulation "The time has come to hold the crypto-asset ecosystem to the same standards as the rest of the financial system," he said, stating that this would reduce criminal activity related to cryptocurrency and safeguard the financial system. "A better path would be to regulate elements of the crypto-asset ...
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SEC subpoenas TechCrunch founder's cryptofund amid broader investigation into digital coins "We received a subpoena. Every [crypto]fund I've talked to has received one," said Michael Arrington, TechCrunch founder who launched his own $100 million cryptocurrency investment fund in the fall. Subpoenas across the cryptocurrency industry come from Securities and Exchange Commission ...
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Bitcoin takes on cash, as more places accept the cryptocurrency In this Feb. 7, 2018, photo, a neon sign hanging in the window of Healthy Harvest Indoor Gardening in Hillsboro, Ore., shows that the business accepts bitcoin as payment. One of the biggest criticisms of cryptocurrencies is that they're trying to be something they're not. None of them, after all, is as readily ...
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New Augmented Reality Game Swaps "Pokemon GO" Nostalgia for Cryptocurrency CryptoHunt wants to take on the beasts of mobile gaming, and it wants to do so through the blockchain. The augmented reality game uses a cryptocurrency reward system to give players real-life money for completing tasks. If successful, it could revive the kind of summertime craze when millions scouted ...
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Some of the cryptocurrency stolen in Coincheck heist has been traced to Canada Some of the funds stolen from Coincheck Inc. in the US$500-million heist have been traced to a cryptocurrency exchange in Canada, according researcher BIG Blockchain Intelligence Group Inc. Some of the stolen NEM coins are being transferred to a Vancouver-based exchange, where they are being ...
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Mexico Congress approves bill regulating cryptocurrency and crowdfunding [JURIST] Mexico's Lower House of Congress [official website, in Spanish] approved [vote record, in Spanish] a bill [text, PDF, in Spanish] Thursday that would place regulations on crowdfunding and cryptocurrency firms. The bill previously passed [Reuters report] the senate and still needs to be signed ...
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