Crypto-news

In South Korea, more than 60 cryptocurrency exchanges must notify their customers about a partial or full suspension of trading by Friday midnight, a week before a new regulation comes into effect. The new regulations require exchanges to register with the Financial Intelligence Unit by 24 September, providing a security certificate from the Internet Security…

Holding North American Bitcoin miner equity is an opportunity for those looking for indirect Bitcoin exposure in the public markets, said the Deep Dive, Bitcoin Magazine’s premium markets newsletter. Because of average year-to-date returns for the top-four North American Bitcoin miners are up to 140% versus Bitcoin price returns of 49%. Of the top-four publicly…

Facebook has big plans for expanding in the world of financial services. Its upcoming digital wallet, Novi, will be built upon the still-pending stablecoin Diem to supplant established players like PayPal in the process. The social network’s Novi division will be “a next-generation digital wallet” built upon cryptocurrency that will be nothing short of a…

The study of Fidelity has shown an increased appetite of institutional investors for Bitcoin and crypto, while a lack of understanding still is a barrier for wider adoption. The 2021 Institutional Investor Digital Assets Study published by Fidelity Digital Assets tracked institutional investor’s behavior amid the uneasy situation on traditional markets in the past year….

Over 310,000 ETH worth over $1 billion has become unusable since Ethereum implemented its “London Hard Fork” system upgrade six weeks ago. The “burning” process began on Aug. 5 when the Ethereum London Hard Fork upgrade was deployed and with it the long-awaited EIP-1559. The upgrade altered the transaction fee mechanism to do away with…

The level of digital transformation in payments in the UAE has changed consumer behavior, showing the growing appetite for crypto and blockchain, claimed John Hensel, co-founder and CEO of Securrency, an Abu Dhabi-based technology firm. In a survey conducted by The National News two months ago, half of UAE citizens said they plan to use…