• Japan is one of the world’s most crypto-friendly nations at the moment. It made digital currencies legal tender in April last year and enjoys a free and unfettered crypto trading environment. The drive behind this adoption of virtual currencies is an efficient and structured framework of regulation. This is about to be improved with the merger of two of the country’s leading cryptocurrency groups. According to reports the Japan Blockchain Association and the Japan Cryptocurrency

    Cryptocurrency in Japan: Crypto Industry Groups to Merge, Launch Self-Regulatory Body

    | 2018/02/16 2:30 am
  • Anyone getting involved in cryptocurrency should be well aware that the emerging market carries its fair share of risk. However, popular San Francisco-based exchange Coinbase has taken it to another level by severely overcharging users debit and credit cards – reportedly upwards of 50x the correct amount. Coinbase Admits to Accidentally Draining Users’ Bank Accounts Coinbase – one of the most popular digital currency exchanges – has admitted to accidentally draining users’ bank accounts by

    Coinbase Confirms Drastically Overcharging Users Debit/Credit Purchases, Draining Accounts

    | 2018/02/15 4:15 pm
  • Bitcoinist spoke with Mati Greenspan, Senior Market Analyst at eToro, on where the Bitcoin price is headed, how the popular platform is handling an influx of new users, and where he sees the cryptocurrency market headed in 2018 and beyond.  eToro is the leading  social investment platform in the world. Moreover, it is one of the first traditional trading platforms that has embraced Bitcoin trading.  By the end of 2013, eToro reportedly had over 3 million

    Bitcoin Acting as ‘Safe Haven of the Crypto World’ – eToro Senior Market Analyst

    | 2018/02/14 4:30 pm
  • Well-known cryptocurrency traders have reacted with excitement to news decentralized cryptocurrency exchange Hodl Hodl has launched its public BETA. Hodl Hodl Sets Price Of Avoiding KYC At 0.6% The p2p platform, which offers traders decentralized exchange functionality for Bitcoin and Litecoin, announced its limited debut February 11. “For now, we are opened in BETA-mode until July of 2018, which means a lot of new features are coming soon, with the main functionality of the exchange

    Hodl Hodl Launches P2P Bitcoin Exchange Without KYC (But Not For US Citizens)

    | 2018/02/12 8:30 pm
  • The hack of Italian exchange BitGrail involving Nano (XRB) has caused a rift between cryptocurrency’s biggest names after its owner asked Nano to alter its ledger. BitGrail Owner Wanted Ledger Change To ‘Cover Losses’ While the hack affected a tiny number of cryptocurrency holders, BitGrail’s choice of remedy has led to ricochets involving Ethereum co-founder Vitalik Buterin, Bitcoin Core developer Greg Maxwell and others. BitGrail, a low-level operation, reportedly lost “17 million” XRB tokens last

    ‘No One Should Have That Power’ – Maxwell Slams Vitalik Buterin ‘Rescue Forks’

    | 2018/02/12 3:00 pm
  • Eager to garner some attention on social media, controversial cryptocurrency loudmouth John McAfee played journalist and flung FUD at popular exchange Binance, following their unforeseen outage. It didn’t end well for McAfee. Late in the evening on Feb. 7th, Binance unexpectedly closed its doors after experiencing unforeseen server issues. Though not a pleasant situation for day traders or anyone with large amounts of liquidity on the popular exchange, the company kept users abreast of the situation

    Binance to John Mcafee: Blockchain Public Ledger Disproves Your FUD

    | 2018/02/09 5:30 am
  • Promising an innovative way to trade cryptocurrencies and other assets, trade.io is set to launch its exchange in April – and is well-equipped to outperform the competition. An Exchange Like No Other trade.io – a blockchain based trading platform which aims to democratize the markets, disrupt the financial industry, and recapture and redistribute wealth back to investors and companies—has already had a highly successful ICO, raising $31,169,749 from 15,073 participants who purchased 65,782,147 Trade Tokens

    Innovative trade.io Exchange Launching in April

    | 2018/02/08 5:00 pm
  • Breaking News: Less than an hour ago, exchange giant Binance announced that they were closing the doors for the next 12 hours.  A system upgrade extension was cited as the reason. Anxious traders responded to the company Tweet in the hope that the exchange had not been hacked and no data was lost. They were reassured by the company: We experienced a server issue on our replica database cluster, causing some data to be out

    Crypto Exchange Binance Goes Dark – 12 Hour Outage for Maintenance, System Upgrades

    | 2018/02/07 10:15 pm
  • Singapore doesn’t view Bitcoin as a threat and claims there is no reason to ban cryptocurrency trading within the city-state. Why so Serious? As China steps up its efforts to eradicate Bitcoin buying and cryptocurrency trading from within its borders, Singapore sees no reason to ban “experimental” cryptocurrency trading in the city-state. The news comes after an extensive review from Singapore’s central bank, who has been conducting studies on cryptocurrencies and their potential risks. Deputy Prime

    Singapore Sees No Reason to Ban Cryptocurrency Trading

    | 2018/02/06 5:00 pm
  • Following false fears of a Bitcoin ban in India, the FUD storm continues as China looks to completely eradicate cryptocurrency trading—but can they succeed? Chinese FUD Strikes Again It’s been a rough month for Bitcoin and the cryptocurrency market. The price of the dominant cryptocurrency has dropped below $8,000, and many altcoins have suffered even more significant losses, following a seemingly endless flood of FUD (Fear, Uncertainty, and Doubt) from mainstream media outlets. Now, it appears

    FUD Storm Continues as China Steps Up Pressure Against Cryptocurrencies

    | 2018/02/06 9:00 am
  • Coinbase has stated its commitment to introduce SegWit compatibility in “a few weeks,” fulfilling a promise made to customers in late 2017. Final Testing Confirmed In a tweet Monday, the largest US exchange and wallet provider repeated claims made late last year that SegWit – as a “feature” – was less of a priority for developers than security and performance. “Our engineering team has begun the final testing phase of SegWit for Bitcoin on Coinbase.

    Coinbase Plans SegWit Release ‘In A Few Weeks’

    | 2018/02/06 6:30 am
  • Some of Australia’s biggest banks confirmed they won’t prevent customers from buying and selling Bitcoin with credit cards, unlike some of their counterparts in the UK and US.  ‘No Restrictions’ Following a different approach than Lloyds Banking Group, JP Morgan, Bank of America, and Citigroup, Australia’s biggest banks currently have no plans to bar their customers from buying and selling Bitcoin with credit and debit cards. ANZ told ABC news that it “does not prohibit

    Australia’s Major Banks Confirm They Won’t Ban Buying Bitcoin

    | 2018/02/06 1:00 am
  • Nischal Shetty, co-founder of social media management app Crowdfire, is set to launch a new Bitcoin and cryptocurrency exchange called WazirX. According to an announcement published on the WazirX blog, the exchange will go live in March. WazirX – India’s Most Trusted Bitcoin Exchange Formerly known as JustUnfollow, Crowdfire currently serves more than 19 million users around the world. Shetty, along with fellow Crowdfire co-founders Anirudh Khusape, Sameer Mhatre and Siddharth Menon, built WazirX in

    Crowdfire Founder Nischal Shetty to Launch India’s WazirX Bitcoin Exchange

    | 2018/02/05 2:45 am
  • Japan’s Financial Services Agency raided the offices of the hacked Coincheck cryptocurrency exchange to see if they had adequate funds to repay customers. The recent hack of the Coincheck cryptocurrency exchange in Japan sent a shock wave through the crypto world. The total value of the loss was staggering, coming in at around $530 million. The Financial Services Agency (FSA) originally gave the exchange essentially a slap on the wrist, but due to the seriousness

    Japanese Authorities Raid Hacked Coincheck Exchange

    | 2018/02/02 1:45 am
  • South Korea’s government has confirmed it has “no intention” of banning or “suppressing” cryptocurrency trading in fresh comments on the industry. ‘No Intention To Ban’ In comments Wednesday quoted by Reuters, finance minister Kim Dong-yeon, who earlier in January said that a shutdown was still a possibility, finally ended apprehension surrounding the future of cryptocurrency trading in the country. Kim had faced a 200,000-strong petition demanding he be fired from his position after the comments,

    South Korea Government ‘Will Not Ban Or Suppress’ Cryptocurrency – Minister

    | 2018/01/31 6:30 am
  • Japan’s popular chat app, Line, has announced that they have filed to launch a cryptocurrency exchange within the app. While some countries are clamping down on cryptocurrency and exchanges, Japan has opened their doors. This had led to a marked rise in crypto-related businesses seeking to do business within the country. Of course, there are home-grown businesses looking to hop on board the crypto train as well. The latest to do so is Line, the

    Japan’s Popular Line Chat App to Launch Cryptocurrency Exchange

    | 2018/01/31 2:15 am
  • The Coincheck exchange hack sent shockwaves through the crypto community, and analyst Nicholas Colas says to expect more such hacks in the future. The hack of the Japan-based Coincheck crypto exchange last week was huge. Roughly 523 million of its NEM coins were stolen, causing the exchange to shut down all withdrawals, except for Bitcoin. The overall value of the stolen coins is around $534 million. However, the crypto market stabilized pretty quickly, but more

    Watch Out! Analyst Says More Crypto Exchange Hacks Coming

    | 2018/01/30 4:30 am
  • Millennials can’t get enough of crypto it appears. When US trading brokerage Robinhood announced that it was venturing into the crypto space social media erupted with enthusiasm. Those eager to embark on a journey into crypto land will have to get in line, over a million users have already signed up for early access to the new crypto app. According to reports Robinhood has been inundated with interest in its latest offering. It has only

    Over 1 Million People Queue Up for Early Access to Robinhood’s Crypto Trading App

    | 2018/01/30 12:30 am
  • Japan’s financial regulator has ordered hacked exchange Coincheck to “improve” but appears uninterested in restricting cryptocurrency activities. FSA: ‘Don’t Do It Again!’ In an order to Coincheck, which lost $530 million to hackers last week, the Financial Services Agency (FSA) of Japan has demanded a full explanation of what went wrong, along with a raft of upgrades for “prevention of similar events in the future.” Following news that malicious parties had compromised the exchange’s hot

    Coincheck Shows Relief As Regulator Orders ‘Improvements’ After Hack

    | 2018/01/29 7:00 am
  • Japanese crypto exchange Coincheck announced that it would reimburse roughly $425 million to its users affected by the recent hack. Usually when a cryptocurrency exchange is hacked, its users are out of luck. Valuable coins that have been stolen are never seen again, leaving users with empty wallets, shattered hopes, and lots of anger. However, the recent major hack of Coincheck is playing out differently as the Japanese exchange announces it will pay back $425

    Coincheck to Reimburse $425 Million to Users Affected by Hack

    | 2018/01/28 5:15 am
  • Andreas Antonopoulos has said he doesn’t expect regulated exchanges such as Coinbase to run the Lightning Network as it gains mainstream acceptance. ‘Their KYC Fell Apart’ In comments on the first episode of Let’s Talk Bitcoin! in 2018, the educator said AML/KYC obligations exchanges face are incompatible with the nature of Lightning, which recently launched a limited yet rapidly-growing mainnet implementation. The upgrade to the Bitcoin network promises vastly reduced transaction times and fees, yet

    Coinbase, Exchanges ‘Won’t Run’ Lightning Network – Andreas Antonopoulos

    | 2018/01/26 4:30 am
  • Robinhood, the self-acclaimed fastest-growing online brokerage in history, is getting into cryptocurrencies. It will be offering zero commission crypto trading starting in February. Not quite stealing from the rich and giving to the poor, but opening to crypto trading is certainly a step in the right direction for the US company. Robinhood is a big hit with millennials as it reportedly has 3 million users with a median age of 26. Venturing into crypto will

    Watch Out, Coinbase! Robinhood Targets Millennials with Free Crypto Trading

    | 2018/01/26 12:00 am
  • Six BitConnect investors, who collectively lost over $700k on the platform, are taking the company and its affiliates to court in the US. Earlier this month, BitConnect released this piece of so-called ‘System News’ on its website, outlining the fact that closing the Bitconnect lending and exchange platform. In line with the halt, the company reported that it would be moving forward with some key changes made to its platform, primarily rooted in the idea that

    Will Justice Be Served? Bitcoin Trading Platform BitConnect Sued by Six Investors Who Lost Over $700k

    | 2018/01/25 3:15 pm