Tag: News

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Crypto Exchange Huobi Strengthens Ties With China

Major cryptocurrency exchange Huobi may finally be returning to the fold in China, over two years after a Beijing crypto crackdown forced domestic trading platforms out of the country. Per Chinese media outlet Fn.com, Huobi China has joined a state-endorsed blockchain alliance named the Blockchain Services Network (BSN). The network is the brainchild of the…
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Crypto Goes Mainstream with TV Ads and More in France, Switzerland

Cryptocurrencies are getting mainstream media coverage in Europe – with France’s biggest TV network airing Bitcoin (BTC)-related advertisement, and a Swiss newspaper publishing a full-page spread on crypto. As previously reported, Keplerk last month relaunched a program that allows customers to buy Bitcoin in thousands of French tobacco retailers. To promote the  Read more »Pay/Trade/Buy…
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Canaan Ends 1st Week on Nasdaq in Red, Bitmain Promotes Rigs Ahead IPO

The second largest producer of Bitcoin mining equipment, China-based Canaan, ended its first week on the Nasdaq exchange in red, while its main rival, another Chinese giant that is reportedly working on its own initial public offering (IPO), Bitmain, confirmed its plans to introduce two new types of mining rigs and launch repair centers worldwide.…
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New German Law Might Allow Banks to Store, Trade Crypto

Germany’s federal parliament Bundestag has reportedly passed a bill that is to allow the country’s banks to store and sell cryptocurrencies next year. However, the legislation is awaiting the approval of the Bundesrat, the parliament’s chamber that represents Germany’s 16 federal states. The latest development comes as Germany’s banking sector reported a 31%  Read more…
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50m-User Chat App Kakao to Add Crypto Wallet in Early 2020 + More News

A screenshot of the KakaoTalk chat app. Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Wallets news Chat app giant and Klaytn blockchain mainnet developer Kakao has announced that it will roll out its crypto wallet in the first…
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Emergency at Crypto Exchange IDAX: CEO ‘Missing’ (UPDATED)

The CEO of IDAX Global, “have gone missing with unknown cause and IDAX Global staffs were out of touch with” since November 24, the company announced today. (Updated at 10:05 UTC: updates throughout the entire text.) “For this reason, access to Cold wallet which is stored almost all cryptocurrency balances on IDAX has been restricted…
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Police Hit CEO of ‘Top 3’ South Korean Exchange with Assault Wrap

South Korean cryptocurrency exchanges are enduring a torrid week – with the CEO of what media outlets are calling a “top-three” crypto trading platform facing assault and extortion charges. Per Maeil Kyungjae, police in Gangnam, Seoul, have charged the unnamed exchange’s CEO, who for legal reasons, is being identified by the police by his surname,…
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Another Crypto Card Revealed – This Time, by Binance and TravelbyBit

Source: Binance, TravelbyBit Major cryptocurrency exchange Binance and Australian-based travel booking agency TravelbyBit brought their new cryptocurrency-backed travel rewards card to the Cryptoworld today. “Global travel meets mainstream crypto adoption in this latest venture from Binance and TravelbyBit, the company behind Brisbane Airport’s transformation into the world’s first  Read more »Pay/Trade/Buy Bitcoin with Credit Card

First Five Victims of Renewed China’s Crackdown on Crypto Announced

Recently, at least five local Chinese crypto exchanges have halted operations or announced they will no longer serve domestic users as the country started a new crackdown on crypto trading. Last week, Chinese exchange operators Bitsoda and Akdex announced termination of service, according to Bloomberg. Also, Biss said this month it’s halted operations while  Read…
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The Bank of Ghana Considering Digital Currency + More Crypto News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news The Bank of Ghana, the country’s central bank, is thinking about issuing a digital currency to complement the growth in electronic payment systems, such as mobile money, Bloomberg reported,…
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