Cryptocurrency News

Circle, the OTC (over-the-counter) trading desk, saw $24 billion worth of trading volumes in 2018. According to its official Medium blog post, the company saw 10,000 over-the-counter trades involving 600 different counter parties and spanning 36 assets.

An exciting turn is coming to the world of cryptocurrency. That is because investors will be able to purchase tokenized shares from January 9th. And this would include some of the leading tech companies across the world.

The state of New York will become the first in the country to officially launch a crypto task force that will focus on helping the state understand cryptocurrencies and its underlying Blockchain technology.

Perceptions of Bitcoin (BTC) versus altcoins changed forever in 2018. This is most especially as the latter continues to grow, though the largest cryptocurrency separated itself from the rest. But as far as Bitcoin developer Jimmy Song is concerned, it is completely different.

Over a dozen firms in the cryptocurrency sector are under investigation by UK’s financial regulator. Apparently, the Financial Conduct Authority (FCA) disclosed that 18 companies were being investigated over their involvement in selling cryptocurrencies. Additionally, alerts and warnings had been sent to another dozen or so firms over suspicion that they were engaging in cryptocurrency investment scams.

It holds true that black hat hackers tend to use their skills and knowledge for evil purposes. It could be anything from breaking into investors’ computers all the way to bypassing crypto exchange security protocols, all for the goal of stealing cash.

One of the biggest electronic companies in the world, the South Korea-based firm, Samsung is reportedly looking for a trademark in the United Kingdom. It is meant to be applied on its cryptocurrency wallet. The report came after the official filing made at with the U.K. Intellectual Property Office.

Unfortunately for Craig Wright, a United States court has rejected his repeated requests to dismiss the infamous $4 billion lawsuit filed against him. It is worth mentioning that Wright is the nChain chief scientist who is facing an ongoing battle, which alleges his involvement in a Bitcoin theft situation.

In the latest cryptocurreny news, another hacking incident has reportedly taken place. This time around it involves the Electrum Bitcoin Wallet. Official reports suggest that the hackers setup various malicious services, all of which helped in obtaining nearly $1 million.

Bithumb has just won the infamous investor’s hack case after a South Korean court ruled in favor of it. The decision was made following an incident involving a user getting hacked. The worth reportedly reached $355,000. This forced the individual to sue the company over the significant loss.