South Korea Expected to End Anonymous Crypto Trading by January 20

The South Korean government has been working on a system to enforce real-name identity verification on cryptocurrency traders. This system is expected to be implemented around January 20, thus ending the current practice which allows for anonymous crypto trading. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Government’s Real-Name System … Read more

Betex Aims To Provide Binary Options Trading In The Blockchain Era

Betex is seeking to reintroduce binary options trading with the versatility and transparency of the Ethereum blockchain. Offering peer-to-peer trading, the ERC-20 tokens and smart contracts of their system will allow for full disclosure of fund movement and procedure. With up to 95% of the results of betting to be going to traders, Betex provides … Read more

Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017

The South Korean government has for the first time obtained data of the total amount of fiat deposits made at cryptocurrency exchanges. At the end of last year, the amount of deposits was 64 times higher than in the previous year. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Koreans … Read more

South Korean Exchanges Revise Policies to Comply with Crypto Regulation

South Korea’s cryptocurrency exchanges have implemented changes to comply with the government’s mandates announced last week. In addition to restricting certain customers from trading cryptocurrencies, the exchanges have stopped issuing new virtual accounts in accordance with the regulators’ real-name requirements. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Government’s Mandates … Read more

Fire Lotto Tokens, A New Blockchain Lottery

Lottos make up 29% of the gambling market cap. With the average lotto ticket costing about $2, the low price of lottos often entice gamers to buy multiple ones. Yet despite frequent play, the current lotto market is due for innovation. Online lottos have captured a significant part of the market. Blockchain based lotteries are … Read more

Bitcoin, Why You Should Own a Bit

The crisis of 2008, which nearly crippled the financial world, was a loud and clear warning that our financial system had become a house of cards. Its integrity depended on the continued solvency of over-leveraged financial institutions. Disclosure: This is a Sponsored Article At the time, I was working as a Senior Data Architect in … Read more

Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency

The Venezuelan government has published a decree outlining the operation of Venezuela’s national cryptocurrency, the Petro. It details the government’s plans for the new currency, including its issuance, mining, and trading. In addition, the Petro will be backed by 5 billion barrels of crude oil. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, … Read more