Cointelligence Blog

Due to the lack of a proper investment platform for virtual currencies, Hunter Horsley, a senior project manager from Facebook, and Hong Kim, a Google veteran, decided to build a cryptocurrency asset management company.

OKEx, a sister site of OKCoin, is a major bitcoin trading platform in China with customers from all over the world. Recently, a customer of OKEx reported that their account was accessed from a German IP when BTC-ETC trading was carried through it.

Quartz recently released a reported on how the bitcoin market in China has grown from a small-scale experiment to a billion-dollar market. The author reported that the Chinese government regulates the market so tightly that there is little room for speculation.

A week ago, South Korean regulators announced that they will be banning all Initial Coin Offerings (ICOs). The ban has yet to be implemented and many startups have decided to take action against the call of regulators to ban ICOs.

After the recent crackdown on ICOs, China’s official press agency released another statement in which it condemned the use of virtual currency in illegal activities.

While talking to Bloomberg TV, Larry Fink, the CEO of BlackRock, says that he is a big believer in cryptocurrency.

Roars of celebration could be heard around the office floor of R3 as the chief architect, Richard Gendal Brown, announced the release of their newest Corda distributed ledger platform.

Despite bitcoin’s massive success, prominent JP Morgan executive still remains critical. John Normand, head of FX and commodities at JP Morgan, recently explained his negative view of bitcoin on national television.

While bitcoin prices are predicted to soar up to $6,000 per BTC by the end of the year, experts have cautioned users to expect extreme volatility.

The local Dubai government recently confirmed the launch of the world’s very first state-sponsored cryptocurrency. The digital tokens, emCash, will be made available to all citizens of the United Arab Emirates (UAE). The tokens can be used to pay for all services, governmental as well as non-governm...