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Bithumb halts crypto deposits to allow external audit after $13M hack
Bithumb announced via a blog post that it was halting deposits to give ample time to external auditors to conclude their investigation.
197 blockchain companies granted permission to operate in China
China’s Cyberspace Administration approved the operations of 197 blockchain technology companies to have complete authority to operate within the country.
US SEC releases ‘key’ guidelines for cryptocurrency
The U.S. Securities and Exchange Commission has finally made some real progress in helping to provide definition to the cryptocurrency space in the country.
Luxury Swiss hotel to start accepting crypto in May
Crypto lovers are in for a luxury treat at The Dolder Grand as the five-star hotel and spa will begin accepting cryptocurrency payments in May.
Crypto market daily report – April 4, 2019
The cryptocurrency markets demonstrated a slight decline on Thursday morning with most of the larger market caps showing a small decrease although the pullback was quite healthy.
Japan finds new tech unicorn in crypto trading platform Liquid
Japanese crypto trading platform Liquid has officially hit unicorn status, now with a valuation of over $1 billion following its Series C funding round.
SEC gives clear picture of when ICO isn’t a security
The Securities and Exchange Commission has given a clear ruling of an ICO that isn’t a security, giving a roadmap for responsible businesses to develop their own tokens.
North Korea reportedly using crypto heist money for nuclear weapons
Apt 38 is an elite group of North Korea’s most capable hackers, and they are sponsored by the government, according to reports.
Jamaica Stock Exchange to pilot live digital assets platform
Crypto trading will be conducted through the Blockstation platform, an end-to-end crypto solution for stock exchange operators.
Crypto mining firm Riot Blockchain posts $58M loss for 2018
Against the backdrop of ongoing U.S. securities regulator’s investigations into the company, the crypto mining firm reported losses of $58 million for the year.
Coinbase’ wallet insurance coverage stands at $255 million, led by Aon
Coinbase recently explained their extensive cryptocurrency insurance, giving the world a better understanding of how a professional outfit protects its customers.
Pakistani central bank plans to issue digital currency by 2025
The South Asian country intends to issue a state-backed digital currency by the year 2025 to bring more inclusion and reduce inefficiencies in their monetary system.
We aren’t being delisted in Tel Aviv: Bitfarms clarifies its position
In a statement to CoinGeek, Bitfarms has cleared up a lot of fake news related to its Tel Aviv listing.
BTC proves it’s still not ready for mass adoption
After a 20% jump in price, BTC is choking on thousands of unconfirmed transactions, and suffering once again from high fees.
Russia influencers reportedly purchased $8.6B in crypto
Russian economist Vladislav Ginko claimed that some companies and wealthy individuals in Russia have bought 1.8 million BTC (about $8.6 billion).
QuadrigaCX could soon be moved into bankruptcy
Ernst and Young has submitted a proposal to the courts suggesting the company’s restructuring should be move to bankruptcy proceedings.
Crypto ATMs in the Philippines must comply with financial regulations
Firms looking to install a teller for virtual exchange conversions in the Philippines must be approved by the country's central bank.
Crypto market daily report – April 3, 2019
The cryptocurrency landscape continued to turn green all across the board with all major coins showing spectacular increases. Bitcoin SV was up by an equally impressive 26% to cross the $86 level at press time.
‘A bloodbath’: Digital Currency Group reports choppy crypto ventures
Spanning almost 130 investments, the company reported summaries of the performance of its positions since 2016, providing a basis for comparison of the health of the industry from then until now.