Is The Acquisition Of the Bithub Exchange In Danger?

Marzena Karpiak
It was announced a year ago, that, Bithumb, a struggling Korean cryptocurrency exchange, would be taken over by another entity. Currently, the whole contract may not be completed.Contract DetailsIn October 2018, BK Global Consortium announced the acquisition of 50% +1 share of BTC Holding Co. which is currently the largest investor in the Bithumb crypto exchange. As reports show, the transaction was supposed to reach a value of around 333 million dollars. What is more - the consortium made 100 million advance payments, which were supposed to be allocated for the creation of its own cryptocurrency. The creation of the cryptocurrency plan was not carried out, however and there is even a problem with the acquisition of the exchange. Bithumb has been facing various problems since the very beginning. It was the victim of hacker attacks more than once, the government accused it of tax fraud (the founders were finally acquitted). The whole year 2018 brought significant losses, resulting in mass layoffs and exchange's financial losses.  

Korean Entertainment Giant To Enter Into the Cryptocurrency Market!

Marzena Karpiak
Not only the Western big companies are serious about entering the cryptocurrency market. SM Entertainment, the largest Korean entertainment company, has announced an intention like that.
Are Rapid Declines Of Cryptocurrencies an Indication Of a Crisis?

Are Rapid Declines Of Cryptocurrencies an Indication Of a Crisis?

Marzena Karpiak
Both Bitcoin and other altcoins have recorded fast and significant declines in the last several hours. Is this a crisis in the cryptocurrency industry?
ShortHop Available In Seven New US States

ShortHop Available In Seven New US States

Marzena Karpiak
From now on, the ShortHop cryptocurrency exchange operates in seven more states of the US. It will allow customers to use various platforms' wallets through a single point of contact.
The Chief Of Twitter Believes That BTC Is a Powerful Currency

The Chief Of Twitter Believes That BTC Is a Powerful Currency

Marzena Karpiak
Twitter chief, Jack Dorsey, when asked about the future of the fintech industry, ventured a thesis concerning Bitcoin as a global currency.
libra-has-a-new-competitor

Libra has a new competitor

Agata Hofman
Facebook's Libra has been in the spotlight for the last few months, and not in a good way. Now, however, the voices of criticism are promoting a very similar project. Coincidence? Don't think so.
Cryptopia's Customers Might Not Get Their Money Back

Cryptopia's Customers Might Not Get Their Money Back

Marzena Karpiak
Grant Thornton, a company specializing in taxes and auditing, made an announcement regarding progress in securing funds stolen from the Cryptopia exchange.
winklevoss-brothers-want-to-reconciliate-with-zuckerberg

Winklevoss brothers want to reconciliate with Zuckerberg

Agata Hofman
Tyler and Cameron Winklevoss have always been supportive of the cryptocurrencies. Now they want to forget old animosities for the sake of this industry.
The Swiss Still Discuss Cryptocurrencies

The Swiss Still Discuss Cryptocurrencies

Marzena Karpiak
The topic of the cryptocurrency in the United States is still relevant. A delegation from the US House Financial Services Committee will raise the issue of Libra in Switzerland.
Is Binance Going To Return To the United States?

Is Binance Going To Return To the United States?

Marzena Karpiak
Head of Binance, Changpeng Zhao, claims that the cryptocurrency exchange will re-enter the cryptocurrency market in the United States. No specific date has been given yet, but the declaration was quite firm.
Samsung Improves Blockchain Keystore

Samsung Improves Blockchain Keystore

Marzena Karpiak
Samsung has placed Blockchain Keystore, a cryptocurrency wallet, in its flagship smartphone. It finally has the function that everyone was waiting for.
New Zealand Regards Cryptocurrency Salaries As Legal

New Zealand Regards Cryptocurrency Salaries As Legal

Marzena Karpiak
New Zealand officially declared income in cryptocurrencies as legal. The country introduced a formula on how to tax this income as well.
justin-suns-priority-is-launching-trx-on-coinbase-and-binance

Justin Sun's priority is launching TRX on Coinbase and Binance

Agata Hofman
Sun Network version 1.0 has launched. Right now, Justin Sun's priority is getting TRX to the biggest exchanges in the USA.
BTC Has Been Worth Investing In For Nearly 99% Of Its History!

BTC Has Been Worth Investing In For Nearly 99% Of Its History!

Marzena Karpiak
Are you considering investing in BTC and do not know if it is worth giving it a shot? Cryptocurrency analyst advocates that BTC is an extremely profitable asset!
Coinbase rozwiąże problemy zarządzania blockchain?

Another Cryptocurrency Exchange Attacked. Target - Coinbase.

Marzena Karpiak
Cryptocurrency exchanges are often attacked by hackers. An American cryptocurrency exchange, Coinbase, is an example of the exchange that is a victim of such an attack.
vc-trade--adopts-new-kyc-and-aml-tech

VC Trade exchange adopts new KYC and AML technology

Agata Hofman
An anti-laundering (AML) technology has been integrated into a Japanese crypto exchange - VC Trade. This technology was created by CoolBitX, a Taiwanese virtual currency hardware wallet company.
Amazon szuka inzyniera do zespolu blockchain

Amazon On the Lookout For a New Blockchain Team Engineer

Marzena Karpiak
Amazon is trying to become popular in every possible industry. And, apparently, it is unlikely that the company is going to slow down over the coming years. One of the largest global trading companies is now looking for an engineer that would join the blockchain team.
bitcoin-is-a-part-of-a-global-populist-revolt

Bitcoin is a part of a global populist revolt

Agata Hofman
Donald Trump's ex-advisor, Steve Bannon, shares his opinion about cryptocurrencies. He believes that Bitcoin is a part of society's rebellion.
bitfinex-in-action-again

Bitfinex in action - again

Agata Hofman
The court is postponing its decision about the Bitfinex exchange. The case has been on the docket since April, and the judges don't know when they will come to some conclusion.
Bitcoin Guarantees Security During Turbulent Times

New Regulations Concerning Cryptocurrency Ban In India

Marzena Karpiak
The Inter-ministerial Committee (IMC), established to examine Bitcoin and cryptocurrency regulations in India, states that the government should put a complete ban on cryptocurrencies.
Cleveland Cavaliers In Cooperation With UnitedCoin

Cleveland Cavaliers In Cooperation With UnitedCoin

Marzena Karpiak
On July 15, the NBA team, Cleveland Cavaliers, posted on the official NBA website a statement in which the team informed about establishing a cooperation with UnitedCoin.
A 25-year-old Man Ran an Exchange With no License

US Treasury Secretary has doubts about Libra

Agata Hofman
US Treasury Secretary, Steven Mnuchin, like other politicians, expressed his scepticism about Libra, Facebook's cryptocurrency project.
Iran Allows To Mine Cryptocurrencies

Iran Allows To Mine Cryptocurrencies

Marzena Karpiak
One of Bitcoin's main opponents, Iran, while allowing BTC to be mined, will still not allow for the trade of it.
Winklevoss The whole FANG group will adopt crypto in two years time

Winklevoss: The whole FANG group will adopt crypto in two years time

Agata Hofman
The famous Winklevoss brothers believe, that in 2021 all companies from the so-called FANG groups will have already entered the cryptocurrency market.

Libra As a Topic of Discussion At the Barcelona Conference

Marzena Karpiak
On 10 and 11 July a conference, with the participation of leading representatives of the cryptocurrency industry is held in Barcelona. Stablecoins and Libra are the most popular topics.
La Repubblica: BTC Is a Financial Pyramid

La Repubblica: BTC Is a Financial Pyramid

Marzena Karpiak
During 10 years of its existence, Bitcoin certainly gained as many supporters as opponents. It is currently on the target of the Italian newspaper La Repubblica, which called it the financial pyramid.
What Does the New EBC President Mean For Crypto?

What Does the New EBC President Mean For Crypto?

Marzena Karpiak
Christine Lagarde is to become the new president of the European Central Bank. Up until now, Lagarde looked rather kindly on cryptocurrencies, but recently it has diametrically changed.
Does WikiLeaks Sit on a Bitcoin Fortune?

Does WikiLeaks Sit on a Bitcoin Fortune?

Marzena Karpiak
WikiLeaks has collected over 46 million dollars in BTC. Such a number was reported basing on the amount of coins possessed by the organization in the wallet.
Binance, Changpeng Zhao, problemy techniczne Binance

A Cooperative Charity Campaign In Cryptocurrency Industry

Marzena Karpiak
Binance, together with 44 other companies from the cryptocurrency industry, will get involved in a charity campaign aiming to fight poverty.

The Government of Cuba Is Considering Cryptocurrencies

Marzena Karpiak
To avoid sanctions put on it by the US, the government of Cuba is considering introducing cryptocurrencies to the country. It is supposed to help increase the total state capital.
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