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10% of $3.7 Billion in ICO Funds Lost or Stolen: Ernst & Young Report New research by Ernst and Young claims that over 10% of the funds raised in initial coin offerings have been stolen or lost.  The findings come alongside...
Crypto purchases boosting Mastercard customer spending.   Cryptocurrency purchases are boosting Mastercard #tictocnews pic.twitter.com/DHUXrQksPH — TicToc by Bloomberg (@tictoc) February 1, 2018   For the first time, Mastercard is offering the ability to send money over a blockchain rather than by swiping a credit card. After developing...
Analyst: Now is the Best Time to Invest in Bitcoin, Even After Recent Correction. Brian Kelly, cryptocurrency hedge fund BKCM manager and CNBC Fast Trader contributor, believes now is the best time to invest in bitcoin, even after the major...
South Korea’s Second Largest Bank Supports Cryptocurrency Exchanges, Traders Relieved Bithumb and Korbit, two of the largest cryptocurrency exchanges in the South Korean market, have announced that Kookmin Bank deposits and withdrawals will be disabled by the end of January. Shinhan...
$6 Million Ponzi: CFTC Charges “Gold-Backed” Crypto My Big Coin With Fraud My Big Coin is the cryptocurrency regulators warned you about. The Commodities Futures Trading Commission (CFTC) has filed charges against My Big Coin (MBC) and its founders for misappropriating more...
Six Major Banks in Chile Sued by Another Cryptocurrency Exchange A local cryptocurrency exchange in Chile has reportedly filed a lawsuit against six major banks in the country for abusing their power and quashing its crypto payment business. This lawsuit...
Fidelity Investments is reportedly taking steps to offer a variation on the cryptocurrency exchange theme. Without an official public announcement, enthusiasts have precious few concrete details on which to hang hope. However, combine the retail legacy asset management company’s...
Emptied IOTA Wallets: Hackers Steal Millions Using Malicious Seed Generators. The IOTA community has recently been hit with a bit of drama, as some individuals have been left with their wallets drained due to malicious websites providing users with a...
South Korean cryptocurrency exchange Korbit has barred non-citizens from depositing local currency – the Korean won – on its platform.

Korean Crypto Exchange

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Korean Crypto Exchange Korbit Halting Deposits from Non-Citizens - How about Binance? South Korean cryptocurrency exchange Korbit has barred non-citizens from depositing local currency – the Korean won – on its platform. Korbit stated in an announcement that its virtual account service will be...
Korean Regulator Investigating Staff Insider Trading An official from South Korea's Financial Supervisory Service (FSS) has reportedly said that an investigation is underway into claimed insider trading within his organization. Choi Heung-sik, governor of the FSS, said the regulator – an...
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