Korea’s Major Crypto Exchange Bithumb Resumes Registration With NH Bank

Hankyung, a mainstream media outlet in South Korea, has reported that Bithumb, the country’s second largest crypto exchange, will officially resume new user registrations on September 1. Bithumb has disallowed new registrations for traders in South Korea since January of 2018, following the encouragement of the government to establish formal agreements between cryptocurrency trading platforms […]

Continue Reading

Bitcoin Price Analysis: All Eyes On $6800 Into The Monthly Close

As Bitcoin price approaches the Monthly candle close after a volatile day yesterday, we take a look at what’s going on in the market. 4 Hour Chart Looking that the daily chart, after closing the previous week at $6,700, Bitcoin 00 began a bullish start to the week, trading at highs of $7,125 breaking the […]

Continue Reading

Future Success of Bitmain Depends on Skilled Management

A research unit for crypto exchange BitMEX analyzed recent data on Bitmain which was leaked to Twitter earlier this week. According to the report published on BitMEX blog Thursday, August 30, the Chinese mining giant has “legendary” potential, but future success will depend on skilled management. Discussing the source of leaked Bitmain financial data — […]

Continue Reading

Russia Developing Cryptocurrency Tracker – Bitcoinist.com

The Federal Financial Monitoring Service of Russia (Rosfinmonitoring) has commissioned an analytical tool for monitoring cryptocurrency transactions. The system will particularly focus on bitcoin, as reported by BBC’s Russian service. Plug In, Baby Rosfinmonitoring, whose responsibilities include countering financial fraud and terrorist financing, already use a bespoke Unified Information System. This allows for the input […]

Continue Reading

Pay From Bitcoin Mainnet to Lightning and Back: Submarine Swaps Are Now …

In order to make payments on the lightning network — Bitcoin’s second layer solution for instant and cheap transactions — users must first fund lightning channels. This process, however, creates a slight disconnect between lightning users and on-chain users. Lightning users can pay lightning users, and on-chain users can pay on-chain users, but they can’t […]

Continue Reading