Venezuelan Turmoil Sees $10 Million Spurt on LocalBitcoins

Venezuelan Turmoil Sees $10 Million Spurt on LocalBitcoins

With the country in turmoil and Venezuela‘s future more uncertain than at any point since 1999 when Hugo Chavez first became president, the trade in Bitcoin has peaked, recording USD 10 million in trading on P2P platform LocalBitcoins in just seven days. In the past week, the country was thrown into turmoil when Juan Guaido […]

BitcoinNews.com Bitcoin Market Analysis 29th January 2019

Bitcoin Market Analysis 29th January 2019

After a week’s movement in the consolidation channel, sellers continued to fall. In the previous analysis, we described in detail why we do not like the growth channel that buyers have formed after a sharp fall. Sellers gave a chance before the closing of a weekly candle but buyers could not use it. At the […]

New Yorkers Can Now Buy Bitcoin at ATMs With Debit Cards

New Yorkers Can Now Buy Bitcoin at ATMs With Debit Cards

With cryptocurrency ATMs on the rise around the world with machines globally passing the 4,000 total at a rate of five installations a day, both New York and Chicago are showing continued US dominance in the sector. New York now offers customers the opportunity to purchase Bitcoin using a regular credit card at machines supplied by […]

Italian Court Orders BitGrail to Repay Missing Crypto Worth $170 Million

Italian Court Orders BitGrail to Repay Missing $170 Million Crypto

The long-running case against cryptocurrency exchange BitGrail has reached another stage in Italian courts with a judge ordering the exchange’s founder to repay a missing USD 170 million worth of cryptocurrency. The original hacking prompted BitGrail to freeze trading in February, followed by the Nano community starting a legal fund through creditor Espen Enger who […]

South Korean Crypto Exchanges Combine to Tighten AML Security

South Korean Crypto Exchanges Combine to Tighten AML Security

South Korean exchanges Coinone, Corbit, Upbit, and Bithumb have joined in implementing heightened levels of anti-money laundering (AML) security in view of high-level hacks over time. Despite the country’s high level of regulation, requiring companies offering cryptocurrency products to implement AML security, hackers have proven to find ways of infiltrating some exchanges’ safeguards. The four […]

Liqui Shuts Down Exchange, Citing Liquidity Issues

In an announcement earlier yesterday, Ukraine-based cryptocurrency exchange Liqui told its remaining loyal users that it can no longer provide liquidity to support trading activities on its platform. As implied from the statement in the announcement, “We gave you the right to decide whether you want to be with us in our Crypto Exchange journey […]

Jamaica Stock Exchange Ready to List Security Tokens

Jamaica Stock Exchange Ready to List Security Tokens

The Jamaica Stock Exchange (JSE) has suggested that it is now looking to list security tokens on its platform after a successful trial with regulated market participants including the Jamaica Central Securities Depository (JCSD). The launch of trading on the JSE has been delayed as the original target completion date was set for the end […]