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    Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency

    Japan’s GMO Internet Group has announced plans to issue a yen-pegged stablecoin called GMO Japanese Yen. Already in the crypto exchange and mining hardware businesses, the company plans to launch its third crypto enterprise with this stablecoin. Yen-Pegged Stablecoin GMO Internet Group announced Tuesday that it “will start full-scale preparations to issue stable coins of virtual […]

    Bitcoin Depot Launches 20 Crypto ATMs in Southern California

    This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. As the Bitcoin ATM revolution continues to change markets, industries, […]

    Crypto Exchange Huobi Acquires Public Firm for $70 Million

    Crypto exchange Huobi has completed an acquisition deal to become the largest shareholder of a public firm listed in Hong Kong, inching a step closer to a possible back-door listing. Pantronics Holdings, the acquired firm, released a statement on Aug. 29 that Huobi Group completed the deal by having purchased about 199 million of its shares […]

    Crypto Mining Attacks Soar in First Half of 2018

    Malicious cryptomining attacks jumped 956 percent from the first half of 2017 to the first half of 2018, IT security firm Trend Micro reported Wednesday. In its latest Midyear Security Roundup, Trend Micro researchers noted that there were more than 787,000 detections of malicious cryptocurrency mining software in the first six months of 2018, up […]

    China’s Online Finance Regulator Allows the Public To Report Illegal Token Fundraising

    The National Internet Finance Association of China (NIFA), a self-regulatory organization founded by the People’s Bank of China(PBoC), has added a new category— “ token sales”—to its tip-off platform where the public can report any potentially illegal online financial activities. At present ,the online portal run by the NIFA gives Chinese residents the power to file […]

    Founder of Litecoin Charlie Lee discusses the state of cryptocurrencies

    In terms of monetary price, cryptocurrencies have been faltering since the introduction of 2018. But one prominent figure of cryptocurrency is declaring that cryptocurrency is flourishing more than ever due to the progress of adoption. Charlie Lee, the famous founder of Litecoin, stated on CNBC’s Fast Money that cryptocurrencies are currently proving their long term […]

    Search Giant Baidu to Censor Crypto Discussions on Its Forum Business

    Chinese search giant Baidu is joining Alibaba and Tencent in a move aimed to distance itself from cryptocurrency-related activities. China Times, a Beijing-based business media, reported on Sunday that Baidu is seeking to censor and ban forum topics that discuss crypto-related activities on Baidu Tieba, the firm’s Reddit-alike online community business. “Currently, the company has […]

    Beijing Bans All Venues from Hosting Crypto-Related Promotions

    Chaoyang District of Beijing has released an official notice to ban office buildings, hotels and all other possible venues in the district from hosting activities related to cryptocurrencies, according to the official notice released August 22 by the local financial regulator. As per the notice, to protect people’s property and safeguard the status of legal tender, […]

    Bitmain’s Jihan Wu: ICO is An “Unsustainable Financial Bubble”

    Of late, Jihan Wu, CEO of Bitmain, the world’s dominant cryptocurrency mining chip producer, has demonstrated his point of view on cryptocurrencies and initial coin offerings (ICO) in an interview with Coingeek. Wu indicated that, different to traditional initial public offerings, many ICO projects are seeking funds for many “unproven variations” of blockchain technology. As thus, […]

    Why Altcoins Will Survive

    Though it seems the magic is disappearing and many alternative currencies – or altcoins – are having a difficult time sailing through the bearish crypto market at this point, they may not all face ‘extinction‘ as it is being mulled in some sections of the ecosystem. Several questions have been asked and some doubtful concerns […]