Cryptocurrencies are becoming a more and more popular segment of the cryptocurrency market. It is no wonder, though. From the very beginning, virtual coins were characterized by good market capitalization, modern technologies and price stability. Are cryptocurrency investments nothing new to you or are you at the beginning of your trades adventure and are looking for current information on cryptocurrency rates? You've found the right place, then! On the Tokeneo News website in the "Cryptocurrency rates, forecasts and quotations" tab you will find the latest news on coin prices.Bitcoin is one of the most popular cryptocurrencies in the world. It is the first virtual coin created on the basis of the Peer-to-Peer network. In other words, Bitcoin, unlike traditional fiat money, is an entirely decentralized coin. What controls the transactions and their correct courses is the Bitcoin users community. However, there is no central management entity, such as a bank or a state.The history of Bitcoin has its roots in 2009, when the developer with the mysterious pseudonym "Satoshi Nakamoto" created BTC. On January 3, 2009, the first block in the BTC chain was created. A decade has passed and it is still unclear who it was, that actually created Bitcoin. Among the potential founders of Bitcoin are: Vili Lehdonvirt, Dorian Nakamoto, Craig Wright, Elon Musk as well as the US government.There are a lot of traders on the market that invest in the most popular cryptocurrency in the world - Bitcoin. The development of this currency was very fast. In October 2009, the first purchase transaction of Bitcoin in exchange for dollars was concluded. The user purchased 5,050 Bitcoins then for only 5 dollars and 2 cents. Ant this is just a beginning as in May 2010, 10 thousand Bitcoins were paid for two pizzas worth 25 dollars.Since then, the number of people who has entered the search term "cryptocurrency rates" in the Google is gradually increasing. It is a good investment strategy - the more you know about a specific cryptocurrency, the greater is the chance that you will make a good investment decision. That's why thousands of traders around the world are looking for information about cryptocurrencies' quotations every day. How to stay up to date about cryptocurrency prices and not get confused? The best option is to follow Tokeneo News website!Current cryptocurrency forecasts provide information indispensable to all traders. Being in possession of annual, monthly, weekly or daily rates, cryptocurrencies traders around the world are trying to make the best investment decisions. The news prepared by the Tokeneo News team allows you to have constant access to the current cryptocurrency quotations - quickly, comfortably and without leaving your home.
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.
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