Japanese cryptocurrency exchange Coincheck has announced that it plans to allow users to start withdrawing local currency from their accounts next Tuesday. In a notice posted today, the company – which suffered a notable hack in late January – said (via unofficial translation): "Currently, assets of customers' Japanese yen are...
South Korean cryptocurrency exchange Bithumb is now accepting new investor registrations following integration of new regulator-mandated "know-your-customer" (KYC) procedures. In an announcement on its homepage, Bithumb said that, starting from Feb.9, investors on the platform will be able to confirm their real identity through accounts at Nonghyup Bank. The firm...
BTC looks set to make further gains amid mixed action in the crypto markets. Having hit a four-day high of $8,621.27 yesterday, CoinDesk's Bitcoin Price Index (BPI) fell to $7,754.67 at 05:29 UTC today. As of writing, prices had bounced back to $8,284. The cryptocurrency has depreciated by 0.4...
Binance, a Hong Kong-based cryptocurrency exchange, has announced the resumption of all trading activities, including deposits and withdrawals, as of 10:00 UTC today. In a status update, the platform further said it will lower trading fee by 70 percent until Feb. 24 to show its "gratitude" for users' support...
Catherine D. Wood is the chief executive and chief investment officer at ARK Investment Management in New York. As the first public asset manager to gain exposure to bitcoin at $250 through the Bitcoin Investment Trust (GBTC), ARK Invest faced a number of questions and much ridicule in September 2015. Given...
An Arizona lawmaker wants to protect blockchain node operators from possible prohibitions by local and county governments. The bill, submitted on Feb. 6 to the Arizona House of Representatives, states that "a city or town may not prohibit or otherwise restrict an individual from running a node on blockchain...
One of bitcoin's most respected developers, Gregory Maxwell, is returning to his cypherpunk roots with a series of new projects. After nearly four years as CTO of high-profile bitcoin technology startup Blockstream, he's departed that position to focus exclusively on code. Mainly because, as Maxwell explained in his departure...
Hong Kong's securities regulator appears to be stepping up efforts to regulate cryptocurrency exchanges involved with initial coin offerings (ICOs). In a statement released Friday, Hong Kong's Securities and Futures Commission (SFC) revealed it has sent warning letters to seven cryptocurrency exchanges advising that certain tokens being traded on their...
Fourth-quarter demand from cryptocurrency miners for GPU maker Nvidia's products was bigger than anticipated, the company's chief financial officer said on an earnings call today. "Strong demand in the cryptocurrency market exceeded our expectations," CFO Colette Kress said, issuing the remarks as the company unveiled its fourth-quarter earnings for...
The U.S. Marshals Service has successfully auctioned off approximately 3,613 bitcoins (worth nearly $30 million at press time) confiscated in various crimes. A spokesperson for the agency, which manages the sale of seized and forfeited assets, confirmed to CoinDesk today that the sale, which took place on Jan. 22, saw...