Landon Manning
Report: Bitcoin Negatively Correlated With Traditional Markets
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.
India Proposes 10-Year Prison Sentence for Crypto Use
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.
OKCoin Launches Malta Office, Begins European Expansion
OKCoin stated that it has further plans to expand into the various regional cryptocurrency hubs worldwide.
Hodl Hodl Enables Mainnet Trading via Lightning Network
The peer-to-peer crypto exchange is allowing users to buy, sell and receive bitcoin directly from their Lightning wallets.
LocalBitcoins Stops Cash Trades, Personal Offers on Platform
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 Attack Upbit Users in South Korea
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.
Man Sentenced for Illegal Money Transmission Services on LocalBitcoins
In an ongoing trend, someone has been sentenced for conducting unlicensed money exchanges through peer-to-peer exchange service LocalBitcoins.
BlockFi Adds Gemini Dollar Stablecoin Support
Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin to diversify its lending capital and potentially work with new clients.
Tippin Enters Version 1.0, Promising New Feature
The Lightning Network app Tippin.me has released a version update to add new features, improve user experience and increase the user base.
LocalBitcoins Denies Service to Iranian Users
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.