Search Results for: cryptoasset

South Korean

South Korean MP Calls on Seoul to ‘Urgently’ Boost Crypto Innovation

A politician called on South Korea to “urgently” prioritise the development of crypto security technology. Stating that for the country, and the rest of the world, blockchain-powered finance is now an inevitable reality. At a Blockchain National Government Project event, sponsored by the Legislative Policy Research Group of the Parliament. And jointly hosted by Lee […]

samsung logo

Samsung adds Anti-money Laundering Features to its Crypto Wallet

A cryptoasset anti-money laundering (AML) solution has been integrated by major smartphone manufacturer Samsung to help boost the security of its Blockchain Wallet, a feature of its latest flagship handsets. The company has signed a “Blockchain Service AML Integration Agreement” with Samsung via a blog post from the South Korean, Singapore-based software company Uppsala Security […]

bitcoin

100 Million People Around the World Are Now Using Crypto-Based Assets, Says Cambridge Research

Researchers at the Cambridge Centre for Alternative Finance recently disclosed that Bitcoin (BTC) and other blockchain-based assets are currently held by 100 million people around the world. The 2nd Global Cryptoasset Benchmarking Study in 2018 estimated the number of identity-verified crypto users globally at approximately 35 million. As of Q3 2020, crypto-exchanges have opened up […]

bithumb

Broker Confirms that Bithumb is on sale, Big Players ‘Interested’

An accounting firm has confirmed that Bithumb, the major crypto exchange in South Korea, is up for sale. The troubled Bithumb Holdings, which owns over 70 percent of the exchange, is actively looking for a buyer, as reported. Accounting firm Samjong KPMG, a joint venture firm that includes Dutch giant KPMG, told, one of the […]

EU Crypto

EU Plans New Crypto Rules By 2024, EUR 55Bn in Added Value Expected

The EU is reportedly aiming to introduce new rules by 2024 to make cross-border payments faster. And cheaper through the use of blockchains and cryptoassets. And hopes to increase the sector’s potential added value by EUR 27 billion-EUR 55 billion. Reuters reported, citing two unspecified EU documents, that the EU executive will present a draught […]

Cryptocurrency

Three Crypto Trader Solutions When Markets Get Volatile

Bitcoin (BTC) is here again! And so is the rest of the market for cryptoassets. But their return has also heralded market volatility’s comeback. While experienced traders rejoiced at 5% to 15% intraday price movements, allowing them to make substantial daily gains, not everyone is happy. Sharp upswings in volatility can present more challenges than […]

Here’s How the US-China Tension Could Benefit Bitcoin

Tensions between the US and China have risen in recent weeks. The US economy has declined in response, although some observers say it has also helped drive the bitcoin (BTC) cost lower to just under USD 12,000. While the further deterioration of US-China relations could benefit Bitcoin, figures from the crypto-industry told Cryptonews.com that sanctions […]