Blockchain
KB Kookmin, the largest bank in South Korea is set to launch a cryptocurrency custody service which would involve assets such as Bitcoin (BTC) and Ethereum (ETH). This was confirmed according to a trademark application filed by the bank with the Korean Intellectual Property Office. The filing titled "KBDAC&
Bitcoin
The number of bitcoin wallets with at least 1 bitcoin has reached 788,755, according to Glassnode Studio.This could suggest that most bitcoin investors are either holding more of the cryptocurrency or that more investors are entering the market. Discounts for Owners of Bitcoin Wallets Experts suggest that the
Education & News
Santander and Ripple are launching a blockchain-powered payment service in Mexico which could increase the on-demand liquidity for the digital currency. Santander and Ripple Take on Mexico Santander, with $1.74 trillion in assets under management, is planning to launch its Ripple-powered application in Mexico. One Pay FX is set
Education & News
The Bank of China expressed disapproval of cryptocurrency trading activities through its official WeChat account. China Central Bank Cites Market Manipulation on We Chat In a post on WeChat, the bank makes mention of market manipulation, which it suggests exists in exchanges where leveraged trading causes them to “explode” According
Africa
While many non-coiners and detractors discussed Bitcoin and the world's ecomomic crash due to the Coronavirus pandemic, investors and bitcoiners seem to see an "opportunity" in the current state of the market. With so many people around the world now working from home, as part of
Bitcoin
Founder of Ethereum, Vitalik Buterin made a tweet on Tuesday, 24 March calling for resources to be put towards bridging the gap between two of the world's most popular cryptocurrencies, Bitcoin and Ethereum. DEX Bridges Between Ethereum and Bitcoin Buterin suggests that people would be willing to trade
Education & News
In a recently released biannual report, Tezos Foundation reveals that it sold 8,000 Bitcoin in 2019. The news comes barely a year after it raised $400 million from an initial coin offering. Report Reveals Foundation Sold Bitcoin In July 2019, Tezos Foundation had $397.7 million in bitcoin. In
Bitcoin
Following heightened volatility risks, MakerDao governance approves the use of USD Coin (USDC) stablecoin as collateral in the Maker Protocol. The deicsion was made with the purpose of reducing liquidity risks. MakerDao Approves USDC Stablecoin as Risks Loom According to a blog post by MakerDao on the matter, “Prior to
Africa
The Reserve bank of Zimbabwe (RBZ), the country's central bank is set to regulate cryptocurrencies, making a u-turn from its 2018 ban which prevented local banks from processing crypto payments. According to reports by local media - The Chronicle, Zimbabwe's central bank has started drafting a
Bitcoin
Last week (March 12), the bitcoin and cryptocurrency market experienced its biggest single day dip in the last 7 years. The number one cryptocurrency had its price drop by 50% in under 24 hours; courtesy of panic sell offs due to the Corona (COVID-19) virus outbreak and a global economic
Bitcoin
The Italian Red Cross in partnership with the Colli Albani Committee and Helperbit - a blockchain platform for charities, are raising donations in Bitcoin and other cryptocurrencies as they look to combat the coronavirus epidemic in the country. According to reports, the proceeds from the crypto donations will be used
Bitcoin
A key developer in the cryptocurrency community, Zhen Yu Yong has been hit with the coronavirus. The co-founder of Torus Labs made a public statement on his condition and encouraged those who had come in contact with him to get tested. Cryptocurrency Developer Gets Verdict from Doctors Yong’s doctors