Saturday, January 23, 2021

Crypto Exchange Upbit Brings In Withdrawal Delay in Bid to Tackle Fraudsters

South Korea-based exchange Upbit has announced a limited cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks. Scheduled to take effect on...

Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams

Mikhail Mishustin, the Russian prime minister, raised the subject of cryptocurrencies and the need to protect users during the government session on Thursday, according to a transcript.

Digital Yen Would Make Crypto Markets ‘More Lively,’ Says CEO of Monex Group

The chief executive of Monex Group, a financial services firm based in Tokyo, believes central bank digital currencies (CBDCs) would be a boon for the cryptocurrency market.

Bitcoin price nears record high

The digital currency needs to overcome the $19,000 handle in order to stay elevated and extend the ascent  Bitcoin prices resumed the rally after some consolidation...

Travel Tech Firm Monaker Group Eyes Regulated Thai ICO Market

Monaker Group, which builds booking platforms for the travel industry, is venturing into tokenized assets with the indirect acquisition of Thailand’s Longroot initial coin offering (ICO) portal.

PayPal Removes Waitlist for New Crypto Service, Boosts Weekly Purchase Limit to $20K

All eligible PayPal account holders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday. The firm also increased the amount of crypto that users...

Bitcoin Price Breaks Above $16K for First Time in 3 Years

Bitcoin’s (BTC) stalled rally picked up the pace on Thursday, with prices reaching three-year highs above $16,000. The world's top cryptocurrency by market capitalization clocked a...

Bitcoin’s Weekly Close Above 2019 High Leaves Runway Clear to $20K

Bitcoin (BTC) made a weekly close above 2019’s peak price, toppling the final technical barrier on the road to a potential new all-time high. The top...

Hong Kong’s Securities Watchdog May Soon Regulate All Crypto Trading Platforms

Hong Kong’s government is seeking to change the rules for cryptocurrency trading firms operating or offering services within the city jurisdiction. A new consultation paper detailed...

Fidelity Digital Assets Expands Crypto Custody Service to Asia

The cryptocurrency-focused arm of financial services giant Fidelity Investments is teaming up with Singapore-based Stack Funds to cater to the growing demand for cryptocurrencies in Asia.