Cointelligence Blog

After falling victim to a devastating hacking campaign for the second time this year, the cryptocurrency exchange, Youbit, has shut down.

The European bank, Swissquote, has recently announced that investors can now invest in up to four different altcoins on their trading platforms.

A South Korean newspaper recently confirmed that North Korean hackers were behind increasingly damaging attacks directed at South Korean cryptocurrency exchange platforms.

Most traditional financial institutions have declared a Bitcoin Crash as one of the top 20 possible financial threats in 2018, however, the regulatory body FSOC argues otherwise.

Bitcoin platinum (BTP), was set to be launched on December 10th, turns out to be a fraud. BTP was initially marketed as a hard fork of the Bitcoin blockchain. The leading South Korean media outlet, JoongAng, exposed Bitcoin Platinum to be a scam to manipulate Bitcoin prices.

Research found that many ICOs provide insufficient information and, therefore, seeing them as ICOs to invest in cannot be the product of logical reasoning. Most of these ICOs count on legislative ambiguities and do not deliver any key legal information regarding their ICO.

It really is confusing when it comes to Bitcoin, since the difference of opinion regarding the cryptocurrency is so stark. Half of the big-time investors claim that bitcoin is the new gold, whereas, others state that it is a speculative bubble that should be avoided.

Coinbase president, Asiff Hirji, recently appeared in an interview with CNBC and hinted at some exciting new developments for the cryptocurrency exchange.

The latest bitcoin network development, the Lightning Network, promises to solve several issues currently encountered on the main bitcoin network, including scalability and long and costly transactions.

The country’s biggest crypto exchanges including Coinone, Bithumb, and Korbit have all confirmed that they are willing to comply with the newly imposed strict regulations.