Bitcoin fell below $7,000 on Thursday (March 29) – and analysts expect sales of bitcoin and other cryptos to increase as the April U.S. tax deadline approaches, CNBC reported. The price of bitcoin was $6,826.68 as of 11:13 p.m., according to CoinDesk. And, in China,...
Law enforcement in South Korea is looking into Youbit, the South Korean bitcoin exchange that was the subject of a heist that brought the exchange down, and are investigating the prospect that North Korea may have been involved. The Wall Street Journal, citing people familiar...
Youbit, which operated as a cryptocurrency exchange in South Korea, announced news on Tuesday that it would file for bankruptcy following a hack that stole 17 percent of the company’s crypto “assets.” The Telegraph reported this morning, via a statement signed by “all employees” at the...
June 18, 2018
Hedge funds investing in cryptocurrencies are seeing returns fall, with digital coins down by 35 percent so far this year. According to the Financial Times, U.S. analytics firm Hedge Fund Research (HFR) reports that global hedge funds investing in cryptocurrency and its technology have posted negative performance in four out of five months this year. The […]
March 30, 2018
Bitcoin fell below $7,000 on Thursday (March 29) – and analysts expect sales of bitcoin and other cryptos to increase as the April U.S. tax deadline approaches, CNBC reported. The...
March 29, 2018
Law enforcement in South Korea is looking into Youbit, the South Korean bitcoin exchange that was the subject of a heist that brought the exchange down, and are investigating the...