ICOs Produce Slow Start to 2019
During the first two weeks of 2019, initial coin offerings (ICOs) raised roughly $90 million, according to data published by Icobench. Of the total funds raised this year so...
How US Government Shutdown Affects Bitcoin ETF Approval
The U.S. Securities and Exchange Commission (SEC) is due to make a decision on the Vaneck Solidx bitcoin ETF next month, and the deadline cannot be extended further. However,...
Indonesian Unicorn Go-Jek Acquires Majority Stake in Filipino Crypto Wallet
Indonesian unicorn Go-Jek has announced a partnership between the company’s payments platform, Go-Pay, and Filipino cryptocurrency wallet Coins.ph. Local media has reported that the deal will see Coins.ph continue...
US Crypto Investors Incurred $5.7 Billion in Unrealized Losses Last Year
The results of a survey published by Credit Karma estimate that crypto investors in the U.S. realized losses of approximately $1.7 billion during the previous tax season. Additionally, the...
Executives of Korean Exchange Sentenced to Jail for Faking Volumes
Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake...
Cumulative Volume on Huobi Derivative Market Exceeds $20 Billion
Huobi has announced that its cryptocurrency derivative platform, Huobi DM, has surpassed $20 billion in cumulative trading volume. The announcement comes just one month after the platform exited beta...
Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space
The Stock Exchange of Thailand is reportedly planning to launch a cryptocurrency exchange. The securities companies that are members of the exchange will also apply for cryptocurrency broker-dealer licenses...
No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says
Last year’s falling prices are not a good enough reason to “bury” cryptocurrencies, Russian Prime Minister Dmitry Medvedev said during a high-level economic conference. He believes Russia should carefully...
Indian Supreme Court Pushes Crypto Case Against RBI to End of February
The case against the crypto banking ban by the Reserve Bank of India (RBI) was unexpectedly heard at the country’s supreme court on Thursday. However, senior advocates for the...
Thai Crypto Exchange Determined to Stay Open After SEC Orders Shutdown
The Thai Ministry of Finance has rejected the last cryptocurrency exchange application it had been reviewing. The exchange, which has been ordered to close down business and return customer...
