Estimate: Crypto Investments in Russia Reached $200 Million Last Year

Cryptocurrency investments in Russian startups have increased 10 times in 2017 when entrepreneurs set in motion more than 100 crypto-funded projects, according to a new estimate. Ordinary working people, however, remain wary. Only 8% of them would like to see their salaries paid partially in crypto. Nevertheless, Russians are optimistic about bitcoin and most of … Read more

Shutterstock Labels Cryptocurrency a 2018 Creative Trend

Most cryptocurrency users will agree that the year 2017 was rather exceptional. We saw all markets grow in spectacular fashion, and the general public’s interest in Bitcoin and altcoins increased by leaps and bounds. As a result, it is not entirely surprising to see cryptocurrency being recognized as a trend on Shutterstock. Searches for “cryptocurrency” on the platform are … Read more

BitFlyer Receives Regulatory Approval to Operate in the European Union

Europe has always been a relatively tepid market when it comes to Bitcoin and other cryptocurrencies. It almost seems as if there is a genuine disinterest in what this new form of money can mean for Europeans. That situation may soon come to change, as Japan’s bitFlyer exchange is expanding to Europe. More competition among European … Read more

Belgian Student Completes the DNA Storage Bitcoin Challenge

It does not happen all that often that the medical sector and Bitcoin come together in a meaningful way. A PhD student at Belgium’s University of Antwerp successfully completed the DNA Storage Bitcoin challenge. By successfully cracking a DNA sequence a week before deadline, Sander Wuyts has won one Bitcoin. At today’s value, that is close to US$11,000 … Read more

South Korean Prime Minister Imposes Crypto Code of Conduct on Government Officials

The South Korean prime minister has ordered a new code of conduct to be prepared and implemented specifically to address the actions of government employees regarding cryptocurrency regulations. This follows the recent case of possible insider trading which is being investigated. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March … Read more

Clarification of South Korea’s Cryptocurrency Regulation Hints at Positive Future

It seems there is still a fair amount of confusion as to what South Korean regulators aim to do about cryptocurrencies. With new regulations going into effect later this week, it is due time to clarify a few things. First of all, there will no longer be an option to trade cryptocurrencies anonymously. Additionally, it seems … Read more