Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year

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Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64.2% over…

Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings

Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings

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Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. Faced with emerging disruptive technologies like Bitcoin, their discussions also focused on how money and payments are taking on new forms throughout the world. There…

UK and Europe-Based Users Can Now Buy Bitcoin Cash Inside the Bitcoin.com Wallet

UK and Europe-Based Users Can Now Buy Bitcoin Cash Inside the Bitcoin.com Wallet

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In the summer of 2017, Bitcoin.com launched its open source light client and since then more than 3.8 million wallets have been created. We’ve since added a load of new features to the wallet software and as of April 15, 2019, Bitcoin.com Wallet users in the UK and Europe can purchase bitcoin cash (BCH) directly…

Bitcoin Cash Futures Volumes: A Prelude to the Recent BCH Price Appreciation

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Over the last few weeks, there’s been a lot of attention focused on bitcoin cash (BCH) doubling in value and the $10 million worth of BCH-based futures being swapped on the Crypto Facilities platform every month. Last month, Crypto Facilities saw close to $50 million in BCH contracts. Since then, the popular Huobi exchange has…

Whale Watch: Large Bitcoin Cash Holders Accumulate 1 Million BCH Since February

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In the last two weeks, cryptocurrency prices have seen significant volatility and during this time onlookers have noticed large bitcoin whale movements once again. Data stemming from blockchain analysis indicates that over the last 48 hours, unknown whale wallets moved over 20,000 BTC ($101 million), showing another large migration not seen since last February. Additionally,…

Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees

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Over the last two years, the Lightning Network has been touted as the scaling solution for the Bitcoin Core (BTC) network. However, the solution has been heavily criticized for its lack of security, and on March 28, Bitcoin Unlimited’s chief scientist Peter Rizun wrote an interesting evaluation of the Lightning Network’s “dirty little secret.” Also…

Cashshuffle Launches, Bringing Greater Privacy to the BCH Ecosystem

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On March 27, the development team behind the privacy-centric protocol Cashshuffle announced the official launch of the platform using the Electron Cash wallet. Anyone can use the latest Electron Cash version 4.0 with Cashshuffle and the implementation will also be added to the Bitcoin.com wallet and Badger client soon. Also read: Examine the Token Universe…

Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations

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On Monday, the Helsinki-based peer-to-peer crypto exchange Localbitcoins announced it is adding several different identification processes in order to improve AML and KYC requirements. The move to bolster the new customer verification procedure follows Finland’s Financial Supervisory Authority (FSA) mandating supervision over exchange operations. Also read: Mineable Cryptocurrencies Are Far More Valuable Than Non-Mineable Coins…

Indian Supreme Court Set to Hear Crypto Case on March 29

Indian Supreme Court Set to Hear Crypto Case on March 29

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The four-week window that the Indian supreme court has given the government to come up with crypto regulation is coming to an end. According to the court’s Advance List, the crypto case is listed for March 29. Meanwhile, the community is ramping up efforts to bring about positive crypto regulation and the end of the…

Why Africa Continues to Lag Behind in Cryptocurrency Adoption

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Africa continues to dominate Google Trends search interest for “bitcoin,” but that has not translated into widespread adoption of cryptocurrency by users and businesses. Apart from opaque regulation and a lack of awareness, one of the major reasons for this failure has been the expansive use of mobile money on the continent. Also read: Report:…