The CEO of cryptocurrency exchange Binance has refuted claims hackers gained access to confidential user information such as personal ID. Changpeng Zhao described rumors circulating about the alleged know-your-customer (KYC) data leak as an attempt to spread…

The Ministry of SMEs and Startups declared the Busan metropolis a regulatory free-zone for blockchain and cryptocurrency. However, South Korea’s regulatory framework for crypto might not guarantee a smooth running of a blockchain free-zone in Busan, According…

Over the few years recently, Bitcoin has been mainly used as a store of value, instead of means of payment as it was meant to be in the whitepaper. However, Bitcoin daily payments are making a comeback due to the appearance of the Lightning Network. However…

Binance has reportedly been in talks to get involved in Facebook’s Libra project, by listing the coin when it’s live or running a node on the blockchain. CEO Changpeng Zhao explained his interest first and foremost is listing coins with lots of users. Assuming…

The Financial Intelligence Unit (FIU) of South Korea's Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation. As reported FIU is to shift away from its current practice of regulating. FIU official revealed…

Jeremy Allaire, CEO of Circle says developments in China indicate that the country’s hardline anti-crypto stance is “softening.” “We have been seeing, a softening in the Chinese stance towards crypto. Recently, a major Chinese court defended that Bitcoin…

The European Central Bank (ECB) has issued a new report indicating that it plans to use more on-chain data to better monitor the crypto markets. The report reveals that the ECB has already built a system that uses “high-quality” aggregated data available…

Kik laid out a paragraph-by-paragraph rebuttal of the SEC’s arguments and flatly denied its core allegation that the company conducted an unregistered securities offering. CEO Ted Livingston told that the SEC was “playing dirty” in its June complaint by trying…

Seychelles’ stock exchange has just listed a tokenized security for trading, becoming the first in the world to do so. MERJ, a recently launched exchange, clearing agency, and registry in full compliance with the Seychelles Financial Services Authority, announced…

Most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin briefly spiked above $12,000 and subsequently fell. The Bitcoin price is currently up 0.49% on the day, trading at $11,774, according to Coin360. Looking…

A tax bill aimed at refining the Internal Revenue Service’s treatment of cryptocurrencies has moved to the U.S. House of Representatives Ways & Means Committee. The Virtual Value Tax Fix Act, first legislators first proposed last Congressional session, has…

Binance introduced 8th IEO on its Launchpad platform. Dubbed Perlin, the project is a scalable smart contracts platform, which aims to transform and accelerate the $11 trillion global trade market into a completely digital, autonomous industry. The new token…

Ripple’s development arm Xpring is backing Equilibrium Connect, a company focused on building open-source tools for the Interledger protocol (ILP). Ripple built the ILP to give financial institutions a way to settle payments across a wide variety of different…

North Korea is funding its weapons of mass destruction via hacks of banks and crypto exchanges, says a confidential U.N. report. The report – researched by “independent experts” and presented to the U.N. Security Council North Korea sanctions committee last…

The correlation between digital and physical gold has almost doubled in the past three months, fresh data from Bloomberg reveals. The statistics reveal that while the correlation between Bitcoin (BTC) and gold over the past year was at 0.496, in the past…