Korean Cryptocurrency Exchange Youbit to Close After Second Hack in a Year

South Korean cryptocurrency exchange Youbit has revealed plans to file for bankruptcy. The decision to close operations follows announcements that the exchange was hacked for the second time this year. Also Read: More Firms Entering the Bitcoin Market See Stocks Soar    Second Accident in a Year Youbit announced on its website on Tuesday that it … Read more

India’s Crypto Crackdown: Wealthy Bitcoiners Targeted, Start-Ups Scrutinized

It has been a busy week for the government of India concerning cryptocurrencies. After it raided crypto exchanges, it is now actively investigating wealthy bitcoiners through the Income Tax Department of India (ITDI). In addition to roustings and investigations, the Securities and Exchange Board of India (SEBI) announced new scrutiny initiatives regarding initial coin offerings … Read more

PR: Investing Platform Coinseed Announces ICO Pre-Sale for Spare Change Investment in Cryptos

Coinseed Announces Its Pre-Sale ICO As we launched our iOS and Android app on November 21, 2017, we had a tremendous growth without any paid marketing. We already hit our banking deposit limit only within the first 2 weeks of our launch. To manage this massive growth, we reduced our daily deposit limit for our … Read more

Zerolink Invites Users to Test its Anonymous Bitcoin Coinjoin Mixer

Zerolink, a bitcoin-based privacy solution, has announced plans for a large-scale anonymity test. To ensure the pilot’s success, the platform’s creator is seeking volunteers to help trial the first “fully anonymous usage of bitcoin”. Using the mantra “anonymity likes company”, Zerolink has issued a call to arms for 100 transaction testers, who’ll be compensated for … Read more

Major Japanese Automotive Group and Dealerships Embracing Bitcoin

One of Japan’s largest used car automotive groups has partnered with the country’s largest cryptocurrency exchange Bitflyer to enable bitcoin payments at its dealerships across Japan. Starting with 26 dealerships, the company also plans to add bitcoin payments to 550 additional locations. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions Car Dealerships … Read more