Bitcoin trading platform SFOX has released a report on the volatility of the cryptocurrency market in May 2019, finding that bitcoin is used as an instrument for hedging financial bets.
A law has been proposed in India to ban the use of cryptocurrency altogether, with a potential non-bailable prison sentence of up to 10 years for offenders.
Multiple users have reported that crypto trading platform LocalBitcoins has stopped allowing customers to make in-person trades of crypto assets for cash in an anonymous fashion.
North Korean hackers have made a phishing attempt on users of South Korean crypto exchange Upbit. The hackers reportedly sent out an email claiming that Upbit users needed to submit more information to become eligible for a prize drawing, then malware would activate when they opened it.
Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin to diversify its lending capital and potentially work with new clients.
The peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users, likely in response to sanctions against the country's government.