Bithumb Launches Voting Platform to Screen New Cryptocurrencies

Exchanges Major South Korean cryptocurrency exchange Bithumb has beta launched a public voting system for screening new coins to be listed on its exchange. The platform, Pickthumb, aims to boost transparency and fairness in Bithumb’s listing process. Five coins are currently being evaluated with the current voting round ending in nine days. Also read: Indian Supreme […]

Korean Court Case Alleges ICO Ban Is Unconstitutional

Regulation A constitutional complaint has reportedly been filed in South Korea alleging that the government’s ban on initial coin offerings is unconstitutional. It has been more than a year since token sales were banned in the country but the government has yet to introduce any regulations for them, causing problems for startups. Also read: Indian Supreme […]

Australian Company Issues Loans Backed by Cryptocurrencies

Finance A Melbourne-based company is now offering crypto-backed loans. Helio operates under an Australian Credit License (ACL) issued by the Australian Securities and Investments Commission (ASIC). In the current bear market, cryptocurrency holders can borrow fiat money and keep their digital coins for better times.    Also read: Chat Bot Advises Crypto Startups and Investors […]

Malaysian Financial Regulators to Intensify Scrutiny of ICOs, Cryptocurrencies

Economy & Regulation Malaysia’s securities regulator and central bank are to strengthen their scrutiny of initial coin offerings (ICOs) through new rules meant to eliminate issues of unfair trade practices and alleged risk of money laundering and terrorism financing. The Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) said they will also tighten regulation […]

Bipartisan Bitcoin Bills to Step up Consumer Protection in the U.S.

Economy & Regulation Two United States congressmen have introduced two pieces of legislation to help prevent alleged cryptocurrency price manipulation while aiming to position the U.S. at the forefront of innovation within the digital asset industry. Also read: Chilean Court Rules in Favor of Closing Bank Accounts of Crypto Exchange Orionx Protection From Price Manipulation The […]

SEC to Decide Fate of Vaneck Solidx Bitcoin ETF by Late February

Finance The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Vaneck Solidx bitcoin exchange-traded fund (ETF), which will trade on Cboe BZX Exchange. The SEC has received more than 1,600 comments and will make a decision by February next year. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive […]

International Cooperation ‘Critical’ to SEC Action Against ICOs

Regulation Steven Peikin, co-director of the enforcement division of the U.S. Securities and Exchange Commission (SEC), recently described international cooperation as playing a critical role in facilitating investigations in the initial coin offering (ICO) sector. Also Read: Chinese Miners Short BTC Markets to Hedge Against Falling Prices  ‘Daunting Task’ of Identifying Misconduct Speaking at Harvard Law […]

Buffett Bet 2.0: Asset Manager Wagers Cryptocurrency Fund Will Beat S&P 500

Finance Cryptocurrency asset manager Morgan Creek Digital is betting $1 million that its crypto fund will outperform the S&P 500, calling the challenge Buffett Bet 2.0 to mimic the billionaire investor’s famous bet. The wager is expected to be taken by “someone who is bullish on the S&P 500, or someone who thinks cryptocurrencies are […]

Bithumb Overtook Binance as Largest Spot Exchange by Daily Volumes in November

Exchanges Cryptocompare, the cryptocurrency market data aggregator, has published its monthly exchange review for November 2018, offering insights about the latest changes in the global market using transaction data from over 70 trading venues. Also Read: IRS to Face Record Number of Crypto-Related Loss Claims Key Findings in the Report The authors of the report found […]

Bitwise Launches Bitcoin Fund, Driven by Client Interest

Finance Bitwise Asset Management has launched two new cryptocurrency funds, one of which only invests in BTC. The launch “is driven by inbound client interest and investor dissatisfaction with existing options,” the company says. The market downturn has also given investors “a unique opportunity to enter the market at prices many thought we’d never see […]