The head of the ECB called cryptocurrencies very risky assets

The ECB Podcast – Innovation in payments: Libra, blockchain and crypto-assets European Central Bank Governor Mario Draghi sees cryptocurrencies as risky assets, not real currencies. Speaking at a conference «Youth dialogue», head of the ECB said, that bitcoin and other cryptocurrencies are not real currencies, but assets. According to him, the European central bank is […]

Bitmain to close Israeli development center due to crypto market collapse

Bitcoin Mining Giant Bitmain Closes Israeli Branch | BTC Cryptocurrency News Crypto giant Bitmain is forced to close its Israeli blockchain research and development unit due to the general downturn in the virtual currency market.. The Bitmaintech Israel Development Center was opened in 2016 and specialized in exploring the possibilities of blockchain technology, developing infrastructure […]

68 Cryptocurrency Hedge Funds Closed This Year

70 Crypto Hedge Funds Have Closed in 2019 According to Crypto Fund Research, at least 68 hedge funds specializing in cryptocurrencies have ceased their activities in 11 months of this year.. They mainly served institutional investors such as family offices, pension funds, and wealthy people, according to the researchers. 28 such organizations closed in the […]

South Korea will start fighting crypto exchanges without registration

South Korean government changes a bill regulating cryptocurrency exchanges, according to which the leaders of unregistered platforms face imprisonment. The amendment aims to encourage exchanges to develop consumer protection systems and adopt international AML / CFT standards recommended by the FATF. First of all, ensure that virtual accounts served by banks are linked to the […]

Bitfinex and OKEx have been hit by multiple DDoS attacks in the last 24 hours

OKEx and Bitfinex Crypto Exchanges Hit By DDoS Attacks| Cryptoknowmics Two major crypto exchanges have reported a number of major DDoS attacks that have disrupted their operations in the last 24 hours. OKEx CEO Jay Hao said that in a day, the exchange was subjected to two distributed denial of service attacks at once, the […]

The number of vacancies in the blockchain and cryptoindustry increased by 26%

TOP TIPS To Get a Job in The Crypto Industry!! 🤓 According to a study by Seen by Indeed, over the past year on popular job search sites, the number of vacancies related to blockchain and cryptocurrencies has increased by 26%.. Over the past four years, there has been a steady growth in the demand […]

Israeli banks refuse to accept deposits from crypto investors

Israeli Banks Should Not Deny Services to Crypto Firms Attorney General Israeli banks refuse cryptocurrency investors to place funds received as a result of transactions with digital assets on their accounts. According to Haaretz, local crypto investors are unable to pay the tax as financial institutions fear that proceeds from virtual currencies are linked to […]