Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9K

Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9K

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Notoriously hacked cryptocurrency exchange Mt. Gox isn’t done with bitcoiners just yet. Just as it appeared the world’s most popular cryptocurrency was ready to strike above the stubborn high nine thousands in price, Nobuaki Kobayashi, Tokyo-based, court appointed trustee of the remaining bitcoin to be distributed among creditors, seems ready to flood another 8,000 coins…

South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud

South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud

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The largest cryptocurrency exchange in South Korea, Upbit, is suspected of fraud and is currently under investigation. The prosecutors have conducted searches at the exchange and confiscated computers and accounting records. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Under Investigation South Korea’s largest cryptocurrency exchange, the Kakao-backed Upbit is suspected of fraud,…

Novogratz Launches Benchmark Index of 10 Cryptocurrencies

Novogratz Launches Benchmark Index of 10 Cryptocurrencies

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Well-known hedge fund manager Michael Novogratz has launched a cryptocurrency benchmark index in partnership with Bloomberg. The index, designed to track the performance of the largest, most liquid coins, consists of 10 cryptocurrencies at its inception. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Crypto Index Michael Novogratz. Galaxy Digital Capital Management and…

Researchers Find Bitcoin Network 3X More ‘Evil’ Than the Public Internet

Researchers Find Bitcoin Network 3X More ‘Evil’ Than the Public Internet

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Just recently a research group called Rapid7 published a report that reveals over a year’s worth of research regarding malicious activity tethered to Bitcoin Core (BTC) full nodes. By utilizing data collected from a network called ‘Project Heisenberg,’ and its internet scanner ‘Project Sonar,’ alongside intelligence from Bitnodes, the team had found quite a lot…

South Korean Top Regulator Considers Easing Cryptocurrency Regulations

South Korean Top Regulator Considers Easing Cryptocurrency Regulations

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The main regulatory body of cryptocurrencies in South Korea has a new chief who has just been approved by the country’s president. He is a known “activist and reformist” and has reportedly announced that he will consider relaxing crypto regulations to help businesses grow in this sector. Also read: Yahoo! Japan Confirms Entrance Into the Crypto…

Bitcoin Vietnam Faces Losing its Domain from Government

Bitcoin Vietnam Faces Losing its Domain from Government

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According to regional reports Vietnam’s oldest Bitcoin Exchange, Bitcoin.vn, is about to lose its domain per order of the Vietnamese Government. The website that has been operating since 2014 has been accused of operating a blog without permission from the Minister of Information & Communications of Vietnam. Also read: Crypto-to-Cash Lending is Growing Quite Popular These Days…