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Crypto.com Achieves Key Milestone In South Korea After Raising 2 Local Companies

Aug 9, 2022
2 min

Crypto.com Achieves Key Milestone In South Korea After Raising 2 Local Companies

Crypto.com said that it achieved a key milestone in South Korea after securing two local companies, giving it access to crypto and payments registration in the country. It has been reported that the news came during Korea Blockchain Week 2022 after the company announced it acquired payment service provider PnLink Co. Ltd. and virtual asset service provider OK-BIT Co. Ltd. The move means they have now secured the electronic financial transaction act and virtual asset service p

Earn Crypto Rewards Using Sense Chat dApp

Crypto News Point

Apr 8, 2021
1 min

Earn Crypto Rewards Using Sense Chat dApp

Make Sense Labs, a decentralized application firm, allows users of its social messaging app to earn rewards in crypto. It has been reported by Make Sense that the technology company launched the crypto rewards feature on April 5 (Monday) on its Sense Chat app first developed in 2018. However, the app allows users to earn the company’s native SENSE tokens by interacting with others online by subscribing to different channels, inviting new users, and creating message threads. M

Google Finance Adds “Crypto” Tabs To Its Domain

Crypto News Point

Mar 2, 2021
1 min

Google Finance Adds “Crypto” Tabs To Its Domain

Google Finance has added “crypto” tabs to the finance.google.com domain. The section, titled “crypto” now appears in the “Compare Markets” category alongside conventional stock and currency markets. It has been reported that the section provides key pricing information for various cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). However, Google’s parent, Alphabet, also owns video platform YouTube, which has consistently irked cry

Nigeria’s VP Yemi Osinbajo Speaks Positively About Crypto And Blockchain

Crypto News Point

Mar 2, 2021
2 min

Nigeria’s VP Yemi Osinbajo Speaks Positively About Crypto And Blockchain

Yemi Osinbajo, the Vice President of Nigeria, has spoken positively about crypto and blockchain. Osinbajo said during the Central Bank of Nigeria (CBN) Bankers’ Committee Economic Summit: “There is no question that blockchain technology generally, and cryptocurrencies in particular, will in the coming years, challenge traditional banking, including reserve banking, in ways that we cannot yet imagine. We need to be prepared for that seismic shift, and it may come sooner than l

UN Accuses North Korean State Of Stealing $281 Million Worth Of Crypto

Crypto News Point

Feb 13, 2021
2 min

UN Accuses North Korean State Of Stealing $281 Million Worth Of Crypto

Report said that the United Nations has accused the North Korean state of stealing $281 million worth of crypto from an exchange during September 2020. It has been reported that the findings from a “confidential report” authored by independent sanctions monitors for UN Security Council members “strongly suggests” links between the hack’s perpetrators and the North Korean regime. The report stated: “Preliminary analysis, based on the attack vectors and subsequent efforts to la

Crypto Euphoria On The Rise Again On Google

Crypto News Point

Feb 3, 2021
2 min

Crypto Euphoria On The Rise Again On Google

Crypto frenzy increasing on Google search trends again as found by new industry findings. According to Google Trends, a keyword search for “buy crypto” received a perfect score of 100 indicating maximum interest. Is BTC back on track for more ATHs?https://t.co/TvOfZweEBn — Cointelegraph (@Cointelegraph) February 2, 2021 According to cryptocurrency analytics company The Tie, Google searches on “Buy crypto” soared to all-time peaks in January, surpassing the previous spike of

Cardano Working On A Microchip That Could Turn Crypto Into Fiat-Like Experience

Crypto News Point

May 22, 2020
2 min

Cardano Working On A Microchip That Could Turn Crypto Into Fiat-Like Experience

Cardano is working on a crypto-native microchip that would enable crypto transitions without the internet access. It can potentially deliver fiat-like experience to the hundreds of millions around the world. Founder and CEO of Cardano, Charles Hoskinson elaborated on the crypto-native chip that IOHK (the developer behind Cardano) is working at its blockchain lab at the University of Wyoming. IOHK when began exploring supply chain use cases realized that there were no chips on

Litecoin Foundation Partners With Cred To Let LTC Holders Earn Interest

Crypto News Point

Feb 11, 2020
2 min

Litecoin Foundation Partners With Cred To Let LTC Holders Earn Interest

Litecoin Foundation is partnering with Cred to offer interest on Litecoin (LTC) collateral. On Feb. 10 a press release announced on the strategic partnership. Cred customers can lock their coins with the provider to earn up to 10% annual percentage rate. Pleased to have selected @ihaveCred as our strategic partner for borrowing & earning. Read more about our partnership and how you can earn up to 10% interest on #LTC here: https://t.co/beqnm74rXq — Litecoin Foundation (@LTCFo

Hong-Kong Based Blockchain Startup Bitspark Shuts Down

Crypto News Point

Feb 5, 2020
2 min

Hong-Kong Based Blockchain Startup Bitspark Shuts Down

Hong Kong-based blockchain startup Bitspark has announced its closure, citing internal restructuring issues. On Feb. 3, co-founder and CEO of Bitspark, George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020. Important update: Bitspark will be closing its doors as of 4 March 2020 More info here: https://t.co/llHVRcPW0d — Bitspark (@BitsparkLtd) February 3, 2020 According to the statement, Bitspark users will be able to withdraw the

South Korea Considers Imposing a 20% Tax On Crypto Income

Crypto News Point

Jan 20, 2020
1 min

South Korea Considers Imposing a 20% Tax On Crypto Income

South Korea’s Ministry Of Economy And Finance is considering imposing a 20% tax on crypto income. On Jan. 20 The Korea Times published a report stating that the ministry had reportedly ordered its income office to review cryptocurrency taxation although not finalized its plan. Government’s Categorization On Crypto Tax The proposed plan is followed by news reports from the earlier month that South Korea is drafting a tax regime for profits made from trading cryptocurrencies. S

Redditor Introduces New Bitcoin Video Game As A Holiday Gift To Crypto Community

Crypto News Point

Dec 26, 2019
2 min

Redditor Introduces New Bitcoin Video Game As A Holiday Gift To Crypto Community

A Redditor has introduced a new Bitcoin (BTC) video game as a holiday gift to the crypto community. CoinTelegraph: Redditor Creates BTC-Themed Game as Holiday Gift for Crypto Community https://t.co/leZX1ALrAJ pic.twitter.com/MsHl51GUyV — StuartSimon (@StuartSimon) December 26, 2019 On December 24, it has been reported on Reddit that the new “Satoshi vs. the Shills” Bitcoin game is a survival shooter game featuring Satoshi Nakamoto as the main character. However, the arcade g

Thomson Reuters Partners With Verady To Bring A Crypto Tax Tool

Crypto News Point

Dec 24, 2019
2 min

Thomson Reuters Partners With Verady To Bring A Crypto Tax Tool

Multinational media conglomerate, Thomson Reuters announced a partnership with Verady, a firm that specializes in the accounting and reporting of cryptocurrencies and blockchain assets on bringing a new cryptocurrency tax tool to market. On De. 12 the firm announced that the partnership, the tax tool will serve as a single point of data entry and review for virtual currency transactions including: Exchanges Forks Purchases and payment for services rendered. Kell Canty, CEO of

CipherTrace Joins Anti-Human Trafficking Intelligence Initiative (ATII) To Use Crypto Analytics

Crypto News Point

Dec 20, 2019
4 min

CipherTrace Joins Anti-Human Trafficking Intelligence Initiative (ATII) To Use Crypto Analytics

CipherTrace, a leader in blockchain security, has announced that it will join forces with the Anti-Human Trafficking Intelligence Initiative (ATII) to use crypto analytics to advance the organization’s goal of combating global human trafficking. CipherTrace, a leader in block-chain security will be partnering with ATII to use crypto analytics to advance the organization's goal of combating global human trafficking. Learn more: https://t.co/qVBbZJflWv#Bitcoinnews #Partnership

92% Of Institutional Investors Keep Their Cryptos On Exchanges

Crypto News Point

Nov 25, 2019
2 min

92% Of Institutional Investors Keep Their Cryptos On Exchanges

Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges, instead of the inherent security risks, as new data claims. The wise #investor extracts their #Crypto onto a hardware wallet like Trezor. 🧐 #bitcoin #BTC #blockchain #investments#investing #economics #EconTwitter #fintech #Chainlink #cryptocurrency #CryptoNews #SundayThoughts https://t.co/XS0yvZbo1N — Robby Hollins (@RobertHollinsKY) November 24, 2019 On November 22, it has been compiled b

Charles Hoskinson Says ‘Crypto Is Unstoppable’, Bitcoin Will Hit $100K

Crypto News Point

Nov 24, 2019
1 min

Charles Hoskinson Says ‘Crypto Is Unstoppable’, Bitcoin Will Hit $100K

Charles Hoskinson, the Ethereum Co-founder turned Cardano (ADA) Creator, said that he expects Bitcoin (BTC) to be back over $10,000 and reach $100,000 in the future. On November 22, it has been published in a tweet that Hoskinson urged the cryptocurrency community that Bitcoin is more than speculation, putting the blame on the latest drop in price on news media “FUD” or fear, uncertainty and doubt, and market manipulation. Bitcoin's price is going down? Remember everyone, aft

Central Bank Branch Of Iran Set On Fire, Crypto Community Closely Follows The Developments

Crypto News Point

Nov 18, 2019
2 min

Central Bank Branch Of Iran Set On Fire, Crypto Community Closely Follows The Developments

Iranian protesters have set the building of the Central Bank of the Islamic Republic of Iran in the city of Behbahan on fire, as the cryptocurrency community closely follows the developments. However, BeingLibertarian, the official twitter profile of libertarian Media Company, published a video of what is presumably a branch of Iran’s Central Bank in Behbahan, in the southwest of the country, being set on fire amid protests. Iran is burning down their central bank. pic.twitte

Millions Of Indian Bank Users Asking For Their Money, As Crypto Is An Accessible Alternative

Crypto News Point

Nov 13, 2019
2 min

Millions Of Indian Bank Users Asking For Their Money, As Crypto Is An Accessible Alternative

One million customers of an Indian Bank are currently without access to the money that they deposited with the institution. The incident serves as yet another reminder of the shortcomings of the current banking system and the potential improvements offered by crypto. It has been analyzed that the bank in question has been under investigation for fraud and Mumbai police have arrested several of its executives. However, customers have been only allowed to withdraw a maximum of

South Korean Presidential Committee Pushes to Legalize Crypto

Crypto News Point

Nov 1, 2019
2 min

South Korean Presidential Committee Pushes to Legalize Crypto

The South Korean Presidential Committee on the Fourth Industrial Revolution (PCFIR), directly under the president, has made several recommendations regarding the country’s cryptocurrency regulation. The PCFIR coordinates policies and reviews matters pertaining to the national master plans and strategies related to the “fourth industrial revolution,” which refers to a highly connected economy supported by advances in areas such as blockchain, 5G, artificial intelligence, big d

EOS Holds Top Spot, Bitcoin 11th in China’s Latest Crypto Rankings

Crypto News Point

Oct 29, 2019
1 min

EOS Holds Top Spot, Bitcoin 11th in China’s Latest Crypto Rankings

China’s fourteenth crypto ranking reports Bitcoin (BTC) ranked as 11th and EOS retaining the top spots as of the end of September 2019. The crypto ranking report is released by China’s state-backed tech workgroup with total rankings lists of 35 assets. On Sept. 29. The Center for Information and Industry Development (CCID)’s online information portal reported the release of the crypto ranking report. Reshuffling in Rankings The last installment of rankings in July revealed th

Cashaa to Launch Banking Solution for Indian Crypto Owners

Crypto News Point

Oct 22, 2019
2 min

Cashaa to Launch Banking Solution for Indian Crypto Owners

Cashaa, the U.K.-based online banking services platform, is offering a solution for Indian crypto owners, who are facing banking restrictions, that imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies. On October 22 (Monday), Cashaa announced that it will start enabling users to buy cryptocurrencies with INR on October 23. The company explained: “Whil

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