Japan’s Licensed Crypto Exchanges Formally Apply for Self-Regulatory Body

An association of sixteen licensed domestic cryptocurrency exchanges in Japan have formally applied for certification from the country’s financial regulator to form a self-regulatory body. The Japan Virtual Currency Exchange Association (JVCEA), a body comprised of all 16 licensed cryptocurrency exchanges, is looking to become a “certified fund settlement business association” after a formal application

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Monero Wallet Bug Sees Altex Exchange Suffer Major Loss

Monero was found to be carrying a bug which allowed theft from digital currency exchanges, according to the researcher who found the security hazard. In order of severity, the bug was ranked nine out of a possible 10. Bug bounty hunter Jason Rhineland disclosed that the exploit may be currently underway. Bug Bounty Hunter Discovers

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Crypto Bank Galaxy Digital Takes Massive Hit in Stock Market Debut

If you look hard enough, you can find a silver lining, but there’s no denying that billionaire Mike Novogratz has had a difficult week. Crypto Merchant Bank Has Rocky Debut Days after revealing that Galaxy Digital, his cryptocurrency merchant bank, posted a $134 million loss during Q1, the firm took a massive hit in its

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‘Bitcoin Boost’: Australian State Government Invests in Crypto Startup for Tourism

The government of Queensland, Australia’s second largest and third-most populous state, is backing a local crypto payments startup that officials believe will help boost tourism in the state. In an announcement on its official website on Wednesday, the Queensland government revealed details of an AUD$8.3 million grant given to 70 domestic companies looking to innovate … Continued

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Blockchain May Add $5 Billion to Indian Economy In The Next Five Years, Expert Says

Distributed ledger technology may add $5 billion to Indian economy in the next five years, according to NASSCOM’s VP Industry Initiatives. The non-profit trade association, which represents the sector of software and services companies in the country, has backed blockchain technology for many years. NASSCOM Promotes Blockchain In India for Its Potential for Economic Growth

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‘ASAP’: Korea’s Regulator Calls for ‘Urgent’ Cryptocurrency Laws amid Security Concerns

South Korea’s primary financial regulator is urging lawmakers to hasten the country’s first regulatory bill for the cryptocurrency sector amid fears of substandard security in the industry. Hong Seong-ki, head of the virtual currency response team at South Korea’s Financial Services Commission (FSC), has joined the chorus among authorities and lawmakers seeking to regulate the

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Wanchain 2.0 Launches, CEO Says Crypto Will Have Huge Impact on Finance Industry

The CEO of Wanchain has said cross-chain support will have a “huge impact” on the traditional financial industry by linking it to the crypto industry. In an interview with NewsBTC, he discussed Wanchain 2.0, which was launched on July 23 with cross-chain interoperability. Wanchain Version 2.0: “Big Milestone for the Industry” Wanchain has three primary

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Coinbase Additions, Enterprise Patents, and Massive Hacks: This Week in Crypto

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this weeks edition of The Bitcoin Podcast by CCN on iTunes or wherever you get your podcasts. Price Watch: Bitcoin fell nearly 8% this week after jumping above $6,800 early this week. The market

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Crypto.com Drops New Cryptocurrency Enabled Visa Card at TechCrunch

Hong Kong based Monaco has rebranded to Crypto.com since it purchased the domain name for several million dollars and has announced its new cryptocurrency enabled MCO Visa card at TechCrunch. MCO Visa Enables Purchases with Crypto Kris Marszalek, CEO and co-founder of blockchain-based startup Crypto.com is at the TechCrunch conference in Zug, Switzerland discussed his

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