Revenues of Cryptocurrency Exchanges in South Korea Up 88-Fold

According to recent data collected by the South Korean government, the accumulated commission income of the country’s 30 cryptocurrency exchanges last year was 87.5 times that of the previous year. The vast increase in income and crypto transactions was largely contributed by the newcomer exchange backed by Kakao Corp. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Crypto Exchanges Made 700 Billion Won The commission revenues of South Korean cryptocurrency exchanges collectively increased approximately 87.5 times last year compared to the previous year, local media reported. The…

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PR: World’s 1st Ethereum Funding Token Meets Forbes “Ripple Effect” Criteria for Tripled Profits

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. New York, NY Forbes recommends looking for cryptocurrency trading for less than a dollar. They believe that’s important because “smaller numbers can more easily double and triple than larger numbers can.” Ripple is a perfect example. A $1,000 investment in January 2017 would have ballooned…

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Multi-Asset Edge Wallet Goes Live with Bitcoin Cash

2018 might be a breakout year for cryptocurrency wallets. The Bitcoin.com wallet is set to reach 2,000,000 downloads soon and has integrated Shapeshift into its platform. More recently, San Diego-based Edge released its wallet from a three month long beta, going fully live 15 February, providing what it claims is “a private, secure, open-source, and easy to use multi-asset wallet.”   Also read: Switzerland Enacts ICO Guidelines Edge Wallet is Live “​After over a year of intense development and over three months in a limited release beta, our highly anticipated multi-asset…

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Andreas Antonopoulos: 6 Things Critics Keep Getting Wrong About Lightning Network

Is Lighting Network the second coming for Bitcoin or the coming of centralization? Andreas Antonopoulos states his case for the former in his latest video. A lot of misconceptions have arisen about the Lightning Network and the effect it will have upon Bitcoin. Look around the internet, and you’ll find videos such as this offering information on the Lightning Network that may not be accurate. To that end, Andreas Antonopoulos has created a video to detail the many things critics are getting wrong, which we have listed below. Centralization “Lightning Network…

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Billionaire Calvin Ayre is Building a $100m Bitcoin Cash Resort in Antigua

Soon, wealthy tourists looking to live large in the Caribbean will be able to reserve rooms at controversial billionaire Calvin Ayre’s resort in Antigua — if you’ve got the Bitcoin Cash. A ‘Novel and Exciting Concept’ The billionaire founder of the Ayre Group and the Bodog entertainment brand, Calvin Ayre, is reportedly building a $100 million five-star resort on Antigua’s Valley Church beach — funded entirely by profits made from investments in digital currencies. The prime minister of Antigua and Barbuda, Gaston Browne, is excited by the news, as the…

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Telegram ICO Details $850M Pre-Sale to the SEC

The Telegram ICO is well on its way to its $2 billion goal as it raises a whopping $850 million during its pre-sale. When rumors leaked about a Telegram ICO, people took notice. The messaging app has become indispensable for many segments of society, especially for the crypto world. The overall goal of the app’s ICO is an eye-opening $2 billion, which would make it the largest ICO in history. While some scoffed at such a number, that goal now appears to be easily manageable as the pre-sale netted a…

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Bitcoin Price: Will Bullish ‘Flip’ Finally Clear $11K Hurdle?

Bitcoin price has remained above $10,000 despite its rapid retrace over the weekend when market momentum suddenly fizzled out. Vays Hints At ‘Bullish’ Daily, Weekly Outlook After passing $11,000 in Sunday trading, BTC/USD peaked at $11,283 on Bitstamp before dropping $1500 in hours to hit a low of $9727. A correction took prices back over $10,000 where they remained into Monday, analysts predicting a ‘flip’ into bullish territory as Bitcoin’s most likely next move. “The daily [chart] remains bullish and the weekly wants to flip bullish,” Tone Vays told viewers…

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White House Official: Bitcoin Regulation Won’t Happen Anytime Soon

White House cybersecurity coordinator and special assistant to the president, Rob Joyce, stated the US still has a long road ahead of it before it starts regulating the world’s first cryptocurrency. Haste makes waste Bitcoin investors in the US worried about government regulation need not start sweating, yet. At the Munich Security Conference in Germany, Joyce — a nearly three-decade veteran of the National Security Agency who helps coordinate policy strategy in regards to cybersecurity between the government, private companies, non-governmental organizations and other countries — emphasized the importance of…

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Bitcoin Divorce Presents New Challenge for Rabbinical Court in Israel

While some state authorities and financial regulators might deride bitcoin, more people are using the cryptocurrency in their everyday lives. This has recently become evident by divorce cases around the globe involving bitcoin, with the latest example coming from Israel. Also Read: Half of Large British Businesses Hold Stockpiles of Cryptocurrency Bitcoin Wedding Jewish groom signing a ketubah at his wedding A rabbinical court in Israel is now facing a bitcoin-related quandary for what appears to be the first time ever. The religious tribunal is asked to rule on the…

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American ATM Network Athena Bitcoin Adds Bitcoin Cash Support

Bitcoin cash (BCH) is now available for trading in dozens of new physical locations across the US. The American ATM network Athena Bitcoin has added support for buying and selling the cryptocurrency for fiat cash on all its machines. Also Read: Polish Financial Authorities Paid Youtuber to Smear Cryptocurrency Bitcoin Cash ATM Network Midwest US-based cryptocurrency ATM network Athena Bitcoin has recently announced that bitcoin cash (BCH) has been made available on all of its machines. This is only the third cryptocurrency now supported by the ATM network following bitcoin (BTC)…

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