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The Kakao-backed cryptocurrency exchange Upbit has launched a system to reward users for identifying fraudulent multi-level schemes related to cryptocurrencies. The exchange has already identified and reported 20 such schemes to the police. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Reporting Illegal Schemes South Korea’s largest cryptocurrency exchange Upbit has invited … Read more
The Korean central bank has released the results of its nationwide poll which includes information about cryptocurrency acceptance. Among 25,011 poll participants, 40% of young adults are eager to possess cryptocurrencies, according to local media. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Korean Central Bank’s Crypto Poll The Bank of Korea … Read more
Future cryptocurrency trading platforms will look very different from what we are used to today. With atomic swaps and decentralized trading platforms becoming more commonplace, things will get pretty interesting in the future. Ripple co-founder Jed McCaleb is convinced that a decentralized network is the key to success for all cryptocurrencies. A New Era of Crypto … Read more
The Lightning Network is of great interest to most Bitcoin users as of right now. It is evident this technology will introduce a lot of new opportunities, assuming it works properly. It has become evident that hackers are targeting Lightning Network nodes these days, but some users got their revenge in a sweet manner. The … Read more
Cryptocurrency exchanges have always been a prominent target for hackers and other types of cybercriminals. Those concerns will not be going away anytime soon, considering how successful phishing attempts can be. The latest campaign is targeting Binance users and makes mention of an “ERC20 import event”. Binance Users Beware It is evident the growing popularity of Binance … Read more
People who have kept close tabs on the cryptocurrency industry may have come across the term “cryptojacking” before. This particular trend revolves around hackers controlling other people’s computers or smart devices to mine cryptocurrency. A new report shows cryptojacking has gained a lot of traction in Sweden as of late. Sweden is Home to Many … Read more
The German National Tourism Board has announced that it accepts cryptocurrencies such as bitcoin for its services. The organization promotes German travel destinations with offices in 32 countries around the world. GNTB also intends to implement blockchain technologies in its finances. “We want to be a global innovation driver in the tourism industry,” its chairperson … Read more
At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Last week was the tenth installment of my year of cryptocurrency challenge. This week I kept up the challenge and was particularly … Read more
Japanese cryptocurrency exchange Bitflyer reported a 100% increase in the number of its users in just the past four months, as the company continues to grow crypto adoption in Japan by partnering with major stores. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitflyer’s Customers Reach 2 Million Japan’s largest cryptocurrency exchange … Read more
With every green candle in the past two months, cryptocurrency supporters hope the bear trend has ended. However, after each extended period of appreciation, it seems as if an even longer and steeper sea of red is experienced after. Yesterday, technical analysts and spectators alike scratched their heads at Bitcoin’s inexplicable chart. Although the unexpected is … Read more
