Cryptocurrencies News

Binance Wants to Open a New Local Exchange in South Korea: Report

July 16, 2019 BitcoinPrice 0

Binance, the world’s largest crypto exchange by daily trading volume to date, is reportedly planning to set up a branch in South Korea. Malta-based crypto exchange Binance is working with local partners in South Korea […]

Cryptocurrencies News

IMF: Network Effects Could Spark Blaze of Digital Money Adoption

July 16, 2019 BitcoinPrice 0

The International Monetary Fund (IMF) has argued that network effects could spark the blaze for the mass adoption of new digital monies. In a fresh report published on July 15, the IMF aims to create […]

Cryptocurrencies News

Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper

July 16, 2019 BitcoinPrice 0

A new paper from the International Monetary Fund (IMF) suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptocurrencies see greater adoption. The Fintech Note, titled “The Rise of […]

Cryptocurrencies News

Hackers Are Turning Binance’s Stolen Bitcoin Into Fiat

July 16, 2019 BitcoinPrice 0

A new analysis by Coinfirm shows the movement of the bitcoin stolen from Binance into various wallets. The hack, which netted 7,000 BTC, happened on May 7, 2019 at 17:15:24 UTC and the hackers have been moving stolen […]

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Cryptocurrencies News

Facebook Confronts Bipartisan Resistance to Cryptocurrency Plans – The Wall Street Journal

July 16, 2019 BitcoinPrice 0

WASHINGTON—The Trump administration raised national security concerns about Facebook Inc.’s plans to launch a cryptocurrency as a growing chorus of U.S. and international officials voiced resistance to the tech giant operating its own digital money. […]