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South Korean Banks Drop Crypto Accounts as Government Plans a Ban

News South Korean regulators have announced a plan to ban banks from activities involving cryptocurrencies, prompting major banks in the country to declare they will no longer issue accounts required for crypto trading. South Korea’s top bitcoin exchanges are all effected, including Bithumb, Coinone, and Korbit. Banks that have made announcements i

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App Stores of Future Will Be Based on Blockchain, Promote Transparency

In 2017, app stores saw record revenues and downloads. Across both iOS and Android platforms, downloads grew by 15 percent year-over-year to reach nearly 50 billion worldwide, taking total revenue to $15 billion.Google Play and the Apple App Store are the most widely used mobile marketplaces across the globe. It’s because of this duopoly that they are able to impose a 30% cut on all purchases, a

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Apple Removes Fake MyEtherWallet Which Hit No. 3 on App Store

A rogue incarnation of popular altcoin wallet MyEtherWallet has finally disappeared from Apple’s App Store after gaining significant popularity.Having risen to number three in the marketplace’s finance app category, Apple moderators at last removed the spurious MEW from sight.Despite MEW itself not having an app and its desktop implementation being free to use, the fake charged $4.99 to downlo

This Week in Bitcoin: Mania, Meltdown, and Futures Fever

Featured Well, that was emotional. What exactly? Oh, you know: every single second of the past seven days in bitcoin. If you didn’t have palms sweaty, knees weak, and arms heavy, you clearly don’t have enough invested in bitcoin. Even for those who are only emotionally invested in the virtual currency’s future, the last few days have been inten

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Jim Cramer: Bitcoin Is Monopoly Money, Will Get Annihilated

Jim Cramer, the outspoken host of ‘Mad Money,’ has called Bitcoin ‘Monopoly Money,’ and has suggested that the futures market will ‘annihilate’ the cryptocurrency’s value when they open. The comment came during a segment aired on CNBC.Cramer is no fan of Bitcoin, in spite of, at one point, mentioning that the price could go to $1 mln. He believes the current run up is a bubble that h

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Apple Patent Filing Hints at Blockchain Use

Apple has recently submitted a new patent application that uses Blockchain within a prospective system for creating and verifying timestamps.Based on the public application to US Patent and Trademark Office on Thursday where Blockchain technology was used to certify timestamps as a program combined with Public Key Infrastructure (PKI) tools.Apple's application describes three possible methods for

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Bitcoin, Other Cryptocurrencies Will Play Key Role in Society Says Yahoo’s Jerry Yang

Yahoo co-founder Jerry Yang claimed that the virtual currencies like Bitcoin will play a key role in the future of society. He even compared the volatility and technology of Bitcoin to the “early days of the Internet.”In an interview at the sidelines of the Fortune Global Forum held in China in late 2017, Yang said that Bitcoin and the other digital currencies like Ethereum, Litecoin and Dash

Yahoo Finance App Users Can Now Track Their Bitcoin Balance at Coinbase

Finance With exchange-traded bitcoin futures almost here, cryptocurrencies are becoming popular mainstream investment instruments in the eyes of many. As such, every trading and investing service must give its clients exposure to bitcoin in order to stay relevant. The latest company to jump on the bandwagon is Yahoo, offering its users new ways to tr

Over 10,000 People Have Downloaded Fake Cryptocurrency Apps

Security The open web can be a dangerous place for cryptocurrency users. Phishing, trojans, and social engineering all come with the territory, ensuring that even the savviest of bitcoin-holders must remain alert. Within the walled gardens of Apple and Google’s app stores, however, there’s an assumption that if a mobile app has been vetted and do

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Bitcoin Market Cap Now Ahead Major Corporate Institutions

As Bitcoin’s market capacity rapidly approaches $200 billion it may be time to reflect on what the king of cryptocurrencies has recently surpassed. The unprecedented demand and resultant price surge mean that the digital asset is now has a greater market cap than some nations, a lot of big companies and a number of billionaires.Coin tracking website coinmarketcap.com currently lists the capacity

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