South Korea: end of tax benefits for exchanges

South Korea Crypto
Eventually, after a series of events and an urgent call from the Financial Services Commission, the South Korean government announces the introduction of new changes for the exchanges of the region. “Laissez-faire” period This is the type of news the main Korean exchanges would have rather not be informed about. It seems that the various petitions, including those of Park Yong-jin...

What is Kusama? A Review and Short Analysis

What is Kusama? Polkadot
Kusama core mission is to test the interoperability and scalability of functionalities and to organize these solutions into a network of parachains -or parallel chains.

There is no more illegal activity in Bitcoin than in cash.

Some had doubts about it, others were more suspicious on this topic, but eventually, it is official. A former US federal prosecutor announced this summer during the international Money 20/20 conference taking place in the Netherlands: "many more crimes" were perpetrated via the use of fiat currencies and not with cryptocurrencies. This former District Attorney for Western Pennsylvania, elected by the Senate...

Bitcoin: Beyond The Bubble – Full Documentary

Bitcoin: Beyond the Bubble If the notion of bitcoin intrigues you, yet you find yourself intimidated by the complicated techno-jargon surrounding it, then the documentary "Bitcoin: Beyond the Bubble" is for you. This incisive overview explains the intricacies of the cryptocurrency in an engrossing and easily digestible manner. Still not sure how all of this work? Have a look at this Bitcoin &...

The implications of Samsung’s Crypto phone

Crypto Infos
Leaked screenshots of the flagship S10 smartphone showing a multicurrency cold wallet reveal that apart from Bitcoin, Ethereum and Litecoin, Korean technology giant Samsungs new ‘crypto phone’ supports ERC20 and ERC721 tokens.  Some in the altcoin community hailed this as a possible indication of imminent mass adoption for various platforms in the Ethereum ecosystem, although from what we’ve seen,...

Bitmain: investment of US $ 500 million

The mastodonte Bitmain has announced its intention via a press release to create a blockchain data processing center and a Texas-based bitcoin mining site for $ 500 million as part of its expansion into the United States. Bitmain, unstoppable Nearly half a billion is the equivalent of last year's nominal GDP of Comoros, islands in the Indian Ocean, in northern Mozambique....

KYC: 68% of exchanges do not meet standards

Previously cited in the article LexisNexis & Blockbid Partnership, KYC and AML formalities are in the line of sight of international regulators. However, it appears that only 32% of cryptos exchanges meet the guidelines. This is a study of the company P.A.I.D in partnership with Mitek, a technology provider for identity verification, which advances this low ratio. The obligatory KYC...

Russia: “Cryptoassets are not a threat to financial stability”

President of Russia's Central Bank doesn't want to call cryptocurrencies by their names. Elvira Nabiullina prefers the nickname "Cryptos-Things".  Last month, Elvira Nabiullina was at the recent annual international economic forum in St. Petersburg when she used this new wording. The report released on May 30 supports the statement that the volume of transactions is very small. So small...

United States: 80% decrease in criminal activity via Bitcoin

Crypto Infos News
The United States Federal Drug Enforcement Agency (DEA) says criminal activity via cryptocurrencies has fallen sharply in the last five years. While bitcoin transactions are rising sharply, the currency of Nakamoto used by some criminals now only accounts for one-tenth of these transactions. Volume going up and ratio going down We remember the statement of a former US federal prosecutor. This...

Vinnik: ‘fake’ interrogation by French prosecutors

Alexander Vinnik's lawyer, a Russian citizen suspected of attempting to launder between $ 4 and $ 9 billion through the former exchange BTC-e, qualifies the interrogation of his client as 'fake'. The French authorities in charge of the investigation had not had the authorization to question down Vinnik this Tuesday, August 28. Vinnik case, The Rebirth If some enthusiastic cryptos have...