All Major Korean Cryptocurrency Exchanges Fail Privacy Tests – 30 Days to Improve: In the latest development, a report has it that the South Korean Communications Commission has conducted a survey of major cryptocurrency exchanges in the country and found them to have insufficient customer data protection. Eight exchanges have been sanctioned, with 30 days … Read more
Below $15K: Bitcoin Plays Defense Amid Bear Move: Bitcoin remains on the defensive, despite yesterday’s sharp recovery from $14,000 levels. Data source OnChainFX indicates the world’s largest cryptocurrency by market capitalization has depreciated by 4.54 percent in the last 24 hours. As of writing, CoinDesk’s Bitcoin Price Index is at $14,750 levels. The BPI fell … Read more
Korean Regulation Fails to Shake Bitcoin Market But Could Wipe Out Some Exchanges: After South Korea’s regulators announced their emergency measures for cryptocurrencies, the bitcoin market breathes a sigh of relief. While a blanket ban was not adopted, other smaller bans remain and a clampdown on virtual bank accounts is presenting a serious challenge to … Read more