Posted Date: May 14, 2018
South Korea’s government is widening its probe on cryptocurrency exchanges, particularly the use of corporate accounts which the regulators say can lead to money laundering. This announcement follows the prosecutors launching an investigation on the country’s largest crypto exchange, Upbit. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Widening the Crypto Probe South Korea’s […] The post Korean Regulators Widen Investigation of Cryptocurrency Exchanges appeared first on Bitcoin News.

Posted Date: May 14, 2018
As a sensible web user who enables Adblock, you probably don’t encounter many adverts while browsing. And on the rare occasions when you do, you’re smart enough to resist the clickbait’s overtures. But what would happen if you did click to discover “the next bitcoin”? Where would the experience lead you, and could you profit […] The post Here’s What Happens When You Click on a Spammy Cryptocurrency Ad appeared first on Bitcoin News.

Posted Date: May 14, 2018
In Monday’s Bitcoin in Brief, Belgium’s financial watchdog, which earlier this year published a warning about potentially fraudulent platforms promising fast and easy profits to crypto investors, has just expanded its blacklist. In Russia, reports have surfaced of a plot to assassinate Alexander Vinnik in Greece, where he fights an extradition request from US authorities […] The post Bitcoin in Brief Monday: Belgium Expands List of Fraudulent Crypto Platforms, Plot to Kill Vinnik Uncovered in Greece appeared first on Bitcoin News.

Posted Date: May 14, 2018
The decree to regulate cryptocurrencies and initial coin offerings in Thailand goes into effect on Monday. The government has also revised the country’s tax code to add crypto taxation. Sellers of digital tokens will face a fine or even jail time if they fail to register with the regulator within 90 days. Also read: Yahoo! Japan […] The post Thailand Commences Cryptocurrency Regulations Today appeared first on Bitcoin News.

Posted Date: May 14, 2018
Just recently researchers from the University College London published a paper about the patterns found in “shielded” and “unshielded” Zcash transactions. The study explains when users switch between these types of addresses anonymity is degraded. The team concludes that while Zcash transactions can be private, it’s also possible to diminish privacy if certain usage patterns […] The post Research Paper Finds Transaction Patterns Can Degrade Zcash Privacy appeared first on Bitcoin News.

Posted Date: May 14, 2018
They say the real riches you make in bitcoin are the friends you make along the way. And on platforms such as the crypto-friendly Telegram, it’s true that you can meet avatars who become acquaintances who become best mates. But the most useful accounts you’ll interact with on Telegram are arguably those devoid of humanity […] The post Six of the Best Telegram Cryptocurrency Bots appeared first on Bitcoin News.

Posted Date: May 14, 2018
The number of new cryptocurrency exchanges is rapidly growing worldwide. This new crypto exchange roundup features four platforms located in South Korea, Thailand, Vietnam and the Philippines. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space South Korea’s Coinbit South Korean game developer Axia Soft Co. Ltd. has recently launched a crypto exchange called Coinbit. […] The post New Crypto Exchanges Open in Korea, Thailand, Vietnam, and the Philippines appeared first on Bitcoin News.

Posted Date: May 14, 2018
The crypto ban in Pakistan is proving to be not as effective as expected. If anything, the State Bank has barred commercial banks and financial firms from dealing in cryptocurrency which, of course, makes life harder for local exchanges. Individual traders, however, are finding alternative ways to acquire or sell cryptocurrencies, defying the warnings and […] The post Pakistanis Find Ways to Trade Bitcoin Rendering Ban Ineffective appeared first on Bitcoin News.

Posted Date: May 14, 2018
ASIC miners are hugely profitable machines – provided you’re the manufacturer. That’s the view of Siacoin lead developer David Vorick, who’s published his thoughts on the monopoly enjoyed by manufacturers such as Bitmain and Halong Mining. In “The State of Cryptocurrency Mining”, Vorick also accuses manufacturers of using the machines themselves, before passing them on […] The post Siacoin Developer: ASICS Are “Money Printing Machines” for Manufacturers appeared first on Bitcoin News.

Posted Date: May 14, 2018
A new demographic analysis of people trading in cryptocurrencies has brought up some intriguing results such as that only very few are female, most have little to no previous experience, and many are students or working in sales and marketing roles. Also Read: Israel Tax Authority Hunts for Bitcoin Traders on Social Media Understanding Trading […] The post Only 8.5% of Bitcoin and Cryptocurrency Traders Are Female appeared first on Bitcoin News.